Contents

Recent topics

User

Welcome, Guest. Please login or register.

May 14, 2026, 06:23:16 PM

Login with username, password and session length

Pages: 1 2 [3]   Go Down

Author Topic: Investments?  (Read 7950 times)

0 Members and 2 Guests are viewing this topic.

Offline |BUG| Desert Eagle

  • Custom Mapper
  • Buggar
  • Addicted
  • *******
  • Posts: 102
  • Gender: Male
  • The Eagle Has Landed
    • View Profile
    • The Ravens Nest
Re: Investments?
« Reply #30 on: March 06, 2007, 08:49:58 PM »
My method is very straight forward. I use gasoline for my car, so have stock in Oil company. I use Natural Gas for my home, so have stock in Natural Gas company.  Use electricity for my home, so have stock in Electrical Company.  Shop at certain retailers, so have stock in them. Use certain brand name appliances, so have stock in the companies that manufacture them.

Simple system, which makes me feel good and will make me a little money in the long run.  With the Internet Trading Companies now days, actually very easy for just about anyone to do. Worst part in any investments is tax time..:)
Logged

Offline |BUG| Shamu

  • Buggar
  • I have no life
  • *******
  • Posts: 1,190
  • Gender: Male
  • Growing old is mandatory, growing up is optional!
    • View Profile
Re: Investments?
« Reply #31 on: March 06, 2007, 09:02:29 PM »
Quote from: Desert Eagle on March 06, 2007, 08:49:58 PM
Worst part in any investments is tax time..:)

Actually DE you should look at this as a positive. If you are paying taxes you made money.......so don't complain :laugh:

If you don't want to pay taxes just be a bum and don't earn any money. It's Catch 22.

As far as your investing philosophy goes you are actually very close to Peter Lynch's investment philosophy. Lynch is best known for his time as manager of  Fidelity's Magellan Fund, one of the largest Funds in the US. He is also considered an investing wizard, much like Warren Buffet.

Magellan Fund, during Lynch's time as manager, consistently beat the industry averages. If I am not mistaken many of his decisions were simply based on his personal opinion of a product or service. I also believe one example was Bic pens. He saw them for sale, used one, liked the price of the pen and bought the stock. The rest is history.

I could use a little of his help right now ;D
Logged

Offline -=SC=- ArChAnGeL

  • Noob
  • *
  • Posts: 23
    • View Profile
Re: Investments?
« Reply #32 on: March 07, 2007, 12:14:59 AM »
Man o man, I show after months of absence and miss a fun thread like this.. Considering this is my field of expertise... I can help to the best of my ability, and whatever I cant answer I will put my analyst to work to earn his paycheck...lmao 
However, I went cross-eyed trying to catch up on this thread...lol   Hello all, long time no speaky... IRISH/ARCHANGEL :beer:
Logged

Offline |BUG| Shamu

  • Buggar
  • I have no life
  • *******
  • Posts: 1,190
  • Gender: Male
  • Growing old is mandatory, growing up is optional!
    • View Profile
Re: Investments?
« Reply #33 on: March 07, 2007, 12:41:48 AM »
Quote from: -=SC=- ArChAnGeL on March 07, 2007, 12:14:59 AM
Man o man, I show after months of absence and miss a fun thread like this.. :beer:

About time you show up >:(

The financial end of my mindset suspects your arrival is calculated, planned, and appropriate. With the market down your bank CD's are looking bit better, certainly safer ;) :D

However, do not get too cocky, I have mentioned ING in an earlier thread 8)

Disclaimer: To those who do not know Arch / Irish understand my comments are in wholly in jest. Irish can offer good advice and many various vehicles for savings. I have even sought his advice.
Logged

Offline |BUG| Desert Eagle

  • Custom Mapper
  • Buggar
  • Addicted
  • *******
  • Posts: 102
  • Gender: Male
  • The Eagle Has Landed
    • View Profile
    • The Ravens Nest
Re: Investments?
« Reply #34 on: March 07, 2007, 05:29:08 PM »
Well with a casino now open a 1/4 mile from my house and brining in 8 million dollars a day since last week when then opened, and with Erie County pushing for table games in the casino, looks like maybe some investing in MTR Gaming or some of the property that is now for sale around the casino.  I think Erie needs another Hotel; The Desert Eagle Inn...:)
Logged

Offline -=SC=- ArChAnGeL

  • Noob
  • *
  • Posts: 23
    • View Profile
Re: Investments?
« Reply #35 on: March 08, 2007, 12:31:46 AM »
Quote from: |BUG| Shamu on March 07, 2007, 12:41:48 AM
Quote from: -=SC=- ArChAnGeL on March 07, 2007, 12:14:59 AM
Man o man, I show after months of absence and miss a fun thread like this.. :beer:

About time you show up >:(

The financial end of my mindset suspects your arrival is calculated, planned, and appropriate. With the market down your bank CD's are looking bit better, certainly safer ;) :D

However, do not get too cocky, I have mentioned ING in an earlier thread 8)

Disclaimer: To those who do not know Arch / Irish understand my comments are in wholly in jest. Irish can offer good advice and many various vehicles for savings. I have even sought his advice.

Actually, I was waiting for your portfolio to tank before I showed up... :help: But I figured since I am a nice guy i would peek in and offer my assistance before your portfolio started looking your COD stats..lmao  You obviously need a little luck of the  :iri:  ;D
Logged

Offline |BUG| Shamu

  • Buggar
  • I have no life
  • *******
  • Posts: 1,190
  • Gender: Male
  • Growing old is mandatory, growing up is optional!
    • View Profile
Re: Investments?
« Reply #36 on: March 10, 2007, 07:26:13 PM »
Back in the black Irish......not too bad considering.

Many fnds still in red but overall total for the year is black....... barely.
Logged

Offline |BUG| Shamu

  • Buggar
  • I have no life
  • *******
  • Posts: 1,190
  • Gender: Male
  • Growing old is mandatory, growing up is optional!
    • View Profile
Re: Investments?
« Reply #37 on: March 12, 2007, 05:08:40 PM »
I thought the following link was interesting info on the savings habit and the rewards it can bring.

http://money.aol.com/marketwatch/general/_a/vanguard-mutual-funds/20070301173109990002
Logged

Offline |BUG| Shamu

  • Buggar
  • I have no life
  • *******
  • Posts: 1,190
  • Gender: Male
  • Growing old is mandatory, growing up is optional!
    • View Profile
Re: Investments?
« Reply #38 on: March 22, 2007, 02:05:08 PM »
Only one fund still in the red, VGENX. Being an energy fund I do not expect it to stay in the red for much longer.

Other 7 funds are all, once again, profitable for the year.

Question is, has the market stabilized?
Logged
Pages: 1 2 [3]   Go Up