08-08-2011, 12:23 PM | #1 |
Drives: 2011 Camaro SS Join Date: Feb 2011
Location: Burbank, CA
Posts: 506
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Am I Cheating on Chevy?
I've owned nothing but Chevy's my whole life, but I just bought 1,000 shares of Ford stock.
The way I see it, I'm going to use and abuse (make money) off of Ford and use it for my Camaro....get some!! |
08-08-2011, 02:52 PM | #2 |
Drives: Camaro 2LS 2011 Join Date: Jul 2011
Location: Orlando
Posts: 19
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are you expecting ford shares to go in the future?
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08-08-2011, 03:14 PM | #3 |
Account Suspended
Drives: 99 Camaro SS, 79 z28, 70 GTX Join Date: Oct 2009
Location: ST Helens, OR
Posts: 1,759
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All the MFG's make parts for each other so I think its ok
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08-08-2011, 03:25 PM | #4 |
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I have done the same before and made money
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08-08-2011, 03:25 PM | #5 |
Drives: 2005 STi corn fed Join Date: Jul 2008
Location: Colorado
Posts: 2,997
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Ehhh. . . I don't think the massacre is over yet personally, but good luck. Only invest what you can afford to lose right now.
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08-08-2011, 04:01 PM | #6 |
love. my. car.
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well lets put it this way, unless we're headed for a depression. now is a great time to invest. Many companies are at their 52 week lows and they have strong balance sheets. They are lower because everybody is lower not because the business will not be profitable.
__________________
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08-08-2011, 04:20 PM | #7 |
Drives: 2005 STi corn fed Join Date: Jul 2008
Location: Colorado
Posts: 2,997
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IMO this is the beginning of, not necessarily a depression, but at least another/continuation of the recession. The debt crisis is spinning out of control and every possible course of action being discussed by our great leadership is ludicrous. They put a band-aid on the problem in 2008, not a fix and now it's catching up to us. Financials don't mean dick if nobody wants to buy your shares. It can be a good time to buy, but it's my personal opinion that this slide will continue for at least another few weeks, though maybe not quite as dramatic as last Friday and today. One should only invest what they can truly afford to lose. Sure, the reward potential is higher than typical, but the risk is also much higher. If it gives you an idea of how worried I am, I have a home trading station, multiple brokerage accounts, and I literally daytrade as my only source of income and I didn't trade a thing today, just sat back and watched. This is not some little insignificant bump in the road, it's the result of a serious problem. Just be careful.
Last edited by 8cd03gro; 08-08-2011 at 05:13 PM. |
08-08-2011, 08:05 PM | #8 | |
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08-08-2011, 08:30 PM | #9 | |
Drives: 2005 STi corn fed Join Date: Jul 2008
Location: Colorado
Posts: 2,997
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