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The Investment Thread (stocks, bonds, real estate, retirement, just not gold)

Discussion in 'Pharmacy' started by BMBiology, May 2, 2013.

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  1. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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  3. Momus

    Momus 7+ Year Member

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    lol new thread...

    don't listen to cramer, he is entertaining but he is an idiot.
     
    cth916 likes this.
  4. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    My father in law used to get beaten up by Jim Cramer back in the day.
     
  5. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    Economy added 165000 jobs and unemployment dropped to a four year low 7.5%.

    Stocks are going up today
     
  6. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    You'd think the conservatives would be dancing in the streets celebrating how the de facto "austerity" of the sequestration is correlating with jobs. Instead, they are wallowing around all pissed off that Obama's economy is doing the tortoise thing. Slowly, slowly...getting better.
     
  7. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    I am almost 100% in stocks. It has been a good ride so far but I know you should also own some bonds too.
     
  8. rph3664

    rph3664 7+ Year Member

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    My portfolio is diversified, but I've gone the conservative route due to my early retirement. If I wanted to gamble with my money, I'd go to the riverboat. I actually did exactly that last Sunday, because I had a coupon for $5 of free plays, and it just reinforced why I don't do that even though I won a whole $4. :woot: :sleep:

    In any case, if you have a 401K or 403B at your employment, always at least put in enough to get the matching funds. That money adds up faster than most people realize, and it's "free" money too.
     
  9. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    I'm 85-15. Right now I'm at 16% over the last 12 months. :eek:
     
  10. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    Can we rename the other one "Grumps posts to himself about ==--**G O L D**--=="?
     
  11. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    I know this is risky but I am planning to stay out of bonds for some time. I think bonds had a good run for the last 10 years. I will re-evaluate later this year.
     
  12. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    They will stay down until the economy recovers.
     
  13. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    are you saying bond prices will go up once the economy recovers? i think it would go down
     
  14. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    yields...yeah, inverse relationship...
     
  15. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    I see it differently. When the economy improves further, people are going to dump their bonds and invest in stocks since they think stocks will have a better return.
     
  16. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    That's what happens. Price down, yields up. I'm saying, if you buy bonds, they won't make you any money until the economy improves. If you want them to store wealth, probably not good time to be in them unless you think the economy tanks soon.
     
  17. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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  18. psychoandy

    psychoandy Junior Member 7+ Year Member

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    not really risky to avoid bonds if you're young, especially now that all the money has been made in that sector already. there's very limited upside and all downside, unless your main focus is capital preservation (which could also get destroyed if yields go up). the main advantage to bonds is if you're diversified, the massacre of stocks in 2008 would have been somewhat offset by the huge increase in bond prices.

    the billion dollar question, and one which bill gross and many others have already gotten wrong, is when bonds will decline. the fact that the 10 year yield is back under 2% but the S&P 500 is at all time highs is extremely unusual, and imo something's gotta give.
     
  19. BenJammin

    BenJammin No Apologies 5+ Year Member

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    You are crazy stupid if you think now is the time to invest. There will be another financial bubble, blood will run in the streets like in 2007, and that's when you should pump your money into the stock market.
     
  20. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    "China Export Gains Top Forecasts as Imports Exceed Estimate"

    http://www.bloomberg.com/news/2013-...op-forecasts-as-imports-exceed-estimates.html

    Emerging market is going to do well.

    I know this would be terrible for those who are retiring soon but I actually welcome this because it means I would buy stocks for a cheaper price.

    I believe the economy will continue to improve and if we get a good May job number then expect the market to jump further.
     
  21. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    By the way, waiting for the market to clash so you can jump in is a horrible way to invest.
     
  22. BenJammin

    BenJammin No Apologies 5+ Year Member

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    Tell that to the people who bought their dream home at 50% off.
     
    cth916 likes this.
  23. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    Who to say the housing market won't crash when they need to sell their house?

