Stock Gurus-Buying or Selling?

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DikTracy6000
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Stock Gurus-Buying or Selling?

Post by DikTracy6000 »

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.

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Shafpocalypse Now
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Re: Stock Gurus-Buying or Selling?

Post by Shafpocalypse Now »

Most people do just fine with their own pic providing they do the research and don't rely too heavily on one persons prediction

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Pinky
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Re: Stock Gurus-Buying or Selling?

Post by Pinky »

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."


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DikTracy6000
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Re: Stock Gurus-Buying or Selling?

Post by DikTracy6000 »

Pinky wrote:Most people do even better when they don't try to pick stocks.
Spoken like a seller of mutual funds. Nothing wrong with owning an low-expense index though.


TerryB
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Re: Stock Gurus-Buying or Selling?

Post by TerryB »

Whatever you decide to buy, be sure you sell every 10 years, just before all the money is looted again by the financial industry.
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Turdacious
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Re: Stock Gurus-Buying or Selling?

Post by Turdacious »

Plastics.
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Pinky
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Re: Stock Gurus-Buying or Selling?

Post by Pinky »

DikTracy6000 wrote:Nothing wrong with owning an low-expense index though.
My investment strategy consists of two simple steps:
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."


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DikTracy6000
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Re: Stock Gurus-Buying or Selling?

Post by DikTracy6000 »

Pinky wrote:
DikTracy6000 wrote:Nothing wrong with owning an low-expense index though.
My investment strategy consists of two simple steps:
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.
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.

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johno
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Re: Stock Gurus-Buying or Selling?

Post by johno »

I buy low & sell high. It works every time.
The best lack all conviction, while the worst
Are full of passionate intensity.

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Freki
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Re: Stock Gurus-Buying or Selling?

Post by Freki »

DikTracy6000 wrote:
Pinky wrote:
DikTracy6000 wrote:Nothing wrong with owning an low-expense index though.
My investment strategy consists of two simple steps:
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.
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.
Depends on dividends and if he was dollar cost averaging during the drops in 08 and after 9/11.
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Re: Stock Gurus-Buying or Selling?

Post by Croatoa »

Buy gold coins
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Re: Stock Gurus-Buying or Selling?

Post by TomFurman »

Some of you may know James Krieger from nutrition/fitness.
He has this blog as well on stocks. Entertaining.
http://www.welcometothegutter.com/
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