I've accepted the fact that I don't know as much as those who write the reviews. I don't look at the stock I look at who is recommending it. I then cross reference that with other references to get a general consensus of if I like it or not. Keeps it much simpler and less time consuming for me. To think that I'm better than someone with their masters and years of experience in the field would be a bad thing. To act on it would be much worse. On my 3 different stocks I'm averaging almost 20%. XJT is the only one bringing me down which is constantly at it's 52week low. I've decided to pick up more of it just to see what happens. On my index funds I'm averaging close to 30% with Ishares brazil and Ishares Australia.

 

A show of hands is a dangerous way to invest. You gotta ask yourself why an analyst is recommending what they are on a stock or a fund. General rule of thumb is that what an analyst recommends represents that analyst's position in a stock. In other words, if an analyst is recommending a buy for a stock it may be to inflate the price so that analyst can walk away with some percentage gains. Just take everything you hear from an analyst with a grain of salt. As a long term investor, I can not tell you how many times I've heard about a stock or a fund from some analyst or article only to check out the fundamentals and realize there was nothing there worth spending my money on. If you want to chase gains based purely on what other people are saying then thats your prerogative but its worth knowing how to make the decision for yourself.

You don't need an MBA in finance in order to invest intelligently. You just need to be able to read and have a vague idea about whats going on in the world and how it relates to the economy.

 

There are a couple of us here at AWAC that are into this quite a bit (myself included)... often times tipping each other off with some good info. Let me know if you're interested man.

 

This actually could happen.... someone is driving the price down, buying a ton of shares, and then driving the price down again.... who is doing it??? who knows? Another airline? Investment group? A lot of possibilities, but it's happening every day.

XJT is a nightmare... spending money hiring in markets, advertising like crazy, setting up stations, and pulling out 60-90 days later for what they think is a "more lucrative city."

Stay away from airline stocks---that is the #1 rule for most serious investors...including Jim Cramer and almost everyone you hear on CNBC.

 

Says who? What do you think you're doing when you buy any kind of fund? I'll trust the opinions of several advisers any day. If you take the average gain on their picks vs the market you'll find their average is almost always higher. You can involve yourself as much or as little as you'd like. I've never lost a penny doing it my way and am seeing nice returns. Only wish I made more to invest.

 

Anybody can make money in the market right now. It isn't hard. Its just how big your pile is when the music stops. And FYI, until you've sold and realized your gains, you have NOT made any money.

 

That is very true.... this is like the early 90's market...where you could invest in almost ANYTHING with little to no research.... everything was going up, it was just a matter of how much it was going up. Once its in the bank, its profit....until then---it's an investment.

 

This is basic knowledge that's true no matter what you do. But no person can tell me my way of doing things is wrong when I am making money. YES I make money without selling. It's called dividends.

 

Hey bro, you're the one buying XJT stock, not me Seriously though Toilet, let me help you out. Go take a gander at YGE and tell me what you think. Merry Christmas.

 

Dang, you got one for tommorow, that was a nice twelve percent pickup, with that and overstock I'm sittin pretty this week