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re: Reccomend some buy and hold stocks
Posted on 7/15/15 at 4:36 pm to STLhog
Posted on 7/15/15 at 4:36 pm to STLhog
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.
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.
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