I'm a bit disappointed by the market's reaction; I thought it'd rise more than 1-2%. Guess it really was priced in already.
On the other hand, I'm really happy with my 3.2% yield on cost on top of that rising share price.
It all depends on the earnings...
Well, Im never going to try to time the market ever again. I was so sure that the market would rebound in december and then tank hardcore this year. Boy, was I wrong.
Bah, just going to go the safe and easy route of buying at set time intervals from now on
The market is still flowing with hopium, so the tanking hasn't started yet. AAPL is at the forefront of this frenzy.
Since I'm likely delaying a condo or house purchase to some unknown future date (I'll wait till I'm likely to have kids, I'm currently single), I'll move into a cooperative since it's cheaper and higher quality than what I can rent for the same price.
Until I buy, what should I invest in if I want as high of a return as possible, with minimal risk? I'm still putting money in my 401k, but I already reached the limit I could use from it without getting taxed for a condo or house purchase. So where should I put the rest of the money?
If you want really good safety without having the money stagnate in a safety account, I would play either JNK / HYG. Both over 7% annual yield paid monthly. It's a nice addition to a paycheck and lets you sleep well at night.
If you want really good safety without having the money stagnate in a safety account, I would play either JNK / HYG. Both over 7% annual yield paid monthly. It's a nice addition to a paycheck and lets you sleep well at night.
If you want really good safety without having the money stagnate in a safety account, I would play either JNK / HYG. Both over 7% annual yield paid monthly. It's a nice addition to a paycheck and lets you sleep well at night.
That looks good, thanks.
My portfolio is down almost 16%. Only ADSK (+26%) and gold (+6%) are up.
ERTS is sort of interesting at the current price, but I'm hesitant due to the state of the economy and also uncertain about the near future of games, a lot is blurry right now.
How are you down so much still in this market?
Hey stock-GAF, noob here. My gf is interested in buying some stocks just for fun really. She wants to buy JP Morgan Chase and Yelp. I convinced her not to get Yelp based on several articles I've read, and to instead try Zynga.
What say you guys?
I'd stick to shorter maturaties if you want to hold single bonds. If you expect the Fed to raise rates any time soon you might be better off out of bonds or with a more diversified fund though. I think most people expect bonds to take a beating at some point soon.
Are you in looking into bonds for capital appareciation/preservation or simply for the coupon?
Thanks for answering my question mate, I'm deciding between a 5 years bond and a 10 years one. My intent is to hold on to it for at least a year and then sell it off, but from what I'm hearing interest rates might rise in the next 12 months so not sure which one to get.
Yeah...I wish I had enough to buy any significant amount of that. :/
IDK, I would probably avoid that like the plague. All analysts are indicating to sell or strong sell. No one is even mentioning a hold even.
Retail is back? Look out below!
What.
Eh...any stock that's run up 75% in 3 months isn't something I want to get into. Especially when it's as poorly run as BAC. Obviously there's no way to know for sure, but I'm nearly certain you'll be able to pick it up for substantially less sometime later in the year.
Woot, my gamble so far is paying off. Stevia First Corp., my OTC stock exploded today.
Bought in twice at 1.28 and 1.57 and its going to break $2 soon. Damn thinking of buying more but might wait for a pullback since I am long on this.
Man... i was this close to jumping in today. Checked the ticker after the gym and just shook my head :/
I await a pullback!
Looks like BAC dropped today, you guys think this is a sign? Or maybe a good time to buy a little?
The adage is that once small (retail) investors become interested in buying into the market it's time to sell. Basically saying once your parents think something is cool it's probably overplayed.
As to your original question, JPM is likely a good long term investment. Decent dividend, top-tier management and increasingly good underlying business factors.
I'm less convinced about Zynga. Whether it goes up or down it'll be volatile and, like any recent tech IPO, it could easily get crushed with just one bad quarter. So long as she has the fortitude to not sell into a surprise 20% sell off it might make her something. I think there are many better options, though.
Ah, I get it, thanks. Makes sense lol
Good to know about JPM, though that other bank you guys were talking about sounds good too, HBAN.
She does realize that the one thing she cant do is sell when things go down. She's not investing a lot at all. Only 600 total between all companies, it's mostly just for fun. If not Zynga, then who are your better options?
aw yeah
Does anyone holding/buying any media companies that offer video streaming services e.g. Netflix or Comcast? As more and more buy into this services, growth in this business should be good, no? My concern is the razor thin profit margin of the nature of the business, which may not translate into substantial gain in share prices.
What's the story behind the gain??
I guess it really depends what she wants out of this. If it's $600 just to play with, then maybe taking a flyer on some high-risk bet might be what she wants. I don't really follow that side of things, though.
If it's $600 she wants to use to begin a long-term investment that she'll add to over time, say for retirement or investing to buy a house later, then there are plenty of options. With that amount of money most people are going to suggest she buy an ETF, which is a fund of a larger number of stocks. Your entire investment in one or two companies is more risky than having it spread over 30-500 of them. I personally began my investing with a small amount of money and just two stocks and grew it from there, so I'm not necessarily in that camp.
Personally I think that the entire market is a little overblown at the moment. Whether or not it really pulls back in the next 3-5 months is anyone's guess, but I wouldn't be at all surprised. We've had a great run since October, even since the beginning of this year. Nevertheless there might be a couple stocks left at decent prices.
JCI - Levered to three important and growing industries (car sales, energy-efficient building retrofits, old and new car batteries). A good mixture between growth (company expects to grow revenue and profits 10-15% a year at least) and safety, with a decent dividend that they usually towards the end of the year. The stock took a hit several months ago when they revised their yearly forecasts down a bit due to the European situation, but they're still forecasting great growth. The stock is cheap in a world with increasing car sales. Could get punished if another recession comes on though.
PM - Has been a high flyer recently but I expect it to hold up or continue advancing. Great growth in virtually all important overseas markets, no exposure at all to the American tobacco market, good dividend that's increased religiously. One of my largest holdings and something that I'll probably keep reinvesting in forever as an eventual cash cow.
Mostly she'll have to decide what kind of investor she wants to be. There are plenty of options for everyone, so long as they know what they're getting into and have a strategy to get in and out.
And goddamn at that Stevia. I am going to jump in on this myself. zzyzzzzzz will it go down or should I jump in before it goes even higher?
My undergrad degree was in dietetics and I'm working on my PhD in food science now, if this means anything, but around the nutrition/dietetics circle here, stevia is generally seen as a fad. Personally, I see little chance for this to take off long-term, but that doesn't mean it's a bad investment right now/over the next couple years. Congrats on the success Zyzyxxz.