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Havasu DougMale Offline
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Post Icon Posted: Oct. 10 2008,9:31 am Post # 1 see this member send this member a private message  quote this post in reply
Is anyone else buying stock right now? :stupid

I consistently buy $50 a week into my company (SuperValu).  I've lost 40% of the value during the last 3 months, but I refuse to sell it until I get my money back and then some. :D

I just doubled my weekly deduction to $100 to take advantage of the extremely low prices. :D





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Post Icon Posted: Oct. 10 2008,10:28 am Post # 2 see this member send this member a private message  quote this post in reply
I only own a few stocks.......they are doing quite well actually and I can't afford to buy any more at the price they are currently trading.

Go figure. All the other stocks take a dive. Mine stays put and/or goes up and I can't do anything with it anyway.  :beat

But I did take advantage of the two day special Bof A had last month and got in on some CD's at 5%. Can't get near that now on the short term stuff.

It's a fact of Life:

After Monday and Tuesday, even the Calendar says : WTF .......
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Post Icon Posted: Oct. 10 2008,11:06 am Post # 3 see this member send this member a private message  quote this post in reply
Quote (Havasu Doug @ Oct. 10 2008,9:31 am)
Is anyone else buying stock right now? :stupid

I consistently buy $50 a week into my company (SuperValu).  I've lost 40% of the value during the last 3 months, but I refuse to sell it until I get my money back and then some. :D

I just doubled my weekly deduction to $100 to take advantage of the extremely low prices. :D

Hope your in for the long term. You might be on to something here though. Warren Buffett just bought $500,000,000 worth and he expects it to go up 10 fold in the next couple of years.
BTW it's dropped another 8% today.

"Damn you sure know how to fock things up."-GFR
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Havasu DougMale Offline
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Post Icon Posted: Oct. 10 2008,11:18 am Post # 4 see this member send this member a private message  quote this post in reply
Quote (WATERDOG @ Oct. 10 2008,11:06 am)
Quote (Havasu Doug @ Oct. 10 2008,9:31 am)
Is anyone else buying stock right now? :stupid

I consistently buy $50 a week into my company (SuperValu).  I've lost 40% of the value during the last 3 months, but I refuse to sell it until I get my money back and then some. :D

I just doubled my weekly deduction to $100 to take advantage of the extremely low prices. :D

Hope your in for the long term. You might be on to something here though. Warren Buffett just bought $500,000,000 worth and he expects it to go up 10 fold in the next couple of years.
BTW it's dropped another 8% today.

As of this hour, mine has dropped another 9.42% since yesterday. :eek I don't need the $$$ anytime soon though. :good At some point it should stabalize and it should gain in the long term.  After that happens, I would have kicked myself for not putting extra in now. :)





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Post Icon Posted: Oct. 10 2008,11:30 am Post # 5 see this member send this member a private message  quote this post in reply
Quote (Havasu Doug @ Oct. 10 2008,11:18 am)
Quote (WATERDOG @ Oct. 10 2008,11:06 am)
Quote (Havasu Doug @ Oct. 10 2008,9:31 am)
Is anyone else buying stock right now? :stupid

I consistently buy $50 a week into my company (SuperValu).  I've lost 40% of the value during the last 3 months, but I refuse to sell it until I get my money back and then some. :D

I just doubled my weekly deduction to $100 to take advantage of the extremely low prices. :D

Hope your in for the long term. You might be on to something here though. Warren Buffett just bought $500,000,000 worth and he expects it to go up 10 fold in the next couple of years.
BTW it's dropped another 8% today.

As of this hour, mine has dropped another 9.42% since yesterday. :eek I don't need the $$$ anytime soon though. :good At some point it should stabalize and it should gain in the long term.  After that happens, I would have kicked myself for not putting extra in now. :)

If it indeed goes up 10 fold, you'll be smiling and styling.
BTW, GM's at less than $5 right now. They sure spent that $17B from last month fast.

