Shares?

[olddog]

Did anyone manage to buy shares earlier in the year when prices were rock bottom
If so how are the looking now.

[LWTCS]

Shares of what Mike?

[olddog]

Shares on the stock exchange.

[goinbroke2]

I tried to convince the wife and our investment guy to buy ford stock when it was 1.06 a share. "no, no, stay away from the auto industry, especially the domestic's" he said. I said the only reason ford is down is because people are thinking it's like gm and mopar and that's pulling share price down.
Nope, mama wouldn't go for it and the $20,000 went down on a cottage instead.
4 months or so later, cottage is still the same 150,000 that we paid and ford stock?

Well...

it went to 9.20 a share before dropping back to around 8 something right now.

Yes that's $20,000 X 9 = $180,000 in 4-5 months!!!!!!

Oh well, I'm just glad ford is doing so good regardless.

[Ayay]

Same as all gamblin. Right now I would tip that it is a good idea to sell your house, rent for 3 years, then buy your house back at half the price...but this is only non-paid advice...really poor amature advice...and that will be $2,3015 credit to my account just coz

[myerfire]

"Non paid advise" is sometimes worth every penny. I didn't buy much because I never sold anything. I went on margin and bought some GE, Anadarko and Las Vegas Sands, kept them for a while and sold and took profits. In hind sight, I should have held them, as they continued going higher. I then shorted Conoco and Tupperware, but they have gone higher and are eating up my previous gains. Nuts!!!
myerfire

[smokerscully1]

I bought some penny mineing stock 'bout 30 years ago--cured me from the stock market.

I've made a few bucks on blackjack.

[Hack]

I don't do the stock market, but I bought myself a foreclosure house on 4.5 acres for a little less than half of what it sold for in 2006. That's about the same price as bare land with the utilities installed is going for around here. I'm positive that eventually the market here will recover to close to what it was before things crashed and once I finish remodeling I'm sure the value will be quite a bit more than what it sold for in 2006. However, I didn't buy the place to make a profit. I just want a low mortgage payment, a nice place to live, and room for all my many hobbys.

[blind drunk]

I threw a penny in a wishing well once with better returns bd.