Home › Forums › Financial Markets/Economics › It’s up how much?
- This topic has 88 replies, 12 voices, and was last updated 10 years, 4 months ago by CA renter.
June 18, 2012 at 9:32 AM #19882June 18, 2012 at 9:36 AM #746008
No startup. But loading up on qualcomm. Assuming they take care of their supply issues.June 18, 2012 at 9:54 AM #746012HuckleberryParticipant
[quote=flu]No startup. But loading up on qualcomm. Assuming they take care of their supply issues.[/quote]
I am also loading up on QCOM. Many analysts state this is a $65 stock by EOY. Trading in mid 50’s now is a great discount…June 18, 2012 at 10:03 AM #746014
[quote=Huckleberry][quote=flu]No startup. But loading up on qualcomm. Assuming they take care of their supply issues.[/quote]
I am also loading up on QCOM. Many analysts state this is a $65 stock by EOY. Trading in mid 50’s now is a great discount…[/quote]
I bit the bullet and bought 2200 shares last week on top of what I purchased the previous week. So yeah, this is going to be an interesting situation in the coming month or so… I’m not greedy, if I can get $60/share in the next 3-6 months, I’m out.
Some of you folks on the board probably work there..So you need to quit posting and worker harder! 🙂
I’m also loading up again on oil/gas… BP and VLO seems heavily discounted. VLO was near $30 a few months back. I’m back in at $23.
Of course, this means all the afformentioned companies are now going to tank..I pity folks that work in the companies that I own shares in… It’s a long long way down 🙂June 18, 2012 at 10:04 AM #746015desmondParticipant
NAVBJune 18, 2012 at 10:05 AM #746016
Don’t laugh, but solar stocks are dirt-cheap now. And we’d be stupid not to exploit a basically free energy source in the long run.June 18, 2012 at 10:07 AM #746017
Desmond was so spot on arna…. And dude told me to get in when it was dirt cheap.. I wish I listened…
Unfortunately, biotech/pharma scares the living crap out of me. I don’t understand the business.. I wish I had the guts to play. You’re probably going to be right on this one too.June 18, 2012 at 10:09 AM #746018
[quote=spdrun]Don’t laugh, but solar stocks are dirt-cheap now. And we’d be stupid not to exploit a basically free energy source in the long run.[/quote]
Not laughing because I would agree with the energy source. My only concern is that it seems U.S. companies can’t compete. There’s so many cheap manufacturers from overseas, and we’ve seen a bunch of u.s. companies going under recently. Not sure if any of the big overseas players are listing as ADR on the u.s. exchanges.June 18, 2012 at 10:10 AM #746019
unrelated topic. Anyone thinking about spain bonds? 🙂
7%… I know. How does one go about getting a leg in them?June 18, 2012 at 10:18 AM #746020
Property in many parts of the country can yield 7%+. Why would you bother unless you were masochistically inclined?June 18, 2012 at 10:47 AM #746025
[quote=spdrun]Property in many parts of the country can yield 7%+. Why would you bother unless you were masochistically inclined?[/quote]
I have (a) property that is yielding 7%+ in sd. And other property elsewhere as well and I’m working on more here. Let’s just say, I want to spread the risk.
7-10% (depending on how you count) on a rental also has some simplifying assumptions..it doesn’t account for possible PITA factors. For instance, depending on how one counts, it may or may not include a cushion for turnover or average expected vacancy for a given location, which can very depending on tenant and location.
A few months back I could probably do 6% on a section 8 in MM, because a few folks asked me a few months back. BUT then again you’re kinda stuck in it for a longer time. pus for this first one in San Diego, I kinda want to keep it stupid simple.
but to answer you. If I could consistently get a 7% return on a paper instrument with reasonable risk, I would probably do that more so than doing rental property, a la less PITA factor. People like to advertise they are great guru’s when it comes to paper investing. I’m not. For every 25%+ gain in one “investment” I bank, I probably have a -13-25% one as well. So if I average out in a year better than the markets, I feel I’m already doing alright.June 18, 2012 at 10:56 AM #746028
The Spaniards are more likely to default on their debts than US real estate is to disappear :). 7% ain’t worth the risk to me.June 18, 2012 at 10:57 AM #746029
[quote=spdrun]The Spaniards are more likely to default on their debts than US real estate is to disappear :). 7% ain’t worth the risk to me.[/quote]
Lol. I know…entertaining isn’t it? Well greece is saved (for now :))June 18, 2012 at 11:08 AM #746030The-ShovelerParticipant
Having FB and GRPN take the lead today is not inspiring me,
Course I have been out of the market all year so that is not saying much.
I went to the Pechanga Golf course (The Journey at Pechanga) yesterday (father’s day) and the place was deserted.
There is talk of Ferrari owners filling with regular gasoline.
Things are bad I tell you..
IMO,June 18, 2012 at 11:19 AM #746031sdrealtorParticipant
I played there a couple weeks ago. Its a small fortune to play there but we got out with group outing for $80. Its like an amusement park of golf. Would love to play there again.
How did you like the 4th hole and did you play from the way back tees on it?
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