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Old 11-01-2007, 08:12 PM   #11
venomous viper
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Smile I like index funds also for consistent boring returns..

I've been on the record with my next pick for areas to buy in for nearly a year. It is also doing very well. Buy and never get sell. Those that have read my book, know that is my feelings.
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Old 11-01-2007, 08:25 PM   #12
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Any old idiot can look back and tell you what you should have done. What to do for the future, now that is the question.
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Old 11-01-2007, 08:33 PM   #13
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Any old idiot can look back and tell you what you should have done. What to do for the future, now that is the question.
Well I am not that old... idiot otoh you may be right
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Old 11-01-2007, 08:34 PM   #14
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Well I am not that old... idiot otoh you may be right
LOL. No offense, buddy. I do this all the time myself. "Man, if just would have bought X ...."
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Old 11-01-2007, 08:44 PM   #15
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Default nobody is an idiot!!

People just get interested in different things. I make mine in real estate and helping people create wealth. Real estate will do it. Pick an area in sunbelt, median price home under 140K, growth expanding that way, buy and hold, and you will create wealth, period.... Some areas are pin point perfect, but any will do, if you give it enuff time.
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Old 11-01-2007, 10:53 PM   #16
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I'll see your Google, Forrest, and raise you an Apple.

It launched at $26 per share, is worth about $190 now, and has been split 2:1 three times. In other words, its worth is 58.5 times greater now: (26/190) x (2x2x2) = 58.5.

A similar investment of $42,500 (500 shares x $85) in 1984 would yield $2,498,250 today.
I cry about apple and my experience is more recent...I bought it for 11 bucks a share in like 2001 and sold it for about 35 bucks just after the first Ipod was released. I figured the market was overpricing the impact of a simple little device that could only play music....boy was I wrong I made money but I kick myself for selling.
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Old 11-01-2007, 11:55 PM   #17
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Any old idiot can look back and tell you what you should have done. What to do for the future, now that is the question.
The seers have said time and time again: rice, wheat, and potato "pearls" from the cannery...
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Old 11-02-2007, 12:41 PM   #18
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LOL. No offense, buddy. I do this all the time myself. "Man, if just would have bought X ...."
For me its not so much "I wish I would have bought". I work for startup entering its 4th year and growing like crazy (exit rate of ~300 million in Revenue for 2007). Since I have come on board all they have talked about is comparing us (as a startup solely) to what Google did.

"Google didn't have a financial system until year 5 only quickbooks"

"Google opened at $85 a share"

"Google market capitalization was 6 times revenue"

Now do I think our stock will be anywhere near google $700? No, I do think that when we have our IPO it will be successful and 3 years from that point our stock will be trading at twice to 3 times the IPO.
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Old 11-02-2007, 02:34 PM   #19
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For me its not so much "I wish I would have bought". I work for startup entering its 4th year and growing like crazy (exit rate of ~300 million in Revenue for 2007). Since I have come on board all they have talked about is comparing us (as a startup solely) to what Google did.

"Google didn't have a financial system until year 5 only quickbooks"

"Google opened at $85 a share"

"Google market capitalization was 6 times revenue"

Now do I think our stock will be anywhere near google $700? No, I do think that when we have our IPO it will be successful and 3 years from that point our stock will be trading at twice to 3 times the IPO.
Sounds like a fun situation to be in. I hope it works out well for you.
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Old 11-02-2007, 04:15 PM   #20
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For me its not so much "I wish I would have bought". I work for startup entering its 4th year and growing like crazy (exit rate of ~300 million in Revenue for 2007). Since I have come on board all they have talked about is comparing us (as a startup solely) to what Google did.

"Google didn't have a financial system until year 5 only quickbooks"

"Google opened at $85 a share"

"Google market capitalization was 6 times revenue"

Now do I think our stock will be anywhere near google $700? No, I do think that when we have our IPO it will be successful and 3 years from that point our stock will be trading at twice to 3 times the IPO.
You work for Omniture?
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