Started By
Message

re: new dow high,every stock seems to be at an all time high..what are you buying?

Posted on 5/8/13 at 7:28 pm to
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 5/8/13 at 7:28 pm to
quote:

I Love Bama


But Dave Ramsey says..............
Posted by I Love Bama
Alabama
Member since Nov 2007
38436 posts
Posted on 5/8/13 at 7:32 pm to
Besides. I make way more money in other investments besides the stock market. I just put money in cause I am told I should. Lol
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/8/13 at 7:36 pm to
quote:

every stock seems to be at an all time high
which is why i want to wait to get into the game
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 5/8/13 at 7:46 pm to
Threads like this make me want to buy everything
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/8/13 at 7:52 pm to
you're heavy in real estate right?
Posted by 632627
LA
Member since Dec 2011
15277 posts
Posted on 5/8/13 at 8:02 pm to
this goes along to the question i asked in a thread i started earlier. i have money to invest, but have no interest in getting in at this all time high. only thing is i dont want my cash sitting in a savings account earning .04% either.
Posted by RunningBlake
Member since Aug 2011
4123 posts
Posted on 5/8/13 at 8:22 pm to
What's wrong with Altria(MO), parent of Phillip Morris (PM)? Seems to be pretty safe.

Posted by I Love Bama
Alabama
Member since Nov 2007
38436 posts
Posted on 5/8/13 at 8:24 pm to
Yep.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/8/13 at 8:27 pm to
i'm in the exact boat man.
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 5/8/13 at 8:27 pm to
running blake, I have tons of both, but they're both at all time highs and trading at nearly 20x earnings which means you're future growth is slight.

In the past MO was trading at 9x earnings and now its at 17x earnings, the thing is MO is like a giant bond its not a high growth stock so 17x earnings is crazy, its actually a declining market but the profits are increasing bc of cig pack increases.

When valuations get that high you're a growth stock.....which is why apple at 10x earnings is crazy bc its trading like a stock that wont grow, thats the only thing ive been buying BUT i dont wanna buy that much apple I dont really trust tech that much and its had a near 20% runup these last 2 weeks
Posted by slackster
Houston
Member since Mar 2009
91846 posts
Posted on 5/8/13 at 9:17 pm to
quote:

which is why i want to wait to get into the game




The S&P 500 literally set an all-time high in like 45 of the 50 years between 1950 and 2000. In 10 years, you will be saying "Damn, I wish I had invested in stocks back in 2013."
Posted by RunningBlake
Member since Aug 2011
4123 posts
Posted on 5/8/13 at 9:36 pm to
Thanks bigfella!
Posted by slackster
Houston
Member since Mar 2009
91846 posts
Posted on 5/8/13 at 9:43 pm to
The dot com bubble and the housing crisis has turned off quite a few people, but history is 1000% on your side with large cap dividend companies as many have already pointed out.

People are pretty good at knowing when stocks in general are undervalued, but no one can tell you when things are going to pull back. History shows you can be waiting for a pullback for a very long time.
Posted by Jim Rockford
Member since May 2011
105437 posts
Posted on 5/8/13 at 9:45 pm to
BXS is up 33% in the last year. Not buying, but my GF has a substantial block of it
Posted by lsualum01
Member since Sep 2008
1799 posts
Posted on 5/9/13 at 8:28 am to
Fertilizer stocks seem poised for a bounceback with food demand increasing each year, crop prices rising, and favorable natural gas prices. Buying CF. Would also consider AGU, and POT.
Posted by OnTheBrink
TN
Member since Mar 2012
5428 posts
Posted on 5/9/13 at 8:32 am to
quote:

Fertilizer stocks seem poised for a bounceback with food demand increasing each year, crop prices rising, and favorable natural gas prices. Buying CF. Would also consider AGU, and POT.


Add UAN to that list.
first pageprev pagePage 2 of 2Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram