- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Thoughts on VALE?
Posted on 7/30/13 at 1:53 pm to Cousin
Posted on 7/30/13 at 1:53 pm to Cousin
Hard to say if it's a value trap or not... $500 is not bad to dip your toe into the water.
Ultimately, these stocks will bounce back. But how low do they go before investors jump in because they're so underpriced.
With VALE you have some China risk (they're buying materials & commodities firms cheap and operating them super-inexpensively) and you have Brazil economy risk.
I've bought quite a bit of FCX on dips. But these are probably stocks to hold for 5 years or more.
I've seen worse ideas, but really catching a falling knife tends to be a bad strategy. I'd rather buy a stock that keeps inching up than one that keeps inching down. But if you're a value player, just bank the dividend and be prepared to hang on for awhile.
Ultimately, these stocks will bounce back. But how low do they go before investors jump in because they're so underpriced.
With VALE you have some China risk (they're buying materials & commodities firms cheap and operating them super-inexpensively) and you have Brazil economy risk.
I've bought quite a bit of FCX on dips. But these are probably stocks to hold for 5 years or more.
I've seen worse ideas, but really catching a falling knife tends to be a bad strategy. I'd rather buy a stock that keeps inching up than one that keeps inching down. But if you're a value player, just bank the dividend and be prepared to hang on for awhile.
2
Posted on 7/30/13 at 1:57 pm to austiger
quote:
But these are probably stocks to hold for 5 years or more.
I'm trying to buy and hold so I have no problem holding for 5yrs or more.
quote:
But if you're a value player, just bank the dividend and be prepared to hang on for awhile.
To be honest, I just started out. I am very new to this and just trying to learn. I figured the best way to learn is to get active in it. I only have $2500 out there and I would hope to not lose it but if I do, I won't be broke over it.
Posted on 7/30/13 at 4:30 pm to austiger
I too am in FCX and VALE with longer term expectations. I'm also in ITUB, the Brazil based bank at a low entry point earlier this month. I think these are good 5 year plays. Brazil, China, Mining and Commodities all have their inherent risk factors. Mining is getting it's clock cleaned. Look what it did to CAT this year.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News