Money Stocks - Page 5

crispystl · 07-01-2013, 07:50 PM

Does anyone who knows what they're doing have any good suggestions?

Thanks!!

**MahiMike** · 07-03-2013, 07:19 AM

I get Porter's monthly report and stick to that. Straight stock picks - no mutual funds. Those are designed by Wallstreet to steal your money.

http://www.stansberryresearch.com/

KC native · 07-03-2013, 07:47 AM

Quote:

Originally Posted by MahiMike

I get Porter's monthly report and stick to that. Straight stock picks - no mutual funds. Those are designed by Wallstreet to steal your money.

http://www.stansberryresearch.com/

No, they're not.

And Porter Stansberry is a fraud (He lost an SEC suit because his newsletter was baselss speculation and not real research). He doesn't manage money. He makes his money from selling newsletters.

KC native · 07-03-2013, 07:52 AM

A decent summary of Stansberry's case

http://briandeer.com/stansberry/stan...rch-scam-1.htm

Time's Yours · 07-03-2013, 08:35 AM

Quote:

Originally Posted by ReynardMuldrake

That's a very broad brush you're using. You make it sound like no one has ever made money buying a stock, which is just silly.

That's not what he said at all. He said that lots of people are making money off stocks, but the experts don't beat the average market return by enough to cover their fees over the long term.

In other words, you'll make just as much money buying a no-fee index fund as you would if you purchased an actively managed fund.

tredadda · 07-03-2013, 08:35 AM

If you are not sure what stock to invest in, or are unwilling to research a particular stock then just invest in ETFs and Index Funds. They are designed just for that purpose. In essence you are investing in the market as a whole, or at least a sector of it (as is the case with ETFs). The best part is you save money as you do not need any financial adviser to do that. This gives you more money to invest.

ReynardMuldrake · 07-05-2013, 10:15 AM

Quote:

Originally Posted by ReynardMuldrake

As far as picks go, I'm big on CLDX right now. Bought in at $13.xx last month, already above $16. I think it's going to go a lot higher. I also have a lot of money in INTC.

CLDX just broke $20.00. Up 50% from one month ago. Crazy.

Mojo Rising · 05-14-2014, 11:46 PM

Like a mock draft. It is best to look back at our picks after some time. TSLA has gone from $117 to $190 (Dane Mcdouche actually neg repped me on that post). Not only would have been a good at $55 but at $85.

CLDX had a run but has returned to the $15 range. Emerging Markets had a rough year last year.

There seemed to be a tone that Financial Advisors are just Sales People that do not have your best interest at heart. I disagree. My buddy is a Financial Advisor and from what I hear a large part of his job is to understand what people's investment goals are and how much risk can they tolerate.

I would also be weary of Advisors who sell investments for the company for whom they work for. They might be Sales People as they don't exercise judgement for what is right for the client, they just repeat the company line as was stated in prior posts.

What are the best picks moving forward?

Exoter175 · 05-15-2014, 02:48 AM

It doesn't matter if your grandmother was a financial advisor and baked you cookies while working up a portfolio for you, at the end of the day, (best quote ever) "We are all salesmen". The trick to not losing your ass as soon as you get a foot in the door, is educating yourself in how trades work, and how to properly research your investments. There's a reason there is an old time saying "---------- will pay dividends", because at the end of the day, it isn't always about your % return on general price, its about companies running in the black and producing dividends for you. I've had years where my % return was less than my yearly dividends, and my portfolio isn't exactly tiny, the market as a whole just got sour, but there I was still in the black year after year, starting back to my sophomore year in my "intro to computers" class, where I got to keep a tab open to monitor opening bell activity.

I've been riding Honeywell for nearly 13 years now, safe to say its the best investment I've ever made, better than Apple and Google for the short period I was in them and turned a profit. The steady dividends and yearly returns are just superb for a long term position.

**Buehler445** · 05-15-2014, 07:18 AM

Quote:

Originally Posted by Mojo Rising

Like a mock draft. It is best to look back at our picks after some time. TSLA has gone from $117 to $190 (Dane Mcdouche actually neg repped me on that post). Not only would have been a good at $55 but at $85.

