The Cellar

The Cellar (http://cellar.org/index.php)
-   Home Base (http://cellar.org/forumdisplay.php?f=2)
-   -   What do you want ME to do? (http://cellar.org/showthread.php?t=16503)

Undertoad 02-05-2008 03:38 PM

Buy GOOG today while it's still a full third off its bubbly price. It won't be for long... the reasons people are dropping it are inconsequential.

lookout123 02-05-2008 03:41 PM

What's the P/E UT?

Undertoad 02-05-2008 05:03 PM

Oh it's like 38. Which is teeny for Google. This one you buy for its current price over its future earnings. Which will double twice more, t'ain't nothing stopping her.

lookout123 02-05-2008 05:07 PM

could be. not my style though. i never buy based on future numbers. i'm a value guy.

HungLikeJesus 02-05-2008 10:52 PM

What do you think of gold and special minerals funds?

lumberjim 02-06-2008 12:56 AM

ha ha.

you started a mock thread, and it's turning into you having to give investment advice.

ha ha.

lookout123 02-06-2008 11:52 AM

ah, you can't steer a thread.

i think gold looks pretty. but i'm partial to platinum.

to be serious though, i have a long term focus with investments. typically commodities are not good long term investments. they are excellent for trading in the short term, but can leave you flat or down over the long haul.

gold? everyone loves it now, but look at the track record if you'd purchased it 20 years ago.

oil? same story.

real estate? can find some great stories there, but look at the longer term.

Compare those to a decent conservative growth fund.

items that are supply and demand oriented rather than profit and loss driven tend to cause problems if held long term. they're too easily manipulated by current events and emotions. a case can be made for using a well managed fund that specializes in those areas, but even then be careful of your exposure.

FWIW - as always remember that past performance is not an indicator of future results.

classicman 02-06-2008 12:58 PM

Quote:

Originally Posted by HungLikeJesus (Post 430105)
What do you think of gold and special minerals funds?

I think I have some of those special minerals in my water. :::shrug:::

Urbane Guerrilla 02-08-2008 01:45 PM

LOL, Serp!

Shawnee, I agree -- not a necessity, but a valid option.

So how much is steering a thread like pushing a rope?

Shawnee123 02-08-2008 02:35 PM

UG...I think it was correct...you typed it as it shows on the keyboard. Makes perfect sense; my attempt at being clever dashed to bits by a damn keyboard. :)

barefoot serpent 02-08-2008 02:44 PM

Quote:

Originally Posted by Urbane Guerrilla (Post 430934)
So how much is steering a thread like pushing a rope?

Greg Giraldo (at Flavor Flav Roast) to Snoop Dogg:

He's smoked so much hemp, he once shit a rope.

HungLikeJesus 02-08-2008 06:33 PM

Quote:

Originally Posted by lookout123 (Post 430260)
...

to be serious though, i have a long term focus with investments. typically commodities are not good long term investments. they are excellent for trading in the short term, but can leave you flat or down over the long haul.

gold? everyone loves it now, but look at the track record if you'd purchased it 20 years ago.

oil? same story.

real estate? can find some great stories there, but look at the longer term.

Compare those to a decent conservative growth fund.
...

I'll let you know how it works out (OPGSX).


All times are GMT -5. The time now is 09:21 PM.

Powered by: vBulletin Version 3.8.1
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.