Thread: Investing

Can one really trust those ratings?

I went by the ratings & landed in soup.....now I just have to wait for at least 3-4 years for appreciation.

Yeah, don't buy them. Stay away from mutual funds.

I made a very nice return off of energy ETFs, but I wouldn't reccomend them now.

Your in a Roth IRA, can you trade yourself? Is your money sitting in cash?

I would advise a macro strategy.

Look at blue chips (GE, BP, etc.) with high yielding dividends, over 10%. Long term think about companies that have taken substantial hits due to downturn in production, but are poised to make strong gains in the rebound. CAT is a good example, under $40 they are a solid buy, but expect to hold for 3-5 years.

Also look at tech companies, you can buy them below their true value right now, again expect to hold. (cisco, Microsoft, IBM, applied materials, intel, CA, Oracle, SAP, etc. could be good opportunities)

Originally Posted by nkira

Can one really trust those ratings?

I went by the ratings & landed in soup.....now I just have to wait for at least 3-4 years for appreciation.

why can't we trust Morningstar ratings?

Originally Posted by Prince

why can't we trust Morningstar ratings?

Buy all the GE stock you can. Keep it simple.

We have some what similar websites too, for example Indian Stock Market >> Sensex >> Nifty >> Stock Prices >> Stock Recommendations >> Hot Stocks >> Stock Market Investing >> BSE >> NSE >> Derivatives >> Market Statistics >> Most Active Shares >> Penny Stocks India >> BSE index and securities informat I decided to go by the rating that they gave......& all went wrong...

No offense......

Could be my luck or timing......

I prefer actually sitting in front of a fund advisor & then deciding....that too if I know him through a trusted source....

Originally Posted by Prince

why can't we trust Morningstar ratings?

The point I was getting at is that in this market their are better opportunites than mutual funds.

I would actually be ok with seeing someone put most of their IRA into GE.

prince, you know you're going to get as many opinions to this as you will "whats the best cycle", with as much fact as bullshit spouted off

I say mutual funds, with long track records (over 10 years) of excellent performance, with your $7K spilt 25% into each of: growth, growth and income, aggressive growth, and international.

pay for an advisor? sure. but you can DIY just the same. Fidelity sells their funds. Why not transfer the money to Etrade or Scottrade and use their tools to research every fund?
however, you should be in a Roth, not traditional, so may need some help with that rollover (and you'll pay taxes as a consequence). best of luck

Originally Posted by urbanski

however, you should be in a Roth, not traditional, so may need some help with that rollover (and you'll pay taxes as a consequence). best of luck

I do have a Roth IRA, however you cannot roll a 401K directly into a Roth IRA, so I also have a Rollover IRA for this.

Originally Posted by Prince

I do have a Roth IRA, however you cannot roll a 401K directly into a Roth IRA, so I also have a Rollover IRA for this.

Yep, tax differences.
You thought about energy stocks, oil?
Seems like there is no stopping those.

I'm about to open up another lab.

Roid's ROIDS, inc. "donations" now being accepted.

Just spend the money, that way you won't have to worry about it anymore; this strategy has worked very well for me. You'll get to the point that you enjoy counting out coins to buy exactly one gallon of gas. It brings about humility.

Originally Posted by dg806

Yep, tax differences.
You thought about energy stocks, oil?
Seems like there is no stopping those.

That would have been a real smart play about three months ago, and it still is if you take a buy and hold approach. But it's hard to know which energy companies to invest in, I work for one of the largest international independents and I still have a hard time with it, the outcomes are also mired in policy decisions and taxes which makes the game even more difficult to discern.