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TomsPics · 02-12-2003, 04:03 PM

Im thinking about investing money in the next month or two.. Although i know nothing about the stock game.. Is now the time to invest with the market so shity or should i wait till after the shit with iraq? Anyone know and urls or anything for people like me who don't know shit about the market? Thanx :]

XXXPaysiteDesign · 02-12-2003, 04:08 PM

If you want to invest into something you know nothing about just give the money to me.

freeadultcontent · 02-12-2003, 04:17 PM

With the current panic I highly suggest 3M one of the largest makers of duct tape.

RedShoe · 02-12-2003, 04:30 PM

Quote:

Originally posted by TomsPics
Im thinking about investing money in the next month or two.. Although i know nothing about the stock game.. Is now the time to invest with the market so shity or should i wait till after the shit with iraq? Anyone know and urls or anything for people like me who don't know shit about the market? Thanx :]

Go do some quick research on a method called , "The Dogs of the Dow."

I'm currently studying, and it makes a lot of sense. We're in cash right now, saving up for the next bull run. When things bottom and look like they'll be going up we'll buy in. You couldbuy in now, and get in while everything is rock bottom, but a lot of people don't have that kind of mentality.

Joe Sixpack · 02-12-2003, 04:31 PM

Quote:

Originally posted by RedShoe

We're in cash right now, saving up for the next bull run. When things bottom and look like they'll be going up we'll buy in. You couldbuy in now, and get in while everything is rock bottom, but a lot of people don't have that kind of mentality.

I suspect the next bull run is going to be a long time coming.

RedShoe · 02-12-2003, 04:40 PM

And when it does... will you be ready?

TomsPics · 02-12-2003, 04:41 PM

Quote:

Originally posted by Joe Sixpack

I suspect the next bull run is going to be a long time coming.

This isn't made for quick money :] The bull will take awhile specially with bush in office, but im in it for the long run.

Joe Sixpack · 02-12-2003, 04:55 PM

Quote:

Originally posted by RedShoe
And when it does... will you be ready?

I follow the market daily. I'm always ready.

But this is not looking good... looks like the DOW just formed a double top and is on the way down...

Uncertainty is not a good thing for the market.

Bull runs need market confidence. Things are pretty gloomy at the moment.

hershie · 02-12-2003, 04:57 PM

for general investment coverage:

www.thestreet.com
www.marketwatch.com
http://finance.yahoo.com/
http://www.fool.com/

for small caps:
www.smallcapcenter.com

personally, i would not go out on a limb on any one investment strategy like "dogs of the dow", especially now when the "non-dogs" are also trading at historically low multiples...

Dveron · 02-12-2003, 05:00 PM

Very hard to pick a bottom...I would wait for some confirming market signals before buying into any rally.

FlyingIguana · 02-12-2003, 05:02 PM

if you're investing for the long term i would get in now. if you wait till after the war, the market will have already started going up, depending on how long the war lasts.

Joe Sixpack · 02-12-2003, 05:04 PM

Quote:

Originally posted by FlyingIguana
if you're investing for the long term i would get in now. if you wait till after the war, the market will have already started going up, depending on how long the war lasts.

Never try and catch a falling knife.

Ouch!

The DOW is going to go under 7000.

FlyingIguana · 02-12-2003, 05:14 PM

Quote:

Originally posted by Joe Sixpack

Never try and catch a falling knife.

Ouch!

The DOW is going to go under 7000.

if you wait for a bottom, you miss out on the best gains. i highly doubt we're at a bottom, but we could be.

G Sharp · 02-12-2003, 05:17 PM

Quote:

Originally posted by TomsPics
Im thinking about investing money in the next month or two.. Although i know nothing about the stock game.. Is now the time to invest with the market so shity or should i wait till after the shit with iraq? Anyone know and urls or anything for people like me who don't know shit about the market? Thanx :]

Look into really big, established, profitable companies that pay dividends. Try MO [Philip Morris aka Altria - div payout is around 2.70] RJR [RJ Reynolds Nabisco - div payout is over $3 ] or GM [General Motors div payout is $2 ]

You can also try investing in insurance companies and reinsurers.

I used to trade in tech stocks before the Dot Bust, now I just follow Warren Buffett's advice--pick a solid company and HOLD for a long time.

Good luck!

hershie · 02-12-2003, 05:26 PM

Quote:

Originally posted by G Sharp

Look into really big, established, profitable companies that pay dividends. Try MO [Philip Morris aka Altria - div payout is around 2.70] RJR [RJ Reynolds Nabisco - div payout is over $3 ] or GM [General Motors div payout is $2 ]

You can also try investing in insurance companies and reinsurers.

