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HYGS--130 Buy some
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4949
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12/30/2007  3:52 PM
Posted by VDesai:
Posted by Silverfuel:
Posted by 4949:

All I need to know about stock investing is 'if you can lose your shirt, then fogedaboudit'.
I hear you man. I have taken some serious hits in the market. Legalized gambling is still gambling.

I wouldn't call it gambling- it isn't a game of chance in the sense that you have loads of information in front of you. Its a market- like any market the prices are dictated by what people feel about the company. If you can find value you can find opportunity. There's no amount of research you can do on where a roulette wheel will spin or how you roll the dice, but there is a lot you can learn about companies to see whether there is an opportunity to make money.

WRONG!!!

Never FEEL a company! 'Know' the company and know' the people running the company. It would be foolish to put your money into something you didn't understand. It's what you don't know about an investment, that makes it 'gambling'. What you are investing in, you have to ask 'is the future of that investment bright'? Will it grow. Can they prove it to you, and can someone you know, who you can trust, varify it? Do you know for a fact? Can you look yourself in the face (mare) and say it's solid? If you don't know, then your gambling.

Would you buy a car if you simply 'felt' it was a good buy? Of course not. You'd want to take it for spiin. You'd want to know the millage and how it runs and the warranty on it and what it's going to cost to keep it running, because it's an investment. You'd want to know everything there is to possibly know about that car, before you buy it, right? You'd want to know someting about the person, to meet the person selling it to you. You'd want to know if he/she is honest or dishonest, if at all possible, right? You can't feel these things. You understand them first and then make a decision and if you didn't understant, you'd find someone who was an expert on it and have them' look at it. Wouldn't you?

Understand the company - what does it do? Does it have solid potential?
Know the people - are they good people? Are they honest people?
What is it's future - will it grow in profit? For how long can say it will grow?

If you can't answer these questions, then your gambling.

Other good advice: 'invest in things you know, things you enjoy'. That will make you more of an expert on what you are investing in.

[Edited by - 4949 on 12-30-2007 3:59 PM]
I'll never trust this' team again.
AUTOADVERT
VDesai
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12/30/2007  5:04 PM
Thanks for the great lesson in taking one word out of my post out of context 4949. I never said you should invest on feel- I said that the prices in the market reflect overall sentiment and if you know enough about a company that's how you can take advantage. If you can find real value in something that was valued lower than it should be by current sentiment.
4949
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12/30/2007  6:02 PM
You said 'by what people feel about the company'. How else do you interpret that? But thanks for clearing it up. I just wanted to make it clear. I understand what your saying.
I'll never trust this' team again.
Silverfuel
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12/30/2007  7:34 PM
Posted by VDesai:
Posted by Silverfuel:
Posted by 4949:

All I need to know about stock investing is 'if you can lose your shirt, then fogedaboudit'.
I hear you man. I have taken some serious hits in the market. Legalized gambling is still gambling.

I wouldn't call it gambling- it isn't a game of chance in the sense that you have loads of information in front of you. Its a market- like any market the prices are dictated by what people feel about the company. If you can find value you can find opportunity. There's no amount of research you can do on where a roulette wheel will spin or how you roll the dice, but there is a lot you can learn about companies to see whether there is an opportunity to make money.
I agree. Its not gambling, it just feels like it. Its not luck that some people keep making money.
A journey of a thousand miles begins with a single step.
Solace
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12/31/2007  3:15 AM
Posted by Silverfuel:
Posted by VDesai:
Posted by Silverfuel:
Posted by 4949:

All I need to know about stock investing is 'if you can lose your shirt, then fogedaboudit'.
I hear you man. I have taken some serious hits in the market. Legalized gambling is still gambling.

I wouldn't call it gambling- it isn't a game of chance in the sense that you have loads of information in front of you. Its a market- like any market the prices are dictated by what people feel about the company. If you can find value you can find opportunity. There's no amount of research you can do on where a roulette wheel will spin or how you roll the dice, but there is a lot you can learn about companies to see whether there is an opportunity to make money.
I agree. Its not gambling, it just feels like it. Its not luck that some people keep making money.

