UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next
Author: way2gutsy Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: Re: The Best Time to Open an IRA??? Date: 10/3/2000 11:28 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
In response to fingerplays' request for recommended stocks on sale, I have invested my largest total IRA holdings in Newport (NEWP).

It's currently about 14% under its 52 wk. high, which it reached on 9-26-00. That's about as "on sale" as NEWP ever gets.

But you don't need any sale price on NEWP to make tons of money.

I don't need to tell you that there are very few stocks in this current market that have set 52 wk. highs in the past couple weeks.

Not only that, but NEWP returns are:

1 year: 3,267 %
YTD: 1,200 %
6 months: 275 %
2 months: 60 %

These returns look mighty sweet, especially if your returns are in a tax-free Roth IRA. In fact, my Roth is currently ENTIRELY invested in NEWP, and I'm smiling all the way to retirement!

way2gutsy

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement