Calling anyone with good investment tips, ideas, and wise advice period...

NEW -> Contingent Buyer Assistance Program
Being in the situation I am in now, and seeing others in my same dilemma, has made me really want to focus my energies as well as hopefully some of my fellow peers who are in the same boat into a more postive (proactive) energy. I have been trying to do a lot of reading on investments, investing...and anything that can be productive towards achieving my (or our) goals in being able to find and afford our dream homes.



So...as one peer to another...I would like to beseech those that may have more experience or insight which us fledglings can learn and gain wisdom from. In today's market...it's easy to find negative's in today's market. But someone is still making money - maybe we can all help each other with some awesome advice. I know that I would appreciate hearing other's opinions, thoughts or advice.



Thank you to all whom contribute.
 
Count me in the "Buy Gold" camp....h/t awgee.



This guy deserves a comeback:

<object width="325" height="250"><embed src="http://www.youtube.com/v/youtube" type="application/x-shockwave-flash" width="325" height="250"></embed></object>
 
Thanks for the tips guys! I was hoping more (I just read this again and realized it may be miscontrued - I meant MORE as in Quantity not Quality :) just in case it is read wrong) wise people would contribute. I only wish I can say I am financially savvy - but I nowhere near consider myself nor know that I am. That being said, I definitely READ A LOT. This here is a very good article about the top growing companies for which you can buy stocks. I am researching some of these companies and planning on investing long term into some of them. Hopefully someone can find this information fruitful.



http://jan.freedomblogging.com/2008/06/17/4-oc-companies-make-fortune-fastest-growth-list/



Maybe I should define what I meant by investment - it doesn't just apply to stocks or anything specific - I just meant good ideas period on saving or building wealth.
 
As ironic as is sounds a buddy just bought ALOT of WAMU (which i though he was insane for doing...) Anyway he bought 20,000 shares @3.25, I though he was going to lost it all... But ironically it is now 5.+.... I wonder if he's going to sell today. We will see.

-bix
 
Wow...I have been hearing how WaMu is the next bank to go...but I am surprised their shares are that low... :/ I find it even more strange that I bank with WaMu and still haven't pulled my money out. FYI another good tip - stay single!!!
 
[quote author="kawakonohirukun" date=1216342358] FYI another good tip - stay single!!!</blockquote>


For that matter, keep you eyes on banks as of late, there is quite alot of play going on with them. Don't get me wrong, you have to have alot of fortitude to make a play. Be wise about it.



As for staying single... uhh.. you 3 years late and few dollars short....



LOL!



-bix
 
[quote author="kawakonohirukun" date=1216342358] FYI another good tip - stay single!!!</blockquote>


Or suck it up and get a prenup. That is my advice.
 
I did something stupid a few months ago. You know the whole philosophy of buying stocks in companies you like to do business with... well, BAC got pummeled one day so I decided to buy some shares even though I knew financials weren't the place to be. So, it loses 50%, yes 50%. The other day I was thinking, well maybe I should buy some more now that it's half price. I didn't, but since Monday's low, it's gained 27%. As a bank, I've been really pleased with B of A and I don't think they have any where near the number of bad mortgages on their books as their counterparts.



I've heard infrastucture is where a lot of money is going now for decent returns that are safe. I really would like to invest in some green energy.
 
[quote author="caycifish" date=1216349948][quote author="kawakonohirukun" date=1216342358] FYI another good tip - stay single!!!</blockquote>


Or suck it up and get a prenup. That is my advice.</blockquote>


Yeah noble gesture, good luck getting her to sign one.

Better move those assets off-shore.

Liechtenstein is now out , besieged by all the IRS investigations going on.

Turks & Caicos, FTW!
 
[quote author="kawakonohirukun" date=1216342358]

FYI another good tip - stay single!!!</blockquote>




I?ll give you a sure-fire dating tip that?s guaranteed to provide the best returns you've ever experienced.
 
[quote author="tenmagnet" date=1216351829][quote author="kawakonohirukun" date=1216342358]

FYI another good tip - stay single!!!</blockquote>




I?ll give you a sure-fire dating tip that?s guaranteed to provide the best returns you've ever experienced.</blockquote>


I don't know what I'm looking forward to more... ten's sure-fire tip, or panda's inevitable response.
 
pands's without a doubt



With ten, you somewhat know whats coming as his game is starting to become predictable now that we have heard it 100 times before (but could still work on the ladies since they only see it the first time)



However, with Panda...you have NO IDEA what is coming
 
[quote author="stepping_up" date=1216351221]I did something stupid a few months ago. You know the whole philosophy of buying stocks in companies you like to do business with... well, BAC got pummeled one day so I decided to buy some shares even though I knew financials weren't the place to be. So, it loses 50%, yes 50%. The other day I was thinking, well maybe I should buy some more now that it's half price. I didn't, but since Monday's low, it's gained 27%. <strong>As a bank, I've been really pleased with B of A and I don't think they have any where near the number of bad mortgages on their books as their counterparts. </strong>



I've heard infrastructure is where a lot of money is going now for decent returns that are safe. I really would like to invest in some green energy.</blockquote>


Um... you do know that they have acquired Countryfried, right? I overheard some comment on CNBC today about how 20% of Countryfried's mortgages are delinquent, and 50% of their non-prime loans are delinquent. It sounds high to me, and I can't find the source, but they were probably speaking of specific vintages. Anyway, I have looked at their MBS pools, and they look freaking awful. Some of their ALT-A and option ARM pools are as bad as their subprime pools.



