Given that Board 8's population skews older, I don't think it would be too big a leap to say most of us have investments somewhere. Let's see if we can bounce some ideas off of each other in our quest to grow our net worth, or at least not lose what we already have.
Personally, after seeing Facebook belly flop and tanking a bunch of its cousins, I think we're in for a bumpy ride down for the rest of this year. dot com 2.0? It's starting to look like it.
I am not a financial professional, but since when did you have to be one to have an opinion on the market?
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All hail giltanil, the Second-to-Last User Standing!
i bought Sony stock recently. and think i may want to buy more. did buy more Nintendo. Japanese market is taking a beating like crazy and it's a solid place to put money in because the yen's more reliable, which is what these companies go by.
JDSU friggin' TANKED like a rock after that 30% growth to start the year. shame there (for me). i'm still on the positive with a couple stocks, but the past few weeks have really battered me down.
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The King Wang. Listen up Urinal Cake. I already have something that tells me if I'm too drunk when I pee on it: My friends. - Colbert.
I've been taking a ****ing beating over the last few weeks.
The only gaming-related stock I own is MSFT. Only about $500 worth though. I'd love to pick up more but right now I'm saving to purchase a bond fund as I need something more stable before I get out of the military.
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SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/
I'm just (re)starting my retirement funds. My new job has a 401k program, and starting next month I'm putting 10 percent of every paycheck towards that goal. I'm putting something like 40 percent of that into stock funds, spread between small-, mid-, and large-cap stocks. I've got another 25 percent in a "balanced" fund, and I can't remember where the other 35 percent went. I'm sure I'll find out when the statements come out.
I'm thinking everyone jumped back onto the AAPL train once Facebook got reamed today. I get why Apple is considered "cheap" based on its valuation, and that upcoming dividend is looking pretty nice, but there's just something about that $500+ share price that bothers me. It's the same reason I won't touch Google, Chipotle, or Priceline.
When would you jump into Facebook? I don't think it's worth considering above $20, but I am looking forward to options coming online next Tuesday.
Nothing wrong at all about boring dividend stocks, baron. Stocks of solid companies that will very likely still be here 30 years from now should be the core holdings for any investor. Coke (KO) has been very good to me ever since I first acquired the position. My newest core holding that I started last year is Intel (INTC). ARM is a worthy competitor now that AMD has faded, but I don't see Intel giving up its spot anytime soon.
Also Chipotle and Priceline are overvalued, but Google really isn't. Saw an article on TMF recently where they showed a graph that depicts Googles earnings steadily rising and rising and rising while its share price basically stays flat.
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SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/
man, i'm pretty sure my friend shorted that thing immediately. i wish i did. at least now it's getting around to its proper value, but yeah, i think most investors expected this. a stock isnt' just the value of a company, but its ability to make money. facebook isn't really able to do the latter as well as it thinks it can.
mark should've just sold all but like 5% day 1. make himself an easy 40 billion that way.
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The King Wang. Listen up Urinal Cake. I already have something that tells me if I'm too drunk when I pee on it: My friends. - Colbert.
<p>From: Wanglicious | #016 mark should've just sold all but like 5% day 1. make himself an easy 40 billion that way.</p> What would that say when the guy behind everything dumps his entire ownership immediately? Sure it woulda been great for his castle-building exploits, but the share price would have torpedoed a lot worse than it already has.
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Yoblazer: http://i32.tinypic.com/zlf1w7.gif Watch and you'll see... someday I'll be... part of your world!
Just curious... does anyone here actually own shares of Apple? I saw it didn't do so well again today, just like the market in general. The upward spikes are impressive, but it can't seem to hold any ground right now.
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All hail giltanil, the Second-to-Last User Standing!
I own 2.3 million shares of board8chat (B8C) valued at 1 zimbabwean dollar each, but if I wait until right at the end of round 1 of UOTY 2013, I'm sure I can sell them for a 200-300% gain
-- _foolmo_ 'It's easy to get yourself in trouble if you start quoting people who don't like you in your signature' - Mods
Been taking a heavy beating in Nintendo the past 2 months after 2 good months before that. I figure the market cap is pretty close now to the amount of cash/assets Nintendo has in reserves, with zero debt, so there shouldn't be much downside left, so I'll stay in.
I bought some Facebook since it didn't pop; am comfortable with a 100B valuation. That's half of Google.......is Facebook half as important a company as Google? Sure, Google hasn't really done anything that's really caught on besides search. And it's got a 10 year head start on finding way to monetize the userbase. I agree Chipotle and Priceline are overvalued.
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Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link.
What would that say when the guy behind everything dumps his entire ownership immediately? Sure it woulda been great for his castle-building exploits, but the share price would have torpedoed a lot worse than it already has.
Yeah, the market probably couldn't take that volume of selling. I think they only sold something like 10% of the stock total for the IPO......so selling 3 times that from Zuckerberg would probably torpedo the stock really badly, even before he got off most of the trades.
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Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link.
On another note, while driving up the California coastline yesterday, I heard an ad on the radio saying that stock prices were too high, and people should buy silver (preferably physical silver from them) instead. That's kind of bothersome, on the theory that if listening to ads like this is a bad idea, then silver should go down.
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Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link.
Sure, Google hasn't really done anything that's really caught on besides search.
WTF are you smoking? Google is the leading SEO/SEM provider on the internet. Adworks and Adsense are incredibly valuable; Google shares in the Android OS revenue; and gmail is the #1 most profitable email system by far.
-- SephirothG, channeling awesomeness from Mershiness. The Resurrection
<p>From: red sox 777 | #028 On another note, while driving up the California coastline yesterday, I heard an ad on the radio saying that stock prices were too high, and people should buy silver (preferably physical silver from them) instead. That's kind of bothersome, on the theory that if listening to ads like this is a bad idea, then silver should go down.</p> You must not listen to much conservative talk radio, because ads like this are about 50% of the market for ads on such shows!
