Being right sucks.

Discussion in 'The Green Room' started by Man Afraid of his Shoes, Mar 31, 2017.

  1. Man Afraid of his Shoes

    Man Afraid of his Shoes كافر

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    So a little over a year ago, for some inexplicable reason, The Warden asked me where we should invest an extra $5k. Her dad does most of our investing through a financial guy, and she decided she (meaning me) needed to make some of our own decisions. I'd recently heard about how Amazon lost money on the movie side (even thought they more than made up for it on the retail side) causing their stock to drop like a rock. I told our financial guy to buy Amazon here.

    upload_2017-3-31_21-15-10.png

    Needless to say, now they're bugging me for more choices. We've got another bunch of cash we need to invest, and I'm choosing Raytheon (Hi @Forbin) right here.

    upload_2017-3-31_21-18-7.png

    Fingers crossed.
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  2. oldfella1962

    oldfella1962 the only real finish line

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    At my work we deal with Raytheon somewhat - not too happy with their support. Now General Dynamics on the other hand are great. And Harris Corporation has a huge, ever expanding role in all kinds of new military equipment and taking over maintenance contracts on other companies equipment. I don't know if your investment guy has any info about them, but Harris do seem to be on the cutting edge of a lot of modern military equipment.
  3. Volpone

    Volpone Zombie Hunter

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    A dollar cost average invest in a no load index mutual fund. With zero skill, intelligence, or luck, you will outperform the market 100% of the time.

    Trying to pick individual stocks and buy when they're cheap and sell when they're expensive is a fool's errand.

    I like Vanguard's Lifestrategy Growth Fund. Then (ideally) I sock $200 (or whatever I can afford) into it every month. That way when the stock is cheap I buy more shares and when it is expensive I buy less. It's automatically hedged by being based on the market and dollar cost averaging makes smart buys literally brainless.
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  4. Man Afraid of his Shoes

    Man Afraid of his Shoes كافر

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    Preaching to the choir. They won't have any of it. I've been wanting to do an index with S&P 500.
  5. Eightball

    Eightball Fresh Meat

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    I havent been following since I retried but the time looks right for gold mining again.
  6. Forbin

    Forbin Do you feel fluffy, punk?

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    Raytheon's one of our competitors, actually. I'm at Harris.
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  7. oldfella1962

    oldfella1962 the only real finish line

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    Pretty much all of our air traffic control systems are going to an all-Harris format. I can't imagining anybody being able to touch them for at least a few more years.
  8. Man Afraid of his Shoes

    Man Afraid of his Shoes كافر

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    Okay. I don't know why I thought you were at Raytheon.
  9. Forbin

    Forbin Do you feel fluffy, punk?

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    That's our lovely Van Nuys, CA office.
  10. Man Afraid of his Shoes

    Man Afraid of his Shoes كافر

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