Help me invest $2000

[Engineer]

Originally posted by: AnonymouseUser

Originally posted by: Engineer

Originally posted by: BoldAsLove
put it in cramers stock of the year...and let it just ride for the year....NYX.

I watched that. I looked it up earlier and the P/E ratio of nearly 115 scared the crap out of me. Cramer said earning were going from $0.89 per share to $2.40 per share in just over 2 years. I'm not so sure about that one.....hehe!

Trailing P/E ratios are worthless, unless forward P/E is actually higher. Forward P/E (1 yr) for NYX is 43. As long as NYX keeps beating estimates and raising guidance (and the overall market is healthy) the stock will continue to go up.

Edit: I just looked at the Yahoo page and noticed that they have a separate table on the right side below the main stock page (for each stock) that lists forward stats. I can't believe that I've missed that all along.


Good point. Where do you find forward P/E ratios (easy site to look at them all possibly?)? Cramer does seem to think that they will explode and his track record isn't exactly the worst, even if he strokes his ego more than a porn star strokes his d##k! :Q

 

[AnonymouseUser]

Originally posted by: iversonyin

Originally posted by: her209

Originally posted by: sjwaste
$2k isn't enough to diversify into invidivual stocks, and index funds have good returns in the long run.

I say screw diversification... all or nothing@!@@@!@

4 shares of GOOG!

That probably wouldn't be a bad choice. Much better than the Ford suggestion above. I approve of NYX as well.

With $2000, there is no reason to diversify. Cut your losses @ 5-8%, let your winners run and take profits @ 20%.

 

[Jadow]

Well, I like Fidelity, Vanguard, and T.Rowe Price, you can't go wrong with any of those 3.

With $2000 at T. Rowe Price, you can invest in their S&P Index fund. The minimums are:

To Open an Account $2,500
To Add to an Account $100
To Open an IRA Account $1,000
To Add to an IRA Account $50
Systematic Purchase Minimum $50

So you can get into an acount with any amount you want if you want to make systematic purchases of as little as $50. They just take them via ACH from your checking account.

 

[AnonymouseUser]

Originally posted by: Engineer

Originally posted by: AnonymouseUser

Originally posted by: Engineer

Originally posted by: BoldAsLove
put it in cramers stock of the year...and let it just ride for the year....NYX.

I watched that. I looked it up earlier and the P/E ratio of nearly 115 scared the crap out of me. Cramer said earning were going from $0.89 per share to $2.40 per share in just over 2 years. I'm not so sure about that one.....hehe!

Trailing P/E ratios are worthless, unless forward P/E is actually higher. Forward P/E (1 yr) for NYX is 43. As long as NYX keeps beating estimates and raising guidance (and the overall market is healthy) the stock will continue to go up.

Good point. Where do you find forward P/E ratios (easy site to look at them all possibly?)? Cramer does seem to think that they will explode and his track record isn't exactly the worst, even if he strokes his ego more than a porn star strokes his d##k! :Q

You can see it on the Yahoo finance page, half-way down right side. TD Ameritrade has 2 years of estimates, showing a mean estimate of $3.16/share for 2008. That gives it a (2 year) forward P/E ratio of 32 at it's current price.

 

[AnonymouseUser]

Let me go ahead and recommend my current favorite stock, Force Protection. Buy 100 shares and let it run.

 

[Engineer]

Originally posted by: AnonymouseUser
Let me go ahead and recommend my current favorite stock, Force Protection. Buy 100 shares and let it run.

Damn, if you bought that back in January 06, you would be smiling pretty today!

 

[AnonymouseUser]

Originally posted by: Engineer

Originally posted by: AnonymouseUser
Let me go ahead and recommend my current favorite stock, Force Protection. Buy 100 shares and let it run.

Damn, if you bought that back in January 06, you would be smiling pretty today!

I never would have touched it for less than $1, but I bought that back in May @ $4 and am quite happy!

 

[iversonyin]

Originally posted by: AnonymouseUser

Originally posted by: iversonyin

Originally posted by: her209

Originally posted by: sjwaste
$2k isn't enough to diversify into invidivual stocks, and index funds have good returns in the long run.

I say screw diversification... all or nothing@!@@@!@

4 shares of GOOG!

That probably wouldn't be a bad choice. Much better than the Ford suggestion above. I approve of NYX as well.

With $2000, there is no reason to diversify. Cut your losses @ 5-8%, let your winners run and take profits @ 20%.

$2000 is not worth trading. Find a good stock and hold that b***h for years.

 

[iversonyin]

Originally posted by: Engineer

Originally posted by: AnonymouseUser

Originally posted by: Engineer

Originally posted by: BoldAsLove
put it in cramers stock of the year...and let it just ride for the year....NYX.

I watched that. I looked it up earlier and the P/E ratio of nearly 115 scared the crap out of me. Cramer said earning were going from $0.89 per share to $2.40 per share in just over 2 years. I'm not so sure about that one.....hehe!

Trailing P/E ratios are worthless, unless forward P/E is actually higher. Forward P/E (1 yr) for NYX is 43. As long as NYX keeps beating estimates and raising guidance (and the overall market is healthy) the stock will continue to go up.

Edit: I just looked at the Yahoo page and noticed that they have a separate table on the right side below the main stock page (for each stock) that lists forward stats. I can't believe that I've missed that all along.


Good point. Where do you find forward P/E ratios (easy site to look at them all possibly?)? Cramer does seem to think that they will explode and his track record isn't exactly the worst, even if he strokes his ego more than a porn star strokes his d##k! :Q

You have to pay up for growth stocks.....

 

[Engineer]

Originally posted by: iversonyin
You have to pay up for growth stocks.....

pay and pray!