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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
Ether_Snake
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It will probably depend on what happens overseas until tomorrow. I think the upward trend will continue for now, this is becoming a time of action on the part of the governments. It's what happens after that will determine if we really go up from here or not. And if we do go up, it will be at a slow pace most likely.
BTW American Express had good earnings.
BTW American Express had good earnings.
anybody buying into financials?
My mother wants me to buy about 20K in financials for her portfolio (AIG, FRE, FNM, BAC, DSL, ect)
They have all seemed to hit rock bottom especially FRE and FNM since they are both hanging around a dollar.
I've been looking over BAC and it seems really lucrative for the longterm
My mother wants me to buy about 20K in financials for her portfolio (AIG, FRE, FNM, BAC, DSL, ect)
They have all seemed to hit rock bottom especially FRE and FNM since they are both hanging around a dollar.
I've been looking over BAC and it seems really lucrative for the longterm
Why does she want to buy financials that have been nationalized? She already owns them as a taxpayer.
Definitely don't buy AIG, Fannie, or Freddie unless you are making a day trade instead of a long term investment.
Edit. I'd look at GS, C, JPM, BAC, and some life insurers like HIG or MET.
Definitely don't buy AIG, Fannie, or Freddie unless you are making a day trade instead of a long term investment.
Edit. I'd look at GS, C, JPM, BAC, and some life insurers like HIG or MET.
Ether_Snake
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Anyone investing in financials right now is a short-term trader. That's poor use of money coming from a mom! She should be looking into investing that money for long term in more solid companies outside the financial sector, and add on future drops if necessary, and think long term.
People invest in the stock markets like it's a casino. Only research and information can help you make a good pic, not looking at a chart and thinking "wow, it used to be so high, now it's so low, that means it will raise again later, buy now!".
People invest in the stock markets like it's a casino. Only research and information can help you make a good pic, not looking at a chart and thinking "wow, it used to be so high, now it's so low, that means it will raise again later, buy now!".
I disagree. As long as you do appropriate research, nothing is a straight up gamble. Every investment is a risk reward proposition. I have made investments that I think have a greater than 50% chance of losing me 50% but the upside is huge. ABK is one of these. Then again, I have also made investments that I think have a downside of 5% and a upside of 10%.
Your right about looking at historical stock prices only, you might as well put your money on black at the roulette table.
Your right about looking at historical stock prices only, you might as well put your money on black at the roulette table.
Ether_Snake
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Nikkei doing well tonight.
Oil probably going to reach 80 by the Wednesday or Thursday.
Oil probably going to reach 80 by the Wednesday or Thursday.
Ether_Snake
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Everything down in my portfolio except STP. Earnings for STP are on Nov 20.
I doubt oil would go down at 50 without being followed by some big time production cuts from OPEC. How significantly can they cut down on production without affecting the economy seriously negatively?
sonarrat: good luck! and you stole that guy's avatar? :lol
I doubt oil would go down at 50 without being followed by some big time production cuts from OPEC. How significantly can they cut down on production without affecting the economy seriously negatively?
sonarrat: good luck! and you stole that guy's avatar? :lol
Ether_Snake
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Wow oil down at 68, oh well I guess we're going down before going up
BHI earnings tomorrow, will probably be down after the release, so it's alright that I am waiting before adding to it.
BHI earnings tomorrow, will probably be down after the release, so it's alright that I am waiting before adding to it.
Ether_Snake
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I'm down 27% total. :|
Ether_Snake
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Well I did make money this year, made 60% on TTWO (1500) and 74% on ABX (1000). Lost some money on IMMR and NVDA, but I forget how much, something like 2500.
Oh and that reminds me I have to figure how to access my 401k online, it's at a different bank and I want to specifically chose what to put the contributions into. Right now it's a mess and I don't even remember what my money is going in. I have barely contributed to it so far tho, so now is a good time to review this.
My goal is to make enough money to buy a house and pay it as quickly as imaginably possible.
I need my big raise in April:| At least I'm working on a great project now which offers me major job stability until its release
Oh and that reminds me I have to figure how to access my 401k online, it's at a different bank and I want to specifically chose what to put the contributions into. Right now it's a mess and I don't even remember what my money is going in. I have barely contributed to it so far tho, so now is a good time to review this.
My goal is to make enough money to buy a house and pay it as quickly as imaginably possible.
