Author Topic: Stock Pick Master Thread  (Read 24811 times)

Offline boruch

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Aug 2011
  • Posts: 334
  • Total likes: 4
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: monsey, NY
Re: Stock Pick Master Thread
« Reply #75 on: July 19, 2012, 04:16:46 PM »
A friend of mine got $10K by his bar mitzva. His dad invested it in aapl for him. He just sold the stocks for $110K :)

The guy had guts to put all his eggs in one basket. That's a huge risk. Good for him it played out well.

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 20K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 22472
  • Total likes: 891
  • DansDeals.com Hat Tips 74
    • View Profile
  • Location: NYC
Re: Stock Pick Master Thread
« Reply #76 on: July 19, 2012, 04:17:53 PM »
The guy had guts to put all his eggs in one basket. That's a huge risk. Good for him it played out well.

$10k at 13 years old, less averse to risk IMHO.
« Last Edit: July 19, 2012, 04:21:07 PM by AsherO »
My barber needs your support, hes a real sweetheart.

https://www.gofundme.com/f/save-our-barber-shop

Offline U-no-me!

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2011
  • Posts: 1543
  • Total likes: 11
  • DansDeals.com Hat Tips 7
    • View Profile
  • Location: "Elvis Has Left The Building"
Re: Stock Pick Master Thread
« Reply #77 on: July 19, 2012, 04:19:31 PM »
$10k at 13 years old, less averse to risk IMHO.

+1
Vote U-no-me '14!

Offline RJ898

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: May 2011
  • Posts: 669
  • Total likes: 3
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: Asleep at my desk.
Re: Stock Pick Master Thread
« Reply #78 on: July 19, 2012, 04:22:25 PM »
How do you start today? What website do you use?
Part of the vast right wing conspiracy.

Offline zale

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2011
  • Posts: 1374
  • Total likes: 292
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: Brooklyn, NY
Re: Stock Pick Master Thread
« Reply #79 on: July 19, 2012, 04:28:58 PM »
Yup! He's actually a ddf member but hasn't been on in a while. Anyway so with that money he bought 2 houses so far, (got to love the real estate market in pittsburgh now adays) and both houses are rented out for a nice profit.

How do you buy two homes with $110k?

Do you mean that he put 50k down on each home and took out a mortgage?

Renting homes is not easy business. Things break all the time, and sometimes tenants don't pay. My brother does this for a living.

At any rate, kudos to the father for his direction to invest the Bar Mitzvah money.

Offline boruch

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Aug 2011
  • Posts: 334
  • Total likes: 4
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: monsey, NY
Re: Stock Pick Master Thread
« Reply #80 on: July 19, 2012, 04:34:06 PM »
$10k at 13 years old, less averse to risk IMHO.
Of course. But to put everything in one stock is still risky.

But then again, is 10K a significant amount in your portfolio? Maybe for this guy 10K was nothing and has millions in other investments
I never even got close to 10K for my Bar Mitzvah and for me 10K . . .

Online jj1000

  • Administrator
  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • **********
  • Join Date: Jun 2008
  • Posts: 11331
  • Total likes: 1616
  • DansDeals.com Hat Tips 8015
    • View Profile
  • Location: The value of a forum such as this one is not in that one can post a question and receive an answer, but in that the question has most likely been asked before, and the answer is available to him that will but only use the search function.
  • Programs: 1. Search on google. 2. Search in the right board of DDF with a general word or two. 3. Read the wiki. 4. Read the thread. 5. Ask away.
Re: Stock Pick Master Thread
« Reply #81 on: July 19, 2012, 04:49:28 PM »
How do you buy two homes with $110k?

Do you mean that he put 50k down on each home and took out a mortgage?

Renting homes is not easy business. Things break all the time, and sometimes tenants don't pay. My brother does this for a living.

At any rate, kudos to the father for his direction to invest the Bar Mitzvah money.
I guess you haven't looked into the Pittsburgh real estate market much. $110K can buy 2 very decent homes. He didn't even use 75% of his money... Yes it is a hard business that's his choice. And I wish him the best.

