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Originally Posted by sammyg2 View Post
I hate you

seriously, good move. Took some gutts but it's paid off well.
I thought about it at the time but as soon as I did my attachments crawled up inside and wouldn't come out no matter what.
I bought at $3.20, then it went down to about $1.2 +/-. I keep thinking how much more I could have made, but that would be like shooting a 66 at Pebble Beach and worrying about that bogey on the 8th hole. I'll take it.

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Old 01-04-2011, 07:55 AM
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Old 01-04-2011, 08:18 AM
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Old 01-04-2011, 08:26 AM
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Originally Posted by BRPORSCHE View Post
I am quite jealous of you guys. ....

Until then my 401(k) is set at 10% and my employer matches 4%.

I am looking forward to 2011.
Do that for 25 years, spread across diversified, low cost funds, and you'll do just fine as many have suggested. Lots of good advice here and on the other threads. As others have aluded, you can absolutely beat the market, but certainly not at "their own" game. IMO, if one knows "their field" (I was in IT), you can hit a few grandslams along with the above strategy and do quite well. I made a few trades last year (damn BP, HPQ, etc. ), because I became disgusted with some corps I'd owned for years and I made adjustments, but don't "trade" per se...I'm a Buffet type. Normally, I couldn't answer the thread question with other than "good", since I don't preoccupy myself with this stuff, but I came in somewhere around 25% last year, a LOT better than that in 2009, but I'm expecting a good correction any day now...doesn't matter

Last edited by KFC911; 01-04-2011 at 09:50 AM..
Old 01-04-2011, 09:48 AM
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indiv. stocks in tech did about 9% tho I am not a 1 year "kinda guy" - some other accounts did better, nothing over 20% I don't think.

just bought a couple of PV solar stocks...
Old 01-04-2011, 09:56 AM
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As a reference point, the broader markets were all up about 10-11%. They were up double digits the year before, too. So while we're still down from the all time highs, we should all have been seeing double digit increases over the last two years.

Did I? No, because I broke my own rule and was out of the market too long. My wife and I just talked about it between Christmas and New Year's and she reminded me to put all the money in my Keogh's money market account into index funds to take advantage of the increases we expect this year. I should have done it long ago. I'll have about half in three stocks I like a lot (and one I hate but now I have it) and the other half equally split between the S&P 500, NASDQ, and a DOW index fund. No international funds. Trust me, they're the next bubble.

Oil and comodities are going to go crazy this year, but inflation will remain extremely low. Manufacturers won't be able to pass on cost increases. Maybe that will change in 2012, but it won't in 2011. Gold will keep going up for a while, but when it crashes, it will be a bubble for the ages.

Anyone want to keep tabs on their investments and compare them to a mixed portfolio of the S&P 500/DOW and NASDQ?
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Old 01-04-2011, 10:39 AM
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I am quite jealous of you guys. I wish I had more cash in reserve to play with stocks. I am very tempted to put down some cash in certain oil stocks but the volatility scares the schite out of me! I am poised to make a transfer in the coming weeks that will double my salary. Hopefully then I can start playing around with my investments. Until then my 401(k) is set at 10% and my employer matches 4%.

I am looking forward to 2011.
That's how I got started.
30 years of putting away between 10 and 14%, having employer match 7% (recently fell to 6%) it adds up quickly.
Old 01-04-2011, 11:09 AM
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That's how I got started.
30 years of putting away between 10 and 14%, having employer match 7% (recently fell to 6%) it adds up quickly.
Now Sammy, you're not that old...were you that wise at 19? I sure as heck wasn't, but you are spot on . The STUPIDIST thing I've ever done was to use my first 401K (new job) to payoff a Supra Turbo at age 27...Tom is way smarter than I was I'm sure...
Old 01-04-2011, 11:58 AM
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Now Sammy, you're not that old...were you that wise at 19? I sure as heck wasn't, but you are spot on . The STUPIDIST thing I've ever done was to use my first 401K (new job) to payoff a Supra Turbo at age 27...Tom is way smarter than I was I'm sure...
I just hit the big 5-0 and when I dropped out of college and got a job as a millwright I remember saying, "now wait a minute. I put a dollar in savings and they put another dollar in for me? what's the catch?"

