[quote]on edge wrote:
Alright already. I’ll buy Ford tomorrow. There, are you satisfied? Geez.
BTW, nice real estate post above. I’m going to have to start reading what you have to say. [/quote]
I’m glad you are reading what I have to say but don’t just rush into investments. For all you know I could be some douche bag Guru trying to sell more investment courses that has no real experience.
As far as real experience goes I have a little bit with stock an only theoretical knowledge with Real Estate(Give me a break I’m finishing up college). However, I’ve been reading up on both for years by people that walk the walk and are blunt and to the point. I’m also pretty good at weeding out who knows their stuff and who doesn’t but even I catch myself leaning towards some BS hype and have to snap out of it.
The reason I harp on Ford so much is because it is such a good price and it has already taken the beating and is waiting for the rest of the market to catch up.
I’ve got another good stock pick I’ve read about today, BTW this one along with FORD weren’t originally thought up by me, Cooper Tires. Not only does Cooper tires have a damn fine name, I’m biased cause it is my last name big whoop you wanna fight about it, but they put out a good product.
The reasoning behind Cooper Tires is that the main ingredients have gone down in price quite a bit so now when they are selling their tires it will be at a profit. When commodities were sky high they took an ass beating. Now commodities are back down and we have a recession. People will always need tires and since more and more of us are keeping the cars we have were gonna have to change them some time instead of buying a new car. When you have to choose between Cooper at $75 or another name brand at $150 and you don’t have much disposable income it isn’t hard to see the writing on the wall.
I still think Ford is a better deal but this would definitely help a bit with diversification and the reasoning behind this choice is sound. It’s a little late now but a good way to gauge the economy is to look in the paper for used RVs, boats, motorcycles, and other big boy toys. When the economy is good people want to buy new so their will be less used stuff for sale and it will more than likely be on the older side. Note: Now in the beginning of a good economy there may be a lot of used stuff for sale because everyone has money and wants to upgrade. On the opposite end when the economy slows down people will be buying used if they are buying at all. More than likely everyone will be selling their used toys and they won’t be too old either.
Little things like carpooling, used section in papers, increase in bikers and the new/used car industry can help you get a pretty good grasp on whats going on in your area.
Fuck that! It seems as the years go by I swear more…actually I think I just do it more when it is stuff I’m excited/interested about. Finance has for the most part been fairly easy for me to grasp and I’m interested in it…this probably puts me leaps and bounds above the average shmuck.
Next post will contain links to good posts on the REI forum. Their search function works well but I’ll attach some of my favorites.