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I wasn't even watching kinder morgan. I would have been all over that If I had seen it dive to low 40's. Wow, I need to broaden my "lookout".
with the market in a mess and down is anyone actually buying stock now?
- Thread starter AAP
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I wasn't even watching kinder morgan. I would have been all over that If I had seen it dive to low 40's. Wow, I need to broaden my "lookout".
You all should have baught MS monday morning!!! blaaaarghhh..
I think oil is a pretty freaking safe bet long term investment, if it comes down any further the big companies will literally stop producing it, because they like all other companies like to function and a profitable level and they sure as hell aren't going to pay out of thier pockets to supply us the oil. If it does come down to a point where they shut down, it'll obviously cause oil prices to sky rocket being that every fucking thing in existance is made with the stuff. I'd say 50-60 a barrel is a scary bottom and may never dip to those levels, but if it does I'd buy it. I think people who are predicting 20 dollars a barrel are effing retarded because no one is going to make a single barrel if they are only getting 20 bucks for it.
I think certain financials will be really good also, because with the weaker ones crumbling the big names will probably almost have a stranglehold when the economy rebounds.
Oil stocks aswell because with the plunge in oil there stock values have been cut in half, transocean for example seems like it would be a good buy.
but again I know next to nothing, just my thoughts.
I think oil is a pretty freaking safe bet long term investment, if it comes down any further the big companies will literally stop producing it, because they like all other companies like to function and a profitable level and they sure as hell aren't going to pay out of thier pockets to supply us the oil. If it does come down to a point where they shut down, it'll obviously cause oil prices to sky rocket being that every fucking thing in existance is made with the stuff. I'd say 50-60 a barrel is a scary bottom and may never dip to those levels, but if it does I'd buy it. I think people who are predicting 20 dollars a barrel are effing retarded because no one is going to make a single barrel if they are only getting 20 bucks for it.
I think certain financials will be really good also, because with the weaker ones crumbling the big names will probably almost have a stranglehold when the economy rebounds.
Oil stocks aswell because with the plunge in oil there stock values have been cut in half, transocean for example seems like it would be a good buy.
but again I know next to nothing, just my thoughts.
Specific investments should always be analyzed and researched by individuals buying the stock.
Jim Cramer reccomended apple the day before I bought at 88. it went to 110 in 2 days, and I sold.
Easy money, and I wouldn't have looked at it at the time if I he didn't mention it.
OK Market's down today. I'll go out on a limb and say buy SSO tomorrow for $22.50 You'll make 10% by the mid or end of the day. You may want to sell it tomorrow as well, who knows what the market ends up doing. I was up 60% in 24 hours from the 10/10 lows, but got greedy and held on to a smaller gain. Still a gain though.
Like i said above, this doubles S&P performance. You can hold it long term and double the Market's return.
Check the price tomorrow. Don't be stupid though. Damn disclaimers!
Do you ever re-adjust it? I mean your portfolio, not your the cock-N-balls.
You should look at it at least once a year and reallocate it in terms of percentages in each category.
when i get closer to retirement age i will adjust (portfollio, not the boyz) more often. i never have done well with trying to out-smart the market.
jackangel
New member
that's only one instance. if you followed all of his advice, you probably would have lost money. anyone can be right, or wrong. if it were only that, i wouldn't dislike him so intensely. he's garnered a lot of negative attention during this bear, and not just for making calls.
he has a habit of lying. watch this clip and read the entry if you're curious enough. you may come away with a different opinion, but it's clear for me. i also personally find his idiocy distasteful (the boo-yah school of investing doesn't do it for me).
he's infamous, anecdotally, for being a good contrarian indicator.
you know that a lot of people will follow his advice. they are responsible for their own investment decisions, but that doesn't absolve him of responsibility for taking care when he gives advice. he's not usually, if ever, advising on a short time frame of hours or days (you got in and out quickly enough).
Jim Cramer: You are a gigantic douchebag » Ad Terras Per Aspera
I agree with JA re cramer. I don't watch him really, but the handfull of times I have, he's not been too accurate.
rnch, I'm not telling you to outsmart the market. This 'rebalancing' is a normal procedure that everyone should do at least once a year.
Let's say you owned 10% gold and oil for that that matter. When they were 150 barrel and $1000/ounce, if you had "rebalanced" at that point, you would HAVE TO sell high, and buy other lower performing funds with the money. "Buy low sell high". Once/year. It is common knowledge.
Let's say you wanted a 50%/50% blend of stocks and bods... Your bond positions now become 75% while the stock position is 25%. You need to rebalance at that point to bring it back down to 50/50. So again, you are selling high and buying low.
rnch, I'm not telling you to outsmart the market. This 'rebalancing' is a normal procedure that everyone should do at least once a year.
Let's say you owned 10% gold and oil for that that matter. When they were 150 barrel and $1000/ounce, if you had "rebalanced" at that point, you would HAVE TO sell high, and buy other lower performing funds with the money. "Buy low sell high". Once/year. It is common knowledge.
Let's say you wanted a 50%/50% blend of stocks and bods... Your bond positions now become 75% while the stock position is 25%. You need to rebalance at that point to bring it back down to 50/50. So again, you are selling high and buying low.
