Five Year Investments: Stocks or Mutual Funds?

[Krk3561]

Originally posted by: jhu

Originally posted by: Krk3561

First of all, you are not a stock broker so you can't speak, my dad is. Its all relative to growth. In this case you are dead wrong. If it was a steel company that had that p/e, yes, it would be ridiculously overpriced. But, when the company is growing at over 50% a year, its perfectly fine. Just watch RIMM, it wont go up like it has of late, but there is still alot of room for it. Theyre just breaking into Europe and there are more and more providers using their products or companies leasing their tech.

i may not be, but i'm old enough to know that many stock brokers are full of it. as i don't know your dad, i can't comment on his track record.

Well. considering he's been in the business with Merrill for 25 years I'd say he's doing pretty well 😉

 

[alm4rr]

ptff over rated...

you need to invest that money in good ol american commodities:
cars
boats
computers
& Women

you can't go wrong!