Investments

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Originally Posted by Gooch

Core positions would revolve around Apple, Amazon, Research in Motion, Baidu, etc. I'd also keep an eye on alternative energy, companies like First Solar, and looking at natural gas companies since natty gas has really trailed oil/gasoline recently. NYSE Euronext (NYX) could be poised for a breakout as well.

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In case anyone's been following the market, it looks like we may have started to bottom in regards to the credit market turmoil. Not saying bad news still won't come out or that more write-downs won't happen, but the market and price reaction seems to be improving. I'd still be riding these aforementioned horses into 2008, but I'd protect myself.

Research in Motion (RIMM) blew out earnings last night and is up almost 20% over since yesterday's opening price. Probably best to lighten up and take profits or roll-forward while opportunisitically watching it going forward.

I think we'll have a nice little Santa Claus rally to close out 2007 (especially for something like Amazon) so now may be a good time to get in for a short-term trade (something like bull spreads) and then maybe sit in cash at the start of 2008 and then ease in depending on how the market looks. I still think we'll see a few more rate cuts in 2008 and that we'll see a nice rally running us up to the election, when McCain will win the presidency.

Real estate is a good long term investment at current, the prices won't fall forever and there are some really good values out there.

The real estate market won't be correcting itself for at least a year.

Also: Fuck all you rich motherfuckers.

I'd buy a piece of land.

I'd buy a piece of land in my town. Shit, property downtown is now worth about $10 million. About 15 years ago, they were significantly lower. Thank you, Mayor Cunningham. Your black ass selling out to businesses and forcing out poor families from the waterfront property has now caused a boom and made the rich richer.

I <3 making the rich richer!

I don't.

That's how jobs get created and poor people become middle class people.

You might get to mow a yard! Awesome!

Not jobs in my city. Hell, I don't even think the construction company handling the new buildings are from the county. They are being made into condos/apartments, all going for at least $2500 rent for a one bedroom. I don't see how that's good for anyone in this city.