What are some of your picks for 2012? Some thoughts from bigtexxx, free of charge: 1) Transocean (RIG). Playing on a meta-theme of continued commodity inflation due to Europe and the US continuing to print money. 8% dividend yield, and the news on this stock can't get any worse. (as Warren B says, "be greedy when others are fearful....and fearful when others are greedy). The current Brazil dust-up is tiny. 2) Consumer discretionary stocks. Obama and team in the election year are going to pull out all the stops to try to boost consumer confidence and even manipulate the stock market through fed actions. Chipotle (CMG) and Under Armour (UA) are two that I like. Overall I believe the market will be up, led by commodities (energy, specifically) and consumer discretionary stocks. I would welcome your challenges to these thoughts, or your own thoughts.
He is in it for a trade. If you want to buy gold just be patient. It has been above its 200 day moving average for like 3 years and it just broke thru it. You will have a lot of time to buy gold over the next 6 months. Just wait for people to start panicking and bailing on gold before you look to buy.
RIG is an interesting one that I got suckered into earlier in the year, but that div isn't 100% safe just so you know. I don't know how they can realistically shell out a billion dollars in dividends with their issues right now. I'd like to see that thing move much lower before looking to buy. Outside of that my only layups are looking for further downside in NFLX and SHLD, but both are very hard to play. Sears has the most downside potential. Right now the only thing buoying the stock are its real estate and brand assets. However, the former Sears Canada chairman came out and said he feels Eddie Lampert will load Sears up with debt in 2012 to purposefully drive it to bankruptcy. Pretty strong statement from a former chairman. That being said puts are EXTREMELY expensive. I am still trying to figure out how to trade this.
I'm looking for some sort of website that allows you to search mutual funds and ETF by their portfolio. Something to where I can search for a mutual fund that has large holdings in company xyz. Anyone have any suggestions? For example, If I wanted to buy some shares in Berkshire Hathaway, but don't have the money to buy 1 share, I'd like to search for a mutual fund that has large holdings (as a % of their protfolio) in that company. Any ideas?
Bump.... Well the post on RIMM and not touching it with your enemy's dick turned out to be one of the biggest contrarian calls in awhile. I think its up almost 50% since then. Pretty amazing. GOOG getting smoked after hours on an earnings miss. Looks like its finding a bottom around 575 down almost 9%. MSFT, IBM and INTC all seemed to have solid reports though. And that SHLD it looks like it is destined to fill the gap and maybe overshoot it with how heavily shorted it is.
The market is too damn volatile these days for my taste. Although it has been very good the last few weeks.
I know I've seen Robbie posting on here quite a bit, perhaps he or someone else who has some more than basic knowledge on things could help me with a few stocks. Mid 20's and just paid off a big portion of my debt, looking to start putting around $500-$1000 a month in something to grow for retirement. What area should I look into? I won't touch these stocks for at least 35-40 years so short term is not what I'm looking for. Any help would be appreciated.
I'm not expert, but I would just go with a low cost index fund like the Vanguard 500. This thread has turned into more of a trading thread.
If he's investing for retirement, you can't go wrong with VFINX. Of course, he could also pick some dividend stocks that'll be around for a long time, MO, CAT, KO, etc. Rest of the thread is all trading, not investing
I see, well here's a question different people can give their input on. What is the minimum amount you would suggest for a startup if you want to start trading on a regular basis? Knowing brokerage fees and whatnot will eat some profit, you can't start with $500 and expect to make a killing. $5,000 min? 10,000? More? Figure this is a good start up for a discussion.
I would suggest a similar ETF: Vanguard Total Stock Market ETF (VTI) and when you get comfortable with that investment, you can add in: Vanguard FTSE AW ex-US ETF (VEU) These low cost index ETFs have similar mutual fund counterparts, but you do not need a minimum to start investing in ETFs versus mutual funds.
Hey I'm wanting to get into trading but practicing on online simulation first to make sure I don't jump in and lose my money immediately. Any advice on this and any resources I should know about?
Read read read. Don't trade on emotion. Keep a balanced portfolio. If you can't lose the money, don't invest it in the first place (especailly in non blue chip stocks). Don't just look at ratios, cash flows, etc. While they're helpful, really think about the company and it's industry.
The Intelligent Investor for fundamentals. It's written by Warren Buffet's prof and mentor. Technical Analysis of the Financial Markets by Murphy. That's a good start. Those books are polar opposites and will you give you two different perspectives. Reminisces of a stock operator is also a must read for n00bs. It talks about the social aspects of trading.
Thinking about putting 1500 in Bank of america... There future is looking good. What are y'alls input?
I hear they are scaling back... they might be on the way down for good. People just don't like that brand. Thoughts on why this stock is a good idea?
Reason why is because lately the banks have been up and i just don't see the market being down for about 2 to 4 months.. but that's my perspective. like being down as like 2 to 3 percent. Also Warren Buffet invested in BAC too so that is my main reasons.
