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-   -   Stock market advice (http://www.njfboa.org/forums/showthread.php?t=32597)

johnjzjz 03-07-2008 05:28 PM

Stock market advice
 
> Stock market advice
>
>
> If you had purchased $1000.00 of Nortel stock one year ago, it would
> now
> be worth $49.00.
> With Enron, you would have $16.50 left of the original $1000.
> With WorldCom, you would have less than $5.00 left.
>
> If you had purchased $1000.00 of Delta Air Lines stock you would have
> $49.00 left.
>
> If you had purchased United Airlines, you would have nothing left.
>
> But, if you had purchased $1000.00 worth of beer one year ago, drank
> all
> the beer, then turned in the cans for the aluminum
> recycling refund you would have $214.00.
> Based on the above, the best current investment advise is to drink
> heavily
> and recycle.
> THIS IS CALLED THE 401-KEG PLAN.

SupermanX24 03-07-2008 06:20 PM

I'll keep that in mind

Savage_Messiah 03-08-2008 02:51 PM

or you minimize your risk by investing in mutual funds instead of individual stocks

qwikz28 03-08-2008 03:05 PM

Quote:

Originally Posted by Savage_Messiah (Post 426360)
or you minimize your risk by investing in mutual funds instead of individual stocks

and make barely more than inflation ;) if you're not willing to risk, your not gonna make any money

Savage_Messiah 03-08-2008 03:26 PM

I said mutual funds, not bank accounts and CDs :lol:

And I think I see the confusion... I'm talkign more long term investing. Short term trading then yeah, but you gotta watch the trends and play em.

GP99GT 03-08-2008 03:47 PM

buy! buy! sell! buy! sell! buy! buy! sell! profit

79CamaroDiva 03-08-2008 04:48 PM

If I would have bought apple stock when I first bought my computer, it was 9.75/share. Now, it has split 2:1 and even with a giant fall since christmas, the shares are at 122.25/share.. say $1000 back in 01, I would have $25,000 now.. but since christmas would have lost $15,000..I would probably be very unhappy with that :lol:

Knipps 03-08-2008 10:15 PM

invest in waffles.

BonzoHansen 03-08-2008 10:39 PM

http://img.photobucket.com/albums/v3...4e71cc37_m.jpg
http://img.photobucket.com/albums/v3...lawngnomes.gif

Frosty 03-08-2008 11:02 PM

Quote:

Originally Posted by Knipps (Post 426477)
invest in waffles.

Eggo or those Belgium waffles?

I forgot about Aunt Jemima, she's hot.

01SS 03-08-2008 11:22 PM

Waffles!! Tasty Waffles!!

Rich189 03-09-2008 07:51 AM

awsome that episode was on the other night

redbanditZ28 03-09-2008 06:12 PM

When I interned at a Wall Street Investment Finance Company, I was assigned to a team and we played this stock game with real money. We ended up getting 3rd out of 7, but I made some very wise decisions this past fall. I brought a good amount of Amerigas, Scotts landscaping, and some unpopular named petroleum company overseas and its what got my team from 5th to 3rd place. Its true, if you really monitor the stock market and look at everything like charts, dividends, etc.. you can make some good money. My only regret was that it was their money and not mine.

JohnG 03-10-2008 02:13 PM

the stock market is legalized gambling...

the insiders control it & make all the real profit :(

johnjzjz 03-10-2008 04:59 PM

Subject: LATEST FINANCIAL REPORT

> 2008 FINANCIAL REPORT
> Here are some tips for 2008: Be aware of expected mergers so that you can > get in on the ground floor and make BIG bucks. Watch for these > consolidations in 2008:
>
> 1) Hale Business Systems, Mary Kay Cosmetics, Fuller Brush & W.R. Grace > Co, will merge and become:
> Hale, Mary, Fuller, Grace>
> 2) Polygram Records, Warner Bros., and Zesta Crackers join forces and > become, Poly, Warner, Cracker.
>
> 3) 3M will merge with Goodyear and become MMMGood.
>
> 4) Zippo Mfg, Audi Motors, Dofasco and Dakota Mining will merge and become > ZipAudiDoDa.
>
> 5)Fed X will join its competitor, UPS and become FedUp
>
> 6) Fairchild Electronics and Honeywell Computers will become > FairwellHoneychild!
>
> 7) Grey Pupon and Docker Pants will merge to become: PouponPants.
>
> 8) Knots Berry Farm and National Organizathion of Women will merge to > become KnottNOW!!
>
> 9) Victoria's Secret and Smith & Wesson will merge under the new name: > TittyTittyBangBang

SteveR 03-10-2008 05:08 PM

seeing that Northrop-Grumman just won a multi billion dollar contract, that might be a good direction to look in. Government and military companies are the easiest to make money on. Read the insider magazines, see who wins big contracts, buy their stock that day, hold onto it for a little while, sell. The big ones after 9/11 were Raytheon, Lockheed, Haliburton, and General Dynamics.


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