I need my big raise in April:| At least I'm working on a great project now which offers me major job stability until its release
Ether_Snake
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Interesting article on option-ARMs http://www.fool.com/investing/gener...aiting-to-strike.aspx?source=ihpdspmra0000001
The Next Housing Catastrophe Waiting to Strike
I don't understand all of it but on the surface it makes sense.
One person replied:
EDIT: Hmm, STP up 2% on no news, other than having announced earnings on nov 20.
The Next Housing Catastrophe Waiting to Strike
I don't understand all of it but on the surface it makes sense.
One person replied:
EDIT: Hmm, STP up 2% on no news, other than having announced earnings on nov 20.
Ether_Snake
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dionysus said:
But that's if there's a market for said house no?
dionysus said:
Real estate only goes up! California is the promised land! Homes for everybody!
I'm starting to see houses on the San Francisco peninsula around $200,000, and in certain neighborhoods of SF, even lower. That would have been unthinkable a year ago. Even the shoddiest crapshacks were four hundred large.
RumblingRosco
Member
sonarrat said:
I've been wondering how long the housing market will stay a buyer's market. I'm likely to be buying my own house in about 3 years, and hoping it all stays low until then. Three years is of course a long while away, so who knows, but here's to hoping.
sonarrat said:
I'm much more interested to see what mortgages look like in 3 years. I think that will have as large an influence on the long term housing market as anything else. I don't doubt the government is going to make purchasing a home quite the cumbersome process in the coming years.
eznark said:
Well, I know that the higher-rate FHA loans are going to require 3.5% after Jan 1st (they require 3% now), and lower-rate Fannie/Freddie loans will require about 5% but with PMI until you hit 10% equity, which is a big problem as mortgage insurance is almost impossible to come by.
RumblingRosco
Member
sonarrat said:
That's some good news. I need to find a place online to look at housing prices historically. I know locally that the average price of a home in Honolulu dropped from around $650,000 to $550,000 in just the last 12 months. I imagine housing prices on a small island will be much different from the mainland, though, since space is limited out here like no other.
Ether_Snake
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Nice rally from BHI right now, +3%. I hope I can add to it later before it rises too much.
You live in Hawaii? (EDIT: oh ok re-read your post...)Soka said:
Wow. I envy you. I have a dream to take a one way flight there with no bags and see how I do. Surprised at those housing figures! Those are nearly NY numbers.
...
Nothing to talk about here regarding stocks. I need to recoup losses before I can invest in anything new, and it's looking like I won't see anything meaningful this year... too far in red.
Man I'd be better off buying some tax lien homes at this rate.RumblingRosco
Member
lil smoke said:You live in Hawaii? (EDIT: oh ok re-read your post...)
Wow. I envy you. I have a dream to take a one way flight there with no bags and see how I do. Surprised at those housing figures! Those are nearly NY numbers.
...
Nothing to talk about here regarding stocks. I need to recoup losses before I can invest in anything new, and it's looking like I won't see anything meaningful this year... too far in red.
I'm actually out here for this semester of school as an exchange student from Illinois. Pretty sweet deal, well worth it. Makes me want to live out here permanently though, but it's expensive as all hell. Still, fun to look at the housing market and such, and since I'm majoring in nutrition, my job would be one that wouldn't be totally fucked when tourism takes a hit during recessions.
Mixed day for me right now, with a bit more down than up. MMM had some decent earnings though, which is what really saved the day. I think I am going to really enjoy this purchase in the long term.
Ether_Snake
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I don't think Yahoo's earnings will be good, but whether the shares go up or down who knows.
Ether_Snake
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Ya I don't know, I think Apple wouldn't be in a good position right now either. But yeah what it means for the shares is up in the air, it's all about at least meeting or surpassing analysts estimates.
EDIT: Only BHI and STP closed in the green for me today. And I just noticed ATVI and ERTS both erased most of yesterday's respective gains.
EDIT: Only BHI and STP closed in the green for me today. And I just noticed ATVI and ERTS both erased most of yesterday's respective gains.
Ether_Snake
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AAPL and YHOO up, especially YHOO.
I'm surprised by the iPhone sales. I wonder if sales will tank in the next quarter. If not, what crisis?
I'm surprised by the iPhone sales. I wonder if sales will tank in the next quarter. If not, what crisis?
Ether_Snake said:AAPL and YHOO up, especially YHOO.
I'm surprised by the iPhone sales. I wonder if sales will tank in the next quarter. If not, what crisis?
I'm a little surprised that AAPL is up after the earnings report. Their most recent quarterly numbers were great, but their guidance was shitty as all hell.