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  • #1

    Real economy question. To buy or not to buy?

    GM, Ford and paccar are looking like a good buy right now. Any thoughts?
    All men are created equal but his choices determine his value and what's in his heart determines his worth.

    "Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end"
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  • #2
    Re: Real economy question. To buy or not to buy?

    Yeah, stay out of debt as much as possible. Seriously.

    CF
    Truth is the cement that holds the bricks and stones of a sane and civilized society together. Remove the former and the latter will crumble.

    Comment

    • #3
      Re: Real economy question. To buy or not to buy?

      it's not a matter of debt it's a question about investing in US auto makers. Stock is rock bottom now and I'm not sure they will be allowed to close the doors which means their stock will go back up at some point unless they go the way of worldcom (that sucked and hurrt)
      All men are created equal but his choices determine his value and what's in his heart determines his worth.

      "Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end"

      Comment

      • #4
        Re: Real economy question. To buy or not to buy?

        It is getting a bit cheaper if I was in the market I would consider purchasing within the next month or so.
        700g Mini-Monster tank

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        • #5
          Re: Real economy question. To buy or not to buy?

          My mistake, thought you where looking for another big truck...you had mentioned getting a large boat a while back...thought you where serious.

          CF
          Truth is the cement that holds the bricks and stones of a sane and civilized society together. Remove the former and the latter will crumble.

          Comment

          • #6
            Re: Real economy question. To buy or not to buy?

            I gave a sale order for all my stock last fall, I have no market investment plans until after 2012... :)

            CF
            Truth is the cement that holds the bricks and stones of a sane and civilized society together. Remove the former and the latter will crumble.

            Comment

            • #7
              Re: Real economy question. To buy or not to buy?

              Yeah, I'm sorry. i wasn't clear. The stock market seems ripe for the picking. The boat shopping is going slow with the stock market and real estate market looking so good, I LOVE my big ol 4x4 though and still have to sell Girlgeek on the boat but if you know of any 40ft+ motor boats for sale, I am still looking. It must have at least 2 private state rooms and Internet/cable.
              All men are created equal but his choices determine his value and what's in his heart determines his worth.

              "Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end"

              Comment

              • #8
                Re: Real economy question. To buy or not to buy?

                Originally posted by ImaGuyGeek";p="
                Yeah, I'm sorry. i wasn't clear. The stock market seems ripe for the picking. The boat shopping is going slow with the stock market and real estate market looking so good, I LOVE my big ol 4x4 though and still have to sell Girlgeek on the boat but if you know of any 40ft+ motor boats for sale, I am still looking. It must have at least 2 private state rooms and Internet/cable.


                i think that Ed McMahon is selling his 40 footer.....not sure of the number of state rooms it has....but i'm sure it would be accomidating..... :wink:

                Comment

                • #9
                  Re: Real economy question. To buy or not to buy?

                  Originally posted by ImaGuyGeek";p="
                  Yeah, I'm sorry. i wasn't clear. The stock market seems ripe for the picking. The boat shopping is going slow with the stock market and real estate market looking so good, I LOVE my big ol 4x4 though and still have to sell Girlgeek on the boat but if you know of any 40ft+ motor boats for sale, I am still looking. It must have at least 2 private state rooms and Internet/cable.
                  There is a place on McCarty that have boats for sale from Ike.

                  Comment

                  • #10
                    Re: Real economy question. To buy or not to buy?

                    8O
                    Raul
                    PokerFace

                    Comment

                    • #11
                      Re: Real economy question. To buy or not to buy?

                      There is a man at one of these chemical plants told me he was pulling his 401k to buy stocks(what?), his idea is- he is 10 years from retirement and this economy is just part of an 8/10 year cycle.....makes sense i guess, I hired into a plant in `91 stock had dropped from $80 to $4 about the time i came in,some of old timers pulled $100k out bought company stock and around `97 it was $70 and split ..so they did well.......But they still didnt retire-i dont get that!

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                      • #12
                        Re: Real economy question. To buy or not to buy?

                        Originally posted by delock";p="
                        Originally posted by ImaGuyGeek";p="
                        Yeah, I'm sorry. i wasn't clear. The stock market seems ripe for the picking. The boat shopping is going slow with the stock market and real estate market looking so good, I LOVE my big ol 4x4 though and still have to sell Girlgeek on the boat but if you know of any 40ft+ motor boats for sale, I am still looking. It must have at least 2 private state rooms and Internet/cable.
                        There is a place on McCarty that have boats for sale from Ike.
                        I checked out some Ike boats but the cost to repair/replace electronics etc.. is prohibitive.
                        All men are created equal but his choices determine his value and what's in his heart determines his worth.

                        "Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end"

                        Comment

                        • #13
                          Re: Real economy question. To buy or not to buy?

                          Originally posted by liljack";p="
                          There is a man at one of these chemical plants told me he was pulling his 401k to buy stocks(what?), his idea is- he is 10 years from retirement and this economy is just part of an 8/10 year cycle.....makes sense i guess, I hired into a plant in `91 stock had dropped from $80 to $4 about the time i came in,some of old timers pulled $100k out bought company stock and around `97 it was $70 and split ..so they did well.......But they still didnt retire-i dont get that!
                          This is kinda my thinking as well. GM and Ford have too many union workers/voters for the government not to step in and both are huge conglomerates. retirement isn't all it's cracked up to be. My Father retired for a year and didn't really like not having a schedule to follow and I tried to retire from my industry and missed the pressure and the work. Some people aren't very good at retirement.
                          All men are created equal but his choices determine his value and what's in his heart determines his worth.

                          "Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end"

                          Comment

                          • #14
                            Re: Real economy question. To buy or not to buy?

                            I have heard that some experts believe that the stock market will climb back to around 12 to 14K again, but they are also predicting a dramatic crash soon after. I believe there is moderate window of opportunity out there right now, if you got the nerve for gambling, but you won't see me investing in anything but MREs, ammo and silver.

                            CF
                            Truth is the cement that holds the bricks and stones of a sane and civilized society together. Remove the former and the latter will crumble.

                            Comment

                            • #15
                              Re: Real economy question. To buy or not to buy?

                              And reload equipment so you can make silver bullets.  
                              'Dear Lord,' the minister began, with arms extended toward heaven and a rapturous look on his upturned face. 'Without you, we are but dust ...'
                              He would have continued but at that moment my very obedient daughter who was listening leaned over to me and asked quite audibly in her shrill little four-year old girl voice, 'Mom, what is butt dust?'

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