Anyone here invest/trade stocks?

[Wookie]

Originally Posted by The Fonz

BUMP

I'm thinking now would be a good time to buy some stocks, but I'm not sure where to begin. Should I be doing this using CIBC Investor's Edge? Over the last year we saw Oil get as high as $140, and now it's sitting at $67, wouldn't this be worth looking into?

Oh and I found this interesting:



Sorry to bring this up smith12, well not really because I don't think you will see this, but it's nearing the end of 08 and Oilexco is a long way from 24, they're currently at $5.60. As for Sterling Resources, they're at $.75

Oilexco has been
swacked like everything else. But the analysts are currently
coming up with a wide variety of targets now.
Scotia Bank cuts their target from $18.00 to $6.25 today.
Meanwhile, CIBC has cut their target from $23.00 to
$10.00; Bank of Montreal from $25.00 to $12.00; Genuity
Capital from $29.00 to $8.00; Tristone from $22.00 to
$13.00 and Canaccord from $28.50 to $16.00.

One of them might be right, but which one?

[Slava]

Originally Posted by Wookie

Oilexco has been
swacked like everything else. But the analysts are currently
coming up with a wide variety of targets now.
Scotia Bank cuts their target from $18.00 to $6.25 today.
Meanwhile, CIBC has cut their target from $23.00 to
$10.00; Bank of Montreal from $25.00 to $12.00; Genuity
Capital from $29.00 to $8.00; Tristone from $22.00 to
$13.00 and Canaccord from $28.50 to $16.00.

One of them might be right, but which one?

The number that you will care about is going to be an average of what the analysts project. That will eventaully determine whether the company manages to "beat the street" or not.

[Wookie]

Originally Posted by Slava

The number that you will care about is going to be an average of what the analysts project. That will eventaully determine whether the company manages to "beat the street" or not.

Or this number
$1,000,000,000
the amount of financing they panned to complete with Royal Bank Of Scotland before everything went to hell.

[SeeGeeWhy]

Couch Potato Investing:

http://www.canadianbusiness.com/my_m...05_152254_1452

[The Fonz]

How would I go about buying oil? I don't want to buy stock in an oil company, I actually want to buy the oil itself. I'm a noob.

[Flashpoint]

You guys play WOW?

Figure you'll keep playing WOW? Think you might play Starcraft 2 when it comes out?

Check what the recent financial crisis has done to Activision Blizzard stock. Then ask yourself if you think it might recover down the road...

[Slava]

Originally Posted by SeeGeeWhy

Couch Potato Investing:

http://www.canadianbusiness.com/my_m...05_152254_1452

How did that fare over the past few months?

[Khel]

Originally Posted by Flashpoint

You guys play WOW?

Figure you'll keep playing WOW? Think you might play Starcraft 2 when it comes out?

Check what the recent financial crisis has done to Activision Blizzard stock. Then ask yourself if you think it might recover down the road...

Huh? Activision was down .03% today... yikes.

[SeeGeeWhy]

Originally Posted by Slava

How did that fare over the past few months?

Very good question. Let's say you took $10,000 on Dec 31, 2007, and split it up according to the mix recommended by moneysense.

Today you'd have $7,906.77, down about 21%.

I am not sure how this fares compared to the "average".

I think the big argument about this portfolio is the reduced fees that an investor pays, you are still exposed to the market and all of its ups and downs.

People who invest in actively managed funds or through an advisor have probably seen big losses in their portfolios on top of high management, service and transaction fees.

[Slava]

Originally Posted by SeeGeeWhy

Very good question. Let's say you took $10,000 on Dec 31, 2007, and split it up according to the mix recommended by moneysense.

Today you'd have $7,906.77, down about 21%.

I am not sure how this fares compared to the "average".

I think the big argument about this portfolio is the reduced fees that an investor pays, you are still exposed to the market and all of its ups and downs.

People who invest in actively managed funds or through an advisor have probably seen big losses in their portfolios on top of high management, service and transaction fees.

Well its better than some and worse than others. There was a study completed recently that showed that indexes have lost more than most managed funds however, so while the fees are of some concern, it would appear that the fees do buy you some security.

