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Registered: September 19, 2001
Posts: 2202
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So bauhaus, you are like what 12 yrs old and you made $199,000 in the stock market. I highly doubt that. Are you even old enough to buy and sell in the market?
"Freedom is not Free"-Korean War Memorial, Washington DC.
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Registered: February 22, 2002
Posts: 2066
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If you are telling the truth, bauhaus, you made a good play in the market. If you are telling the truth, that is.
Marine 16 - the man, the myth, the legend
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Registered: July 26, 2004
Posts: 2891
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Does anyone care?
Evitere Les Contrefacons.
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Registered: March 09, 2004
Posts: 2913
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Heres what I did, in Nov 2002 I bought 42000 shares of NT for $1.28/share = $53760 | Sold in feb 2003 for $4.75/share = $199,500. Now BRKA would never give you that type of return in that amount of time.
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Registered: March 09, 2004
Posts: 2913
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quote: Originally posted by marine16:
Bauhaus, you have your college savings in stocks? That is a foolish move. Hope there aren't any crashes anytime soon. SELL! SELL! SELL! If I were you I would sell your stocks and buy bonds - no risk involved which is essential when paying for education. Or you can have fun paying off your college debt when you graduate living pay check to pay check.
And I looked into you cash cow, you call Nortel. As of today stocks are at about 2.66. they beaked at about five dollars in July of 04. You should have sold then. By not selling you cost your self half of your potential profits. I guess you don't really know what you are doing. It wasa nice try, trying to get me to believe you are a swavy investor. You should SELL! SELL! SELL! before the trend continues you lose money.
I don't know about High Times, I was being humurous. It probably wouldn't happen because stoners are too lazy and poor to ever invest in something.
If you consider Berkshire Hathoway slow that is your own stupidity. Investors around the world agree it is the best stock to buy if you want to make a substantail reutrn on only one stock. if you can afford it you should BUY! BUY! BUY!
Uhh I sold in Jan-ish 2003 for 4.75 a share. remember I bought it for 1.28 quote: I don't know about High Times, I was being humurous. It probably wouldn't happen because stoners are too lazy and poor to ever invest in something.
thats why i'm not a stoner. I also dont have 83,000 to invest into BRKA.
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Registered: February 22, 2002
Posts: 2066
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Bauhaus, you have your college savings in stocks? That is a foolish move. Hope there aren't any crashes anytime soon. SELL! SELL! SELL! If I were you I would sell your stocks and buy bonds - no risk involved which is essential when paying for education. Or you can have fun paying off your college debt when you graduate living pay check to pay check. And I looked into you cash cow, you call Nortel. As of today stocks are at about 2.66. they beaked at about five dollars in July of 04. You should have sold then. By not selling you cost your self half of your potential profits. I guess you don't really know what you are doing. It wasa nice try, trying to get me to believe you are a swavy investor. You should SELL! SELL! SELL! before the trend continues you lose money. I don't know about High Times, I was being humurous. It probably wouldn't happen because stoners are too lazy and poor to ever invest in something. If you consider Berkshire Hathoway slow that is your own stupidity. Investors around the world agree it is the best stock to buy if you want to make a substantail reutrn on only one stock. if you can afford it you should BUY! BUY! BUY!
Marine 16 - the man, the myth, the legend
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Registered: March 09, 2004
Posts: 2913
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quote: Originally posted by marine16:
I highly doubt you had $53760 dollars to buy 42,000 shares of Nortel bauhaus. You aren't fooling anyone. What you probably meant to say was that you bought 13 shares of High Times weekly at $00.75 a share.
On a bad year Berkshire Hathaway will gain about 2%. With each share equalling roughly $88,000 this means I will yield a $1760 increase on each share I own. And that is a bad year. A good year will yield up to 8%, which means I yield a $7040 increase on each share I own. I own one share for evey 1913 government bond given to me from my father - 4 So you can do the math When you get lucky you earn an couple thousand bucks extra (if you are telling the truth, which you aren't), when I get lucky I get about $28,000. When this is added to the rest of the companies I invest in my take home is quite generous (It would be higher if not for Worldcom).