CLDX had a run but has returned to the $15 range. Emerging Markets had a rough year last year.

There seemed to be a tone that Financial Advisors are just Sales People that do not have your best interest at heart. I disagree. My buddy is a Financial Advisor and from what I hear a large part of his job is to understand what people's investment goals are and how much risk can they tolerate.

I would also be weary of Advisors who sell investments for the company for whom they work for. They might be Sales People as they don't exercise judgement for what is right for the client, they just repeat the company line as was stated in prior posts.

What are the best picks moving forward?

Unfortunately, there are a lot of salesman calling themselves advisors. It is mind bogglingly easy to get a Series 6 and be an "advisor", all the while knowing as much about finance as a 4th grader.

As far as picks, I haven't done any research, but I probably wouldn't own deere or cnh. Depending on their numbers, a guy could do well with ADM. Tyson, Cargill, Seaboard may be worth a look.

**ChiTown** · 05-15-2014, 07:19 AM

Vandelay Industries. It's a BUY!

Dayze · 05-15-2014, 07:27 AM

AJ Pennypacker

durtyrute · 05-15-2014, 07:27 AM

Quote:

Originally Posted by ChiTown

Vandelay Industries. It's a BUY!

I must rep you for this. A friend that I work with just brought in a J. Peterman Catalog the other day. Gold!

Mojo Rising · 05-15-2014, 11:24 AM

Quote:

Originally Posted by Buehler445

Unfortunately, there are a lot of salesman calling themselves advisors. It is mind bogglingly easy to get a Series 6 and be an "advisor", all the while knowing as much about finance as a 4th grader.

As far as picks, I haven't done any research, but I probably wouldn't own deere or cnh. Depending on their numbers, a guy could do well with ADM. Tyson, Cargill, Seaboard may be worth a look.

The Series 6 is a joke. From what I have heard they are usually Annuity Salespeople or the guy/gal sitting in the bank branch lobby for when grandma cashes in her CD.

Dragonocho · 05-15-2014, 01:07 PM

I've had success as a personal investor based off a few principles I learned in college, picked up from reading and gained from experience over 25 years.

Hit the books. Read what successful investors said they did and it will illuminate the playing field somewhat. You don't have their resources so you cannot duplicate what they did but it's enlightening and demystifying.

If you're mathematically inclined build your own personal stock evaluation system based on your risk tolerance - watch the brokerage fees and understand the impact of capital gains and taxes on dividends as you advance - and you will advance. Research is irreplaceable.

Stay in markets sectors that act in a way that you understand before, during, and/or after. (Shipping/transportation is fairly straightforward but watch management closely on foreign stocks that often dilute their shares).

Keep some small percent of your investment in speculative investments - it keeps your interest over time and occasionally you get a fantastic windfall.

Day trading is seductive but can consume too much of your life and in my opinion leads you to speculate far too much.

**Buehler445** · 05-15-2014, 01:20 PM

Quote:

Originally Posted by Mojo Rising

The Series 6 is a joke. From what I have heard they are usually Annuity Salespeople or the guy/gal sitting in the bank branch lobby for when grandma cashes in her CD.

Exactly. They give actual planners a bad name.

07-01-2013, 07:50 PM
crispystl MVP Join Date: Jun 2004 Casino cash: $1725140	Stocks Does anyone who knows what they're doing have any good suggestions? Thanks!!
Posts: 6,611

07-03-2013, 07:19 AM	#61
MahiMike He's Mahomie! Join Date: Aug 2001 Location: Jax, FL Casino cash: $10023443	I get Porter's monthly report and stick to that. Straight stock picks - no mutual funds. Those are designed by Wallstreet to steal your money. http://www.stansberryresearch.com/ __________________ 99.9%
Posts: 17,387

07-03-2013, 07:52 AM	#63
KC native Banned Join Date: Feb 2009 Location: Fort Worth, TX Casino cash: $10049239	A decent summary of Stansberry's case http://briandeer.com/stansberry/stan...rch-scam-1.htm
Posts: 24,946

