I'm going back into the stock market on Tuesday. Big money to be made.

[George A. H. Luck]

OK Nick. I'll dig out all of my matress money for Tuesday morning. Now here is where you come in. What do I buy?

[Bruce A. King]

GM could benefit bigtime from filing bankruptcy, the stockholders get nothing and then sell new stock to the next round of hopefuls. US Airways did it, they even legally robbed pension plans and put the debt on the PBGC.

Some big corporate bankruptcies are coming soon unless some limitations are in place to make them less attractive.

[Joseph T. Burkeson]

The lost decade...

Let's say, hypothetically, that 10 years ago today you had some money you wanted to put away for your old age. You invested it in the S&P 500, a selection of America's largest and most stable companies.

The index closed that week at 1,056.42.
The index closed today at 899.22

Ignoring the fund's fees you'd have had to pay, and any dividends you'd have collected, over 10 years you'd have lost 14.9% of your money. And that ignores the effects of inflation, gas and cigs were both about $1.25 back then.

[Dale Duffy]

Tuesday morning, I will be buying like they don't make it (anything) anymore-----

[Joseph T. Burkeson]

Originally Posted by bking

GM could benefit bigtime from filing bankruptcy, the stockholders get nothing and then sell new stock to the next round of hopefuls. US Airways did it, they even legally robbed pension plans and put the debt on the PBGC.

Some big corporate bankruptcies are coming soon unless some limitations are in place to make them less attractive.

GM at less than $5 a share looks tempting it hasn't been this low since 1958, the problem of course is this another one of the too big to fail companies? If so then when the government comes in to bail them out they will be given preferred shares which would vastly dilute the price of the common shares.

That is going to be the problem going forward with the government vowing to purchase stocks & assets with your tax dollars, none of us are big enough to compete with them, and they will always demand a preferred position. It seems to me all of the rules regarding investing in this brave new world have changed and none for the better.

[Will Handley]

Originally Posted by mcyr

Mutual fund statement came in today, lost thousands of dollars again for this quarter, and you guys are telling me to buy more!

Marcel

Not necessarily mutual funds! Index funds have transparency and perform better. Many mutual fund managers had been investing heavily into WAMU, WACHOVIA and some of the hard core investment banks which no longer exist. Investors in these funds didn't even know what the funds holdings were.

Pick a long term growth stock and get ready for the ride up! GM at $4 you gotta be kidding me. IBM exceeded all profit estimates and is still in the tank. Start buying pronto!

[Marcel R. Cyr]

Originally Posted by whandley

Not necessarily mutual funds! Index funds have transparency and perform better. Many mutual fund managers had been investing heavily into WAMU, WACHOVIA and some of the hard core investment banks which no longer exist. Investors in these funds didn't even know what the funds holdings were.

Pick a long term growth stock and get ready for the ride up! GM at $4 you gotta be kidding me. IBM exceeded all profit estimates and is still in the tank. Start buying pronto!

Hi. Will;

My Mutual Funds are in the American Funds and suppose to be in a conservative Market. I am to old to be in a Fund that is aggressive.

Four months ago I told them to change it to a more conservative fund more than I already had.

Every four months I see 2-4 thousands go out the window.

Makes anyone nervous when you look at the little amount of retirement money going out the window.

Thanks

Marcel

[RAY THOROMAN]

Ok so Nick or anyone else if you have $1000-$5000 ready to invest on Tuesday, what would you buy? Or Nick what are you buying on Tuesday? How much are you putting in?

Give me your top 5-10 picks. Like a few of you are saying this is looking tempting. I never played the stock market, I did play the forex market and never could get past even.....




Ray

[David P. Valley]

I never got into stocks (in the past) but looking at the automobile manufacturers stock prices, I think I'll drop a few thousand into GM and Ford. Vehicle manufacturing will never cease, so it's got to go up from here.

Ford went from $5.28 per share (in Sept) to $2.66 today.

GM went from $11.40 (in Sept) to 6.91 today.

Other stocks to consider would be anything related to health care, cellular phones and Energy.

JMO....

[Dale Duffy]

The next few weeks is the opportunity of a life time, if you buy and sell correctly, with a large amount of money, you should be able to not worry about working the rest of your life.

If you see me here in a month, you'll know my idea didn't pan out----

1. I will either be dead after they remove half of my pancreas on the 20th.-
2. Or I will be at the Westin Resort in Fiji-----

[Marcel R. Cyr]

Originally Posted by dduffy

The next few weeks is the opportunity of a life time, if you buy and sell correctly, with a large amount of money, you should be able to not worry about working the rest of your life.

If you see me here in a month, you'll know my idea didn't pan out----

1. I will either be dead after they remove half of my pancreas on the 20th.-
2. Or I will be at the Westin Resort in Fiji-----

Well, Dale, let us all wish you that it is #2 and shall you have a nice blonde on each side of you to handle your money.

[Dale Duffy]

Originally Posted by mcyr

Well, Dale, let us all wish you that it is #2 and shall you have a nice blonde on each side of you to handle your money.

I already have the nice blond ...we will see about the money, if I make a lot of that, I might get rid of the blond----

[Michael Larson]

Originally Posted by gromicko

It's going straight up on Tuesday folks, and remember where you heard it.

Tuesday or Monday?

Banks are closed but the stock market is open..

It is a Federal Holiday

NYSE is open on Monday Oct. 13th

The NASDAQ is also open on the 13th

[Christopher B. Currins]

Originally Posted by jburkeson1

GM at less than $5 a share looks tempting it hasn't been this low since 1958, the problem of course is this another one of the too big to fail companies?