The guy had guts to put all his eggs in one basket. That's a huge risk. Good for him it played out well.
It was not all his bar mitzva money he received 1 gift of 10K from his fathers parents... Yes a sizable risk and B"H it worked out :)
See my 5 step program to your left <--

(Real signature under my location)

Online good sam

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jun 2011
  • Posts: 3207
  • Total likes: 434
  • DansDeals.com Hat Tips 10
    • View Profile
Re: Stock Pick Master Thread
« Reply #82 on: July 19, 2012, 09:57:52 PM »
Heck of a lot better than my bar mitzvah money.  Put it all in mutual funds during the tech boom.  It's worth about the same now as it did then. 
If you don't care why would you comment?
HT: DMYD

Offline zale

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2011
  • Posts: 1374
  • Total likes: 292
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: Brooklyn, NY
Re: Stock Pick Master Thread
« Reply #83 on: July 19, 2012, 10:06:02 PM »
Quote
I guess you haven't looked into the Pittsburgh real estate market much. $110K can buy 2 very decent homes. He didn't even use 75% of his money... Yes it is a hard business that's his choice. And I wish him the best.

Do those homes have wheels on them?

(jk  ;D)

Online good sam

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jun 2011
  • Posts: 3207
  • Total likes: 434
  • DansDeals.com Hat Tips 10
    • View Profile
Re: Stock Pick Master Thread
« Reply #84 on: July 19, 2012, 11:20:26 PM »
Do those homes have wheels on them?

(jk  ;D)
He said Pittsburgh -- not Alabama
If you don't care why would you comment?
HT: DMYD

Online good sam

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jun 2011
  • Posts: 3207
  • Total likes: 434
  • DansDeals.com Hat Tips 10
    • View Profile
Re: Stock Pick Master Thread
« Reply #85 on: September 19, 2012, 09:42:27 AM »
i would not be a buyer of aapl at these prices it should come down a little soon to 500 where i would happily buy more
When it hits $700, you'll wait for it to come down to $600.
bump
If you don't care why would you comment?
HT: DMYD

Offline yuneeq

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2013
  • Posts: 6853
  • Total likes: 1071
  • DansDeals.com Hat Tips 10
  • Gender: Male
    • View Profile
  • Location: NJ
Re: Stock Pick Master Thread
« Reply #86 on: February 02, 2013, 07:47:25 PM »
i would not be a buyer of aapl at these prices it should come down a little soon to 500 where i would happily buy more

Bump for AAPL at 450  ;)

Anyone have any cheap stocks to share?
Low P/E, low price/book ratio, solid fundamentals, basically a Benjamin Graham type of stock?

Offline U-no-me!

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2011
  • Posts: 1543
  • Total likes: 11
  • DansDeals.com Hat Tips 7
    • View Profile
  • Location: "Elvis Has Left The Building"
Re: Stock Pick Master Thread
« Reply #87 on: February 02, 2013, 07:49:33 PM »
Bump for AAPL at 450  ;)

Anyone have any cheap stocks to share?
Low P/E, low book/price ratio, solid fundamentals, basically a Benjamin Graham type of stock?

I'm still a huge fan of AHT. I was when it was $1, I was when it was in $6 range when I mentioned it over here and I'm still when it's in the $11 range.
Vote U-no-me '14!

Offline yuneeq

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2013
  • Posts: 6853
  • Total likes: 1071
  • DansDeals.com Hat Tips 10
  • Gender: Male
    • View Profile
  • Location: NJ
Re: Stock Pick Master Thread
« Reply #88 on: February 02, 2013, 07:59:56 PM »
I'm still a huge fan of AHT. I was when it was $1, I was when it was in $6 range when I mentioned it over here and I'm still when it's in the $11 range.

That's interesting. Because as of now, there is nothing much to get excited about. They haven't pulled in a profit in years, and their assets are shrinking. They still give a dividend without making any money. The stock price shot up, so nowadays they aren't worth even the assets in case of bankruptcy. I'll move along.

Offline churnbabychurn

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jul 2012
  • Posts: 7250
  • Total likes: 283
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Lakewood
Re: Stock Pick Master Thread
« Reply #89 on: February 02, 2013, 08:53:15 PM »
Its illegal for a company to pay out more than its retained earnings and have a shareholder's deficit.