Flying into the flame, indeed!A) emotional investing ... patriotic, but emotionalB) been to Reno, got the t-shirt, lost the t-shirt in Las VegasC) I encourage a bit of speculation with a few percent of the portfolio for many investors (hang on, I'll post my e-mail address; I accept Paypal)D) can you say "contrarian?" can you say "deep value investment?" can you say "deep doo-doo?" Garrison Keillor said it charmingly: "I believe that sometimes you have to look reality in the face and deny it!"E) emotional investing, deep value investing, speculation, high hopes ... a little too much Tabasco in that stew for my taste!F) I've heard rumors of a herd but all I've seen so far has been a dust cloud of epic proportions.Although I was part of the herd WRT my common shares, I'm still holding my F.PRS with a 6% yield at my cost, 10% yield at the current price. Try to tell me that's not a risk premium! I'm honestly tempted to buy on dips but I'm haunted by the phrase "a better place for the money." I could claim that buying would be a contrarian move but that would be too reminiscent of my return trips to Las Vegas where where my gambling money simply contributes to the hotels paying their light bills.Lord knows I WANT Ford to survive and thrive and I WANT to buy back into the common stock but for the next year or two, taking that seriously would involve alcohol, drugs and denial. OTOH if the common dips to $7.25 ...KennyO
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra