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re: Reccomend some buy and hold stocks

Posted on 7/15/15 at 4:24 pm to
Posted by STLhog
Nashville, TN
Member since Jan 2015
17724 posts
Posted on 7/15/15 at 4:24 pm to
quote:

But it seems that those companies are great to buy when the market is down and sell when it is booming.


Ford's price movement has been super lackluster.

Even if you bought a shitload in 09 and sold at the high, you really wouldn't have made that much?

I think it's a buy and hold and thats it. Just do a DRIP on it and buy more back as it dips cyclically.

Just my opinion though.
Posted by Omada
Member since Jun 2015
695 posts
Posted on 7/15/15 at 4:36 pm to
Ford was below $3 a share from October 2008 to April 2009- the same time as the stock market crash. At the start of 2011, it got a bit past $18 a share. It's stock price has been lackluster since, but even the price now is at least 5x what it was then.

Another thing to keep in mind is that the economy may not have improved to the same extent that the stock market has. The market got held up by cheap and easy Fed money/low interest rates. I think the economy has improved since 2009, but the stock market has really outpaced it.

Of course, I'm no economist, so I could be wrong about that. But, if I was an economist, I'd believe I wouldn't exist because I have beaten the market before.
Posted by bayoubengals88
LA
Member since Sep 2007
18996 posts
Posted on 7/15/15 at 4:38 pm to
I understand what you're saying, but 400-600% are the type of gains I'd welcome anytime!

That's is you bought at $3 or $4 and sold at $18...
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