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Investing Thread

But I told my bitch, "bitch, go get the calculator, I promise you only need thre divide button." So she calculate the P/E ratio and then looked at that motherfucker historically. I tole her do the right thing and she bought and hold right now. I'm telling you, I take 'em out the hood and show 'em what's good.
 
you're better off saving for another five years in cd or bond, and then put the money for down payment on a house..
 
shahab6 said:
you're better off saving for another five years in cd or bond, and then put the money for down payment on a house..
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Was this to the OP (me)? Lol, if so, my money is gone, pretty much. I've quit my job and gone back to school. Between paying tuition, gas, groceries, car repair (gotta love crashes), ... my savings have dropped significantly.
 
addictivepersona said:
Was this to the OP (me)? Lol, if so, my money is gone, pretty much. I've quit my job and gone back to school. Between paying tuition, gas, groceries, car repair (gotta love crashes), ... my savings have dropped significantly.
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yes it was for you,well school is good investment to.. by getting that degree it will increase your chance of getting a good job in the future.. and degree makes you look good to.. so you've basically invested the money in yourself, which was a very good idea..
there is not a lot of safe investment that pays more than 8%, and for that amount it's not much money..

Anything more is kind of risky..
in investing in a business is always good idea to,
 
shahab6 said:
yes it was for you,well school is good investment to.. by getting that degree it will increase your chance of getting a good job in the future.. and degree makes you look good to.. so you've basically invested the money in yourself, which was a very good idea..
there is not a lot of safe investment that pays more than 8%, and for that amount it's not much money..

Anything more is kind of risky..
in investing in a business is always good idea to,
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Yeah, esp. the degree I'll be gettin', hopefully. :)
 
Not a fan of it personally, but Best Buy(BBY) is probably a great buy here after the overreaction to their earnings miss today. The stock is down a ridiculous 16%.
 
I've spent the past 2 years watching almost every tick of the stock market on 99% of the days the market is open, spent the same span of time researching as many sectors as I could, and have yet to find a stock with a more promising future from its current price.

I'm confident enough to have put my entire life savings behind it back in June, and there it still sits.
 
To me it seems you answered the question "How confident are you?" But you're not telling me what makes you so confident. In other words, you're not providing sources.

Teach a man to fish blah blah blah.
 
GenericMind said:
Not a fan of it personally, but Best Buy(BBY) is probably a great buy here after the overreaction to their earnings miss today. The stock is down a ridiculous 16%.
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This stock is really looking like shit. It makes me wonder if the pillars of American society - companies like Best Buy - got too fat during the credit scam days, and started ignoring a host of problems because they could afford to.

Problems like:

1.) Overpriced products
2.) Overpriced services
3.) No fan base among people who know ANYTHING about technology
 
I'd have to disagree. I mean, like I said I'm not a fan of the stock either because I don't like the retail sector, so I wouldn't suggest it if it wasn't for the recent massive drop, but I think their business model will be plenty viable for some time to come.

It has low debt and it's sales & revenue continue to increase. The American Consumer is finally coming back, and I think they're going to come back stronger than people think. You or I may search the web for better deals when making electronics purchases, but if my grandmother is buying a TV she's going to buy it at Best Buy. Older people that aren't tech savvy like to have someone they consider knowledgeable guide them through the purchase decision process, and a lot of them don't trust online retailers. Until a larger portion of the population becomes tech savvy, stores like Best Buy will do fine.
 
KamMoye said:
To me it seems you answered the question "How confident are you?" But you're not telling me what makes you so confident. In other words, you're not providing sources.

Teach a man to fish blah blah blah.
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-They're the largest offshore drilling company in the World, and as we run out of places to drill for oil companies will need the specialty ultra-deep water rigs that Transocean offers to find it.

-They have a P/E ratio of only 9 which is ridiculously low

-There's WAY too much downside priced into the stock because of the Gulf Oil Spill. They'll end up being held liable for little or none of it.

-Their revenue is expected to jump 60% next year.

-Both their 5 year Earnings-Per-Share and Revenue Growth rates are around 35%, which is ridiculous for a company that big.

-Oil isn't going anywhere but up in the long term, which means RIG isn't going anywhere but up in the long term

-The stock is in a solid uptrend and has vastly outperformed the market over the last 6 months.

-The stock is selling at less than half of what it was 2 years ago.
 
Nice sum up. I'm going to buy some on Monday, and hold onto that shit, because I very much understand that offshore drilling is expensive and also our only way to keep consuming anything at all long term. Best Buy, on the other hand, is fundamentally opposed to the educated consumer. This is a problem, when devices like the iPad are going to make easy for autistic children to understand how much a Sony LCD should cost.

It is going to be very difficult in the future to explain that Best Buy is able to charge 50% more because of the extra value they allegedly add to your electronics purchase.
 
For sure. The days of stores like Best Buy are numbered. I think they'll be able to ride the coattails of the economic recovery and grab some good profits and then they'll be going the way of circuit city, straight into bankruptcy.

I don't know if you trade options, but the May 2011 $75 calls on Transocean are a pretty good bet imo. I'd eat my hat if the stock wasn't well above $100 before then.
 
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