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  1. #31
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    rule 69 of investing says never invest in canadian stocks.
    particularly if they are listed on the vc stock exchange and
    if they are involved in mining and oil business.they are all
    ponzi schemes.

  2. #32
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    ay carmaba! your ge stock will get quite a bit cheaper
    now that they got the dividends in half.watch out below!

    https://finance.yahoo.com/news/gener...--finance.html

  3. #33
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    Quote Originally Posted by Playboy View Post
    ay carmaba! your ge stock will get quite a bit cheaper
    now that they got the dividends in half.watch out below!

    https://finance.yahoo.com/news/gener...--finance.html
    Bought more today.

  4. #34
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    investing rule #70: don't try catching a falling knife.


  5. #35
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    I fundamentally still like GE's businesses.
    but will wait until it falls down to 15 bucks.
    I think there will be more bad news around dividend

    http://finance.google.com/finance?q=...GtWEjAGEpImwDQ
    “It is better to be roughly right than precisely wrong”


  6. #36
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    To those of you who invest in stocks, I used to do that but now I primarily invest in income property. I must say though if you bought Amazon at the right time, you hit it big time. I would invest in an S&P 500, something with a safe rate of return. The problem with investing in one or a couple of companies is you are screwed if it goes down. Of course, there is a risk involved with any investment.

  7. #37
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    Team melli. honestly investing in individual stocks per say is not that smart per say.

    better to invest in passive indexes (ETFS). they are basket. that's better.

    also dollar cost average. (meaning if you have $10,000). invest 1000 now. 1000 in six month , three month whatever.
    that way you get some of the upside and downside.

    nobody really knows if the market will go up or down. if we did. we woudl be crazy not to sell our house, our car. max out our credit cards and just go long or short on the markets.
    “It is better to be roughly right than precisely wrong”


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  9. #38
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    most importantly dont put any money in the market that you will need in next couple of years.
    “It is better to be roughly right than precisely wrong”


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  11. #39
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    ChaharMahal jan. In my MBA class, my finance professor taught us a few things. Everyone I mentioned has an MBA but you don't need that, in order to make money. You are right on both accounts, never investing in individual stocks is not smart at all. First of all here are some rules before you decide to invest in the stock market.
    1-Make sure you have no debts. This is obvious but you will be surprised, people do not do the ovious.
    2-Make sure you have six months to one year of your annual salary saved up. One thing keeping me afloat is income property and saved income.
    3-Make sure you have your liabilities taken care of such as house, car. Once you have all of those check marked off your list, you can think about investing.
    When you invest you should
    4- You want to spread your investments around so I will have a bulk in real estate but I will also later on add stocks again to it. Put about 10% into commodities as well Gold, Silver etc.
    1-Spread it like you mentioned. If you have $10,000 like you said, invest $1,000, and add on to it, do not just do it all at once. That way you can adjust your investment. Here is an excellent article I found on CNN money What is better Mutual Funds or ETF's. Tell me what you think? I will provide the link for you. BTW good finance articles I like to read are from
    1-WSJ
    2-Forbes
    3-CNN Money, just to name a few off the top of my head. This is the main partIf you want to invest a big chunk at once - for example, you're doing a rollover of a 401(k) or an IRA - you're better off with an ETF. By contrast, if you want to invest $200 a month (or you tend to invest sporadically with modest amounts of money), you're probably better off in a regular mutual fund; overall, the fees will be lower

    So this is why I am leaning more to a mutual fund, it is the better option for what we were discussing, spreading it around. If you want to invest it all at once, then go with the ETF.[/FONT]

    http://money.cnn.com/retirement/guid...mag/index5.htm
    Last edited by TeamMeli; 13-11-2017 at 11:49 PM.

  12. #40
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    Quote Originally Posted by TeamMeli View Post
    ChaharMahal jan. In my MBA class, my finance professor taught us a few things. Everyone I mentioned has an MBA but you don't need that, in order to make money. You are right on both accounts, never investing in individual stocks is not smart at all. First of all here are some rules before you decide to invest in the stock market.
    1-Make sure you have no debts. This is obvious but you will be surprised, people do not do the ovious.
    2-Make sure you have six months to one year of your annual salary saved up. One thing keeping me afloat is income property and saved income.
    3-Make sure you have your liabilities taken care of such as house, car. Once you have all of those check marked off your list, you can think about investing.
    When you invest you should
    4- You want to spread your investments around so I will have a bulk in real estate but I will also later on add stocks again to it. Put about 10% into commodities as well Gold, Silver etc.
    1-Spread it like you mentioned. If you have $10,000 like you said, invest $1,000, and add on to it, do not just do it all at once. That way you can adjust your investment. Here is an excellent article I found on CNN money What is better Mutual Funds or ETF's. Tell me what you think? I will provide the link for you. BTW good finance articles I like to read are from
    1-WSJ
    2-Forbes
    3-CNN Money, just to name a few off the top of my head. This is the main partIf you want to invest a big chunk at once - for example, you're doing a rollover of a 401(k) or an IRA - you're better off with an ETF. By contrast, if you want to invest $200 a month (or you tend to invest sporadically with modest amounts of money), you're probably better off in a regular mutual fund; overall, the fees will be lower

    So this is why I am leaning more to a mutual fund, it is the better option for what we were discussing, spreading it around. If you want to invest it all at once, then go with the ETF.[/FONT]

    http://money.cnn.com/retirement/guid...mag/index5.htm
    According to above nobody would own stocks.

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  14. #41
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    Quote Originally Posted by Zob Ahan View Post
    According to above nobody would own stocks.
    LMAO Good one and I would conservatively say 80% of the people who are investing should be saving and paying off their debts.
    Last edited by TeamMeli; 14-11-2017 at 04:16 PM.

  15. #42
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    Those who bet against AMZN are the same who bet against Bitcoin & crypto. AMZN @ $1219 today.

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  17. #43
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    Quote Originally Posted by Zob Ahan View Post
    Those who bet against AMZN are the same who bet against Bitcoin & crypto. AMZN @ $1219 today.
    Who in their right mind would bet against AMZN? It's the "right now" and "future" of retail. Unless a viable competitor pops up, Amazon remains 'the shit' for the foreseeable future. Even Walmart can't keep up and Walmart knows retail down to the T.

    There's simply nothing to slow down or stop Amazon. I do see the stock getting overvalued at some point in the next 10 years or so though, but there's a long way to that.


  18. #44
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    I don't believe in owning individual stocks except three companies that i sort of understand their competitive advantage.

    Google
    Amazon
    Alibaba

    for everything else => ETF.

    I am gradually converting everything i have into ETFS. but will hold on to those three for at least the next 5 years.
    “It is better to be roughly right than precisely wrong”


  19. #45
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    Quote Originally Posted by ChaharMahal View Post
    I don't believe in owning individual stocks except three companies that i sort of understand their competitive advantage.

    Google
    Amazon
    Alibaba

    for everything else => ETF.

    I am gradually converting everything i have into ETFS. but will hold on to those three for at least the next 5 years.
    I don't even hold those individually. Everything should really be in ETFs.

    The only individual stocks I hold are Canadian banks. There's nothing more crash-proof than a Canadian bank. It's better protected than the country itself! If you think I'm kidding, read about it. The entire Canadian nation will have to die first, and all the resources must be sold before Canadian banks go away


 

 

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