"Damn you sure know how to fock things up."-GFR
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Post Icon Posted: Oct. 10 2008,11:59 am Post # 6 see this member send this member a private message  quote this post in reply
I'd love to... but I'm busy paying of CC's right now.  :rolleyes

I own a few shares of different companies, but nothing substantial, all of them way down right now.  

I'm thinking the next "bubble" will be in alternative energy, I'd like to start buying up stock in a few companies in that sector, maybe next spring.

A dog doesn't care if you're rich or poor, educated or illiterate, clever or dull. Give him your heart and he will give you his.
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Post Icon Posted: Oct. 10 2008,1:30 pm Post # 7 see this member send this member a private message  quote this post in reply
Quote (Havasu Doug @ Oct. 10 2008,11:18 am)
Quote (WATERDOG @ Oct. 10 2008,11:06 am)
Quote (Havasu Doug @ Oct. 10 2008,9:31 am)
Is anyone else buying stock right now? :stupid

I consistently buy $50 a week into my company (SuperValu).  I've lost 40% of the value during the last 3 months, but I refuse to sell it until I get my money back and then some. :D

I just doubled my weekly deduction to $100 to take advantage of the extremely low prices. :D

Hope your in for the long term. You might be on to something here though. Warren Buffett just bought $500,000,000 worth and he expects it to go up 10 fold in the next couple of years.
BTW it's dropped another 8% today.

As of this hour, mine has dropped another 9.42% since yesterday. :eek I don't need the $$$ anytime soon though. :good At some point it should stabalize and it should gain in the long term.  After that happens, I would have kicked myself for not putting extra in now. :)

Closed only 3% down. Considering todays roller coaster ride, and a big sell off this morning, your looking good.

"Damn you sure know how to fock things up."-GFR
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Post Icon Posted: Oct. 11 2008,10:02 pm Post # 8 see this member send this member a private message  quote this post in reply
Quote (WATERDOG @ Oct. 10 2008,11:30 am)
BTW, GM's at less than $5 right now. They sure spent that $17B from last month fast.

Some more news!..

http://business.timesonline.co.uk/tol....723.ece
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Post Icon Posted: Oct. 11 2008,11:04 pm Post # 9 see this member send this member a private message  quote this post in reply
I am down over 30% on my conservative portfolio since the first of the year.... :eek   Should have turned that into a Havi house back in June like I wanted to... :pissed
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Post Icon Posted: Oct. 12 2008,12:15 am Post # 10 see this member send this member a private message  quote this post in reply
I hear ya. I have lost 30k in my 401k since the first of the year. 20k in the past 3 weeks.  :angry   :banghead   :cry   I getting ready to start digging holes in the back yard to store it all.  :rolleyes
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Post Icon Posted: Oct. 12 2008,5:49 am Post # 11 see this member send this member a private message  quote this post in reply
Too late now, gotta ride it out or you'll really lose!.. Glad I'm not into the stock market!.. :eek
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Post Icon Posted: Oct. 12 2008,6:49 am Post # 12 see this member send this member a private message  quote this post in reply
Hell if I invested in any stock of any kind the damm stock market would crash! :beat  :break

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Post Icon Posted: Oct. 12 2008,7:22 am Post # 13 see this member send this member a private message  quote this post in reply
Quote (Purple Jurk @ Oct. 12 2008,6:49 am)
Hell if I invested in any stock of any kind the damm stock market would crash! :beat  :break

Exactly why I don't invest in it!.. :rolleyes  :laugh
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Post Icon Posted: Oct. 12 2008,8:10 am Post # 14 see this member send this member a private message  quote this post in reply
Quote (GoFastRacer @ Oct. 12 2008,7:22 am)
Quote (Purple Jurk @ Oct. 12 2008,6:49 am)
Hell if I invested in any stock of any kind the damm stock market would crash! :beat  :break

Exactly why I don't invest in it!.. :rolleyes  :laugh

Pay attention guys, it went ahead a crashed without you. You might think last week was a rollercoaster ride. Watch next week. A lot of company's will be getting off before the rides over. Ouch.

