economy

[moparstuart]

Now we are headed in the right direction.







If you had purchased $1,000 of shares in Delta Airlines one year
ago, you will have $49.00 today.



If you had purchased $1,000 of shares in AIG one year ago, you
will have $33.00 today.



If you had purchased $1,000 of shares in Lehman Brothers one year
ago, you will have $0.00 today.


But, if you had purchased $1,000 worth of beer one year ago,
drank all the beer, then turned in the aluminum cans for recycling

refund, you will have received a $214.00.



Based on the above, the best current investment plan is to drink
heavily & recycle. It is called the 401-Keg.




A recent study found that the average American walks about 900
miles a year.


Another study found that Americans drink, on average, 22 gallons
of alcohol a year.


That means that, on average, Americans get about 41 miles to the
gallon!


Kind if brings a tear to your eye and makes you proud to be an American!

 

[Revhendo]

Wow! I think I need a tune-up:icon_jook:

 

[vintagetin]

Thats awesome..

 

[YY1]

I bought 200 shares of Ford a year and 1/2 ago.

It is up 250%

I also bought 100 shares of the prefered.

It is up 90% and pays $50 a quarter.

ccasion14: :icon_super:


Looked a Fiat, which would have been a 35% gain, plus dividend.

That's the "buy low" part.

 

[moparstuart]

I bought 200 shares of Ford a year and 1/2 ago.

It is up 250%

I also bought 100 shares of the prefered.

It is up 90% and pays $50 a quarter.

ccasion14: :icon_super:


Looked a Fiat, which would have been a 35% gain, plus dividend.

That's the "buy low" part.

LOL will you be my investment broker LOL

 

[Cranky]

I bought some F back then too! But it was GM that killed me and I'm still not back to even yet but I'm trying. I sold F a couple of weeks ago and have a limit to buy some at 13.....

 

[chignikred]

Buying F at 13 will not be a good trade. Only bullish support is at 10 and going through that will mean $7.00 coming.
And GM, since it doesnt trade, only way to 'get even' is to go and shoot the UAW leaders that crushed gm's cost structure and lead to going bankrupt. GM will not issue any ipo in the next 2 years, mark my word.

Better to be out of the market, wishing you were in, then being in - wishing you were out. These are not good times to 'in'.

 

[YY1]

The other side of the coin is beat up stocks are easy pickins right now.

I was very aware of what was going on at Ford, with Mulally, and reverse engineering the Toyota hybrid system, negotiating with UAW, debt management, plus all the positive press. 300-425HP and 26-30 MPG. How can that not sell cars?

OTOH, GM killed off it's two most progressive brands at a time when lack of forward thinking was percieved as part of the problem, they also left GMC which is almost completely a duplicate of Chevy truck. Sold GMAC, now no lucrative finance arm. Just plain poor managemnt. FordCredit (still Ford) also pays 7-9% still.

I also bought CitiBank as the finance crisis was leveling off. It's up 15% and pays 8%.

Last purchase was BP, almost like shooting fish in a barrel. Could go back to $80 or double, even if it only goes to $60 (lowest price of industry peers), that's 33%. Company is talking about reinstating the dividend in 2011 (that's just three months away), and I actually think they've done a decent job with the PR on the spill. Heck I think they also may have done a decent job cleaning the spill.

I sold my other oil (Shell and Slumberger) as the market was tanking. Gas had come back down, and counting the div I got while I held, I just about broke even (made a small gain), and it gave me cash to invest in the "sale" that is starting to dry up.

Now you all know most of my secrets.

When do we get a chance to buy low?.......during a recession!!!

Just do your homework!

...oh, and don't invest any money in stocks, that you're not prepared to throw away.

I started in 1998 with $25 a month.