My Investments

[the_savage]

I go etrade and have a regular account and a traditional IRA.

I own CMG, the Mexican Restaurant, it's doing great

I own Amazon which is also doing well

I own Home Depot which is doing great

I own NetSuit (n) which goes up and down but was up today

And a South American copper company which has not done well lately with the fall in Commodoties.

I'm trying to identify ten to fifteen good stocks to have and be in ten at a time with five out there I'll switch into as the market changes. I won't keep the netsuit for long. As soon as I can cash it in, I'm going to jump into an energy stock like NOV or XOM.

I do not trust mutual funds, ETFs or 401ks at all. I can do the work myself and if there is a market crash I can pull my money out and put it back in when I feel say.

I'm also interested in AAPL, ARMH, QCOM, POT, CAT, WM, DD and AEA

 

[Sallow]

Wow..15 stocks?

That's a lot.

Conventional wisdom is to keep no more then 5 or maybe 6 stocks in your portfolio.

It makes keeping up with the news much easier.

 

[whitehall]

You may not realize it but every single pension plan whether municipal or private is totally invested in the stock market. Why would the president refer to the US Chamber of Commerce as a sinsiter tool of the republican party? The answer is simple, radical left wingers view capitalism and corporations as the enemy. It's easy to understand why a socialist like Obama, riding on a revolutionary wave, would condemn capitalism. His pension and benefits are guaranteed by taxpayers and if the socialist revolution succeeds he might become "comissar" or dictator. The question remains that in a free Country why would democrats support a revolution? Anger and ignorance?

 

[Dont Taz Me Bro]

Wow..15 stocks?

That's a lot.

Conventional wisdom is to keep no more then 5 or maybe 6 stocks in your portfolio.

It makes keeping up with the news much easier.

True, but the more diverse a portfolio you have, the less your risk.

 

[Dont Taz Me Bro]

I go etrade and have a regular account and a traditional IRA.

I own CMG, the Mexican Restaurant, it's doing great

I own Amazon which is also doing well

I own Home Depot which is doing great

I own NetSuit (n) which goes up and down but was up today

And a South American copper company which has not done well lately with the fall in Commodoties.

I'm trying to identify ten to fifteen good stocks to have and be in ten at a time with five out there I'll switch into as the market changes. I won't keep the netsuit for long. As soon as I can cash it in, I'm going to jump into an energy stock like NOV or XOM.

I do not trust mutual funds, ETFs or 401ks at all. I can do the work myself and if there is a market crash I can pull my money out and put it back in when I feel say.

I'm also interested in AAPL, ARMH, QCOM, POT, CAT, WM, DD and AEA

401ks have an advantage if your employer matches your contributions. My employer matches my contributions up to 4% of my salary, so for me it's a worthwhile investment.

Regarding AAPL, I had purchased it at $190 and sold it at $290. Not too shabby. Wanted to buy it a few years back when it was at $68, but didn't have the money at the time.

 

[Sallow]

Wow..15 stocks?

That's a lot.

Conventional wisdom is to keep no more then 5 or maybe 6 stocks in your portfolio.

It makes keeping up with the news much easier.

True, but the more diverse a portfolio you have, the less your risk.

That's fine..and I agree.

My portfolio..before I sold it to renovate my Co-op consisted of Ford, United States Steel, General Electric, NYX and Citigroup.

Small but did very well.

 

[TruthSeeker56]

I go etrade and have a regular account and a traditional IRA.

I own CMG, the Mexican Restaurant, it's doing great

I own Amazon which is also doing well

I own Home Depot which is doing great

I own NetSuit (n) which goes up and down but was up today

And a South American copper company which has not done well lately with the fall in Commodoties.

I'm trying to identify ten to fifteen good stocks to have and be in ten at a time with five out there I'll switch into as the market changes. I won't keep the netsuit for long. As soon as I can cash it in, I'm going to jump into an energy stock like NOV or XOM.

I do not trust mutual funds, ETFs or 401ks at all. I can do the work myself and if there is a market crash I can pull my money out and put it back in when I feel say.

I'm also interested in AAPL, ARMH, QCOM, POT, CAT, WM, DD and AEA

401ks have an advantage if your employer matches your contributions. My employer matches my contributions up to 4% of my salary, so for me it's a worthwhile investment.