Here's my take. On average, investors underperform the average. The best investors (a slim minority) overperform on average by only a few percent. Diversifying your portfolio mitigates your risk, but then aren't you just duplicating what a mutual fund does anyway? Now I do consider it a form of gambling in some senses, except that unlike gambling in a casino, the odds are slightly in your favor, instead of slightly in the house's favor.
Wishing everyone well. I enjoyed posting here for a while, but as I matured I realized this forum isn't for me. We all evolve. Thanks for the memories everyone.
VDesai
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12/31/2007  2:13 PM
The best investors do overperform by a significant amount. The problem is most people just don't have the time necessary to a) learn fundamental analysis and b) perform adequate research to really find good value stocks. It's not rocket science, but its also not simple. That's why finding some nice mutual funds is a good way of investing for most people b/c part of what you're doing there is paying a good manager. Then again- there's a far bit of research to be done in finding who the good managers are.

My suggestion to anyone is find 5-10 solid companies that you are interested in and follow them closely, do the research on them and follow them for a few months- understand how the move in relation to market, news events, earnings events. Understand if there are any patterns in movement and really understand the fundamentals. You don't have to buy these companies- in fact don't buy them unless you're comfortable. Set up a Yahoo Finance portfolio and follow them. Then when you get a better sense of where they are good value, thats when you jump in. Sometimes you'll miss the boat altogether, but thats fine- the key is being patient. Don't try to catch up when the stock is overvalued just because you feel like you've fallen behind.

This is the strategy I've followed- I had a handful of stocks I followed all through out college and when I finally graduated I was able to make the move on a few and do pretty well. There's still a couple I've never gotten in on, but still follow because I think they are fundamentally strong companies and because the market works in cycles, there will be an opportunity at some point.
VDesai
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12/31/2007  2:16 PM
BTW, take a look at the top 10 stocks in one of the better performing mutual funds you hold. That's always a good place to start.

I also reccomend getting Investors Business Daily (free trial) and watching the video that comes with it that explains how to read their listings. Its a good initial screen for stocks.
Solace
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12/31/2007  2:33 PM
Posted by VDesai:

BTW, take a look at the top 10 stocks in one of the better performing mutual funds you hold. That's always a good place to start.

I also reccomend getting Investors Business Daily (free trial) and watching the video that comes with it that explains how to read their listings. Its a good initial screen for stocks.

My best funds are all international ones. At least for right now, I'm not interested in going heavy into stocks outside of mutual funds. The books I've read make it clear (at least to me) why stock investing isn't the best option for the majority of people. As for my well performing mutual funds, they're usually the international ones (shock, huh?).

I do have stock, outside of mutual funds, in my previous company. Since I left, the value of the stock has halved. Apparently I had a bigger impact than I thought?
Wishing everyone well. I enjoyed posting here for a while, but as I matured I realized this forum isn't for me. We all evolve. Thanks for the memories everyone.
VDesai
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12/31/2007  2:46 PM
Dollar is weak right now so International stocks have been performing well the last few years. Moves in cycles though. A lot of domestic stock funds do perform well- Kiplinger's a good place to start if you're looking at mutual funds. I like the funds run by Dodge and Cox. Their international fund and also the Columbia Marisco International fund have done pretty well for me.
Solace
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12/31/2007  3:34 PM
Posted by VDesai:

Dollar is weak right now so International stocks have been performing well the last few years. Moves in cycles though. A lot of domestic stock funds do perform well- Kiplinger's a good place to start if you're looking at mutual funds. I like the funds run by Dodge and Cox. Their international fund and also the Columbia Marisco International fund have done pretty well for me.

I use Vanguard. They have the lowest fees of any mutual funds (actually, I think Fidelity may have a few that have slightly lower fees now). Many of the books teach you that the biggest factor in doing well is minimizing your fees. After a few years of this, I can see why.
Wishing everyone well. I enjoyed posting here for a while, but as I matured I realized this forum isn't for me. We all evolve. Thanks for the memories everyone.
VDesai
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12/31/2007  3:46 PM
Posted by Solace:
Posted by VDesai:

Dollar is weak right now so International stocks have been performing well the last few years. Moves in cycles though. A lot of domestic stock funds do perform well- Kiplinger's a good place to start if you're looking at mutual funds. I like the funds run by Dodge and Cox. Their international fund and also the Columbia Marisco International fund have done pretty well for me.