    If you can predict the market, then why are you working as a pharmacist? My point here is that it's virtually impossible to predict the market. So, waiting for it to crash is not a good way to invest.
     
    TLAD123 likes this.
  24. lisinopril

    lisinopril Account on Hold Account on Hold 2+ Year Member

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    you are correct about it's impossible to predict the market. However, what comes up must go down...The main reason why stocks has been going up so much is because of FED stimulus with continuous QE. That deflates the dollar value. Hence, stock normally is worth 1 dollars, now has to inflate up to 1.5 dollars.

    When all QEs are done, a crash is very likely....This time, unfortunately, is a lot worse than 2008. I think the bubble still has room to grow...and grow for at least a year or two. Enjoy while it lasts.

    The crash will come....! Trust me.
     
  25. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    Of course the market will crash but without knowing when, it is pretty much useless. This should not prevent you from investing. If it crashed and it will one day, make sure you have money to buy. That is my plan. I hope it is yours too.
     
  26. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    By the way, inflation has not gone up as many have feared.

    As the U.S economy improves, the dollar becomes stronger and therefore, inflation remains flat.
     
  27. lisinopril

    lisinopril Account on Hold Account on Hold 2+ Year Member

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    Inflation has been up since long time ago. Where have you been, my friend? Food cost has been up and milk price is up, gasoline price is up (relatively to previous years, of course). I bought a subway sandwich this week + a drink + chip (a combo meal) and it was 9.76 dollars. Same meal last year I remember around 7.55. We're talking about almost 2 dollars up ( a 26% increase in price). The dollar has been down in value significantly since the first QE. Look up "US dollar chart/index" and you see if it's going up or downhill (overall picture). We're close at 17 trillion dollars debt!


    Housing is also up in price now while the economy is not doing any better. In fact, I believe it's worse than before. Lots of people don't have jobs and more and more people are on welfare, food stamp....heavily depending on goverment aid. Welcome to socialism and communism. We're heading there.

    The collapse of Russia sounds familiar? You bet.
     
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  28. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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  29. Unchained

    Unchained 5+ Year Member

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    This is spot on. BMBio don't buy the nice rosy picture the media is painting for the Obama administration which they love. The participation rate probably puts unemployment at more like 12%. The dollar has been greatly devalued over the last 4 years. The only reason the housing market has come back is because billionaire investors like Carlos Slim are buying thousands of units. Wait until they bring back "no money down" investing in a few years and start to raise interest rates. I'm seeing another crash in 3 to 4 years. The stock market is not an indicator as to how the overall economy is performing.
     
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  30. BenJammin

    BenJammin No Apologies 5+ Year Member

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    Ah-ha! I trapped you, my friend. I said "dream home" for a reason. There is no such thing as a starter home anymore and people are now buying houses where that they plan on having their wake. That's why the market is irrelevant once you buy it. Housing prices can plummet to zero for all I care. That's my executors problem and hell, I'll enjoy the lower property taxes anyway.
     
  31. awval999

    awval999 New Member 10+ Year Member

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    I find it interesting so many people put off investing because of "a bubble" or a "crash" that they all see coming. It's not that easy folks. At the end of the day you are buying slices of the American (and world) economy. You have a long horizon. Over the course of 30 years, stocks have ALWAYS won.

    If you truly don't believe in capitalism or the free markets, if you truly think they will fail, then we are so ****ed it's really not worth discussing. Even though I voted for Obama, maybe it would have been better if Romney would have won, hopefully the next guy won't cause half the country wishing our economy will fail. It sickens me, honestly.
     
  32. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    Inflation isn't coming. We have become Japan. Hell, imagine the deflation we'd be seeing if not for the QE. The majority of workers are making less money and the majority of the money being made is being kept by the upper classes that are just saving it. We remain in a case of depressed aggregate demand...and as the middle class has less and less disposable money...the currency will deflate. Great news for the wealth class. Total balls for everyone else that cares about trivial things like manufacturing and creating a strong middle lass. You can't have inflation if there is no demand. Show me where this magical demand from a recovery filled with mediocre-at-best service economy jobs comes from and I'll be all ears.

