Investing 102

[Rybar]

Spent a bunch of time reading the thread and researching some companies. Have a list together now of stocks I'm going to buy once I dump my Mutual Funds out the window. Thanks for all the help and suggestions everyone, this is really interesting stuff, to research and learn and hey if you can make some money doing it that's a bonus.

[toy71camaro]

Originally Posted by Rybar

Spent a bunch of time reading the thread and researching some companies. Have a list together now of stocks I'm going to buy once I dump my Mutual Funds out the window. Thanks for all the help and suggestions everyone, this is really interesting stuff, to research and learn and hey if you can make some money doing it that's a bonus.

Awesome! good luck! let us know how they turn out

[GregWeld]

Originally Posted by Rybar

Spent a bunch of time reading the thread and researching some companies. Have a list together now of stocks I'm going to buy once I dump my Mutual Funds out the window. Thanks for all the help and suggestions everyone, this is really interesting stuff, to research and learn and hey if you can make some money doing it that's a bonus.

Yeah -- there's probably a few to many posts -- but it's okay.... unless you're trying to catch up!!

Go get 'em!!

[toy71camaro]

Greg.. do you use "F.A.S.T. Graphs"?

Was reading a bit about them this morning, from an article on SA.

I guess it might be a step above Investing 102 tho. lol.

[GregWeld]

Originally Posted by toy71camaro

Greg.. do you use "F.A.S.T. Graphs"?

Was reading a bit about them this morning, from an article on SA.

I guess it might be a step above Investing 102 tho. lol.

No I don't. I really don't use anything like that. I read a lot - I pay attention - I watch CNBC - but mostly I only invest in stuff just like I've been preaching here in Investing 102. Other than BONDS which are held in a smallish brokerage where I have a SVP handle that part.... I do my own stuff. But I've been doing this since the late 70's... and I own an apartment complex and some commercial real-estate. I'm really a pretty simple guy with pretty simple investment strategies. It's the experience of having lived thru many different kinds of markets that has taught me to just buy great companies - collect the dividend - kick back and enjoy life. I don't like to make it too complicated. So far - it's served me pretty dang well.

[toy71camaro]

Just curious. from what i can tell, its just another "aid" to help decide when to pull the cord on a stock based on its current price vs its average price (ie. is the stock on sale today or overpriced).

Not a bad idea if you've got your eye on multiple stocks and waiting for the funds to purchase them. Like i am. 1k at a time. It might persuade someone a little bit to buy X stock this time around vs Y stock as its historically 10% cheaper than it averages... or something along those lines anyway. lol

[GregWeld]

Originally Posted by toy71camaro

Just curious. from what i can tell, its just another "aid" to help decide when to pull the cord on a stock based on its current price vs its average price (ie. is the stock on sale today or overpriced).

Not a bad idea if you've got your eye on multiple stocks and waiting for the funds to purchase them. Like i am. 1k at a time. It might persuade someone a little bit to buy X stock this time around vs Y stock as its historically 10% cheaper than it averages... or something along those lines anyway. lol

I agree on the "aid" part. Investing is "whatever" works for you to make you make a decision and helps you find good stuff -- or helps you refer to why you bought what you did. I just don't need much reference to buy stuff like Coke and McDonalds and Phillip Morse and Kimberly Clark... if you get my point.

[GregWeld]

So I get asked all the time if I own Berkshire Hathaway shares... the answer is "HELL NO"... and people are shocked. Obviously they know the name and the famous DEMOCRATIC midwesterner Warren Buffet and they think he's some kind of a god or something and I just think he's an old smart guy that doesn't really understand the stock market.

This stock is over a hundred grand per share.... and DOES NOT pay a dividend... and has a whopping 11.6% TEN YEAR growth. REALLY -- 10 YEARS to get 11.6%???

Not in my portfolio! I get 5% per year in dividend off of simple names... and when you do the total return comparo -- there's no way you'd buy this stock. The 10 year TOTAL RETURN is 10.6% ---- WOW!!! And not WOW in a good way!

If Warren wakes up dead (that was meant to be funny).... you're going to be down 10% plus or more -- so would you risk that for a 10 year total return of 10.6%??

[Rybar]

Originally Posted by GregWeld

Yeah -- there's probably a few to many posts -- but it's okay.... unless you're trying to catch up!!

Go get 'em!!

Mainly catching up. Thanks for all the help so far the prospect of making some smart moves now that will pay down the road is very intriguing.