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Post by Ebener 12 on Feb 23, 2009 16:34:49 GMT -5
Is taking a beating right now
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Post by Gossip Girl on Feb 23, 2009 16:39:32 GMT -5
Fascinating.
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Post by Gossip Girl on Feb 23, 2009 16:39:52 GMT -5
Prolly shoulda held onto your money
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Post by Ebener 12 on Feb 23, 2009 16:41:03 GMT -5
Yeah I still think long-term it will be fine
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Post by Sheryl Yoast on Feb 23, 2009 16:41:34 GMT -5
Yeah I still think long-term it will be fine Agreed.
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Post by Gossip Girl on Feb 23, 2009 16:43:36 GMT -5
Long term you are almost certainly going to be fine, but think about it this way. If you put your money into a risk free investment, like a short term T bill, or a 6 month CD, you could gain interest on that shit and then buy the stocks now for even less than you bought them for when you originally invested. AKA you get more shares for the same amount of money invested, making your investment more valuable.
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Post by Speed Racer on Feb 23, 2009 16:44:05 GMT -5
I'm just banking on those little five dollar scratch-off tickets right now.
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Post by Ebener 12 on Feb 23, 2009 16:46:20 GMT -5
I'm just banking on those little five dollar scratch-off tickets right now. I went on a frenzy for about 2 weeks
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Post by Speed Racer on Feb 23, 2009 17:11:00 GMT -5
I'm just banking on those little five dollar scratch-off tickets right now. I went on a frenzy for about 2 weeks I'm on like an 8-month long frenzy right now.
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Post by Rocky on Feb 23, 2009 17:13:15 GMT -5
Long term you are almost certainly going to be fine, but think about it this way. If you put your money into a risk free investment, like a short term T bill, or a 6 month CD, you could gain interest on that shit and then buy the stocks now for even less than you bought them for when you originally invested. AKA you get more shares for the same amount of money invested, making your investment more valuable.
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Post by Ebener 12 on Feb 23, 2009 17:14:16 GMT -5
I went on a frenzy for about 2 weeks I'm on like an 8-month long frenzy right now. Hah thats crazy, didnt you have like a grand winner?
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Post by Speed Racer on Feb 23, 2009 17:15:11 GMT -5
Yeah, I won a thousand and now I can't stop, haha.
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Post by Rocky on Feb 23, 2009 17:15:48 GMT -5
Long term you are almost certainly going to be fine, but think about it this way. If you put your money into a risk free investment, like a short term T bill, or a 6 month CD, you could gain interest on that shit and then buy the stocks now for even less than you bought them for when you originally invested. AKA you get more shares for the same amount of money invested, making your investment more valuable. JK
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Post by Spencer on Feb 23, 2009 17:16:25 GMT -5
I only have Walmart stock that was given to me. It seems to be doing fine still.
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Post by DB on Feb 23, 2009 17:18:14 GMT -5
I went on a frenzy for about 2 weeks I'm on like an 8-month long frenzy right now. i never win shit with them.
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Post by Ebener 12 on Feb 23, 2009 17:20:06 GMT -5
Yeah, I won a thousand and now I can't stop, haha. Hows the luck since then
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Post by Speed Racer on Feb 23, 2009 17:24:46 GMT -5
Nothing big. I'll win 20 or 40 dollars a good bit but then just funnel it back into tickets until I end up with nothing again.
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Post by cjmjones008 on Feb 23, 2009 19:52:23 GMT -5
Long term you are almost certainly going to be fine, but think about it this way. If you put your money into a risk free investment, like a short term T bill, or a 6 month CD, you could gain interest on that shit and then buy the stocks now for even less than you bought them for when you originally invested. AKA you get more shares for the same amount of money invested, making your investment more valuable. or you could buy a stable stock with a much higher dividend then a CD
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Post by jahallstar on Feb 23, 2009 20:08:11 GMT -5
such as? Is anything stable now with a high yield?
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Post by jahallstar on Feb 23, 2009 20:12:01 GMT -5
I have most of my stuff in a money market now....I mean 3.25% sucks but in this economy it is good.
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Post by cjmjones008 on Feb 24, 2009 8:56:22 GMT -5
there have been a lot of stocks bouncing back and forth between a certain range for awhile. Taiwan Semiconductor (TSM) is known for never going anywhere and having a high yield. It is currently 7.34 and normally trades between 8 and 9 from what I've read and heard on tv. A couple of other stocks with high yields that haven't gone down much but I'm not looking to buy because they are going to keep going down are NAT and EPD. They are both still higher than they were when the DOW went below 7600 though.
I'll post any other stocks I can remember but those are a few I've been watching for awhile because of their yield.
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Post by easy on Feb 24, 2009 9:17:26 GMT -5
I have most of my stuff in a money market now....I mean 3.25% sucks but in this economy it is good. Yeah same here.. I think I've got the same % and it'll go up if I reach a certain balance, I'm almost there. Money Market > Stock Market if you've got expendable money than sure get some stocks but if you don't and you're buying stocks.. you're making a big mistake.
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Post by jahallstar on Feb 24, 2009 9:33:50 GMT -5
there have been a lot of stocks bouncing back and forth between a certain range for awhile. Taiwan Semiconductor (TSM) is known for never going anywhere and having a high yield. It is currently 7.34 and normally trades between 8 and 9 from what I've read and heard on tv. A couple of other stocks with high yields that haven't gone down much but I'm not looking to buy because they are going to keep going down are NAT and EPD. They are both still higher than they were when the DOW went below 7600 though. I'll post any other stocks I can remember but those are a few I've been watching for awhile because of their yield. TSM has gone down 24% in the last 12 months. Yes that is less than the average but what I am saying is it makes more sense to get +3.25% than -17% (adding in the dividend at 7%). Long term there are killer buys right now....They just might be even better buys if you wait 6 months. BAC for example. If you put $5,000 into it now there is a 90% chance that turns into $40,000 withing 6 years. There is another 10% chance that banks get nationalized and the stock is crap.
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Post by easy on Feb 24, 2009 9:50:23 GMT -5
there have been a lot of stocks bouncing back and forth between a certain range for awhile. Taiwan Semiconductor (TSM) is known for never going anywhere and having a high yield. It is currently 7.34 and normally trades between 8 and 9 from what I've read and heard on tv. A couple of other stocks with high yields that haven't gone down much but I'm not looking to buy because they are going to keep going down are NAT and EPD. They are both still higher than they were when the DOW went below 7600 though. I'll post any other stocks I can remember but those are a few I've been watching for awhile because of their yield. TSM has gone down 24% in the last 12 months. Yes that is less than the average but what I am saying is it makes more sense to get +3.25% than -17% (adding in the dividend at 7%). Long term there are killer buys right now....They just might be even better buys if you wait 6 months. BAC for example. If you put $5,000 into it now there is a 90% chance that turns into $40,000 withing 6 years. There is another 10% chance that banks get nationalized and the stock is crap. It wouldn't surprise me if banks are nationalized whatsoever.. doesn't the govt have 40+% in citibank now?
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Post by jahallstar on Feb 24, 2009 10:06:09 GMT -5
A bank and all banks are two totally different things. BAC getting nationalized would be a big deal.
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