http://finance.google.com/finance?hl=en&tab=ne (http://finance.google.com/finance?hl=en&tab=ne)
batten down the hatches boys, we're in for a bumpy ride.....
neato! I never wanted to retire anyway.
duh... ya dont fix a credit problem by using credit ;)
shit shit shit.... who has the fastest e account setup.... need to buy some stuff right now.
It's a 60% off sale! Whooo Hooo!
It's a buyers market ;D
mitt
Quote from: mitt on October 09, 2008, 01:16:25 PM
It's a buyers market ;D
mitt
I don't know that I'd trust that yet......
Man am i glad i invested in midget porn, beer, cigarettes and razor blades. Drinking, smoking, and suicides are going to go through the roof!
[drink]
Quote from: ZLTFUL on October 09, 2008, 02:43:14 PM
Man am i glad i invested in midget porn, beer, cigarettes and razor blades. Drinking, smoking, and suicides are going to go through the roof!
[drink]
[laugh]
Not sure where the midget porn fits in exactly...
Quote from: ducsix on October 09, 2008, 02:52:58 PM
[laugh]
Not sure where the midget porn fits in exactly...
IZ needed a part-time job to make ends meet.
Quote from: Randimus Maximus on October 09, 2008, 03:08:30 PM
IZ needed a part-time job to make ends meet.
gay midget porn to be exact. :-* [popcorn] [bacon]
Quote from: ducducgooseme on October 09, 2008, 03:50:54 PM
gay midget porn to be exact. :-* [popcorn] [bacon]
you're gonna feel a little poke....
Looks like the next month or so will be the perfect time to get into the stock market
Quote from: elTristo on October 09, 2008, 01:23:17 PM
I don't know that I'd trust that yet......
Even if we're not at the bottom, if you invest right now, you WILL be in great shape in ~ 5 years. Honestly, there are some serious deals on some amazingly strong companies right now. Apple is an amazing value, they have HUGE cash reserves. I'm pretty heavily vested in Apple, but I would easily buy in another 100 shares if I had the $$$ right now. Google has been hammered as well and with the Android system and Google Chrome, there is some great upside there.
I wouldn't buy GM however, we may be losing them VERY soon...
Quote from: ducducgooseme on October 09, 2008, 03:50:54 PM
gay midget porn to be exact. :-* [popcorn] [bacon]
Toss this...oh yeah...toss it...TOSS IT!!!
Quote from: darylbowden on October 09, 2008, 04:32:00 PM
Even if we're not at the bottom, if you invest right now, you WILL be in great shape in ~ 5 years. Honestly, there are some serious deals on some amazingly strong companies right now. Apple is an amazing value, they have HUGE cash reserves. I'm pretty heavily vested in Apple, but I would easily buy in another 100 shares if I had the $$$ right now. Google has been hammered as well and with the Android system and Google Chrome, there is some great upside there.
I wouldn't buy GM however, we may be losing them VERY soon...
[thumbsup] Been telling our clients that as well. It's funny, so many financial planners are pulling their hair out and we've had good accts(for our size) walking in the door through this entire debacle. All referrences from current clients, and most because we've been pro active and called them before they got worried enough to call us.
From investment advice to gay porn salad tossing....damn I love the DMF [drink]
Damnit Randy. You owe me a keyboard an a bottle of Beck's Oktoberfest! [laugh]
Quote from: darylbowden on October 09, 2008, 04:32:00 PM
Even if we're not at the bottom, if you invest right now, you WILL be in great shape in ~ 5 years. Honestly, there are some serious deals on some amazingly strong companies right now. Apple is an amazing value, they have HUGE cash reserves. I'm pretty heavily vested in Apple, but I would easily buy in another 100 shares if I had the $$$ right now. Google has been hammered as well and with the Android system and Google Chrome, there is some great upside there.
I wouldn't buy GM however, we may be losing them VERY soon...
Yeah, but at 5 bucks a share... that's hard to pass up. Same with Ford at two and change. I read that their combined market cap was under $7B. That's crazy.
Quote from: ZLTFUL on October 09, 2008, 07:55:47 PM
Damnit Randy. You owe me a keyboard an a bottle of Beck's Oktoberfest! [laugh]
I aim to please!
Quote from: B.Rock on October 10, 2008, 09:29:29 AM
Yeah, but at 5 bucks a share... that's hard to pass up. Same with Ford at two and change. I read that their combined market cap was under $7B. That's crazy.
I dunno. There's an entirely too-real possibility that GM could fold. At those prices, it's not a terrible idea, but I won't be putting my $$$ in it.
Actually maybe a great idea... could end up another govt backed security. $20 says if they fail the govt. steps in to save them too. Fannie/Freddie/Insurance/Banking/and now automotive.... we're the new Russia.
Quote from: darylbowden on October 10, 2008, 01:16:30 PM
I dunno. There's an entirely too-real possibility that GM could fold. At those prices, it's not a terrible idea, but I won't be putting my $$$ in it.
Either GM or Ford is a good deal. There's NO WAY they will completely fold up. They will likely get bought by either a German or a Japanese company and get restructured (losing the heavy Union contracts which have long been the noose of the so-called 'Big 3').
My $.02 and I'm not a stock analyst. ;D
Quote from: Duck-Stew on October 10, 2008, 02:13:25 PM
Either GM or Ford is a good deal. There's NO WAY they will completely fold up. They will likely get bought by either a German or a Japanese company and get restructured (losing the heavy Union contracts which have long been the noose of the so-called 'Big 3').
My $.02 and I'm not a stock analyst. ;D
You're pretty much on the money. Right now, even if they fold, GM and Ford have more asset's than stock value, so if you buy now, they fold and sell off everything, you still make money.
Quote from: WannaDucBad on October 10, 2008, 01:43:09 PM
Actually maybe a great idea... could end up another govt backed security. $20 says if they fail the govt. steps in to save them too. Fannie/Freddie/Insurance/Banking/and now automotive.... we're the new Russia.
Might be, might not be - hard to say really. My real point here is there are far better deals for far better companies than GM (or ford for that matter).
Quote from: superjohn on October 10, 2008, 02:21:20 PM
You're pretty much on the money. Right now, even if they fold, GM and Ford have more asset's than stock value, so if you buy now, they fold and sell off everything, you still make money.
Yes, but they also have GIANT debts that get paid before any stockholder does. There's no certainty whatsoever that any stockholder would see one shiny nickel. I can guarantee that the Unions' retirement plans and their healthcare plans will get $$$ before Joe common stockholder gets nickel #1.
True, but $5 a share is a pretty good price. Beer or GM?
On second thought......maybe I'l stick with [drink]
Quote from: superjohn on October 10, 2008, 03:05:06 PM
True, but $5 a share is a pretty good price. Beer or GM?
On second thought......maybe I'l stick with [drink]
Be careful, that beer might lead you to make poor financial decisions - like buying GM ( or a GM for that matter).
If you had $10,000 to spend, would you put it in GM or Ford?
Quote from: kopfjager on October 11, 2008, 05:03:47 PM
If you had $10,000 to spend, would you put it in GM or Ford?
Ford.
[cough] ford [cough]
Quote from: kopfjager on October 11, 2008, 05:03:47 PM
If you had $10,000 to spend, would you put it in GM or Ford?
Neither. There are far better choices than either of them. Hell, oil is under 85/barrel right now, I'd jump on that before I bought into a failing company.