Regarding AAPL, I had purchased it at $190 and sold it at $290. Not too shabby. Wanted to buy it a few years back when it was at $68, but didn't have the money at the time.

I used to be a daytrader, made my money, and I haven't been involved in the U.S. stock market at all for about six years now.

I am ALL IN with silver and gold. So, of course, I could spend PLENTY of time extolling the virtues of investing in PHYSICAL silver and gold (as opposed to "paper" silver and gold).

401Ks are extremely dangerous in today's volatile world of "paper" wealth. Any kind of investing in BONDS are even more dangerous.

If people insist on investing in the U.S. stock market, "the_savage" is doing it the right way. Don't trust some financial advisor or a mutual fund manager to take care of your future. Trust YOURSELF. Do your own homework. Research, research, research! Read a lot of boring reports. Look at a lot of boring charts. Talk to a lot of boring people on the investing forums.

People who have 401Ks through their employers are playing with fire. Sure, it's enticing to have your employer match your 401K contributions with up to 10% (or whatever the match % may be) of company stock, but everybody needs to look at the "big picture". I'm sure the employees of Border's and Circuit City believed that their companies would be around forever, but they lost EVERYTHING. Their 401Ks are gone. Their futures are in doubt. They all have to start all over again.

Keep it simple. Buy silver. Buy gold. It's the ONLY safe investment that's left.
I don't believe in "paper" investing. I believe in "hold it in my hand" investing. If I can't touch it, I don't own it.

 

[California Girl]

Let me know when you're making an 88% return on your investment.

 

[Dont Taz Me Bro]

401ks have an advantage if your employer matches your contributions. My employer matches my contributions up to 4% of my salary, so for me it's a worthwhile investment.

Regarding AAPL, I had purchased it at $190 and sold it at $290. Not too shabby. Wanted to buy it a few years back when it was at $68, but didn't have the money at the time.

I used to be a daytrader, made my money, and I haven't been involved in the U.S. stock market at all for about six years now.

I am ALL IN with silver and gold. So, of course, I could spend PLENTY of time extolling the virtues of investing in PHYSICAL silver and gold (as opposed to "paper" silver and gold).

401Ks are extremely dangerous in today's volatile world of "paper" wealth. Any kind of investing in BONDS are even more dangerous.

If people insist on investing in the U.S. stock market, "the_savage" is doing it the right way. Don't trust some financial advisor or a mutual fund manager to take care of your future. Trust YOURSELF. Do your own homework. Research, research, research! Read a lot of boring reports. Look at a lot of boring charts. Talk to a lot of boring people on the investing forums.

People who have 401Ks through their employers are playing with fire. Sure, it's enticing to have your employer match your 401K contributions with up to 10% (or whatever the match % may be) of company stock, but everybody needs to look at the "big picture". I'm sure the employees of Border's and Circuit City believed that their companies would be around forever, but they lost EVERYTHING. Their 401Ks are gone. Their futures are in doubt. They all have to start all over again.

Keep it simple. Buy silver. Buy gold. It's the ONLY safe investment that's left.
I don't believe in "paper" investing. I believe in "hold it in my hand" investing. If I can't touch it, I don't own it.

I actually just bought some silver bars Friday morning, which I'm glad I did considering what happened Friday night. My father purchased a bunch of silver back when it was $16 an ounce and I wanted to do it too, but I didn't have the disposable cash at the time.

I'm still sticking with a 401k for now, I'm only 29, so I won't be retiring for about 40 years so the market volatility today isn't going to really hurt me much in the long run. The employer contribution match is free money so I don't really want to pass that up. I might lower my contribution, though from 6% to 4%, depending on what happens tomorrow, because 4% is the max my company matches.

 

[TruthSeeker56]

Let me know when you're making an 88% return on your investment.

Geez, I passed that 88% return a while ago. I started buying silver when it was $11.00 an ounce and I started buying gold when it was about $980 an ounce. I am 100% invested in silver now. You do the math.

 

[editec]

My diversified potfolio includes a wide selection of canned goods in the pantry.

I'm also going long on oil by filling up my tank.

Naturally I have a cash position of loose change ythat I keep in a jar by my desk.

 

[Douger]

Everyone has to eat. I hold my ground with agriculture and ETF's that include the commodities required to bring you the utensils and electricity-gas that enable you to cook that food.

The only other wise investment I can see, for the future, is heavy investment in a body bag company since we all know The Slaughter Machine is travelling full throttle onward.