"Damn you sure know how to fock things up."-GFR
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Post Icon Posted: Oct. 12 2008,8:33 am Post # 15 see this member send this member a private message  quote this post in reply
It's not looking good at all!.. :(
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Post Icon Posted: Oct. 12 2008,8:59 am Post # 16 see this member send this member a private message  quote this post in reply
Saw a little blurp on the Tube about how if you had invested 5K in the market the last 6 times it dropped over 20% that you would have almost 150K not a bad return on 30K.    :beer

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Post Icon Posted: Oct. 12 2008,9:17 am Post # 17 see this member send this member a private message  quote this post in reply
Quote (Purple Jurk @ Oct. 12 2008,6:49 am)
Hell if I invested in any stock of any kind the damm stock market would crash! :beat  :break

:laugh That's Kinda The Way I Feel About It Too!!

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Post Icon Posted: Oct. 12 2008,9:19 am Post # 18 see this member send this member a private message  quote this post in reply
My Thought On It Was Kinda Like Buiding A House Of Cards.....How High Up Can It Go, Before It Crashes........

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Post Icon Posted: Oct. 12 2008,8:53 pm Post # 19 see this member send this member a private message  quote this post in reply
Quote (AZKC @ Oct. 12 2008,8:59 am)
Saw a little blurp on the Tube about how if you had invested 5K in the market the last 6 times it dropped over 20% that you would have almost 150K not a bad return on 30K.    :beer

The key word there is if :D
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Post Icon Posted: Oct. 12 2008,8:54 pm Post # 20 see this member send this member a private message  quote this post in reply
Quote (Carrera Elite @ Oct. 12 2008,9:19 am)
My Thought On It Was Kinda Like Buiding A House Of Cards.....How High Up Can It Go, Before It Crashes........

Yep, it's a gamble!..
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Post Icon Posted: Oct. 12 2008,11:54 pm Post # 21 see this member send this member a private message  quote this post in reply
Quote (GoFastRacer @ Oct. 12 2008,8:53 pm)
Quote (AZKC @ Oct. 12 2008,8:59 am)
Saw a little blurp on the Tube about how if you had invested 5K in the market the last 6 times it dropped over 20% that you would have almost 150K not a bad return on 30K.    :beer

The key word there is if :D

Such A Small Word That Can Mean So Much!!! :eek

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Post Icon Posted: Oct. 12 2008,11:55 pm Post # 22 see this member send this member a private message  quote this post in reply
Quote (GoFastRacer @ Oct. 12 2008,8:54 pm)
Quote (Carrera Elite @ Oct. 12 2008,9:19 am)
My Thought On It Was Kinda Like Buiding A House Of Cards.....How High Up Can It Go, Before It Crashes........

Yep, it's a gamble!..

.....And Ya Can't Lose Of Ya Don't Play. :D

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Post Icon Posted: Oct. 13 2008,5:53 am Post # 23 see this member send this member a private message  quote this post in reply
Quote (Carrera Elite @ Oct. 12 2008,11:55 pm)
Quote (GoFastRacer @ Oct. 12 2008,8:54 pm)
Quote (Carrera Elite @ Oct. 12 2008,9:19 am)
My Thought On It Was Kinda Like Buiding A House Of Cards.....How High Up Can It Go, Before It Crashes........

Yep, it's a gamble!..

.....And Ya Can't Lose Of Ya Don't Play. :D

And you can't win either if ya don't play!.. :rolleyes  :D
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Post Icon Posted: Oct. 13 2008,7:24 am Post # 24 see this member send this member a private message  quote this post in reply
The Wife is gonna make herself crazy checking that stuff daily. I read my quarterly statements and only go crazy 4 times a year.  :D

"It seemed like a hell of an idea at the time".
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Post Icon Posted: Oct. 13 2008,7:56 am Post # 25 see this member send this member a private message  quote this post in reply
Some good news!. :good

http://www.azcentral.com/news....on.html
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