    I know the stock markets are going up, up, up...and that scares many expecting the oher shoe to drop. But the fact is that corporate America actually HAVE been making some sick profits lately. Increased worker productivity is doing wonders for them. Some of the rise of the Dow is legit. They just realized that a whole lot of people are perfectly expendable. You average millionaire is perfectly fine with the current economy.
     
  33. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    How about Tesla Motors? First their stocks goes nuts. Now today Consumer Reports has called the Tesla S the best car they have ever reviewed in the history of heir car reviews. And to top it off, their CEO announced on his Twitter that they have found a way to charge the Tesla faster than you can fill a tank of gas...and an official presser is coming in the future.

    Amurica!

    No, seriously, I'm unbelievably proud such a great product is being built in America for an American company with well paid American workers.
     
  34. Momus

    Momus 7+ Year Member

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    I need a car that can drives itself like the one google had. Couple hundred thousand mile without accident. I dont know why they discontinued the project... I think Mercedes has one in the making ready to go 2020 for public...7 more years chit..
     
  35. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    Tesla is working on that with Google, too. Read their Twitter.

    Elon Musk is some sort of genius. Invent PayPal...CEO of Solar City...he's going to kill the combustion automobile engine with his Tesla (the company in and of itself is an awesome homage to another true genius)...
     
  36. lorain

    lorain 2+ Year Member

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    i think youre spot on.....im so proud of this and wish more products are built here

    i want to support this country and not use cheap labor in foriegn countries where those poor people get crushed in buildings and die by the hundreds (see what happened in BANG)
     
  37. lorain

    lorain 2+ Year Member

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    gold dropped like a shoe and i know people whove lost thousands in it
     
  38. Momus

    Momus 7+ Year Member

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    Oh no, you didn't!!!
     
  39. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    Don't mention the "g" word!
     
  40. joetrisman

    joetrisman 5+ Year Member

    I'd be surprised if a movie wasn't made about him/Tesla. Tesla has nearly gone under several times over the last few years. Musk invested everything he had personally to the point, iirc, he wasn't able to pay bills and had to ask friends to help him pay personal expenses. They are the first american car company to go public since ford back in the 50s :thumbup:
     
  41. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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  42. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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  43. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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  44. lisinopril

    lisinopril Account on Hold Account on Hold 2+ Year Member

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  45. Unchained

    Unchained 5+ Year Member

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    You are very wise. The corporate media is totally controlled by powerful wealthy interests who push their own agendas. We no longer have a free press. If they want a war they find a reason such as "Iraq has WMD's." They want to restrict gun rights they manufacture a shooting.

    I'd like to think CNBC squawk box is a good place to get unbiased finance information but I'd probably only be fooling myself. They seem to lead us like sheep. The contrarian viewpoints always seem to disappear during a rally.
     
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  46. xiphoid2010

    xiphoid2010 7+ Year Member

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  47. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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  48. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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  49. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    Consumer Price Index came out today.

    ....aaaaaaand we've entered a deflationary period. The US Dollar keeps gaining strength. The "G" word is under 1400 again and Yen is back over 100. Which I'm sure make those currency rigging *******s happy. Any hope we had of a rebirth of American manufacturing got bleaker. This is good news for most of us on here with **** like portfolios and cash. Everyone else...not good. Inflation would do wonders for my low APR fixed rate mortgage and student loans.
     
  50. joetrisman

    joetrisman 5+ Year Member

    Thanks Mikey. I didn't think my student loans could get worse:rolleyes:
     
  51. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

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    Today was a bad day with all the negative economic news. But, the S&P only dropped by 0.5%. People are still very optimistic.
     

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