Pelican Parts
Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help



Go Back   Pelican Parts Forums > Miscellaneous and Off Topic Forums > Off Topic Discussions


Reply
 
LinkBack Thread Tools
Author
Thread Post New Thread    Reply
Team California
 
speeder's Avatar
 
Join Date: Jul 2001
Location: los angeles, CA.
Posts: 41,466
Garage
Quote:
Originally Posted by tabs View Post
It is called GAMBLING..

HEY just go in a put your money on the Pass line at the Craps table.
YOU put your money on the craps table. You're fantastically unqualified to tell anyone else what to do with their money.

__________________
Denis
Old 07-03-2021, 02:56 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #21 (permalink)
Registered
 
Join Date: Jan 2021
Posts: 2,959
speeder, what type of stocks are you looking for?

under-valued?
speculative
high growth
stable, high safety with good dividends?

some are for play money; others are for adding a little juice to income based mutual fund holdings
Old 07-03-2021, 03:05 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #22 (permalink)
Registered
 
Join Date: Jan 2021
Posts: 2,959
in any event, here are some tips from Peter Lynch:

divide p/e of stocks in T. Rowe Price New Horizons Fund by p/e of S&P 500; buy emerging growth stocks when the above index is < 1.2

before investing in a low-priced stock of a shaky company, see what's happening with the price of the bonds. If a company is solvent its bonds will sell for 100 cents on the dollar.

Look at a chart book (in libraries): buy stocks when the stock price is at or below the earnings line. Stock price higher than earnings line is a danger zone.

a stock should sell at or below its growth rate (the rate the company increases its earnings each year); but compare company p/e with p/e's of rest of market, too.

Valueline is a proven winner for advice

I have some other people to pay attention to also if you want
Old 07-03-2021, 03:08 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #23 (permalink)
Team California
 
speeder's Avatar
 
Join Date: Jul 2001
Location: los angeles, CA.
Posts: 41,466
Garage
Thank you.
__________________
Denis
Old 07-03-2021, 03:58 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #24 (permalink)
Registered
 
Join Date: Jul 2008
Location: New Jersey
Posts: 8,910
Quote:
Originally Posted by speeder View Post
Yep. I own a chunk of Blackberry, it's gone up slightly but if it ever takes off, I'll be laughing.
It would be nice if I posted the video of Cramer? This is back when Blackberry was "the" device and Apple was the new guy on the block.

Old 07-03-2021, 04:46 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #25 (permalink)
Registered
 
Join Date: May 2017
Posts: 15,527
Quote:
Originally Posted by thor66 View Post
in any event, here are some tips from Peter Lynch:

divide p/e of stocks in T. Rowe Price New Horizons Fund by p/e of S&P 500; buy emerging growth stocks when the above index is < 1.2

before investing in a low-priced stock of a shaky company, see what's happening with the price of the bonds. If a company is solvent its bonds will sell for 100 cents on the dollar.

Look at a chart book (in libraries): buy stocks when the stock price is at or below the earnings line. Stock price higher than earnings line is a danger zone.

a stock should sell at or below its growth rate (the rate the company increases its earnings each year); but compare company p/e with p/e's of rest of market, too.

Valueline is a proven winner for advice

I have some other people to pay attention to also if you want
Valueline is an excellent source . I read Lynch's "One Up on Wallstreet" when it came out. It is probably out of date by this time. I also subscribed to an investor club (can't remember it's name) that gave great advice on value investing. Never joined a club, just learned and used their methodology.
Old 07-03-2021, 05:20 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #26 (permalink)
 
Registered
 
Bill Douglas's Avatar
 
Join Date: Jun 2000
Location: bottom left corner of the world
Posts: 22,915
But cheap stocks are cheap because the company is not doing well. And unless you know something that the others don't know, it will probably get worse.
Old 07-03-2021, 06:10 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #27 (permalink)
Reg Reg is online now
Registered
 
Reg's Avatar
 
Join Date: Aug 2001
Location: Ontario, Canada
Posts: 2,462
It sure is gambling. Everything I have is self directed. I try to buy and hold and look for dividend paying stocks and reinvest such dividends on the blue chips. Play around with a few speculative.

Longtime holder of ‘RIM’ here too but sold 1/3 of my position at the big run up earlier this year. The 2/3 left is house money so we will see if anything comes of it. 😁
Old 07-03-2021, 07:53 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #28 (permalink)
A Man of Wealth and Taste
 
tabs's Avatar
 
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
The sp500 valuations scares me.
Old 07-03-2021, 11:35 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #29 (permalink)
jyl jyl is online now
Registered
 
jyl's Avatar
 
Join Date: Jan 2002
Location: Nor California & Pac NW
Posts: 24,869
Garage
SP500 is quite concentrated. Tech is 28% of it. AAPL AMZN MSFT FB GOOG TSLA are much of that. Without the FANG stocks, SP500 forward PE is almost 2 pts lower.
__________________
1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211
What? Uh . . . “he” and “him”?
Old 07-04-2021, 01:36 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #30 (permalink)
a.k.a. G-man
 
Geronimo '74's Avatar
 
Join Date: Sep 2003
Posts: 13,614
Quote:
Originally Posted by Bill Douglas View Post
The only advice I can give is don't listen to me.



My airport stocks aren't doing too well. Not quite the bounce back I had expected. However... I'm up about 58% on old peoples home (Retirement Villages) stocks. They seem OK.
I’ll do everyone a favor and not give advice on stuff like this.
I seem to have a peculiar talent to buy just before big dips.
Maybe my advice should be: see when I buy, get ready for dip, then buy at own risk.

Sorry, you’re on your own
__________________
Сидеть, ложь, Переворачиваться

Last edited by Geronimo '74; 07-04-2021 at 05:56 AM..
Old 07-04-2021, 04:40 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #31 (permalink)
?
 