Look into some of the companies I have listed ownership in. None will increase by 1.75, they will all increase by much more. But even if they did increase by 1.75 a year, I would still be very wealthy off of my investment.
Your distracting from the point. The point is that mutual funds are a poor boys attempt to earn a few etra bucks at the end of a ten year period. If you want to make real money, you look to the stock market.
If I had a libel civil suit pending, I would not want to make more money so I wouldn't be able to loose mroe money, but thats just me.
Youre just mad because you bought some stupid slow growth stock. Look at nortel oct02-feb03. I was given to me as tution money for college around that time, I'm class of 2003. I choose to invest because I would have to pay the money back after college. It was a risk I was willing to take because I was almost positive Id get some type of return, I didnt think id get as much as I did. I highly doubt high times is a share, maybe the publisher they use or the printing company? I'm not sure, ive never read the magazine.
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Registered: February 22, 2002
Posts: 2066
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I highly doubt you had $53760 dollars to buy 42,000 shares of Nortel bauhaus. You aren't fooling anyone. What you probably meant to say was that you bought 13 shares of High Times weekly at $00.75 a share. On a bad year Berkshire Hathaway will gain about 2%. With each share equalling roughly $88,000 this means I will yield a $1760 increase on each share I own. And that is a bad year. A good year will yield up to 8%, which means I yield a $7040 increase on each share I own. I own one share for evey 1913 government bond given to me from my father - 4 So you can do the math When you get lucky you earn an couple thousand bucks extra (if you are telling the truth, which you aren't), when I get lucky I get about $28,000. When this is added to the rest of the companies I invest in my take home is quite generous (It would be higher if not for Worldcom). Look into some of the companies I have listed ownership in. None will increase by 1.75, they will all increase by much more. But even if they did increase by 1.75 a year, I would still be very wealthy off of my investment. Your distracting from the point. The point is that mutual funds are a poor boys attempt to earn a few etra bucks at the end of a ten year period. If you want to make real money, you look to the stock market. If I had a libel civil suit pending, I would not want to make more money so I wouldn't be able to loose mroe money, but thats just me.
Marine 16 - the man, the myth, the legend
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Registered: March 09, 2004
Posts: 2913
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quote: Originally posted by marine16:
Yeah, I am sure my four shares in Berkshire Hathaway will only increase vy $1.75 next year. Do you know anything about the stock market Bauhaus? Look into the company before you make such a stupid claim. Just because you can only afford four shares of stocks in the entire stock market, does not mean those of us who are more fortunate also can only afford 4 shares.
HAHAHAHAHAHAHHA I bought 42,000 shares of Nortel Networks for 1.28 each.... it doubled in two weeks and went up to 4.75 in 6months... I know what I'm doing, you obviously don't. Nortel was up againt Lucent, and Lucent was battling over a contract and who ever got it would come out on top, Lucent was not going to get it, so I went for Nortel. Lucent ended up going broke. So which one stock of yours gave you a 400% return in under a year?
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Registered: February 22, 2002
Posts: 2066
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Yeah, I am sure my four shares in Berkshire Hathaway will only increase vy $1.75 next year. Do you know anything about the stock market Bauhaus? Look into the company before you make such a stupid claim. Just because you can only afford four shares of stocks in the entire stock market, does not mean those of us who are more fortunate also can only afford 4 shares.
Marine 16 - the man, the myth, the legend
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Registered: March 09, 2004
Posts: 2913
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quote: Here is some advice for you BUY! BUY! BUY! in these companies!!!!!!!!!!!
Why? because they'll go up $1.75 and you can only afford 10 shares?
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Registered: February 22, 2002
Posts: 2066
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Here are some companies I also partly own.... Coke, Microsoft, Starbucks, Apple, birthshire Hathoway,, Halliburton, Lockhead Martin, Boeing, Blackhawk, SAIC, and Walmart, and Worldcom. I own all of theese trough stocks, because I can afford share affter my father's generous alloance. i don't think these companies are risky, just cash cows. Here is some advice for you BUY! BUY! BUY! in these companies!!!!!!!!!!! Mutual funds are the poor boy's attempt to influence the market - I don't play that game, instead I BUY! BUY! BUY! in the stock market. If you don't want to make any money go to mutual funds, if you want to make the big bucks buy stocks. When you are simply guessing about what 'mutual funds' to buy, it is pretty easy. But when you actually investigate them and consulate real economists, not Waxhachie Medicine Men, it is really qutie difficult. Did you ask ?Mike Tries? (?Pastor Mike Triess?) for economic advice Joey? If so, I recomened selling all stocks he recomended FAST! FAST! FAST! SELL! SELL! SELL!