I use Vanguard. They have the lowest fees of any mutual funds (actually, I think Fidelity may have a few that have slightly lower fees now). Many of the books teach you that the biggest factor in doing well is minimizing your fees. After a few years of this, I can see why.

The two funds I mentioned are no load/low fee. Most funds with a load don't outpeform the no load funds by more than the cost of their loads.
Solace
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12/31/2007  4:32 PM
Posted by VDesai:


The two funds I mentioned are no load/low fee. Most funds with a load don't outpeform the no load funds by more than the cost of their loads.

I gotcha. It sounds like we're in furious agreement, as my British coworker likes to say. That was something the financial books kept highlighting: no load and low fee funds, so I'm totally with you on that. As it is, I'm annoyed with the 401k at my current job, because all of the funds have a >1 - 1.6% fee, which is a bit brutal, as far as I'm concerned.
Wishing everyone well. I enjoyed posting here for a while, but as I matured I realized this forum isn't for me. We all evolve. Thanks for the memories everyone.
BRIGGS
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6/27/2008  12:05 PM
That is 7 for 7
RIP Crushalot😞
BRIGGS
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6/27/2008  12:08 PM
Posted by VDesai:

But then again he is targeting $3-$5 next year- but not everyone is so patient when they see red.

:) Investing is patience due dilligence when you are talking 1-3/5 you are talking gains that people don't accumulate in savings accounts in 3 lifetimes.
RIP Crushalot😞
Silverfuel
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6/27/2008  12:12 PM
Posted by BRIGGS:
Posted by VDesai:

But then again he is targeting $3-$5 next year- but not everyone is so patient when they see red.

:) Investing is patience due dilligence when you are talking 1-3/5 you are talking gains that people don't accumulate in savings accounts in 3 lifetimes.
Briggs, I bought HYGS at $0.75 and I am very happy I did. Good call sir.
A journey of a thousand miles begins with a single step.
BRIGGS
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6/27/2008  12:20 PM
Posted by Silverfuel:
Posted by BRIGGS:
Posted by VDesai:

But then again he is targeting $3-$5 next year- but not everyone is so patient when they see red.

:) Investing is patience due dilligence when you are talking 1-3/5 you are talking gains that people don't accumulate in savings accounts in 3 lifetimes.
Briggs, I bought HYGS at $0.75 and I am very happy I did. Good call sir.

I bought another 7k grand worth when the chart flattened out in the 50s to cost average down my entire load to just around a buck --I don't recommened cost averaging down but I knew this was coming and I was very confident. Enjoy:)
RIP Crushalot😞
BRIGGS
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6/30/2008  12:30 PM
Beautiful
RIP Crushalot😞
Silverfuel
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6/30/2008  12:55 PM
fly baby fly!
A journey of a thousand miles begins with a single step.
Silverfuel
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6/30/2008  8:04 PM
briggs, what are you selling this at?
A journey of a thousand miles begins with a single step.
BRIGGS
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6/30/2008  9:41 PM
Posted by Silverfuel:

briggs, what are you selling this at?

Never ask that question:)---everyone who bought now sits in a very nice profit zone--it's up to the individual what they want to do at this point. Ive given you parameters of where I think the stock is going but If you bought the stock at .75--you were up 175% from that buy in today---I cant make that decision for you or even give advice on that other than to say that's an enormous profit. I would only mention a bailout[sale] if a stock went sour and I felt it was better to move out, and if I had given advice to buy I would recommend to sell. I was waiting for this-- I knew the connection between Hydrogenics and the California hydrogen highway--it didnt take a brain scientist on this one especially as gas prices spiraled out of control. You have to be your own boss at this point---I will only tell you what I believe will bring back a significant gain and I think Im 7-7 or 8-8 posting here as a courtesy. I think you know I worked for a pretty good hedge fund until I became ill.
RIP Crushalot😞
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