07-03-2013, 08:35 AM	#65
tredadda Three-Pat Join Date: May 2011 Location: Colorado Springs Casino cash: $1895053	If you are not sure what stock to invest in, or are unwilling to research a particular stock then just invest in ETFs and Index Funds. They are designed just for that purpose. In essence you are investing in the market as a whole, or at least a sector of it (as is the case with ETFs). The best part is you save money as you do not need any financial adviser to do that. This gives you more money to invest.
Posts: 16,972

05-14-2014, 11:46 PM	#67
Mojo Rising Veteran Join Date: Jul 2001 Location: OC Casino cash: $10009560	Like a mock draft. It is best to look back at our picks after some time. TSLA has gone from $117 to $190 (Dane Mcdouche actually neg repped me on that post). Not only would have been a good at $55 but at $85. CLDX had a run but has returned to the $15 range. Emerging Markets had a rough year last year. There seemed to be a tone that Financial Advisors are just Sales People that do not have your best interest at heart. I disagree. My buddy is a Financial Advisor and from what I hear a large part of his job is to understand what people's investment goals are and how much risk can they tolerate. I would also be weary of Advisors who sell investments for the company for whom they work for. They might be Sales People as they don't exercise judgement for what is right for the client, they just repeat the company line as was stated in prior posts. What are the best picks moving forward?
Posts: 1,792

05-15-2014, 02:48 AM	#68
Exoter175 Banned Join Date: Jul 2011 Location: Olathe Casino cash: $10003166	It doesn't matter if your grandmother was a financial advisor and baked you cookies while working up a portfolio for you, at the end of the day, (best quote ever) "We are all salesmen". The trick to not losing your ass as soon as you get a foot in the door, is educating yourself in how trades work, and how to properly research your investments. There's a reason there is an old time saying "---------- will pay dividends", because at the end of the day, it isn't always about your % return on general price, its about companies running in the black and producing dividends for you. I've had years where my % return was less than my yearly dividends, and my portfolio isn't exactly tiny, the market as a whole just got sour, but there I was still in the black year after year, starting back to my sophomore year in my "intro to computers" class, where I got to keep a tab open to monitor opening bell activity. I've been riding Honeywell for nearly 13 years now, safe to say its the best investment I've ever made, better than Apple and Google for the short period I was in them and turned a profit. The steady dividends and yearly returns are just superb for a long term position.
Posts: 2,327

05-15-2014, 07:19 AM	#70
ChiTown Stroking to the SB Champs! Join Date: Aug 2000 Location: Flatlands of Kansas Casino cash: $3323962	Vandelay Industries. It's a BUY! __________________
Posts: 39,319

05-15-2014, 07:27 AM	#71
Dayze Resident Glue Sniffer Join Date: Nov 2003 Casino cash: $5199358	AJ Pennypacker __________________ Life is 99% inspiration, 1% Perspiration, and 1% Attention to Detial. RIP & Godspeed: Saccoppo Lonewolf Ed Fire Me Boy
Posts: 37,358

05-15-2014, 01:07 PM	#74
Dragonocho Artist of the Bob Ross School Join Date: Dec 2010 Location: Lansing Casino cash: $10000533	I've had success as a personal investor based off a few principles I learned in college, picked up from reading and gained from experience over 25 years. Hit the books. Read what successful investors said they did and it will illuminate the playing field somewhat. You don't have their resources so you cannot duplicate what they did but it's enlightening and demystifying. If you're mathematically inclined build your own personal stock evaluation system based on your risk tolerance - watch the brokerage fees and understand the impact of capital gains and taxes on dividends as you advance - and you will advance. Research is irreplaceable. Stay in markets sectors that act in a way that you understand before, during, and/or after. (Shipping/transportation is fairly straightforward but watch management closely on foreign stocks that often dilute their shares). Keep some small percent of your investment in speculative investments - it keeps your interest over time and occasionally you get a fantastic windfall. Day trading is seductive but can consume too much of your life and in my opinion leads you to speculate far too much.
Posts: 884