What r some Good inexpensive investments?

Discussion in 'Economy' started by Zook, Mar 27, 2009.

  1. Zook
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    Zook Constitutionalist

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    Well I have a little bit of money I have saved up what are some good inexpensive investments? Personal stories and examples would be appreciated

    One dude said in another thread:
    "I've been buying stock heavily since last November. Even betrayed my hatred and distrust of commodities and bought $39.50 oil ( now trading at $53.25). And I've been buying every foreclosed house the banks will let me"

    So oil stocks sound like a cheap investment. What do you'll think? Houses are a bit out of my price range but stocks seem reasonable.
     
    Last edited: Mar 27, 2009
  2. Indiana Oracle
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    Indiana Oracle The Truth is Hard to Find

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    Wait for a double bottom on the S&P, then buy BAC, AA, GE. If you want to take a flyer, consider GM once it is below $2. Hang onto all of them until they double.
     
  3. mascale
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    mascale VIP Member

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    Impax Labs, (ipxl), is a Hayward, CA, generic drug manufacturer, with many patents, in an Obama Adminstration. It had some kind of running accounting dispute with TEVA, got de-listed early last summer, then re-listed in January, and back on NASDAQ just this month.

    Soon it will get on analyst's radar again: And anyone notices that it does seem to have a knack for avoiding pain.
     
  4. Chris
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    Chris Gold Member

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    Buy what Buffett buys.

    He is the only one I trust.
     
  5. wimpy77
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    wimpy77 Member

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    buffet hasn't had a good track record as of late.
     
  6. wimpy77
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    wimpy77 Member

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    double bottom in the s&p pls explain. but overall i think they financials could pull back a bit. gm you could be right. it is expected for the governmemt to give them an extension and more money.
     
  7. Chris
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    Chris Gold Member

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    No one does.

    But I put my money on Buffett.
     
  8. Toro
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    Toro Diamond Member

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    My advice to you would be to not take advice over a message board.
     
  9. editec
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    editec Mr. Forgot-it-All

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    Life savers.

    They're a part of living, you know.
     
  10. Indiana Oracle
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    Indiana Oracle The Truth is Hard to Find

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    Have been an S&P futures trader for many years. Am not offering you official investment advice, but a personal email on my opinion. And the opinion I have given you is not your usual vacuous forum nonsense.

    A double bottom is when a previous major bottom (Mar 9 on the S&P in this case) is revisited. If that happens, not totally convinced it will or not at this point, the public will be seriously concerned. That is the exact moment to enter. Go to barcharts.com and you can see it on a weekly chart or daily view at not charge.

    This is the end of my input on this subject. Good luck.

     

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