quote:

Originally posted by LazFX Hey I am on that as well, what part of the fed do you work for??

i got out of the Navy in December.

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Originally posted by Q5echo i got out of the Navy in December.

A fellow Navy person, I also served in the Navy, fast attack sub, USS Miami, based out of Rotten Grotten, CT back in the day....
Now I work for the feds down in Austin,

I thank you for serving

take care

laz

quote:

Originally posted by LazFX A fellow Navy person, I also served in the Navy, fast attack sub, USS Miami, based out of Rotten Grotten, CT back in the day.... Now I work for the feds down in Austin, I thank you for serving take care laz

get the fuck out! i was on the (SSN 700) Dallas! '97-'00

f##kin hated Groton.

Last edited by Q5echo on Apr-05-2006 at 11:59

quote:

Originally posted by Q5echo get the fuck out! i was on the (SSN 700) Dallas! '97-'00 f##kin hated Groton.

God I hated Grotten too, but the mess hall was the shit, loved my double mushroom, double cheese omelets & and the french toast was this bomb, but we always took the train to NY every weekend during BESS. God I miss NY and thats the only bonus I like about Grotten Rotten.

Aren't you going to let the rest of us know what Groton is???

Actually the Sub base is in New London, Conn. But Groton is like a stone's throw away and when old US Navy guys speak of that particular base we call it Rotten Groton.

oopps sorry about the hijack,

back on topic

Check it out I am on a winning streak. Oh yea net worth 4876. Who has more money than me??

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Originally posted by metalgearsolid Check it out I am on a winning streak. Oh yea net worth 4876. Who has more money than me??

I do.

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Originally posted by Shakka I do.

Right. This would be because you invest for a living. Wanna give me some inside tips huh huh huh??

Im thinking of starting a portfolio soon with a time frame of 2 years. I've got some stocks in mind let me know what you guys think (for those who know their shit)

GLD- STREETTRACKS GOLD
SBX- STARBUCKS
AAPL- APPLE
XLE- ENERGY AND NATURAL GAS ETF
BHP- BHP BILLTON

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Lost Souls

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Originally posted by kush paintings Im thinking of starting a portfolio soon with a time frame of 2 years. I've got some stocks in mind let me know what you guys think (for those who know their shit)

Now, I know what you are thinking its metalgear hes an idiot I will not listen to him. But just listen to my opinion I have read ten books on investing smart. So how much money are you going to be investing? Anyways here I go and I am sure Shakka can help you out just as good as me but not as good as me because I am metalgear. OK? You want two years so you want growth stocks you don't want stocks that are already at a high price. Two yrs=A lot of risk and just go below.

quote:

GLD- STREETTRACKS GOLD

59.60Last Trade which was today. In the past 52 weeks the highest it was 59.34. So actually it is growing slightly. I wouldn't want to invest money in this stock because it has already reached a high price and chances
are it can only go down. It would have been a good idea to buy when it was 41 but no it will go down back to that price but the point is this is a bad stock and you shouldn't buy it because of its high price and the most likely scenario will be you lose money in two years. So don't invest.

quote:

SBX- STARBUCKS

What you serious? Ok after looking at the yr I can see that it looks like a good investment and the best thing about starbucks is that there is still room to grow and when you mention coffee people know starbucks. peole want starbucks so this stock will be ok to buy.

quote:

AAPL- APPLE

Ok something tells me you don't knoow any other company so you choose companies that either are known or have real high stock price. I like Apple and how they are making their computers compatible with windows. This will increase the market not for Apple but for MSFT. So no like a several years ago there was CISCO and ORACLE and those companies were the shit. You really should invest in Apple but with caution.

quote:

XLE- ENERGY AND NATURAL GAS ETF

52wk Range: 37.94 - 58.28 Again with the freaking stock that grew in the past year and now is real high. No room for growth. For the love of god man stop picking stocks which already grew.

quote:

BHP- BHP BILLTON

52wk Range: 23.46 - 44.00
Ok you want stocks that will grow? No good. This stock already has had its growth can you see it growing? Its the bigger than its competitors. I really can not see it growing compare to its competitors. I don't like it and I wouldn't invest in it.

Remember several things that will affect your money: TAXES, COMMISION, TIME. Pick other stocks.
TTH,PWT,CTIC,ETQ,MIG,LTEC,FRG, those are my stocks. Growth man Growth

Last edited by metalgearsolid on Apr-11-2006 at 00:44

property > stock market.

you need to have a whole lot to invest to make anywhere near the same amount of money. whereas a bank will lend you the money to buy property a whole lot easier investing $4000 in the stock market is a pointless exercise (unless you have some hot inside information). you might as well play lotto.

metalgear is correct in that you want stocks that will grow; however property always grows. for example, a family home 30 years ago cost an average of $37,000 in my city. those houses are now selling for $350,000 or so.

rightyo, we\'ll continue.

my unit is costing me $56/week (before tax concessions). now, property roughly doubles in price every 9 years or so in my city. so, $56/week x 52 weeks x 9 years = $26,208 contribution by me. whereas my property has increased in value over that time by $160,000, and i have paid (with rental income) $119,808 off the mortgage.

even if it doesnt rise in value at all, i have still paid $119,808 towards a mortgage for which less than $30K came from me. easy.

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