2pointslow Posted November 18, 2008 Report Share Posted November 18, 2008 Have been thinking about taking around 3-5k out of my savings and putting it into some stocks. What are your thoughts on this? Quote Link to comment Share on other sites More sharing options...
Farkas Posted November 18, 2008 Report Share Posted November 18, 2008 Not yet. Quote Link to comment Share on other sites More sharing options...
Sam1647545489 Posted November 18, 2008 Report Share Posted November 18, 2008 Buy gm or ford stocks. I hear they are doin well. Quote Link to comment Share on other sites More sharing options...
Casper Posted November 18, 2008 Report Share Posted November 18, 2008 Buy gm or ford stocks. I hear they are doin well. ford. buy ford. they'll either be bought or merge with another company. buy ford. i'd stay as far away as possible from gm. i'd be willing to bet bankruptcy is in their near future. they're too far in debt. these of course are just my opinions, so don't get pissed if you lose money. but i bought ford. Quote Link to comment Share on other sites More sharing options...
Sam1647545489 Posted November 18, 2008 Report Share Posted November 18, 2008 I bought 10000 shares of GM. I should be rolling in money shortly... Quote Link to comment Share on other sites More sharing options...
Guest 614Streets Posted November 18, 2008 Report Share Posted November 18, 2008 I bought shares recently Quote Link to comment Share on other sites More sharing options...
copperhead Posted November 18, 2008 Report Share Posted November 18, 2008 I bought 10000 shares of GM. I should be rolling in money shortly... probably cost you less than an average night at the bar/club/titty bar Quote Link to comment Share on other sites More sharing options...
igotaprestent4u1647545491 Posted November 18, 2008 Report Share Posted November 18, 2008 I bought 10000 shares of GM. I should be rolling in money shortly... define shortly. have you seen their income statements lately? Quote Link to comment Share on other sites More sharing options...
HAOLE Posted November 18, 2008 Report Share Posted November 18, 2008 Dont try to time the market. Quote Link to comment Share on other sites More sharing options...
kenny Posted November 18, 2008 Report Share Posted November 18, 2008 invest in cocaine Quote Link to comment Share on other sites More sharing options...
zeitgeist57 Posted November 18, 2008 Report Share Posted November 18, 2008 BPT. $3 quarterly dividend FTW. Quote Link to comment Share on other sites More sharing options...
Kevin R. Posted November 18, 2008 Report Share Posted November 18, 2008 Not yet. +1 Unless you do a helluva lot of research into the company and see that it will be a strong one with some sort of catalyst to propel it against others in its industry, I wouldn't. OR, go pay someone to do this for you. Quote Link to comment Share on other sites More sharing options...
Conesmasher Posted November 18, 2008 Report Share Posted November 18, 2008 invest in cocaine Wise investment, crack has a better ROI though Quote Link to comment Share on other sites More sharing options...
El Karacho1647545492 Posted November 18, 2008 Report Share Posted November 18, 2008 yeah, invest away. if you MUST do something with your money, turn it into Euros and invest it outside the U.S. Quote Link to comment Share on other sites More sharing options...
Clifford Automotive Posted November 18, 2008 Report Share Posted November 18, 2008 Buy me... Quote Link to comment Share on other sites More sharing options...
Kevin R. Posted November 18, 2008 Report Share Posted November 18, 2008 yeah, invest away. if you MUST do something with your money, turn it into Euros and invest it outside the U.S. I don't see what good that would do to invest in a foreign market. It is a global problem; not just U.S. You never know where the euro will go. Plus, I would put my faith into the U.S. fixing things before any other country. We lead, they follow. Just look at the stimulus packages. Quote Link to comment Share on other sites More sharing options...
Kevin R. Posted November 18, 2008 Report Share Posted November 18, 2008 Buy me... Truth. http://i8.photobucket.com/albums/a6/qwik5o/iroc.jpg Quote Link to comment Share on other sites More sharing options...
KillJoy Posted November 19, 2008 Report Share Posted November 19, 2008 Seek the advice of a Financial Investor. NOT CR. :thumbup: KillJoy Quote Link to comment Share on other sites More sharing options...
Kevin R. Posted November 19, 2008 Report Share Posted November 19, 2008 Seek the advice of a Financial Investor. NOT CR. :thumbup: KillJoy We're all financial investors, among other many trades. Quote Link to comment Share on other sites More sharing options...
hot_wire Posted November 19, 2008 Report Share Posted November 19, 2008 My financial adviser told me to buy shares of OAKBX (at $33 a share) early in the summer and not worry about diversifying. That stock plummeted to $23 last I checked, and my money has been sitting in a money market account making 3.5%. Advisers don't know everything. Invest where you feel confident, and for me, that was in a high yield, highly liquid account. Quote Link to comment Share on other sites More sharing options...
LJ Posted November 19, 2008 Report Share Posted November 19, 2008 BPT. $3 quarterly dividend FTW. I wouldn't count on that much longer Quote Link to comment Share on other sites More sharing options...
2pointslow Posted November 19, 2008 Author Report Share Posted November 19, 2008 My financial adviser told me to buy shares of OAKBX (at $33 a share) early in the summer and not worry about diversifying. That stock plummeted to $23 last I checked, and my money has been sitting in a money market account making 3.5%. Advisers don't know everything. Invest where you feel confident, and for me, that was in a high yield, highly liquid account. Thats where it currently sits and has sat for some time. Idk i might invest in some oil wells. I know some people who own a oil investment company so we will see. Quote Link to comment Share on other sites More sharing options...
Kevin R. Posted November 19, 2008 Report Share Posted November 19, 2008 My financial adviser told me to buy shares of OAKBX (at $33 a share) early in the summer and not worry about diversifying. That stock plummeted to $23 last I checked, and my money has been sitting in a money market account making 3.5%. Advisers don't know everything. Invest where you feel confident, and for me, that was in a high yield, highly liquid account. Honestly your advisor sounds like a dumbass. "Don't worry about diversifying" would have been the first clue for me. Quote Link to comment Share on other sites More sharing options...
Wonderboy Posted November 19, 2008 Report Share Posted November 19, 2008 Coffee cans full of money burried in the yard is much safer than the stock market. Sure you dont make any profit off of it but, hey atleast you'll always have it. Or maybe Im just dumb. Quote Link to comment Share on other sites More sharing options...
KillJoy Posted November 19, 2008 Report Share Posted November 19, 2008 Safe > Losing KillJoy Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.