[OilersBaby]

Okay this is kind of related as it relates to invensting..does anyone have advice on treasury bills vs CDs in the USA? My husband and I have a bit of extra money coming our way..raises from work since he works soooooooooooooooooooooooooooooooooooooooooo hard and we want to invest in something that's going to guarantee us money (even if just a little bit). We dont want any risks involved. Cant decide if we should go with the T Bills or CDs?

I know this isnt really investing, its more of saving your money but hey thought I would ask you folks.

Gracias.

[SeeGeeWhy]

Originally Posted by Slava

Well its better than some and worse than others. There was a study completed recently that showed that indexes have lost more than most managed funds however, so while the fees are of some concern, it would appear that the fees do buy you some security.

Interesting! Do you have a link to the study? I'd be curious to see the spread between the index and managed funds. Does it say what the average % fee for the managed funds are?

[Slava]

Originally Posted by SeeGeeWhy

Interesting! Do you have a link to the study? I'd be curious to see the spread between the index and managed funds. Does it say what the average % fee for the managed funds are?

I'll get you the link. Most of the managed money is around the 2-2.5% mark...but if you are losing less when the markets tank and keeping pace as they go up than its worth paying IMO.

[Slava]

Originally Posted by fotze

What would a fund normally hold? $60 million?

There is no "normal" really. There are funds that are just starting out and then some gargantuan funds that hold billions of dollars. I see where you're goiong with this, but out of that 2.5% (or whatever the specific figure is) they run the fund, pay the costs and so on. I'm sure that there is money made here, but to get top quality management its not free.

Here is a link from above: http://micro.newswire.ca/release.cgi...0613-0&Start=0

Before someone jumps all over me, I said it was a study, when it was in fact a survey...

[Slava]

Originally Posted by fotze

Just curious how much staff man a fund. Does the head make $6 million dollars/year?

The big guns (managers of the big funds) can make unbelievable money. Multi-millions for sure. But to be fair these guys are managing huge amounts of money, and generally work huge hours...also the stress of running something like that is insane!

I read an interview with a personal favorite of mine last week, and it suggested that he regularly works for 20 hours per day!

[Flashpoint]

Originally Posted by Khel

Huh? Activision was down .03% today... yikes.

And that, ladies and gentlemen, is the difference between a "trader" (who may as well just go to Vegas and bet on black) and an investor (who looks at the long term).

Since the thread is looking for investment advice... try finding a stock with a depressed price (that may yet lose money in the coming months) that will likely return to its average price in the years to come.

Patience is a virtue.

[V]

Oil companies were really good last Monday/Tuesday with the TSX at around 8500 and Oil in the 60s. Now they're still a good deal, and I really don't see how you lose in the long term if you were to buy CNQ or Encana or Suncor or the like today. There's a good chance they get a little softer than they are today, but there's really nothing wrong with here as an entry point.

[The Fonz]

Originally Posted by Flashpoint

try finding a stock with a depressed price (that may yet lose money in the coming months) that will likely return to its average price in the years to come.

That's why I was thinking of buying stock in oil companies, I don't know a lot, but don't you think their stock will bounce back up eventually? Seems like a solid investment to me.

I'm also looking into some companies that do solar energy...

SunPower Corp - closed at 32.99, 52Wk high 164.49, 52Wk low 29.33
Suntech Power Holdings Co - closed at 16.35, 52Wk high 90.00, 52Wk low 11.50
First Solar Inc - closed at 150.09, 52Wk high 317.00, 52Wk low 95.32

Does anyone else think solar would be wise to invest in? Seems like a technology that we're surely to use more of in the future.

[kevman]

Originally Posted by Slava

I'll get you the link. Most of the managed money is around the 2-2.5% mark...but if you are losing less when the markets tank and keeping pace as they go up than its worth paying IMO.

The way I see it is if my investment advisor can get me the same return or a slightly higher return than the markets themselves I don't care how big their cut is Nothing wrong with charging money to provide a service that I view as valuable...

[Slava]

Originally Posted by kevman

The way I see it is if my investment advisor can get me the same return or a slightly higher return than the markets themselves I don't care how big their cut is Nothing wrong with charging money to provide a service that I view as valuable...

That is my thought exactly...if an individual nets a better amount than they otherwise would've than the fee is irrelevant.