Why?... Why would you invest in BAC when they are taking on a mortgage company with such terribly high and increasing default rates?



I'm not trying to be mean, but I just don't understand why anyone would touch BAC unless they were short.
 
[quote author="caycifish" date=1216349948][quote author="kawakonohirukun" date=1216342358] FYI another good tip - stay single!!!</blockquote>


Or suck it up and get a prenup. That is my advice.</blockquote>


Its what I did... but with a twist.



She gets 50% rain or shine... but she gets nothing more than that. Even split.



Alot of my buddies got divorced when the wives decided they wanted "a better life" (which 99.999% of them got worse lives). For the guy he ended up losing a large majority of his assets as well as child support and allomony (sp?). Talk about servitude....
 
[quote author="graphrix" date=1216354517][quote author="stepping_up" date=1216351221]I did something stupid a few months ago. You know the whole philosophy of buying stocks in companies you like to do business with... well, BAC got pummeled one day so I decided to buy some shares even though I knew financials weren't the place to be. So, it loses 50%, yes 50%. The other day I was thinking, well maybe I should buy some more now that it's half price. I didn't, but since Monday's low, it's gained 27%. <strong>As a bank, I've been really pleased with B of A and I don't think they have any where near the number of bad mortgages on their books as their counterparts. </strong>



I've heard infrastructure is where a lot of money is going now for decent returns that are safe. I really would like to invest in some green energy.</blockquote>


Um... you do know that they have acquired Countryfried, right? I overheard some comment on CNBC today about how 20% of Countryfried's mortgages are delinquent, and 50% of their non-prime loans are delinquent. It sounds high to me, and I can't find the source, but they were probably speaking of specific vintages. Anyway, I have looked at their MBS pools, and they look freaking awful. Some of their ALT-A and option ARM pools are as bad as their subprime pools.



Why?... Why would you invest in BAC when they are taking on a mortgage company with such terribly high and increasing default rates?



I'm not trying to be mean, but I just don't understand why anyone would touch BAC unless they were short.</blockquote>


Because of how they were structuring it.... CW will be a subsidiary responsible for its own debt. Have you seen the huge amounts of charitable contributions that B of A is providing low income communities to buy REO properties and fix them up into affordable housing? Who's REO's do you think they will buy for the cities?
 
[quote author="24inIrvine" date=1216353513]pands's without a doubt



With ten, you somewhat know whats coming as his game is starting to become predictable now that we have heard it 100 times before (but could still work on the ladies since they only see it the first time)



However, with Panda...you have NO IDEA what is coming</blockquote>


Predictable?

Ha!

I?m going to give you a chance to edit that before I drop the hammer.

Like mentioning the Harry Potter and Lord of the Rings posters in your bedroom.

Your sister told me.

She also told me you've never even kissed a girl?shocking!
 
[quote author="tenmagnet" date=1216351299][quote author="caycifish" date=1216349948][quote author="kawakonohirukun" date=1216342358] FYI another good tip - stay single!!!</blockquote>


Or suck it up and get a prenup. That is my advice.</blockquote>


Yeah noble gesture, good luck getting her to sign one.

Better move those assets off-shore.

Liechtenstein is now out , besieged by all the IRS investigations going on.

Turks & Caicos, FTW!</blockquote>


Aww man, I'm a chick. I have no problems with prenups. And I don't want dating tips. It's too late for me too...so I am trying to save everyone out there who is single now. Just do booty calls...
 
[quote author="kawakonohirukun" date=1216357716][quote author="tenmagnet" date=1216351299][quote author="caycifish" date=1216349948][quote author="kawakonohirukun" date=1216342358] FYI another good tip - stay single!!!</blockquote>


Or suck it up and get a prenup. That is my advice.</blockquote>


Yeah noble gesture, good luck getting her to sign one.

Better move those assets off-shore.

Liechtenstein is now out , besieged by all the IRS investigations going on.

Turks & Caicos, FTW!</blockquote>


Aww man, I'm a chick. I have no problems with prenups. And I don't want dating tips. It's too late for me too...so I am trying to save everyone out there who is single now. Just do booty calls...</blockquote>


My bad, I didn?t know that!
 
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