Marine 16 - the man, the myth, the legend
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Registered: September 19, 2001
Posts: 2202
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quote: I'm afraid not. Economies do not always get better. They can very well go down. BTW you cna also make moeny by buying high selling higher.
Actually Joey is Right about that even if he is quite misguided about his "OH MY GOD. MUTUAL FUNDS ARE SO COOL. EVERYONE SHOULD GET ONE NOW BECAUSE THEY ARE THE BEST THING EVER. SERIOUSLY, I MADE LOVE TO MY STOCK BROKER AND HE SAID THAT I SHOULD PUT ALL OF MY MONEY (OF WHICH I HAVE NONE) INTO THEIR MUTUAL FUND. I HOPE I DON'T LOSE IT ALL WHEN I LOSE MY LAWSUIT." In the Long term, thre market will always go up. And mutual funds are safer but you can still lose money, so they are not like free money as Joey would have you beleive. The fact that he says "this stuff is so easy" just says it all. What a doofus.
"Freedom is not Free"-Korean War Memorial, Washington DC.
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Registered: June 06, 2004
Posts: 3373
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quote: what do you think MF's are??? magical fairy funds??
Don't tell Joey that's not what they are, it will make him as sad as he was when we discovered he was actually diaper boy. Honorablecoalition.tripod.com Whereas;This message has hereby been proudly deemed racism and bigotry free by the Great and Honorable Coalition Against Racism. MMIV - Youthnoise's First Coalition.
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Registered: December 11, 2003
Posts: 9501
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quote: what do you think MF's are??? magical fairy funds??
Hah. I don't care for stocks. I know nothing of them.
"Regardless, I have always, and will always, succeed."
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Registered: March 09, 2004
Posts: 2913
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quote: Stocks are too risky.
what do you think MF's are??? magical fairy funds??
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Registered: January 12, 2005
Posts: 750
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quote: Yes, I now own parts of 347 companies, including Turner Entertainment (TBS, CNN, etc), British Petroleum
Firstly there is no comapny named British Petroleum. Its name is officially BP now. quote:
Stocks are too risky. I can't even afford one share of Starbucks stock.
It entirely depends on the type of stocks. I'd prefer one good stock over 347 bad ones. quote:
Eleven-percent interest.
I EXTREMELY doubt it pays 11% interest. You mean returns don't you? There is a big difference. quote:
Economies always get better, so, when times are tough, buy low, sell high.
I'm afraid not. Economies do not always get better. They can very well go down. BTW you cna also make moeny by buying high selling higher. 
Indecision may or may not be my problem
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Registered: January 12, 2005
Posts: 750
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quote:
Even with a down economy, the mutual funds grow in value, regardless of what the stock price is that day, which, if you bought 10 shares of Lucent's competitor, you could lose it ALL in one day.
Are you sreiously arguing MF's always grow in value? 
Indecision may or may not be my problem
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Registered: August 14, 2004
Posts: 3132
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quote: Originally posted by bauhaus: quote: Originally posted by Hydrok:
So did you know that current predictions say that at age 60 our generation is going to need 5 million dollars in the bank to make it through our retirement years without working.
do you know what inflation is?
I got that info from our Family Support Center, they are awsome setting up my mutual funds and Thrift Savings Plan (IRA for military) But I believe that inflation was taken into account, the problem is rising medical costs and that sort of thing.
"So others may die" - USAF Intel Targeteer Motto (607th AIS)
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Registered: March 09, 2004
Posts: 2913
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quote: Originally posted by Hydrok:
So did you know that current predictions say that at age 60 our generation is going to need 5 million dollars in the bank to make it through our retirement years without working.
do you know what inflation is?
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