The adventure continues...
Posted on 04/26/2015 11:45:54 AM PDT by expat_panama
5.56mm
The adventure continues...
Stocks always go up...until they go down. Why not just let the casinos have your money? At least they have show girls.
And waitresses and free drinks. :-)
But mostly up.
If you invest in proven, solid companies and use the "buy and hold" strategy over the long term, you can't go run.
Love the casinos and show girls too. But I go there to blow money and have some fun.
They ain't free. You've paid for them many times over. Just add up all the nickels, dimes and quarters you feed into the slot machines and divide the total by the number of "free" drinks.
But mostly up.
--and that 'mostly' is pretty much all of it.
OK, so there is a bunch of short term static caused by daily surprises and it's completely unpredictable, but the big part is easy enough to bank on: the population will grow, more people will buy more stuff and companies selling stuff will grow. Add to that the fact that Americans will continue to work smarter and come up with even better ideas --it all means that it's a lot easier to believe that what we've had for hundreds of years will be there next year.
Casinos aren't so bad though, I mean there are plenty of folks who've made a lot of money in casinos --as owners: Best Casino Stocks For 2015
I have Walmart, Proctor and Gamble, GE and Pfizer.
Any advice?
I read that Pfizer has a drug recently approved by the FDA that will prolong the life of those with advanced CA, and it is due to collect billions in years to come.
Anyone heard that?
I’ve also read that Pfizer, the largest drug company in the world) is dedicated to find drugs to treat cancer.
I have two of those, PG and WMT. Any pronounced market downturn will be an opportunity to buy more, IMO.
WAL-MART STORES RANK WITHIN THE RETAIL-MAJOR DISC CHAINS GROUP (9 STOCKS)
PROCTER & GAMBLE RANK WITHIN THE COSMETICS/PERSONAL CARE GROUP (31 STOCKS)
GENERAL ELECTRIC CO RANK WITHIN THE DIVERSIFIED OPERATIONS GROUP (30 STOCKS)
PFIZER INC RANK WITHIN THE MEDICAL-ETHICAL DRUGS GROUP (38 STOCKS)
Just read elsewhere on FR that India is buying three more C17 Globemasters due to the earthquake.
Many billions. Maybe Boeing is a buy? Or too late based on this news?
Don’t like to let the emotions cloud the thinking, but that is one heck of a lot of unanticipated money.
Monday's upon us and futures traders see price uptrends for both stock indexes (+0.22%) and metals (+0.67%)! The only econ stat I know of is the Chicago Fed national activity index coming up an a half hour. Stuff to browse before opening:
- Why Life Now Is Better Than It Ever Was
- SEC's stock market reform club locks out retail brokers
- Rusell Brand Takes On 2008 Crisis
- How the Gold Standard Powered Japan's Miracle
- World shares hit new high but Europe rally fades on Greece
- Charles Koch: Politics Don't Boost Bottom Line
- Political Pressure To Stay On The Fed
- Robot Sentences To Ponder
- Fund fees plunge! Thanks to you
News hasn't seemed to change BA's price any yet, this morning's offered price is only $148.61 compared to last Feb's high of $158.83. IBD seems happy enough w/ it tho...
BOEING CO RANK WITHIN THE AEROSPACE/DEFENSE GROUP (56 STOCKS)
Composite Rating 80 Rank within Group: 11th 82%
EPS Rating 82 Rank within Group: 11th 82%
Relative Strength Rating 79 Rank within Group: 19th 67%
SMR Rating B Rank within Group: 11th 82%
Acc/Dist. Rating D- Rank within Group: 51st 10%
... and their ratings may not yet have factored in the order. Some traders might to well there but for my strategies I go for consistant growth and BA's been pretty erratic.
Book value is the current vale of your stock. (at best — considering that the book vale of companies are usually overstated)
But what about PE you ask. True, it is the most common measure of value used. Everyone is speculating on their investments.
Sky high PEs can only spell trouble. Think tulips.
But I am not a financial expert and I did not stay at a Holiday Inn Express last night.
Not if we're talking about the current price divided by last year's earnings. Sometimes we can get a 'forward PE' based on this year's expected earnings but then the problem becomes one of how much we want to trust the analyst...
http://finance.yahoo.com/news/economy-uncertain-no-fed-rate-153058237.html
With economy uncertain, no Fed rate hike is seen before fall
Associated Press By Martin Crutsinger, AP Economics Writer
4/27/2015
WASHINGTON (AP) — For 6½ years, the Federal Reserve has held its key interest rate near zero, and for nearly that long the financial world has speculated about when the Fed will start raising it.
Don’t look for it soon.
That’s the view of most economists, who say a still-subpar economy and still-low inflation will keep rates at record lows at least until September.
On Wednesday, the Fed could clarify its plans after ending its latest policy meeting. Analysts caution, though, against expecting any specific guidance on the Fed’s timetable for a rate hike. Too many uncertainties still surround the U.S. economy. The Fed’s policymakers may want to leave themselves maneuvering room until their view of the economy’s health becomes clearer.
This talk about the 'soft' economy means any rate hike would probably be a disaster --both to production and to prices.
IIRC, Mark Haines, late of CNBC, often used the term “Don’t fight the Fed.”
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