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SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/
WTF are you smoking? Google is the leading SEO/SEM provider on the internet. Adworks and Adsense are incredibly valuable; Google shares in the Android OS revenue; and gmail is the #1 most profitable email system by far.
I grouped the SEO/SEM and ad stuff under search, but you are right about Android.
You must not listen to much conservative talk radio, because ads like this are about 50% of the market for ads on such shows!
Okay, not buying precious metals then.
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Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link.
But they did account for 50% of ads on conservative talk radio back then? There's always been some ads on TV/radio to buy gold/silver, after all, because there's always a market for it.
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Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link.
Hard to say what today's action means other than "lol Europe". I do have a very small amount set aside for FOREX trading, and my short Euro positions have been golden lately.
Apple may have gotten back on track, but it is hard to read right now.
Possibly a ton of fallout from the Facebook debacle as JP Morgan and Morgan Stanley are under investigation for negative info passed to their most prestigious clients and the NASDAQ is getting sued for screwing up order execution.
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All hail giltanil, the Second-to-Last User Standing!
I'd love to take the time to learn FOREX. Part of me feels like the Euro's craptastic future is already priced in. Another part of me feels like it still has a long way to go before it gets to zero.
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SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/
I got some MGM stock yesterday. It's back in the $10 range after spending a few months around $14. The PE of 2 is really attractive although I realize it's a rather misleading number. The company has a heavy debt load it's struggling to get out of, but I figure it should be very valuable if it survives the next few years as it owns about half the casinos Las Vegas strip and most of the better half. And it's got exposure to the Macau market too. MGM has a market cap of around 5 billion, my guess is either the Bellagio or the MGM Grand Macau alone would sell for that much, and they've got 20 other casinos beyond those two. Of course MGM corporate has a crushing debt load to deal with.
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Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link.
Awesome, MGM-owned casinos are the clear best for gambling (at least for table games anyway, don't know about slots) in Vegas if you're not a high roller. The MGM Grand sometimes has a blackjack game where the dealer stands on 17 for only a $10 table minimum- as far as I know, it's the only place on the strip you can get those rules for that low a limit- see if you can find it.
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Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link.
A lot of FOREX sites will let you have practice accounts, SmartMuffin. Some even have tutorials and livestream sessions for newbies. I got started with a few hundred dollars and that has grown quite nicely over the past year. The swings can definitely get wild, so only use money you can afford to lose, take small bites, and adjust stops on winning positions so you don't end up giving it all back.
It's a nice diversion, especially on a day like today where the stock market can't make up its mind.
if you want a cheap FOREX broker online, Zecco does it. they're merging with TradeKing so the internet solutions exist. and yes, they do have a practice account for you to play with.
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"Maybe it's a tentacle, molesting the planet itself. - Aschen Brodel.
i mean man if i could go back in time and put money down on nintendo/sony and then get out right around 2006 christ, i'd be so set lol
i dont like gambling with money so i try to stay away from this. its more educated gambling but still. i need more money. if i get to a comfortable sum of money one day, i'll do some educated gambling lol
From: red sox 777 | #041 Awesome, MGM-owned casinos are the clear best for gambling (at least for table games anyway, don't know about slots) in Vegas if you're not a high roller. The MGM Grand sometimes has a blackjack game where the dealer stands on soft 17 for only a $10 table minimum- as far as I know, it's the only place on the strip you can get those rules for that low a limit- see if you can find it.
Really? My report is basically the exact opposite of this.
I'll say from the start that we were there the week of some big UFC title fight, so the place was packed, mostly with MMA fans, so maybe that affects the experience a bit.
But honestly, we kept leaving to seek out other places to gamble because the minimums there were too high. I didn't find the game you were speaking of. We only went to about four different casinos, but ALL of them had the lame-ass "blackjack pays 6 to 5" and "dealer hits on soft 17" rules in place. MGM had $15 minimums as far as I could tell (the place was packed though). When I felt like playing, I usually walked over to Excalibur which had both $10 minimums for blackjack and craps (cousin's game of choice).
Anyway, the rooms were nice enough, but I don't really have much to compare them to, and I have no idea what the actual cost was because someone else booked them and paid for them. I guess it was decent for a hotel, but the casino was way overcrowded, all of the bars were way overpriced, and the minimums were too high for our liking.
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SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/
Really? My report is basically the exact opposite of this.
I'll say from the start that we were there the week of some big UFC title fight, so the place was packed, mostly with MMA fans, so maybe that affects the experience a bit.
But honestly, we kept leaving to seek out other places to gamble because the minimums there were too high. I didn't find the game you were speaking of. We only went to about four different casinos, but ALL of them had the lame-ass "blackjack pays 6 to 5" and "dealer hits on soft 17" rules in place. MGM had $15 minimums as far as I could tell (the place was packed though). When I felt like playing, I usually walked over to Excalibur which had both $10 minimums for blackjack and craps (cousin's game of choice).
Yikes, I guess the fight and Memorial Day Weekend probably (hopefully) had a lot to do with it. And casinos do like to hide their best games (most favorable odds) far away from the entrance. Hit 17 isn't too bad, 6 to 5 renders the game unplayable. Glad to hear the place was packed though.
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Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link.
At least in the past, Excalibur was full of 6-5, but the higher end MGM properties were not. Though, generally the higher limits you're willing the play the better rules you get, so perhaps on a busy holiday weekend, the minimum to get decent rules was $15. Which sucks for players, yeah.
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Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick your 7 time champion, Link.