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RichieBklyn
03-31-2012, 02:23 PM
Considering the US stock market, specifically the S P 500 just had the best quarter since 1998, do you think it has booked its gain for the year or is it going higher? Who is taking profits who is staying fully invested??? By the way UNG, natural gas at a lifetime low...

jluck
03-31-2012, 02:51 PM
I think and hope all the markets continue to grow. And yes I do think there will be continued growth as there has been since inception. There has always been dips but overall they tend to grow. A bunch of my future rides on it.

hotreds
03-31-2012, 02:59 PM
It all depends on what happens in November, truthfully.

RWhisenand
03-31-2012, 03:34 PM
Trimmed 1\3rd my position is WFC, I have a sell order on BAC I was just trading it anyway. I am a bunch of expousure to the LNG shippers and storage-regasification and I plan on keeping my long position on. I will probably enter some dry bulk shippers soon, as I close some of my finicial positions.


In general I am trimming back for the summer, but I don't think we made our highs of the year yet. JMHO.

Ashcan Bill
03-31-2012, 03:47 PM
I still have a few equities and a smattering of funds, but for the most part I'm out of stocks. IMHO the only reason the market is where it's currently at is because the Federal Reserve keeps pushing it higher via artificially low interest rates and running the presses. If the market is strong due to true economic growth, I'm comfortable being in. If it's strong mainly due to governmental stimulation, I feel better on the sidelines.

maverickdrinker
03-31-2012, 03:49 PM
Just sold my apple stock 2 days ago. Looking at Starbucks and Qualcomm. Bullish on the us; took my mutual fund portfolio to 40% in December.

hammondc
03-31-2012, 08:37 PM
I wish like hell I knew more about this stuff. We should have a finance subforum. I have some questions....

icehog3
03-31-2012, 09:47 PM
I wish like hell I knew more about this stuff. We should have a finance subforum. I have some questions....

Ask them here? :sh

LostAbbott
03-31-2012, 09:53 PM
Yeah ask away brother. We have a lot of smart guys here.
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Silound
03-31-2012, 11:52 PM
I've got mine about evenly distributed through a couple energy related ETFs and a handful of stocks that are solid companies with regular dividends.

I typically shy away from straight mutual funds...they're "safer" but a decent bit slower; the excessive management fees and regulations mean that they frequently under-perform the market as a whole in any given year.


Remember the key in investing is to -make- money, not break even. If inflation means a dollar today is worth .90 next week, I want to see my dollar today pull more than 11 cents back as a return!

hammondc
04-01-2012, 07:37 AM
OK. Here is one. Where should invest about $30k to get a decent return and still have it available if I needed it. Right now it is in a money market, but the return is like $4 a month.

RWhisenand
04-01-2012, 09:16 AM
Shippers generally pay a nice dividend. The dry bulk sector also seems to have bottomed so maybe its a decent time to look into NM, or DSX. As I stated earlier, I like the LNG floating storage and re-gasification campanies. I've been long GLNG for over a year, and since this pull back were having, I've been able to add about 30% to my position. It pays out about a 3.5% yeild.

CAT, if it drops below $100 might be attractive as well, but from a macro perspective, I would have a significant portion in cash for the summer, maybe getting long again later.

Also NUE might look attractive if we see a bit of a pullback. GLTA.

:2

RichieBklyn
04-02-2012, 06:21 AM
I think and hope all the markets continue to grow. And yes I do think there will be continued growth as there has been since inception. There has always been dips but overall they tend to grow. A bunch of my future rides on it.

i meant for this year...

RichieBklyn
04-02-2012, 06:21 AM
It all depends on what happens in November, truthfully.

Umm so who moves the market up?? Rep or Dems???

RichieBklyn
04-02-2012, 06:23 AM
Just sold my apple stock 2 days ago. Looking at Starbucks and Qualcomm. Bullish on the us; took my mutual fund portfolio to 40% in December.

Bullish on the US and you sold the #1 US stock??

RichieBklyn
04-02-2012, 06:24 AM
I wish like hell I knew more about this stuff. We should have a finance subforum. I have some questions....

www.kiplingers.com is a great starter site...

RichieBklyn
04-02-2012, 06:29 AM
OK. Here is one. Where should invest about $30k to get a decent return and still have it available if I needed it. Right now it is in a money market, but the return is like $4 a month.

