What would you do if NO ONE gave you ANYTHING? or how I started with $1000

[fdjake]

That's total BS.  

Big money managers are accumulating MERCK RIGHT NOW!!  Go ahead and jump on board at $59/share and watch what happens.  IT'S TOO LATE.   That's the whole point.  

People were accumulating real estate in 2005 at record numbers.  How'd that work out for them???

This is what Wall St. guy's don't get.........By the time EVERYONE is jumping on board it's too late.  

Take some time and do this......it will take you 20 minutes...This is a window into Ford's future.  Car companies LIVE and DIE by PRODUCT!!!!
Go to Blue Oval News and read the Foreign Car Magazines reviews on the Ford S-Max, Focus, and other European only products.  They have ALL received CAR OF THE YEAR AWARDS!!  Mullaly is bringing these vehicles to the U.S. as soon as NEXT year.  GM has employed the same stratedgy and they are getting INCREDIBLE reviews on this stuff.  The new Malibu just blew the Camry out of the water in head to head testing.  Toyota is facing BIG TIME quality issues right now.  It's so bad that comsumer reports will no longer issue Toyota recommended stsus on their vehicles based on past preformance.  Toyota has just lost a HUGE class action lawsuit becuase their mainstay engines the 3.5 liter V-6 and the 2.4 liter I4 have enorous sludging problems.  these motors develope sludge that destroys the engines at about 60K miles.  Toyota denied the problem exsisted and lost a court battle.  They are now responsible for those motors out to 100K miles.  

In order to successfully invest like this you REALLY need to do EXTENSIVE research.  Trends are developing RIGHT now that will spell a return of the American Automobile companies.  The writing is on the wall. You just need to know where to look.  My dealership sold Honda'a and Toyota's for over 15 years.  I KNOW WHAT I'M TALKING ABOUT.  The U.S almost lost the whole show as far as car building goes.  These guy's know what's at stake.  HUGE changes are underway and coming BY the day.  Get on board now.  

Wall St. NEVER see's this stuff coming BECAUSE NONE OF IT IS IN THE NUMBERS.

[allagash]

Anyone know how/where I can read up about this buy back?

The TOL brothers currently have been buying back company stock..They sold every single share they owned in the co in 2004...Thats cause they went belly up in the early 90's and learned their lesson...If they are buying they must be confident that a bottom is near for their stock...Heavy insider buying and selling is a above average indicator to use imho..

Thanks,
-Mike

[fdjake]

RookieNYC,

I'll take a step back here.

I think we're both competitive people and I take absolutley no offensive to ANY of your statements.  I actually enjoy the banter, you are obviously VERY intelligent and it's snowing like hell here, what better way to spend a little time.

I'm not making up stories about anything.  I own Merck, I started buying it ONLY because I had seen the EXACT same thing happen to that stock when Bill Clinton got elected.  It got hammered because everyone thought healthcare reform would bury the drug companies.  I DID get lucky on that one. NOT TOTAL luck, there were solid reasons behind the purchase.  I bought in and made a really nice return.  When the Vioxx issue came up, it was too easy.

IN the end YOUR RIGHT.  No one knows what tommorow will bring.  I laid out some thoughts here and we'll see what happens.  I'm a car guy. Always have been, Always will be.  Pretty opinionated too.

I do remember your previous advice and it was on the money.  

Nothing like a little debate to liven up an afternoon.

I'm good!

[buffinvestor]

Quote from fdjake:  Mullaly is an Engineer.  He recently had a meeting and had 10 different metal hood props (the things that hold up a cars hood) on a table.  When the engineers entered the room he asked a simple question.....Why are EVERYONE of these DIFFERENT!  They all do the same thing, yet none of them was the same shape, or size, or price.  It sounds trivial, but this is the foiundation of cost cutting.

GM came across the same thing multi-years ago...They saw there was some outragious number of different gas tank caps on all their cars...I think it was up to 300 over multiple model years...They cut it back to 5 or 6 and that was supposed to be the beginning of them looking at every part of their cars to reduce their inventory numbers...Then they built the Cadillac Cimmaron on an existing frame from an economy model and screwed up that car bad!!...Hopefully Mullaly won't make those mistakes...

[fdjake]

Yea, and look at what their doing now!!

Cadillac is kicking *ss now.  Read a few reviews on the new CTS.  It's a WORLD CLASS sports sedan.

Even lowly Saturn is winning rave reviews. 

A $45,000 the Corvette makes an $80,000 Porshce 911 look like a waste of $35,000 on a road test.

The new GMC Arcadia just kicked The Toyota Highlanders butt in side by side comparisons.

The new Malibu is a segment buster.  Car & Drivers words, NOT MINE.

I wouldn't lose too much sleep worrying about GM building another Cimmaron anytime soon.

What to you see what GM has in store for Honda next year!

[Rich_in_CT]

The new Malibu certainly is a change from the vanilla Malibu of a few years ago.

[fdjake]

Hey guy's if I'm getting too far into this stock stuff I apologize.  I know this is a real estate forum and I don't want to hijack it.

When I started out one guy had a very profound effect on my investment career.
He told me that none of this stuff was as complicated as people like to make it.  I learned a TON from him.  I never forgot that.

The reason I bring this subject up every now and again is it's IMPORTANT.  Real Estate is the first part of it for a lot of people.  They start out with 9 to 5 jobs and through hard work, learning, trial and error the start making more money than they ever have.  I know when I started out the first real estate deal I did made me the equivilant of a years savings.  All in 10 days. 

My point is this.....at some point you REALLY need to understand how to make money investing.  It's one of the few things that you can do into your later years.  There's very little aggrevation involved and it can be done from ANYWHERE in the world!  If you just watch somethings happening around you it can GREATLY increase you net worth.  Just watch and learn.  Paying attention is 75% of it.

I have a way of investing that works FOR ME.  It suits my personality.  Believe it or not, THAT is the key to being successful.  If I can get a few people here to open their minds to some opportunity I pay forward the same thing that was done for me.

You guy's have read my posts.  I try to help with REAL advice. Specifics.
That's what really matters.  I've learned a lot here myself.  The great thing about REI club is it's diversity.  Your a few key strokes away from being able to tap some real knowledge.  It's priceless when you think about it.

That's all it's about.  Nothing more, nothing less.

[allagash]

Hey guy's if I'm getting too far into this stock stuff I apologize.  I know this is a real estate forum and I don't want to hijack it.

I think it's an excellent extension to REI.

Back in 2004 Warren Buffett researched that the US Dollar would free fall.  As you say, "he looked around at what was happening."  Pretty simple stuff.  He bought into other competing currencies.

2007 he got his payback.

-Mike