A question to the financial gurus on EF

[EnderJE]

Are you more of a buy and hold investor or a quick trade investor? I'm a buy a hold guy because I can't tell the future. The only think that I know is that blue chip stocks 'tend' to go up over time. So I buy (via dollar cost averaging) and wait for a few years (>5).

 

[mrplunkey]

Are you more of a buy and hold investor or a quick trade investor? I'm a buy a hold guy because I can't tell the future. The only think that I know is that blue chip stocks 'tend' to go up over time. So I buy (via dollar cost averaging) and wait for a few years (>5).

Good call. You may want to pick mutual funds that fit your risk profile instead of specific stocks, but everything else is perfect.

 

[digimon7068]

general electric. . .around $20 a share. . .12 month projection $27 a share. . .pays around a 6% dividend each year. . .warren buffet bought $5 billion of preferred convertible shares the other day. . .

 

[the_alcatraz]

general electric. . .around $20 a share. . .12 month projection $27 a share. . .pays around a 6% dividend each year. . .warren buffet bought $5 billion of preferred convertible shares the other day. . .

Damn...

 

[EnderJE]

Good call. You may want to pick mutual funds that fit your risk profile instead of specific stocks, but everything else is perfect.

More power to the guys who pick individual stocks based on research. I can't do that because I don't know the companies that I'm investing in. Rather, I go with the funds, or with a small number of blue chippers that I have faith in.

 

[75th]

Bloomberg.com: Worldwide

Just released on Bloomberg.

Me = Always right.

 

[EnderJE]

Bloomberg.com: Worldwide

Just released on Bloomberg.

Me = asshat

...

 

[rsnoble-im-back]

dude, that's like buying oil in July when it was @ $140

Now it's $95ish

american investor noobs got PWNED in the market and @ the pump

Double vaseline

I'd take that money and put it in GE and many proctor and gamble (gillette razors etc)

LMAO......I hate to say it but you sound like me sometimes.

Doesn't Proctor and Gamble make KY??

Months ago I correctly called the rise of parabolic food stocks(LOL) such as HNZ and KFT to rise to previous highs. Here we are. Too bad I knew what was on the horizon and didn't buy them. Oh well, at least im honest.

 

[the_alcatraz]

thnx for the advice guys. I'm going to hold off on any investments for now.

 

[75th]

...

Indeed.