If you are investing your money it is impossible to still have it available . Once you put the 30k somewhere it may be 29k or 31k the next day... I would only invest monies I do not need to rely on for atleast 5 years... JMO

RichieBklyn
04-02-2012, 06:34 AM
Shippers generally pay a nice dividend. The dry bulk sector also seems to have bottomed so maybe its a decent time to look into NM, or DSX. As I stated earlier, I like the LNG floating storage and re-gasification campanies. I've been long GLNG for over a year, and since this pull back were having, I've been able to add about 30% to my position. It pays out about a 3.5% yeild.

CAT, if it drops below $100 might be attractive as well, but from a macro perspective, I would have a significant portion in cash for the summer, maybe getting long again later.

Also NUE might look attractive if we see a bit of a pullback. GLTA.

:2

CAT was 71 in October, that was your chance... I hope we don't see it under $100 anytime again...

hammondc
04-02-2012, 06:48 AM
If you are investing your money it is impossible to still have it available . Once you put the 30k somewhere it may be 29k or 31k the next day... I would only invest monies I do not need to rely on for atleast 5 years... JMO

Thanks. OK, howabout I rephrase that to 'park' it somewhere that I can get better than the very minimal return I have at the bank in a Money Market? I have no problem leaving it, but would like to be able to get to it if the SHTF

RichieBklyn
04-02-2012, 07:03 AM
Thanks. OK, howabout I rephrase that to 'park' it somewhere that I can get better than the very minimal return I have at the bank in a Money Market? I have no problem leaving it, but would like to be able to get to it if the SHTF

The first thing that comes to mind is government bonds, you can find many different bond funds... something like Fidelity Government Income Fund(FGOVX)

Silound
04-02-2012, 08:24 AM
Thanks. OK, howabout I rephrase that to 'park' it somewhere that I can get better than the very minimal return I have at the bank in a Money Market? I have no problem leaving it, but would like to be able to get to it if the SHTF

If a situation arose where the SHTF on a large scale (national crisis, global crisis), you wouldn't be able to get your money out in time without taking a beating, or even worse case, it would be worthless once you got it out. Personally, I feel that if cash money is rendered worthless for some reason, then it's pointless to care about any other investments anyway :2


If a more personal crisis arose and you needed money **today**, you would need cash or cash-equivalent money funds to be able to withdraw them immediately. Any other sort of investment trade will take at least a day to process and deliver funds. It's just how brokerages work: to get the best prices and values, they consolidate by grouping large numbers of the same investment together for larger trades.


Many large investment brokerages offer short term loan services against your portfolio though, so you could initiate a sale immediately, and they could set up a cash advance against that sale for a flat fee or percentage of interest. Usually this is a pretty high interest rate, but it's compounded daily, so you only eat 3-6 days of interest build-up. Since they know you have the liquidity to back it when the trade goes through, it's a very low risk loan for the brokerage to make, and they get to make a dime off of you. I had to do this once and only got hit for ~$50 on a substantial sale.


I would speak with a couple CFAs from different brokerages and see what kinds of options they offer. Every company has different means and methods, but what you're asking about is not uncommon in the realm of investments, especially for retired persons.

Da Klugs
04-02-2012, 08:50 AM
The Fed is making everyone take more risk to get a decent return. By holding rates at these historic lows, retirees have to make tough decisions when their T-Bills mature.

Lot's of conflicting information on this. Traditional fight between bulls and bears with vested interests embeded in all views.

Pay attention to PE ratios.

Apoco
04-10-2012, 07:56 AM
The markets are confusing the hell out of me :/

I sold on Friday of last week expecting a down week due to correcting. Yesterday did correct downward - but today so far is sitting about flat. Any thoughts or ideas on what we can see over the next few days?

Note; I know it is all speculation. Just curious if I am really far off base or if it is something that other investors share a fear of.
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Apoco
04-10-2012, 10:57 AM
The markets are confusing the hell out of me :/

I sold on Friday of last week expecting a down week due to correcting. Yesterday did correct downward - but today so far is sitting about flat. Any thoughts or ideas on what we can see over the next few days?

Note; I know it is all speculation. Just curious if I am really far off base or if it is something that other investors share a fear of.
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There it goes. Down 1.5% on the day.
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