Need Cash For That New Snowmobile?

whitedust

Well-known member
It might be time to sell some stock as hitting some nice highs. Always sell high buy low & cash is King.:)
 

whitedust

Well-known member
Give?? I take the risk then give it away? Why not buy some when at lows? No guts no glory! Getting back to even is the task at hand some good ones & some not so good ones. Time to sell the not so good ones......maybe?
 

frosty

Member
Give?? I take the risk then give it away? Why not buy some when at lows? No guts no glory! Getting back to even is the task at hand some good ones & some not so good ones. Time to sell the not so good ones......maybe?

I'm just getting even to where I was almost 6 years ago. It's about dang time!!!! Now if the market can break 13,500, then I'll be making some money!;)
 

whitedust

Well-known member
Lots of investors want a change in administration so election could be good for market. Repubs a lot less green than Dems & will get oil out of ground which means jobs as well. Oil prices going up so will be election issue for sure & Dems done nothing in 4 years to help. Repubs drill baby drill & worry about green crap later as jobs more important.
 
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fusion

Guest
Bought 1500 of a particular solar stock back in Sept. '11, got myself upside down by just under 8 G's due to violating my own disciplines on stop losses, now back to breakeven and a profit last week.

Got out of that one, but have another one that gives me periodic "chest grippers".

Stock market is pretty much a losers game for a schmoe like me buying individual stocks.
For every big winner, there's a big loser.
 

whitedust

Well-known member
Yep "chest grippers" are the ones to sell reinvest or take cash & buy something..... pointless to put cash in bank at useless interest rates. To me cash is for spending ASAP or back in market to grow & generate income. So if you want to buy sled, car, house sell & reap benfits of high market & sell now. I'm almost back to even too after bone head 2011 August decline & a bunch of chest gripping back in at Sept/Oct lows was heck of a gamble but looks good now plenty of head room for now. :) Markets not for the meek that I know for sure!
 
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fusion

Guest
That's another bubble ready to burst, just like Chinas economy.

No joke! That would be like buying semi-conductor stocks like XLNX, BRCM, PMCS or TXN in about 1999.
Don't want to buy at the top, trust me.
 

snocrazy

Active member
You really think gold is high now? Remember this day. $1733.25
Its going higher. And investing in stocks (US Dollars) scares me a lot more than gold. I think the Dollar is going to go in the crapper. It all a matter of being diversified in your investing strategery. ;)
Obviously buying low and selling high is the key to the game.
My best investment ever = Google for the long haul.
 

whitedust

Well-known member
No joke! That would be like buying semi-conductor stocks like XLNX, BRCM, PMCS or TXN in about 1999.
Don't want to buy at the top, trust me.

X2........ Gold a hedge to non performing stocks & stocks performing well now. Not a good time to buy gold IMO. In Jan I almost bought gold in GLD form but backed away seemed too high but GLD best performer again IMO. Old saying as goes January goes the year in stock market & a good Jan & Feb just happened no one saw it coming. Still many problems Europe debt, USA debt, lack of jobs,high oil prices & Nukes in Iran so lots to consider during the year but market good now so if you need the cash sell at highs.
 
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fusion

Guest
X2........ Gold a hedge to non performing stocks & stocks performing well now. Not a good time to buy gold IMO. In Jan I almost bought gold in GLD form but backed away seemed too high but GLD best performer again IMO. Old saying as goes January goes the year in stock market & a good Jan & Feb just happened no one saw it coming. Still many problems Europe debt, USA debt, lack of jobs,high oil prices & Nukes in Iran so lots to consider during the year but market good now so if you need the cash sell at highs.

Once this idiot gets booted out of office in Nov., the market will go up like a rocket,
and gold will tank faster than one of those boat anchor AC's doing an Edmund Fitzgerald impression, going thru ice on Lake Superior.
Plus election yr. - market is always historically strong.
 

frosty

Member
You really think gold is high now? Remember this day. $1733.25
Its going higher. And investing in stocks (US Dollars) scares me a lot more than gold. I think the Dollar is going to go in the crapper. It all a matter of being diversified in your investing strategery. ;)
Obviously buying low and selling high is the key to the game.
My best investment ever = Google for the long haul.

I believe gold is a good investment, when it was $300 oz. Now, forget about it, its the housing market all over again. Think about this, if you combined all the working economy of the world together, they still couldn't bail us out. Why do you think China still is buying tresury notes by the billion still? Because they know, just like the rest of the world knows, if we become the PIGS of Europe, no one, I mean no one can save us!!!!! Thats a FACT! So keep investing in a precious metal that you don't even have in your possession, but if we go in the crapper, the only thing that going to save your butt is a Smith and Wessin, Sig Sauer, Browning, and all the rest of those folks.:)
 
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indy_500

Well-known member
Apple is doing great right now also... Making me lots of money in our school "fantasy" stock game :)
 
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