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| Tweet Topic Started: Nov 15 2010, 06:05 PM (3,338 Views) | |
| Horn | Oct 26 2011, 04:50 PM Post #61 |
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damn that suck...... anyways, I wouldn't necessarily say its gambling.....its investing (I guess you could technically use those terms the same way). You don't always make money on an investment. I joined a group at college that invests, we have $1,000,000 of the schools money to invest in the S&P 400. Yes it is real money. Our instructor use to be a VP of a financial investment company that was in charge of $60 Billion. We have been learning about certain things to look for and evaluation models, that if done right will tell you the approximate value of the stock. These methods do involve a lot of math, but they are the same methods that many investment firms use. So I am getting a lot more experience. and also if you are relatively close to retirement......why do you have most of your money in the stock market?....come on there are safer ways. |
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| JamesGarfield | Oct 26 2011, 06:14 PM Post #62 |
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Sounds like your instructor is one of those who can give you a good guidance. Gotta love that. Actually I'm fairly diversified, not just in the stock market, some CD's, some real estate, tryin' to spread it around. I think about retirement, those years when I won't be able to work any more... but I try not to think about actually retirING. Most of the time I get the feeling my retirement is gonna come in the form of a box, and 6 feet of dirt. |
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| cgem | Oct 26 2011, 06:32 PM Post #63 |
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I say go mutual funds for the risk factor. Individual stocks and futures can wipe out a retirement in a heartbeat. You can also move your money in and out of MF's, and into the safe money market, when times get volatile (usually free of charge with most companies). And get a creditable newsletter to guide your moves. Newsletters are even reviewed for accurateness. Slow steady growth is preferred over roller coaster returns. |
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| Memphis metro | Jan 1 2012, 10:39 PM Post #64 |
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Any big traders have any ideas on AA at this moment in time? |
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| Old Man | Jan 2 2012, 01:29 AM Post #65 |
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Im done with worrying about it !! At 70yrs+ Im just spending the hell out of it..........
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| Way | Jan 2 2012, 03:33 AM Post #66 |
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I have been toying with penny stocks of late, oil shale stocks so far. Been kind of hit and miss, one really good one that has put me in the profit side but 2 others that are not doing so good. Energy, war and medicine are usually pretty safe bets unless they invent perpetual motion, worldwide peace breaks out irreversibly and doctors cure all disease. It would be just my luck..
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| dayle1960 | Jan 2 2012, 04:43 PM Post #67 |
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Fastest Hampster EVER
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Dollar General, Family Dollar, and Freds. They are selling the piss out of merchandise everytime I step into one of their stores. With the economy tanking, the cheap retailers are making money hand over fist. Worth a peek, at least. |
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| Memphis metro | Jan 2 2012, 09:48 PM Post #68 |
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Sure looks like a good buying opurtunity for AA. http://www.americanbulls.com/StockPage.asp?CompanyTicker=AA&MarketTicker=NYSE&Typ=S http://www.google.com/finance?q=aa# |
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| Way | Jan 2 2012, 11:22 PM Post #69 |
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They do say buy low and sell high. It certainly seems to be at a low: I guess the question is: why? What happened to drive the price down from a high of $18.12? |
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| Memphis metro | Jan 2 2012, 11:33 PM Post #70 |
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Unless its lack of building going on because of slow economy I dont know. Lack of demand for alluminum siding materials, car parts or other alluminum products in a slow economy. But with the supposedly better economic news floating around lately, it might drive it back upwards towards 11 or so pretty soon. |
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| Horn | Jan 2 2012, 11:43 PM Post #71 |
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Well I havent looked at the financials so I cant say anything. But the charts can mislead you.....but can help you. Many of the big firms use a big equation to find a price. Look for an increase in o.s. Compare their earnings and costs over several years. See if they are expanding.....etc |
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| Way | Jan 2 2012, 11:44 PM Post #72 |
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Definitely something to keep an eye on for sure. $10 drop in 6 months. Seeking Alpha site seems to have some good things to say: http://seekingalpha.com/symbol/aa?source=search_general&s=aa |
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| Way | Jan 2 2012, 11:48 PM Post #73 |
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That sounds awesome! Do you have any good books to recommend for anyone wanting to learn the math? Or maybe I should wait to see how much that million is worth in a year?
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| Horn | Jan 3 2012, 12:00 AM Post #74 |
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Actually I had to drop out of the program because I needed more time to study for class. The main goal of that group is to beat the benchmark. which they have the past few years.....as for books idk of any off hand. I would do a google search maybe a college book in investing that is a few editions old could help |
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| Way | Jan 3 2012, 12:01 AM Post #75 |
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Might be good for long term holding: I play penny stocks because at $5 and under, it's much easier for the money to double. It would take a substantial development for Family Dollar to gain a whole lot. A penny stock can double in a week. Of course, with the reward of penny stocks comes the greater risk. Companies on this level can tank pretty quick too. I figure rather than go to Vegas or a local casino, I can at least have a little money in, see what it does. My chances of a return are a little better plus I sort of have an idea of my real odds. If the hits the |
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