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Thread: investing tips

  1. #1
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    Default investing tips

    we type about saving money....
    But what about investing money?

    This would normally be in the dollar den but more girls read this thread....

    What are you investing in? What books have or do you read to get tips in investing?

    Do blue chip stocks exist anymore?

    How much is needed to start investing in BP, Exxon or Phillips?

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    Banned Melonie's Avatar
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    Default Re: investing tips

    This would normally be in the dollar den but more girls read this thread....
    Your thread got 'bumped' to Dollar Den anyhow ... which is actually the proper place for it


    What are you investing in?
    Personally ... at the moment ... Swiss Francs, physical gold, Chinese mining company shares


    How much is needed to start investing in BP, Exxon or Phillips
    Well, buying standard 100 share blocks of their stocks to minimize brokerage fees would cost about $4450, $8150, and $7200 respectively


    Do blue chip stocks exist anymore?
    In terms of traditional 'blue chip' characteristics like steady / increasing share price, steady / increasing dividends etc. the 'real world' answer is NO.


    What books have or do you read to get tips in investing
    One excellent starting point is the Motley Fool -



    In would also add that due to various gov't regulations it is impossible for myself or any other dollar den poster who is not an accredited 'professional' to offer specific investment advice. However, that doesn't mean that we can't post various threads that do contain 'professional' opinions ... then leaving it to dollar den readers to decide for themselves whether that opinion is total propaganda versus wishful thinking versus valid financial analysis.

    However there one piece of basic investment advice that still appears to hold true ... 'Don't Fight the FED' !!!

    ~
    Last edited by Melonie; 05-24-2011 at 02:21 PM.

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    Default Re: investing tips

    I didn't know that it was bumped as I posted it in here earlier.
    I suppose not too many are reading and have any wisdom on it besides you Melonie.
    I'm going to find that book. Thanks.

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    Default Re: investing tips

    also Prof. Steven Bauer offers a very good FREE course on investing. Check out and then scroll down near the bottom of the page for links to the individual topics.

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    Default Re: investing tips

    melonie, do you follow any of suze orman's suggestions? i read a book of hers recently but it was years old and the info was quite outdated.

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    Default Re: investing tips

    Since the stock market crash of 2007, I have sold all my bank stocks, most for a loss. I have held one durable goods manufacturer and increased my holdings in it through the recession. I have bought other US durable goods manufacturers. I have not bought any shares, other than through the DRIP in the last six months though. While I like the current durable goods balance of trade surplus for the US, I don't really think it will last. But, I'm up over 100% for the last two years. So, it's time to start thinking about selling.

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    Default Re: investing tips

    melonie, do you follow any of suze orman's suggestions?
    I agree with just about everything Suzie Orman says at the level of basic finance and approach to investing. However, I go my own way when it comes to CHOOSING particular investments ... often in a direction contrary to Suzie and mainstream financial media.


    While I like the current durable goods balance of trade surplus for the US, I don't really think it will last.
    I hear you ... i.e. the fate of US manufacture for export countries is inexorably tied to the exchange rate of the US dollar. If Greece defaults, if Israel or some other middle eastern country enters a 'hot' war etc. the dollar will again be the 'least of the evils' and the dollar exchange rate strengthens, the US export products will instantly become too 'expensive' to sell in Europe / Asia / 3rd world countries.

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    Default Re: investing tips

    Beware the Pollyannas like Suze Orman and Larry Kudlow. While I agree with both of them about many things, on balance they have both proven to be overly optimistic.

    For now, I am in general agreement with Melonie. I am invested in physical gold; gold and other mining stocks; oil ; oil companies and basic commodities.

    I am also looking for "defensive " stocks that will stay profitable despite inflation.
    Last edited by Eric Stoner; 05-30-2011 at 08:08 AM.

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    Default Re: investing tips

    ^^^ defensive as in Tiffany, Porsche, Sotheby's, Louis Vuitton / Moet / Hennessey ?




    The obvious point I'm trying to make is that deliberate inflation policy directly helps the rich 'investor' class ... because the US dollar price levels of ( most of ) their investments track upward right along with inflation of the US dollar !!! In turn, the more their investments 'inflate', the more comfortable they are in spending big bucks on luxury items.

    ~
    Last edited by Melonie; 05-26-2011 at 03:38 PM.

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    Default Re: investing tips

    Busty,

    In all honesty, most individuals are not equipped, nor have the cash, to create a properly diversified portfolio of stocks, bonds and commodities. For most individual investors, a diversified portfolio of mutual funds makes the most sense. Not only can the funds buy these securities in sufficient quanitities, but they are run by people who pick investments for a living.

    Before you begin, however, you need to figure out how long it will be until you might need some or all of that cash. Most financial planning types would push the portion that you might need in the next few years to safer funds, including money market and gov't cash products, while allocating more of your longer-term money towards investments such as domestic and international stock funds.

    Vanguard anf Fidelity are both great places to start IMHO. They have a lot of tools on their sites and their funds generally have lo expenses and no sales charges.

    Anyway, good luck!

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    Default Re: investing tips

    start reading www.motleyfool.com and www.seekingalpha.com

    also, look into a couple companies right now while they're still down.

    Uranium Resources (URRE), Denison Mines (DNN), Cameco (CCJ)

    those are all good choices aslong as they're long term investments.

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    Default Re: investing tips

    book recommendations are most helpful, as i find the glare of the computer screen to be a bit unbearable when attempting to read news online.

    i would love any finance book recommendations that anyone has felt really helped them gain new perspective on how to be more financially successful!

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    Default Re: investing tips

    Quote Originally Posted by camille27 View Post
    book recommendations are most helpful, as i find the glare of the computer screen to be a bit unbearable when attempting to read news online.

    i would love any finance book recommendations that anyone has felt really helped them gain new perspective on how to be more financially successful!
    "Stocks for the Long Run" is a good read if you're into it, by Jeremy J. Siegel. Keep in mind that a majority of his book covers investing from 1900-2000, so many points about stocks are irrelevant now, but the basics are still there.

    I always prefered funds... like someone said above, most people lack the ability to pick a properly diversified portfolio without a huge chunk of your investment being taken away due to commissions and fees.

    For fun... I do a lot of speculation on options trading. Great way to blow your money.
    Isocrates: “Democracy destroys itself because it abuses its right to freedom and equality. Because it teaches its citizens to consider audacity as a right, lawlessness as a freedom, abrasive speech as equality, and anarchy as progress.”

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