I definately wasn't wise when I was a kid, but I've always been cheeeep and hated spending money.
Old 01-04-2011, 12:05 PM
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70% increase, mostly Ford stock. Since buying it two years ago, it's gone up 500%. Not bad.
U mean U didn't buy Ford at a buck a share?
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Old 01-04-2011, 12:11 PM
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I just hit the big 5-0 and when I dropped out of college... .
You quitter...we're the same age, I just colleged/partied a bit longer
Old 01-04-2011, 12:12 PM
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This Thread is the blind leading the blind...
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Old 01-04-2011, 12:19 PM
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...Anyone want to keep tabs on their investments and compare them to a mixed portfolio of the S&P 500/DOW and NASDQ?
That would be interesting indeed. How would you "mix" and compare them? Average the 2 (S&P & Nasdq) or 3 (w/ DOW) returns at year's end and compare (not weighted equally, but a good enough)? Seems like that would be pretty easy for all of us to do next year this time...
Old 01-04-2011, 12:24 PM
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This Thread is the blind leading the blind...
Whack! Dang...broke my white cane!
Old 01-04-2011, 12:26 PM
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Originally Posted by MRM View Post
As a reference point, the broader markets were all up about 10-11%. They were up double digits the year before, too. So while we're still down from the all time highs, we should all have been seeing double digit increases over the last two years.

Did I? No, because I broke my own rule and was out of the market too long. My wife and I just talked about it between Christmas and New Year's and she reminded me to put all the money in my Keogh's money market account into index funds to take advantage of the increases we expect this year. I should have done it long ago. I'll have about half in three stocks I like a lot (and one I hate but now I have it) and the other half equally split between the S&P 500, NASDQ, and a DOW index fund. No international funds. Trust me, they're the next bubble.

Oil and comodities are going to go crazy this year, but inflation will remain extremely low. Manufacturers won't be able to pass on cost increases. Maybe that will change in 2012, but it won't in 2011. Gold will keep going up for a while, but when it crashes, it will be a bubble for the ages.

Anyone want to keep tabs on their investments and compare them to a mixed portfolio of the S&P 500/DOW and NASDQ?
What in the world makes you think Gold is the next Bubble?

Did U hear of QE2? Exactly what is the Fed policy here? Do you know that Bernanke is playing a dangerous game? The risks are high. Take a look at when QE2 was announced and Gold tokk a bump in price...Hmmm just maybe there is a correlation here?

Did yo hear about the Sovereign Debt crisis in Europe and how it reflects on the Euro?

Do you realize the USA is sporting a 14T USD debt and they are going tohave to raise the debt ceiling?

Have you been paying attention to the various state budget crisis's.

And the price of Gold is going to go down?

Ouiet frankly this is azz backwards thinking...The way U should look at it is...

The price of Gold isn't going up, but the value of your currency is going DOWN.

Further since Gold is basically a commodity like oil or corn etc and you say they are going to go crazy...that is inflationary..and your stating Gold is a bubble..is a contradiciton in terms. Which is it?

U say the mfg's won't be able to pass on the prices...have you bin to the Grocery store, or bought a gallon of gasoline lately?

U can't see the forest for the trees...where is your long view...of how the system is working?
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Last edited by tabs; 01-04-2011 at 01:08 PM..
Old 01-04-2011, 12:59 PM
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Funny - said the exact same thing this morning about gas prices. Your money just buys less.
Old 01-04-2011, 01:10 PM
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International funds are the "Next Bubble"..hmmm the growth in the world is in the developing economies and one of the reasons why US corps are doing well is that they are selling into that development....

The US and Europe are in a slow growth mode...U see all that debt they are carrying is like a ball and chain..or in other words a drag on their economies..and one can say thank you to the social democracy advocates for that one.

Now if some were astute in their thinking they could see that the Mother of all bubbles is SOVEREIGN DEBT...

The SD primarily of the USA and Europe has reached the proportions where it is putting the entire Global economy at risk. As a mateer of fact the sytem is so out of balance as to make the system act erractically. For example QE2 was supposed to bring the 10 year US T Bill down from 2.5% to 2% and what happend the 10 year is now trading at 3.35%. It went from 2.5% to as high as 3.5% in about 1 months time...that is a very quick move upward for such a short period of time.

The commodities including Gold and Oil have been on an upward spiral since the institution of QE2...

The Stock Market on the other hand started going up in September when it began to be apparent that the Republicans would take back the House and possibly the Senate. and QE2 was instituted. Take yer choich as far as causation?

So what stage is this setting?
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Old 01-04-2011, 01:28 PM
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Old 01-04-2011, 01:32 PM
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Quote:
Originally Posted by sammyg2 View Post
That's how I got started.
30 years of putting away between 10 and 14%, having employer match 7% (recently fell to 6%) it adds up quickly.
Thanks Sammy. I don't see myself staying at this company for 30 years but I do see myself adding to my 401(k) every year. I learned from a very young age that I don't touch it until I retire. Also, compound interest, compound interest, compound interest.

You know anthing about CHK?
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Old 01-04-2011, 01:42 PM
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Old 01-04-2011, 01:53 PM
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