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Old 02-20-2009, 10:01 PM   #1  
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Question FDX drivers- are you investing in your stock?

We all know the stock market has been hammered for some time now. However, today I noticed that FDX and UPS shares are now less than $5 apart?!
(Yahoo Finance 2/20/09 FDX $46.96 - UPS $42.80)

Heck, I remember when FDX stock was more than twice the value of a UPS stock.

The companies are very different yet similar in many ways. I thought that maybe the market has overreacted a little especially when it comes to the FDX shares?

If you do a 2-year comparison on the two stocks, percentage wise FDX lost the most (but of course they both took a beating).

I’m already investing some in UPS shares via our employee discount program. So I was wondering if now might be the time to be buying some FDX shares too?

I’d like to hear especially from FDX pilots if you are still buying your company shares?

Thanks.

Please refrain from disparaging comment on either company; I’m just curious if you think buying some Purple shares looks like a good or a bad idea right now?



FDX: Basic Chart for FEDEX CORP - Yahoo! Finance
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Old 02-21-2009, 03:08 AM   #2  
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Short answer - yep. I would think buying the stock right now of ANY company you plan on keeping at least 10 years, and also believe the company will be around, is a good idea, with the prices where they are. Or, wait a short bit if you believe, like many do, that the market is still going lower.

However, my early retirement plans are kinda in the tank right now, so I'd go with someone elses advice.......
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Old 02-21-2009, 06:39 AM   #3  
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I am still buying internet stocks, they are cheap, and the autos, and financials are great!
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Old 02-21-2009, 07:11 AM   #4  
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I'm still buying for the long term, although I am not allocating as much for stock purchase as I was a year ago. Most of my retirement/investment money goes into guaranteed interest accounts and low risk funds. My return on investment isn't anything to write home about, but there is ALWAYS a return, and the amount of money I'm able to move into these accounts per pay period, helps me sleep better at night so I can dream about a well funded retirement! In a nutshell...I still have faith in FDX as a company, stock is easy to acquire, and I plan to hold it for awhile, making it an easy decision for me.
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Old 02-21-2009, 09:32 AM   #5  
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Quote:
Originally Posted by ⌐ AV8OR WANNABE View Post

I’d like to hear especially from FDX pilots if you are still buying your company shares?
Yes, I'm still buying.
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Old 02-21-2009, 11:16 AM   #6  
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Personally I'm not buying FedEx or any other stock, for that matter, right now. The market is down almost 40% this past year, and again, personally, I don't feel that the turnaround is right around the corner. So I'll continue to earn interest on my CD's and in Vanguard's Retirement Savings Trust, which is earning a cool 3.10% annualized rate of return. Eventually I'll move monies back into stocks, but for now, I'm just treading water. Of course, I'm not a spring chicken anymore (except in bed, or so my wife of 38 years tells me), so even when I move back into the market, it'll be in a fairly conservative position.

A word of advice: Index funds.... over time, almost no one beats the market, of which index funds are tied.

JJ
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Old 02-22-2009, 02:20 AM   #7  
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Quote:
Originally Posted by Jetjok View Post
Personally I'm not buying FedEx or any other stock, for that matter, right now. The market is down almost 40% this past year, and again, personally, I don't feel that the turnaround is right around the corner. So I'll continue to earn interest on my CD's and in Vanguard's Retirement Savings Trust, which is earning a cool 3.10% annualized rate of return. Eventually I'll move monies back into stocks, but for now, I'm just treading water. Of course, I'm not a spring chicken anymore (except in bed, or so my wife of 38 years tells me), so even when I move back into the market, it'll be in a fairly conservative position.

A word of advice: Index funds.... over time, almost no one beats the market, of which index funds are tied.

JJ
Another word of advice....gold. Read up on its projected increase in value relative to the decrease in the value of the $.
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Old 02-22-2009, 09:08 AM   #8  
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Another word of advice....gold. Read up on its projected increase in value relative to the decrease in the value of the $.
I'm sorry but that's one area I don't agree with you on. Investing in stocks is always risky, investing in gold is nothing else than extremely risky gambling...

I like to listen to Dave Ramsey on money matters and he's vehemently against investing in gold, especially in the long-term investing (even now with the pseudo-socialist bail-out package).

I can't find a link to a radio clip where he had a really good explanation as to why it is not a good idea but here's a short text version of "ask a question" reply:


QUESTION: A listener says a lot of people are asking about gold investments. Is this a good idea?

ANSWER: It’s a bad idea to invest in gold. Everyone’s talking about it right now because gold is really high.

In the book, Stocks for the Long Run, Jeremy Siegel has a graph that shows what would have happened to a single dollar invested in gold, bonds and stocks since 1801.

One dollar invested in bonds in 1801 would yield $13,975 today.
One dollar invested in stocks in 1801 would be worth $8.8 million today.
One dollar invested in gold in 1801 would be worth $14 today.
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Old 02-22-2009, 09:17 AM   #9  
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This is my financial adviser. He says gold is phat.
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Old 02-22-2009, 09:28 AM   #10  
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Another thing about index funds, is you don't really need a financial manager to help pick them, and therefore you don't need to pay his 1 to 2% fee, which over time works out to be a ton of money you get to keep.

JJ
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