I used to trade in tech stocks before the Dot Bust, now I just follow Warren Buffett's advice--pick a solid company and HOLD for a long time.

Good luck!

GM was hit with a "sell" today by a major analyst. I like this strategy but only if you think we are in a longer term sideways market, as if the market is at/near bottom - it is not the dividend stocks that make major runs (in general) if the market is soon to move up again. But, I will gladly take the income/dividends while waiting out a new bull market.

TomsPics · 02-12-2003, 05:30 PM

thanx for the information.. ill see what i can do with it :]

darnit · 02-12-2003, 06:00 PM

Invest in bond funds for now....sure its a low yeild but better than a loss...

Wait till the war....once stocks plummet (which they will during a war) the buy buy buy! There will be i tidy little post war bump in the market once the war ends then sell sell sell!

No easier way to make cash (porn excluded)

good luck!

FlyingIguana · 02-12-2003, 06:37 PM

Quote:

Originally posted by darnit
Invest in bond funds for now....sure its a low yeild but better than a loss...

Wait till the war....once stocks plummet (which they will during a war) the buy buy buy! There will be i tidy little post war bump in the market once the war ends then sell sell sell!

No easier way to make cash (porn excluded)

good luck!

you can't count on it being that easy.

besterman · 02-12-2003, 06:42 PM

check out ICPT, ibill problems seem highly temporary, especially with a management change, also AED and DEO - alchohol will make money till kingdom cum!

02-12-2003, 04:03 PM	#1
TomsPics Confirmed User Join Date: Aug 2002 Location: Detroit, MI Posts: 498	Stocks... Im thinking about investing money in the next month or two.. Although i know nothing about the stock game.. Is now the time to invest with the market so shity or should i wait till after the shit with iraq? Anyone know and urls or anything for people like me who don't know shit about the market? Thanx :]

02-12-2003, 04:08 PM	#2
XXXPaysiteDesign Confirmed User Join Date: Mar 2002 Location: Everett, WA Posts: 2,201	If you want to invest into something you know nothing about just give the money to me. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

02-12-2003, 04:17 PM	#3
freeadultcontent Confirmed User Join Date: Oct 2002 Location: "evitcepsrep ruoy egnahc" Posts: 9,976	With the current panic I highly suggest 3M one of the largest makers of duct tape. __________________ Exclusive Ethnic & Microniche Sites

02-12-2003, 04:40 PM	#6
RedShoe 赤い靴 call me 202-456-1111 Industry Role: Join Date: Feb 2001 Location: The Valley Posts: 14,831	And when it does... will you be ready? __________________ SPECIALTY COSTUMES • PROPS • FX Superheroes • Monsters • Robots PM for details For any manufacturing needs. Adult or otherwise. aka BonsHigh on Insta Bonsai weed plants

02-12-2003, 05:00 PM	#10
Dveron Confirmed User Join Date: Dec 2002 Location: Vancouver Posts: 2,794	Very hard to pick a bottom...I would wait for some confirming market signals before buying into any rally. __________________ Adult Comics Club - Updated Bi-Daily. 60% Recurring Payouts. Exclusive Comic Content.

02-12-2003, 04:57 PM	#9
hershie Confirmed User Join Date: Jun 2002 Posts: 4,642	for general investment coverage: www.thestreet.com www.marketwatch.com http://finance.yahoo.com/ http://www.fool.com/ for small caps: www.smallcapcenter.com personally, i would not go out on a limb on any one investment strategy like "dogs of the dow", especially now when the "non-dogs" are also trading at historically low multiples...

02-12-2003, 05:02 PM	#11
FlyingIguana aspiring banker Join Date: Mar 2002 Location: toronto Posts: 10,870	if you're investing for the long term i would get in now. if you wait till after the war, the market will have already started going up, depending on how long the war lasts.

02-12-2003, 05:30 PM	#16
TomsPics Confirmed User Join Date: Aug 2002 Location: Detroit, MI Posts: 498	thanx for the information.. ill see what i can do with it :]

02-12-2003, 06:00 PM	#17
darnit Confirmed User Join Date: Jul 2001 Location: Teh Interweb Posts: 2,439	Invest in bond funds for now....sure its a low yeild but better than a loss... Wait till the war....once stocks plummet (which they will during a war) the buy buy buy! There will be i tidy little post war bump in the market once the war ends then sell sell sell! No easier way to make cash (porn excluded) good luck!

02-12-2003, 06:42 PM	#19
besterman Confirmed User Join Date: Jan 2003 Posts: 623	check out ICPT, ibill problems seem highly temporary, especially with a management change, also AED and DEO - alchohol will make money till kingdom cum!