Investing 102 - Lateral-g Forums

billscamaros · #1 01-25-2012, 08:49 PM

Quote:

Originally Posted by GregWeld

I was using "earnings season" more as a "okay NEWBS -- pay attention this week and next and see how this can affect the market in general"....

Where would I see this type of news? Schwab or Fidelity's websites, CNNMoney, .... ??

Thanks for all the insight you guys provide to this thread!!

**GregWeld** · #2 01-25-2012, 11:02 PM

Quote:

Originally Posted by billscamaros

Where would I see this type of news? Schwab or Fidelity's websites, CNNMoney, .... ??

Thanks for all the insight you guys provide to this thread!!

Well Bill -- Good question!

I get a lot of that kind of info because I get up early -- and watch CNBC... and they are always squawking (that's a CNBC pun) about stuff like that.

Schwab etc -- I don't think so. They don't really do the "news thing" like that. Wall Street Journal would mention it... Maybe CNNMoney --- I don't read that site - but then you'd have to catch a story about it... so not sure you could depend on the old "heads up" kind of thing that you'd get from shows like CNBC or Bloomberg.

ErikLS2 · #3 01-25-2012, 11:13 PM

Greg, I agree on Cramer. Like I said I never watch him but I do think he knows what he's talking about. It's just nothing for the regular investor to pay attention to.

**GregWeld** · #4 01-25-2012, 11:37 PM

Quote:

Originally Posted by ErikLS2

Greg, I agree on Cramer. Like I said I never watch him but I do think he knows what he's talking about. It's just nothing for the regular investor to pay attention to.

LOL --- Remember when I write -- I'm writing for EVERYONE that reads... so that wasn't aimed AT you.... it's more a general "here's my take on Cramer".

I think the guy is brilliant... but not an "investing 102" kinda guy. He's very sophisticated -- has more info at the tip of his tongue than about 90 guys do... but he's "too broad" and he's too out in front and makes too many calls buy sell and hold...

What I use him for is good general "fast" knowledge and he seems to have a very good overall take on many "situations". If I was just starting out in investing -- I wouldn't have a clue what he's talking about most of the time.

I think that after doing this for awhile -- what I've come down to believe is that you don't need to know every little detail about 10 gazillion stocks... That is the "noise" I refer to.

I wouldn't know how to start my day without him - but the guy I really miss is Mark Haines!

**Sieg** · #5 01-25-2012, 11:47 PM

http://www.bloomberg.com/news/2012-0...ash-hoard.html

The Apple movement is getting very interesting and educational.

**GregWeld** · #6 01-26-2012, 12:10 AM

Quote:

Originally Posted by Sieg

http://www.bloomberg.com/news/2012-0...ash-hoard.html

The Apple movement is getting very interesting and educational.

Okay so here's the NOISE take on this... people will be talking for weeks about how much cash on hand - and what they should do with it etc... but that is NOISE. What you should focus on as an investor - regardless of what company - is all the simple stuff we've been discussing. My take on Apple -- GREAT COMPANY - beyond stellar growth.... no dividend but the growth makes up for that in spades... as long as we can go to the mall and see LINES of people buying stuff... how can you go wrong with a company like that? How many other companies have people lined up to spend $200 to $2000 a pop?

But I wouldn't "speculate" buying a company hoping they suddenly pay a dividend.... cause the minute you do that - they do something 180* out from that. So I'd just buy based on all the things I KNOW now... and whatever happens happens.

Does that make sense?

**Sieg** · #7 01-26-2012, 12:49 AM

It definitely makes sense.

The early analyst noise this morning about the stock target prices of $500 to $540 and one even speculating $599 left me unable to comprehend due to lack of knowledge. Then the early volume had a major spike that lead to 34.2 million shares for the day and the stock closes up $26 dollars for the day.

The popularity of their products can't be denied but I wonder how long their products can hold premium retail prices. In one way it appears they could be building one really big bubble.

The lack of dividend and the share price are tough to swallow for a little guy like me. I also don't perceive the company as overly generous in respect to their customer or share holder. I guess 5 shares and pray for a split may be better than the what if senerio.

**GregWeld** · #8 01-26-2012, 08:36 AM

Quote:

Originally Posted by Sieg

It definitely makes sense.

The early analyst noise this morning about the stock target prices of $500 to $540 and one even speculating $599 left me unable to comprehend due to lack of knowledge. Then the early volume had a major spike that lead to 34.2 million shares for the day and the stock closes up $26 dollars for the day.

The popularity of their products can't be denied but I wonder how long their products can hold premium retail prices. In one way it appears they could be building one really big bubble.

The lack of dividend and the share price are tough to swallow for a little guy like me. I also don't perceive the company as overly generous in respect to their customer or share holder. I guess 5 shares and pray for a split may be better than the what if senerio.

I would never buy 5 shares - of anything....

2 grand to invest can get you good companies - with share prices below $50 and that pay a dividend.

Bucketlist2012 · #9 01-26-2012, 02:41 AM

Quote:

Originally Posted by GregWeld

LOL --- Remember when I write -- I'm writing for EVERYONE that reads... so that wasn't aimed AT you.... it's more a general "here's my take on Cramer".

I think the guy is brilliant... but not an "investing 102" kinda guy. He's very sophisticated -- has more info at the tip of his tongue than about 90 guys do... but he's "too broad" and he's too out in front and makes too many calls buy sell and hold...

What I use him for is good general "fast" knowledge and he seems to have a very good overall take on many "situations". If I was just starting out in investing -- I wouldn't have a clue what he's talking about most of the time.

I think that after doing this for awhile -- what I've come down to believe is that you don't need to know every little detail about 10 gazillion stocks... That is the "noise" I refer to.

I wouldn't know how to start my day without him - but the guy I really miss is Mark Haines!

Greg, Mark was the guy on CNBC that just died ??? That guy I liked. I like Kudlow too.. There is a lot of noise about the ups and downs, but I need to watch something in the early AM with Coffee. I don't buy on the info, but it is good to get different perspectives on investments.

Cramer is moving at a fast pace, but I watch him sometimes to see where he is headed.. but don't blink, cause you will miss 5 things that he just said...hyper guy Cramer is...

**GregWeld** · #10 01-26-2012, 08:47 AM

Quote:

Originally Posted by solarguy09

Greg, Mark was the guy on CNBC that just died ??? That guy I liked. I like Kudlow too.. There is a lot of noise about the ups and downs, but I need to watch something in the early AM with Coffee. I don't buy on the info, but it is good to get different perspectives on investments.

Cramer is moving at a fast pace, but I watch him sometimes to see where he is headed.. but don't blink, cause you will miss 5 things that he just said...hyper guy Cramer is...

Yes... Sadly Mark passed away suddenly. That guy could really drill down on the root issues.

My routine is up early - coffee pot - auger down in my corner of the sofa - put CNBC on and fire up the laptop. Check all the news and anything that might affect my stocks (looking for BIG NEWS - not noise)... and then read Lat G...

Being retired has it's pluses!