Good Time To Invest?

[SampSon]

Originally posted by: LegendKiller

Originally posted by: SampSon
LegendKiller we all know you're working in the financial sector, but spare us the shoptalk acronyms once and a while.

Which ones did I use besides ones that are so common in regular news as to not be "shoptalk"?

CDO is over the laymen head, but a quick google search will remedy that. Honestly there isn't much in this thread, but you haven't gone too indepth yet.
In many other threads you drop science like it's a regular day in the office.

It's no slight on you, so don't get snippy or anything.

 

[LegendKiller]

Originally posted by: SampSon

Originally posted by: LegendKiller

Originally posted by: SampSon
LegendKiller we all know you're working in the financial sector, but spare us the shoptalk acronyms once and a while.

Which ones did I use besides ones that are so common in regular news as to not be "shoptalk"?

CDO is over the laymen head, but a quick google search will remedy that. Honestly there isn't much in this thread, but you haven't gone too indepth yet.
In many other threads you drop science like it's a regular day in the office.

It's no slight on you, so don't get snippy or anything.

None taken. With how much CDOs are in the news, nobody should really be uneducated about it, at least not in a thread discussion investments in financials.

It's often difficult to explain some things in lay terms and it takes a while to learn which terms to use when.

As far as INTC, it's going down for the same reason. Spending will be cut back as the economic cycle swings into downturn, a lot of people expect this and the market is adjusting its numbers.

 

[thomsbrain]

No one ever got rich by investing in companies that are at the top of their game. Warren Buffet got rich by doing the exact opposite. It is always somehow easer said than done because of psychological reasons, but you need buy LOW if you want to be able to sell high. If anything, you should be looking at buying AMD stock.

Jadow is correct that now is a good time to buy financial, as well as home-builders. An ETF is a good way to spread the risk of any given bank or company.

 

[imported_Lothar]

Originally posted by: thomsbrain
No one ever got rich by investing in companies that are at the top of their game. Warren Buffet got rich by doing the exact opposite. It is always somehow easer said than done because of psychological reasons, but you need buy LOW if you want to be able to sell high. If anything, you should be looking at buying AMD stock.

Jadow is correct that now is a good time to buy financial, as well as home-builders. An ETF is a good way to spread the risk of any given bank or company.

I disagree.
Maybe the next 3-6 months will be the time to buy financials, but not now.
No way jose.

Warren Buffett wouldn't buy AMD over Intel even if his life depended on it.
Warren Buffett doesn't say "Company X has hit a 52week low. BUY! BUY! BUY!"
There are much more better indicators to look at besides a company's stock price.
Ever looked at AMD's financial charts?

Buy AMD stock? Many people were saying the same thing when it hit new 52 week lows at $25, $20, $16, $13, $12, $8, $7, and now it's in the $6 range.
Look where it got them. Easier said than done indeed.

You might want to do a topic search on AMD. Some important information was discussed in a 7-10 page long thread a few weeks ago and it should still be active.