Stock Gurus-Buying or Selling?
Moderator: Dux
-
Topic author - Sgt. Major
- Posts: 2705
- Joined: Mon Oct 17, 2005 4:35 pm
Stock Gurus-Buying or Selling?
I currently have a limit order in for Ford. A few years ago, Ford was a homerun for me, bought at 3.00 and sold half in mid teens and rest at 12.00. Should have sold at 19 back then. Now it's looking good to me again. Sold some dogs in the process. Maybe I should be buying ammo and canned foods instead.
Any good ideas on IGX? And before I'm chastised about getting my advice here, I trust you guys/gals probably more than Cramer and internet fly by night stock advisors. One of the dogs I sold was an old Cramer dividend idea. When the Shafpocalypse finally comes down, probably be worthless anyway.
Any good ideas on IGX? And before I'm chastised about getting my advice here, I trust you guys/gals probably more than Cramer and internet fly by night stock advisors. One of the dogs I sold was an old Cramer dividend idea. When the Shafpocalypse finally comes down, probably be worthless anyway.
-
- Lifetime IGer
- Posts: 21281
- Joined: Fri Feb 04, 2005 11:26 pm
Re: Stock Gurus-Buying or Selling?
Most people do just fine with their own pic providing they do the research and don't rely too heavily on one persons prediction
Re: Stock Gurus-Buying or Selling?
Most people do even better when they don't try to pick stocks.
"The biggest problems that we’re facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all."
-
Topic author - Sgt. Major
- Posts: 2705
- Joined: Mon Oct 17, 2005 4:35 pm
Re: Stock Gurus-Buying or Selling?
Spoken like a seller of mutual funds. Nothing wrong with owning an low-expense index though.Pinky wrote:Most people do even better when they don't try to pick stocks.
Re: Stock Gurus-Buying or Selling?
Whatever you decide to buy, be sure you sell every 10 years, just before all the money is looted again by the financial industry.
"Know that! & Know it deep you fucking loser!"


-
- Lifetime IGer
- Posts: 21247
- Joined: Thu Mar 17, 2005 6:54 am
- Location: Upon the eternal throne of the great Republic of Turdistan
Re: Stock Gurus-Buying or Selling?
Plastics.
"Liberalism is arbitrarily selective in its choice of whose dignity to champion." Adrian Vermeule
Re: Stock Gurus-Buying or Selling?
My investment strategy consists of two simple steps:DikTracy6000 wrote:Nothing wrong with owning an low-expense index though.
1. Buy low-expense index funds.
2. Spend my time thinking about things that are more fun or more pressing than investing in the stock market.
"The biggest problems that we’re facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all."
-
Topic author - Sgt. Major
- Posts: 2705
- Joined: Mon Oct 17, 2005 4:35 pm
Re: Stock Gurus-Buying or Selling?
I just enjoy earmarking a small part of funds to buy a few that grab my attention. You must be pleased with the S&P 500 index if you own it, It's still 13 points below year 2000 levels. Why I like to keep an eye on things. If you factor in even a low bare bones expense ratio, you're seriously under water. Enjoy your other pursuits.Pinky wrote:My investment strategy consists of two simple steps:DikTracy6000 wrote:Nothing wrong with owning an low-expense index though.
1. Buy low-expense index funds.
2. Spend my time thinking about things that are more fun or more pressing than investing in the stock market.
Re: Stock Gurus-Buying or Selling?
I buy low & sell high. It works every time.
The best lack all conviction, while the worst
Are full of passionate intensity.
W.B. Yeats
Are full of passionate intensity.
W.B. Yeats
Re: Stock Gurus-Buying or Selling?
Depends on dividends and if he was dollar cost averaging during the drops in 08 and after 9/11.DikTracy6000 wrote:I just enjoy earmarking a small part of funds to buy a few that grab my attention. You must be pleased with the S&P 500 index if you own it, It's still 13 points below year 2000 levels. Why I like to keep an eye on things. If you factor in even a low bare bones expense ratio, you're seriously under water. Enjoy your other pursuits.Pinky wrote:My investment strategy consists of two simple steps:DikTracy6000 wrote:Nothing wrong with owning an low-expense index though.
1. Buy low-expense index funds.
2. Spend my time thinking about things that are more fun or more pressing than investing in the stock market.
"The reason that 'guru' is such a popular word is because 'charlatan' is so hard to spell."
@GSElevator: Can we please stop calling them hipsters and go back to calling them pussies?
Blood eagles solve everything.
@GSElevator: Can we please stop calling them hipsters and go back to calling them pussies?
Blood eagles solve everything.
Re: Stock Gurus-Buying or Selling?
Some of you may know James Krieger from nutrition/fitness.
He has this blog as well on stocks. Entertaining.
http://www.welcometothegutter.com/
He has this blog as well on stocks. Entertaining.
http://www.welcometothegutter.com/
"There is only one God, and he doesn't dress like that". - - Captain America