Posted on 08/09/2011 10:44:36 AM PDT by Free Vulcan
Price may still go down with the overall market which is why I wouldn't pull the trigger quite yet, but they are sitting on over $30 B in cash.
This company will weather the storm.
The market has spoken and is shrugging off the downgrade and lack of debt deal.
I’m wondering if investors look upon the S&P downgrade of the U.S. government as a symbolic breath of fresh air. If U.S. government securities are rated at AA+, then what does this say about those allegedly AAA-rated countries like Germany and France whose currency is dragged down by anchors like Spain, Italy and Greece?
Some P/E as of this moring:
Proctor & Gamble: 15
Kraft Foods: 19
Weyerhouser: 5.9
Microsoft: 9.2
Raytheon: 7.4
Ford: 6.1
Wal*Mart: 10.9
The implied ROI:
Proctor & Gamble 6.7%
Kraft Foods 5.3%
Weyerhouser 16.9%
Microsoft 10.9%
Raytheon 13.5%
Ford 16.4%
Wal*Mart 9.2%
It I had invested a dollar in gold on December 31, 1983, today it would be worth $4.25. The same dollar in my 401k would worth $8.17 without the company match. In a savings account at 5% it would be worth $3.84. If I had invested it in residential real estate locally, it would be worth about $2.98. I am ignoring taxes in all cases. However, only in a 401k, can I avoid taxes.
Still up, I see.
I’ve had posts deleted that were MUCH less obviously profane.
Puzzling.
Where are u getting 4.6% in stocks?
Try CENEX. A preferred stock with no common stock.
Sorry Mr. Moderator!
There will be one thing or another to cause a flight to “quality” as long a Barry is president. I have been noticing the same thing as you for over a year.
Oh, I wasn’t advocating your post’s deletion, I was just puzzled.
I enjoyed it and saved it!
What if you invested in December 1973, 1993, 2003 ... I guess it depends on when you get in. i was looking at a ten year investment due to the fact that most often we use a 10 year look at performance
Just to pick a different date .. Decemebr 31, 1971.
If you put $1 into Gold it is worth $50, and if you put $1 into stocks it is worth $12 [without your company match, I guess!]
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.