 

[editec]

I'm thinking of going long on pork bellies.

I may buy two pounds of bacon this week and put on in the freezer.

This the sort of advance financial planning that makes America such a swell place to live for so many of us.

 

[Texanmike]

I have been hedging ERX and ERY against eachother successfully for over a year now. I hate IRA/401k (unless matched by your employer) but that's a different discussion. ERX and ERY are 3x ETFs ERX being the bull/ ERY being the bear. I also trade SOXL/SOXS which have the same relationship but are tied to silicon stocks. If you are disciplined with your strategy it is a relatively low risk/high reward venture but you can't get trigger happy and you have to follow a strict system. They move a lot, which is what I count on. VOLITILITY FTW!

Mike

 

[Paulie]

You may not realize it but every single pension plan whether municipal or private is totally invested in the stock market. Why would the president refer to the US Chamber of Commerce as a sinsiter tool of the republican party? The answer is simple, radical left wingers view capitalism and corporations as the enemy. It's easy to understand why a socialist like Obama, riding on a revolutionary wave, would condemn capitalism. His pension and benefits are guaranteed by taxpayers and if the socialist revolution succeeds he might become "comissar" or dictator. The question remains that in a free Country why would democrats support a revolution? Anger and ignorance?

What in the blue FUCK does any of this babble have to do with this guy's OP?

 

[waltky]

Granny checkin' the status of her Blackwater an' Halliburton stocks...

Stocks End Worst Quarter Since Crisis
9/30/11 -- Stock accelerated losses into Friday's closing bell to finish at session lows as investors took risk off the table before the weekend amid continued fears for a global slowdown.

All three major U.S. indices lost more than 10% during the third quarter, making it their worst since the financial crisis kicked into gear in late 2008 following the implosion of Lehman Bros. The Dow Jones Industrial Average closed just four points above its intraday low, down by 240.6 points, or 2.2%, at 10,913. The S&P 500 lost 29 points, or 2.5%, to settle at 1131, while the Nasdaq dropped 65 points, or 2.6%, to finish at 2415. Trading got off to a choppy start as investors waded through the latest influx of global economic data. The Chicago Purchasing Managers Index for August rose to 60.4 in September from 56.5 in August. The report was a welcome surprise given that August saw the lowest level since November 2009. The consensus view was for a third straight sequential decline to 54.

Also setting the tone this morning was a slightly better read on consumer sentiment. The University of Michigan reported that consumer sentiment rose to 59.4 in September, following an August reading of 57.8 that was comparable to levels seen during 2008 financial crisis. The past two sessions have seen the Dow open solidly higher, only to lose steam by the close, suggesting that buying conviction has been weak. Recent technical analysis suggests that stocks might slip into a bear market, leading investors to try to hedge amid hope that a possible solution to stem Europe's debt crisis provides upward momentum in the market.

A raft of negative data from abroad weighed on investors. A reading on manufacturing in China declined for a third month in September, according to a report from HSBC Holdings and Markit Economics. Retail sales in Germany, Europe's largest economy, came in below expectations, dropping 2.9% in July. The reading marked the biggest drop in more than four years and underscored a possible slowdown in the global economy. Eurozone inflation jumped 3% in September, exceeding the European Central Bank's target of below 2%, as well as economists' expectations for 2.5%. The latest reading on inflation cooled speculation that the ECB may take monetary easing measures in addition to lowering interest rates.

Before the open, personal income slipped 0.1% and spending increased 0.2% in August, according to the Commerce Department. Economists were looking for slight gains to income and spending of 0.1% and 0.2%. In July, spending rose a revised 0.7%, while income decreased a revised 0.2%. In Europe, stocks were headed to close out the worst quarter since 2008. London's FTSE dropped 1.3% and Germany's DAX lost 3%. Japan's Nikkei Average closed off 0.01% and Hong Kong's Hang Seng plummeted 2.32%.

MORE

 

[editec]

I do not trust mutual funds, ETFs or 401ks at all.

I don't blame you for that.

There are more mutual funds to choose from than there are stocks listeed in the NYSE.

Well if you're going to bet on something, it's easier to evaluate the individula stock than it is the mutual fund that has a mixed bag of stocks, isn't it?

I don't play the market but if I did?

I'd be selecting my own stocks, instead of mutual funds.