Where do you see GM hitting bottom?
Answers: Stock closed at $23.66. Intrinsic fair value if using analysts esitmates and projected growth rates appears to be $13 per share:
http://finance.yahoo.com/q/ae?s=GM
G M in my opinon hit bottom years ago.They have always had nickle dime trouble with their products.Just ask any motor pool mechanic who services all makes & models for a large company who buys fleets of auto.The phone company is the one i checked.But for the stock they are on their way down as far as i'm concerned & i would sell if i had any.Just my opinon based on observation.
Do you equate personal happiness with the accumulation of wealth?
Answers: No, I don't equate personal happiness with the accumulation of wealth?
Accumulation of wealth merely relieves depression, sadness, and worry. You still have to do something non-financial to actually make you happy.
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No, I do not. I think of wealth accumulation as a way of "keeping score." By that, I mean: Was I paid well for the work I did?
How about those investments I selected?
Understand? Who do I compete against on the scoreboard? Me. I wonder how I did last year compared to previous years, etc.
Money doesn't buy satisfaction, but I have been in the position of having to get to work, having a dead battery, and zero funds to purchase a new battery. I vowed I'd never be in that type of situation again. I put the credit cards in a Tupperware container half filled with water. I placed the container in the freezer.
Then I began saving and found great satisfaction in watching investments grow. Now that is how I support the family. I don't drive a new car, but I will never have to worry about a $#%(a)!! battery again ...
No, not entirely.
That being said, money does buy a lot more happiness than poverty ever will.
So, I suppose yes,on one hand, and no on the other.. no absolutes here.
Where should i invest 1000 dollars to kind a clothed short possession profit.?
dont just read aloud the stock market. bestow me specifics.Answers: this is a little risky. buy 100 shares of associated estates realty (AEC) at $8 - $9. provide if price goes down below $7 to minimize loss. provide at $11 - $12 for a decent return. hold if enthusiastic. add to watchlist if upset. do some reasearch and look for a better stock if doubtful.
For safety: A edge CD or money-market fund.
For incredibly aggressive: penny stocks.
Open a Forex account (a Mini account)
Sell short 50K lots of GBP/JPY.
The british pound is currently, and will be for the subsequent three months, facing massive domestic economic pressure that will directly affect their rates. As a currencies home flea market rates drop, so too does its currency. The housing bubble in London is close to collapsing, very similar to that of what we enunciate this summer here...
The japanese economy is truly poised to do pretty well. Their GDP growth this year have been on the same wavelength from 1.7 to 2.0. A very sizeable step which will increase its value relative to a shrinking valued currency.
Now this should merely be a short term investment (a couple of months at the most) since you will be have the 'carry trade' working against you. Just DO NOT buy and put on the market this currency. I would strongly recommending selling the GBP/JPY and holding it. DO NOT move about more than 50K, becuase you want to have a cushion surrounded by your account because here will be fluctuations.
In mid-December, when I marked this trend, the GBP/JPY be at 230. Right now, its a ~214. With your 50k lot, this would own yielded you: $4300. 1600 pips at $2.66 per pip. I am thinking this trend should verbs until March, at the least; as it depends on how impossible the news come out contained by March. This means I am looking for the price to drop below 2.00, which is a psycological hedge, meaning the price will drop below it to around 195. Depending on the London scene, it could continue further.
Hope this help.