Join Date: Apr 2002
Posts: 31,067
If you wanna know my awesome picks .... it's gonna cost ya!

But it'll be a fraction of what they cost me .
Old 07-04-2021, 05:54 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #32 (permalink)
A Man of Wealth and Taste
 
tabs's Avatar
 
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
FORD sales dropped 26.9% in the 2nd qtr.

https://www.cnbc.com/2021/07/02/fords-june-sales-decline-by-26point9percent-as-company-misses-q2-expecta

You figure out what that means.
__________________
Copyright

"Some Observer"
Old 07-04-2021, 08:17 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #33 (permalink)
jyl jyl is online now
Registered
 
jyl's Avatar
 
Join Date: Jan 2002
Location: Nor California & Pac NW
Posts: 24,869
Garage
Quote:
Originally Posted by tabs View Post
FORD sales dropped 26.9% in the 2nd qtr.

https://www.cnbc.com/2021/07/02/fords-june-sales-decline-by-26point9percent-as-company-misses-q2-expecta

You figure out what that means.
Toyota sales +73% in units in 2Q.

Semi shortage, handled differently by each.
__________________
1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211
What? Uh . . . “he” and “him”?
Old 07-04-2021, 09:08 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #34 (permalink)
Registered
 
Join Date: May 2017
Posts: 15,527
Quote:
Originally Posted by tabs View Post
FORD sales dropped 26.9% in the 2nd qtr.

https://www.cnbc.com/2021/07/02/fords-june-sales-decline-by-26point9percent-as-company-misses-q2-expecta

You figure out what that means.
Wrong, again.

Ford sold 475,327 vehicles during the second quarter, a 9.6% increase from a year earlier when the coronavirus pandemic caused Americans to shelter in place
For June, the automaker said Friday that its sales declined by 26.9%, including a roughly 30% drop in its F-Series pickups.
Old 07-04-2021, 09:28 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #35 (permalink)
Registered
 
Join Date: Dec 2010
Location: Sacramento, CA
Posts: 463
No Bogleheads in this thread? Buy and hold index funds. 90% of managed funds underperform the index over at 10 year period. Picking individual stocks as a retail investor is a fools errand, you will never out trade the machines. You also want to avoid triggering short term capital gains thru active trading, IMHO.
Old 07-04-2021, 10:29 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #36 (permalink)
Team California
 
speeder's Avatar
 
Join Date: Jul 2001
Location: los angeles, CA.
Posts: 41,466
Garage
Quote:
Originally Posted by SeanPizzle View Post
No Bogleheads in this thread? Buy and hold index funds. 90% of managed funds underperform the index over at 10 year period. Picking individual stocks as a retail investor is a fools errand, you will never out trade the machines. You also want to avoid triggering short term capital gains thru active trading, IMHO.
There is a lot of wisdom in this statement. There are some exceptions but generally speaking, you are entirely correct. I have a cousin who is very rich and successful, as business savvy as anyone I've ever met. And I know people who have created multi-billion dollar companies from scratch. Anywho, he told me years ago about index funds and how he pays some supposed geniuses to manage his money. The geniuses take a healthy commission, maybe 2% IIRC(?)

he said that all of the big money managers claim that they can beat the market and that they never do, over any period of time. He advised me to put my $$ in a good index fund. I wish I'd listened.
__________________
Denis
Old 07-04-2021, 12:33 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #37 (permalink)
Registered
 
Join Date: May 2017
Posts: 15,527
Quote:
Originally Posted by SeanPizzle View Post
No Bogleheads in this thread? Buy and hold index funds. 90% of managed funds underperform the index over at 10 year period. Picking individual stocks as a retail investor is a fools errand, you will never out trade the machines. You also want to avoid triggering short term capital gains thru active trading, IMHO.
most of my money is with Vanguard.
Old 07-04-2021, 12:35 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #38 (permalink)
Registered
 
Join Date: Jan 2021
Posts: 2,959
Quote:
Originally Posted by SeanPizzle View Post
No Bogleheads in this thread? Buy and hold index funds. 90% of managed funds underperform the index over at 10 year period. Picking individual stocks as a retail investor is a fools errand, you will never out trade the machines. You also want to avoid triggering short term capital gains thru active trading, IMHO.
sure, but he asked about stocks

Peter Lynch's "ride the expanding franchise" strategy is out of date; but I doubt if the selected quotes I posted are

Starmine is another service that seems good - you take some analysts, then wt. their advice by their past performance

But will that beat an AI system????
Old 07-04-2021, 03:34 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #39 (permalink)
A Man of Wealth and Taste
 
tabs's Avatar
 
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
Quote:
Originally Posted by Sooner or later View Post
Wrong, again.

Ford sold 475,327 vehicles during the second quarter, a 9.6% increase from a year earlier when the coronavirus pandemic caused Americans to shelter in place
For June, the automaker said Friday that its sales declined by 26.9%, including a roughly 30% drop in its F-Series pickups.
Read the link.

Nothing was selling in the 2nd qtr of 20..SO ANYTHING WOULD LOOK LIKE UP..DISINGENUOUS

It was a 26% decline..WAS IT FOR JUNE OR FOR THE 2ND QTR FROM THE 1ST?

YOUR ANIMOSITY IS SHOWING.

__________________
Copyright

"Some Observer"
Old 07-04-2021, 03:49 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #40 (permalink)
Reply


 


All times are GMT -8. The time now is 12:43 AM.


 
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2026, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2025 Pelican Parts, LLC - Posts may be archived for display on the Pelican Parts Website -    DMCA Registered Agent Contact Page
 

DTO Garage Plus vBulletin Plugins by Drive Thru Online, Inc.