May 2007 Top Investment Forums
Last Month's Most Active Discussion Topics at Suite101.com
May 2, 2007
Through a market correction and recovery to new highs in the DJIA, our investment forums have been alive with commentary the whole time. Read what members are saying now.
These are the top 10 investment forums here last month in order of popularity
- Bob Brinker FREE Forum 63,586
- Spiral Trading 2500+
- Honey's Bob Brinker Beehive Buzz 2
- Real Estate
- GNMA ”Ginnie Mae”
- US Stock Market
- War With Iraq
- ECRI Data & Forecast
- I Bonds or iBonds
- Get The Best CD Rate
Below is a sample of some of the most popular topics on those boards:
Spiral Trading 2500+ GROUNDZERO - Market Comment...
- In response to I think we got a move coming posted by BANANAS_:
- What we saw was the SP's come back to the buy area, you may recall we had a buy signal at 1484.25, this is where I went long... we rallied up to the resistance level of 1492.50 and then we pulled back to test the new break out level where I took the current long position... this last pull back and test of the break out area was a successful test of that level, therefore we should move higher now into the turn around date...
- As always, any pull back to the break out level would be a buying opportunity... the spiral tells us to take a short position only if/when we break the spiral barrier at any point, but the model is still long since the spiral has not been penetrated...
- I'm holding longs until the turn around date of May 2nd, or when the current up spiral is violated...
Real Estate April 29, 2007 » TonyFromGlendale - "If you want I can tell you..."
- Mr. "nvberinger" if you want I can tell you about the real estate I purchased for $273,000 and sold last June 2006 for $4,650,000. This is one of several good real estate investments I have made. To presume Jeff Bezos is a "Poor Rich Smuck" because he bought some expensive real estate may or may not be correct...only in the future will his purchase be shown to be a good one or a poor investment. It was the "name-calling" that bothered me. I suppose Bob Hope who was a huge land owner in Southern California was also a "Poor Rich Smuck" who "didn't understand the value of money" and "you gotta love these dilusional minds at work." Why the name calling? There are many who post on the Kirk Lindstrom Investment site (including Kirk) who have made a lot of money in real estate. Real Estate has cycles. The richest folks I know here in Southern California are wealthy, and super wealthy, because of real estate.
- I don't know why some of Brinker's "Bob can do no wrong" supporters get so upset that Brinker's critics listen to his show. Bob is great for talking about events and ideas related to investing. It is best I don't agree with everything because that exercises my mind. Also, I like to hear the good ideas offered by his guests. It is great when the best of the best guests reinforce what I've been trying to teach here at Suite101 and in "My Newsletter ".For example, this weekend Burton G. Malkiel said quite clearly to a caller:
- "I have been following markets for about 50 years, and I've never met anybody who could time the market correctly."
- I've heard Jack Bogle in interviews say he does the same thing as Dr. Malkiel and I except he uses some of Vanguard's managed mutual funds that are tax efficient and have low turnover.
- "The idea that a bell rings to signal when investors should get into or out of the stock market is simply not credible. After nearly fifty years in this business, I do not know of anybody who has done it successfully and consistently. I don't even know anybody who knows anybody who has done it successfully and consistently. Yet market timing appears to be increasingly embraced by mutual fund investors and the professional managers of fund portfolios alike."[John C. Bogle in Common Sense on Mutual Funds: , pg 20]
- I feel great knowing that two "legends in their own time" recommend what I teach here and they share the same opinion of market timing.
Come join our lively discussion forums now!
DISCLAIMER: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.
The copyright of the article May 2007 Top Investment Forums in Investment is owned by Kirk Lindstrom. Permission to republish May 2007 Top Investment Forums in print or online must be granted by the author in writing.
