AMEN on buying like when 2008 happened. I dumped in 15k when that happened and it easily became I think 45k. Just took years. I wish i had a lot more money when that happened. Fortunately I had worked my tail off in the consulting world that summer and had some nice paydays of something like 7k a piece for two clients.
Stocks were purchased for 10-12-14 dollars that now trade 60+ Even Ford was basically at $1-$4 range and is now three times that.... http://finance.yahoo.com/echarts?s=F+Interactive#symbol=F;range=my run sept 8 2009 through today. ----- Original Message ----- From: Bruce Robertson via Af To: [email protected] Sent: Saturday, September 20, 2014 2:46 PM Subject: Re: [AFMUG] today's a big day on the stock market..... I only agree with your investment advisor if you're within 2-5 years of retirement and you will be relying on those assets to live on. Otherwise, he/she is steering you wrong. IMO, of course. Your example of AAPL illustrates exactly why. You need to totally ignore short term stock market swings, and keep some cash on hand for buying when plunges like 2008 happen. BTW this takes nerves of steel. On 09/20/2014 12:24 PM, Ken Hohhof via Af wrote: FWIW, my investment advisor got me out of AAPL, and advises decreasing stocks at this point especially those that don’t pay dividends and moving a higher percentage into bonds. Of course risk tolerance varies with age (how many years you have left to recover from a big loss). But he evidently feels stocks have run up to the point where they are getting risky. Regarding AAPL, I had quite a paper loss at one time, finally recovered and made a nice profit, but it looked pretty grim for awhile. The myth was it would only go one way - up. Problem with Apple is they always have to hit it out of the park, merely having a good quarter is a disappointment. It must be like being a magician, but if you pulled a rabbit out of your hat last night, tonight you need to pull a lion out of the hat, and tomorrow a rhinoceros. Wait, I’m thinking of Rocky and Bullwinkle. http://www.youtube.com/watch?v=kRW7pITY5Cg I could swear there was one where he pulled Rocky out of the hat. From: Mike Hammett via Af Sent: Saturday, September 20, 2014 2:03 PM To: [email protected] Subject: Re: [AFMUG] today's a big day on the stock market..... NetFlix and FaceBook haven't even existed "long term". ----- Mike Hammett Intelligent Computing Solutions http://www.ics-il.com ---------------------------------------------------------------------------- From: "CBB - Jay Fuller via Af" <[email protected]> To: [email protected] Sent: Friday, September 19, 2014 2:13:08 PM Subject: Re: [AFMUG] today's a big day on the stock market..... --- [ "CBB - Jay Fuller" <[email protected]> wrote ]: ----------------------------------- Long term the stocks I'm interested in right now are Apple, Netflix, and Facebook. They all have performed well long term. I do not currently have any Netflix but it's also had a bit of a rocky road. Look at its one year chart. ----- Original Message ----- From: Travis Johnson via Af To: [email protected] Sent: Friday, September 19, 2014 1:46 PM Subject: Re: [AFMUG] today's a big day on the stock market..... --- [ Travis Johnson <[email protected]> wrote ]: ----------------------------------- -------------------------------------------------------------------------- The stock market is not a good "long term" investment, in my opinion.... unless you go into a fund like T. Rowe Price Blue Chip (which has returned me 30% so far this year). A single stock is just too risky. The play is the one day in and out game... like this Alibaba stock... Travis On 9/19/2014 11:39 AM, Bill Prince via Af wrote: --- [ Bill Prince mailto:[email protected] wrote ]: ----------------------------------- Wait until the euphoria wears off. I'll bet it hits $60 before the end of the year. bpOn 9/19/2014 9:32 AM, CBB - Jay Fuller via Af wrote: whewwww....it really tanked there. below $91.... ----- Original Message ----- From: CBB - Jay Fuller via Af To: [email protected] Sent: Friday, September 19, 2014 10:33 AM Subject: Re: [AFMUG] today's a big day on the stock market..... interesting...i'm listening. lol. ----- Original Message ----- From: Travis Johnson via Af To: [email protected] Sent: Friday, September 19, 2014 10:16 AM Subject: Re: [AFMUG] today's a big day on the stock market..... I disagree... I think today will be an amazing ride... people will make a TON of money if their timing is right. Travis On 9/19/2014 9:05 AM, Bill Prince via Af wrote: I would not touch that offering with a 10 foot pole. I see nothing but sorrow. Too much hype. Too much unknown. bpOn 9/19/2014 6:41 AM, CBB - Jay Fuller via Af wrote: Anyone trying to get in on Alibaba's IPO? Thoughts? Comments? Complaints? !DSPAM:2,541dd4b99816642914840!
