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Stock Gurus-Buying or Selling?

Posted: Fri Jan 18, 2013 4:58 pm
by DikTracy6000
I currently have a limit order in for Ford. A few years ago, Ford was a homerun for me, bought at 3.00 and sold half in mid teens and rest at 12.00. Should have sold at 19 back then. Now it's looking good to me again. Sold some dogs in the process. Maybe I should be buying ammo and canned foods instead.
Any good ideas on IGX? And before I'm chastised about getting my advice here, I trust you guys/gals probably more than Cramer and internet fly by night stock advisors. One of the dogs I sold was an old Cramer dividend idea. When the Shafpocalypse finally comes down, probably be worthless anyway.

Re: Stock Gurus-Buying or Selling?

Posted: Fri Jan 18, 2013 7:02 pm
by Shafpocalypse Now
Most people do just fine with their own pic providing they do the research and don't rely too heavily on one persons prediction

Re: Stock Gurus-Buying or Selling?

Posted: Fri Jan 18, 2013 7:05 pm
by Pinky
Most people do even better when they don't try to pick stocks.

Re: Stock Gurus-Buying or Selling?

Posted: Fri Jan 18, 2013 7:23 pm
by DikTracy6000
Pinky wrote:Most people do even better when they don't try to pick stocks.
Spoken like a seller of mutual funds. Nothing wrong with owning an low-expense index though.

Re: Stock Gurus-Buying or Selling?

Posted: Fri Jan 18, 2013 7:26 pm
by TerryB
Whatever you decide to buy, be sure you sell every 10 years, just before all the money is looted again by the financial industry.

Re: Stock Gurus-Buying or Selling?

Posted: Fri Jan 18, 2013 7:51 pm
by Turdacious
Plastics.

Re: Stock Gurus-Buying or Selling?

Posted: Fri Jan 18, 2013 9:36 pm
by Pinky
DikTracy6000 wrote:Nothing wrong with owning an low-expense index though.
My investment strategy consists of two simple steps:
1. Buy low-expense index funds.
2. Spend my time thinking about things that are more fun or more pressing than investing in the stock market.

Re: Stock Gurus-Buying or Selling?

Posted: Sat Jan 19, 2013 1:37 am
by DikTracy6000
Pinky wrote:
DikTracy6000 wrote:Nothing wrong with owning an low-expense index though.
My investment strategy consists of two simple steps:
1. Buy low-expense index funds.
2. Spend my time thinking about things that are more fun or more pressing than investing in the stock market.
I just enjoy earmarking a small part of funds to buy a few that grab my attention. You must be pleased with the S&P 500 index if you own it, It's still 13 points below year 2000 levels. Why I like to keep an eye on things. If you factor in even a low bare bones expense ratio, you're seriously under water. Enjoy your other pursuits.

Re: Stock Gurus-Buying or Selling?

Posted: Sat Jan 19, 2013 2:07 am
by johno
I buy low & sell high. It works every time.

Re: Stock Gurus-Buying or Selling?

Posted: Sat Jan 19, 2013 5:04 pm
by Freki
DikTracy6000 wrote:
Pinky wrote:
DikTracy6000 wrote:Nothing wrong with owning an low-expense index though.
My investment strategy consists of two simple steps:
1. Buy low-expense index funds.
2. Spend my time thinking about things that are more fun or more pressing than investing in the stock market.
I just enjoy earmarking a small part of funds to buy a few that grab my attention. You must be pleased with the S&P 500 index if you own it, It's still 13 points below year 2000 levels. Why I like to keep an eye on things. If you factor in even a low bare bones expense ratio, you're seriously under water. Enjoy your other pursuits.
Depends on dividends and if he was dollar cost averaging during the drops in 08 and after 9/11.

Re: Stock Gurus-Buying or Selling?

Posted: Sat Jan 19, 2013 5:24 pm
by Croatoa
Buy gold coins

Re: Stock Gurus-Buying or Selling?

Posted: Sat Jan 19, 2013 6:45 pm
by TomFurman
Some of you may know James Krieger from nutrition/fitness.
He has this blog as well on stocks. Entertaining.
http://www.welcometothegutter.com/