Lateral-g Forums - Investing 102

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Quote:

Originally Posted by Kingcater (Post 618844)

First post here as I mostly lurked enjoying all the builds I can't afford from afar. Never registered because I don't have a Pro Touring car yet ( but maybe this thread will help with that in the future )

Anyways, I was looking on google since I've finally found a long term career as I was :EmoteClueless: and I'm getting to an age where I need to think about my financial future. I have to say the knowledge in this thread is very awesome and it also explains things in a manner pretty much anyone can comprehend. I've even forwarded it to many friends.

Who would've thought a Stocks/Investing thread would finally be the thing to get me to sign up to this site.

Once again thank you OP for making this thread. Also thank you Greg, PW2006, and others for continuing to post in this thread. I'm only 34 pages deep but I went out and bought a notebook to take notes.

I hope to have enough money saved up in the next 6 months to start diving into Investing. I was apprehensive as I didn't know where to start but this thread has really helped me! :thumbsup: :flag2: :G-Dub:

It will be the best thing you ever did for financial stability in your life when you look back years from now. Welcome aboard too!

Quote:

Originally Posted by ErikLS2 (Post 618847)

It will be the best thing you ever did for financial stability in your life when you look back years from now. Welcome aboard too!

Thank you and you're absolutely right. I have a 2000 Camaro Z28 and a 2005 GTO.

I hope to have a Pro Touring C10 Square soon

Welcome to the site! Glad to know you're finding this thread informative. Did it really show up during a google search?

I need to get me one of those high rod jelly beans, too. Love those cars other than the green radio screen.

It did lol surprised me then I couldn't stop reading. Aftermarket stereo FTW :thumbsup:

Wow, ok. Never figured a thread I started would end up in a Google search. Funny how the internet works.

You all should remember our discussions about FUNDAMENTAL CHANGE regarding stocks...

There has been a fundamental change at McDonalds (MCD) with a change in the CEO and so far it seems wall street is rewarding the changes being made there. These are the kinds of things (big moves in top management) that you should always be aware of in your holdings.

I recently had dealings with two companies that are both under the Berkshire Hathaway umbrella and both companies completely impressed me as a consumer...something that is the exception more than the rule it seems like these days.

A shares of BRK are out of the question for me to own and B shares don't pay a dividend, so they don't fall into my normal portfolio strategy.

That said, I am contemplating buying some for a growth return play. Curious if anyone else reading this has looked into or owned any BRK:B shares?

Without digging further (I'm still learning) I looked at the last 10 years and there is definitely growth from left to right. What confuses me is the P/E ratio is 0.01, Inst. Owned 0% and no dividend. How do you evaluate a stock like this for purchase? Would you look at the financial reports and check the profits/losses, debt balance, asset holdings, etc.

Quote:

Originally Posted by SSLance (Post 619169)

I won't own either - because they don't pay a dividend -- but more importantly - one day you will wake to the news that Warren Buffett has passed away - and you're shares have been cut in half. No thanks. Those shares are ALL about Warren and his fame.

Yeah, that's a pretty good point...