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Good Time to Buy Stock?

By xenogear3   Follow   Tue, 7 Feb 2012, 7:07pm   4,664 views   22 comments
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The stock market seems up every day.

The coast is clear.
Time to get a home equity loan to buy stock?

I am thinking about buying Facebook stock on day 1.

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1. E-man Follow Befriend (31) 34 threads 2,545 comments San Jose, CA Premium

   1   7:53pm Tue 7 Feb 2012   Share   Quote   Permalink   Like (3)   Dislike (1)   Protected   Thanks for the indicator. I will sell some stocks tomorrow. Cheers. :)

2. B.A.C.A.H. Follow Befriend (6) 5 threads 2,359 comments

   2   7:55pm Tue 7 Feb 2012   Share   Quote   Permalink   Like   Dislike (1)   Maybe it will be a good idea. I can refinance at 3.125% and my dividend stocks are averaging about 3.5%. The mortgage interest is deductible and the tax on the dividends (thanks to GW Bush) is 15%. Should I go for it? What do you think?

3. thomas.wong1986 Follow Befriend 16 threads 4,426 comments

   3   9:51pm Tue 7 Feb 2012   Share   Quote   Permalink   Like   Dislike   xenogear3 says The stock market seems up every day. The coast is clear. Time to get a home equity loan to buy stock? I am thinking about buying Facebook stock on day 1. LOL! when Google went public.. dutch auction.. the blind bid price was $137-140. It traded down and opened at $100 on the first day. Salesforce opened at $17 and went down to $11... Now dont go getting a heart attack...

4. American in Japan Follow Befriend (28) 149 threads 1,398 comments

   4   10:08pm Tue 7 Feb 2012   Share   Quote   Permalink   Like   Dislike   Good time to short IPOs at the open then?

5. clambo Follow Befriend (5) 1,070 comments Santa Cruz, CA

   5   10:15pm Tue 7 Feb 2012   Share   Quote   Permalink   Like   Dislike (1)   It's fine to be in stocks, but getting a home equity loan to do it magnifies your risk. I didn't think you can buy Facebook on day 1 anyway. But if you could, it might be a good idea.

6. Monkeyswing Follow Befriend 3 threads 52 comments Las Vegas, NV

   6   11:09pm Tue 7 Feb 2012   Share   Quote   Permalink   Like   Dislike   The coast is clear??? Hahahahaha

7. tdeloco Follow Befriend (2) 11 threads 218 comments San Jose, CA

   7   11:36pm Tue 7 Feb 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   Hey you guys, gambling with your home equity a little too risky. Here's one way to raise capital, you should sell puts. You can then use the money to buy stocks. Since stocks will keep going up, just like 2006 home prices, they will expire worthless. Don't worry, 80% of puts and calls expire worthless. I promise to buy, so please sell some puts. Bwahahahahaha!

8. grinderman Follow Befriend 2 threads 43 comments Berkeley, CA

   8   12:57am Wed 8 Feb 2012   Share   Quote   Permalink   Like   Dislike   xenogear3 says The stock market seems up every day. The coast is clear. Time to get a home equity loan to buy stock? I am thinking about buying Facebook stock on day 1 I have some Tulips at a good price or may I interest you in my new South Sea Company ? When I went to school in Ireland we had a class called business organisation . It basically covered finance , banking and how companies run and what not . The one golden rule that we were taught was to 'never borrow to invest , only invest what you could afford to lose ' Facebook is just one very big data mining operation . It makes nothing , it sells nothing . It has no assets . People go on about its advertising , yet when I sign in to Facebook I see very little advertising and definitly nothing I would be interested in . With Facebook I would buy and hope that the price shoots through the roof early and then sell . However I have no ontention of buying Facebook stock .

9. Truthplease Follow Befriend (1) 12 threads 287 comments

   9   5:43am Wed 8 Feb 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   I have a feeling Facebook may feel some pressure once they have public stock and shareholders to answer to. This may be the demise of the site. There are some things that Facebook really needs to be careful about. They need to manage their image and the use of people’s private information. It just takes one bad incident and people will leave Facebook just like they left Netflix. They also need to watch the advertisement section. People won’t tolerate too many advertisements to use that service. I say you have at least one opportunity in there to wait for a major calamaty after the stock is public. This would plunge the stock and allow you to buy low if you believe the sight has staying power. I think Facebook has all the potential to go bust because it doesn’t really produce anything. That leaves an opening for the next great social media site to spring up. I left MySpace without a second thought when Facebook came around. I would do the same to Facebook if they become too much of a pain in the ass.

10. xenogear3 Follow Befriend 10 threads 419 comments

    10   7:24am Wed 8 Feb 2012   Share   Quote   Permalink   Like   Dislike (1)   I think Facebook has all the potential because it doesn’t really produce anything. less employees -> less reliability

11. zzyzzx Follow Befriend (9) 414 threads 4,124 comments Baltimore, MD

    11   8:00am Wed 8 Feb 2012   Share   Quote   Permalink   Like   Dislike   The time to buy stocks was late last year. At these levels I rate the entire market as a hold. Disclosure: I did buy a bunch of stocks late last year when they were much cheaper, so I can't stomach the prices I see today even on recent acquisitions.

12. T Follow Befriend 28 comments

    12   9:30am Wed 8 Feb 2012   Share   Quote   Permalink   Like (2)   Dislike (1)   Buy on the rumor, sell on the news. I think it might be a little late in the game.

13. thomas.wong1986 Follow Befriend 16 threads 4,426 comments

    13   2:31pm Wed 8 Feb 2012   Share   Quote   Permalink   Like   Dislike   Intuit ..software company that is as boring as your tyical accountant type, very much ignored , and cannot be hyped like Facebook is doing just fine...ready for another split 2:1 maybe ??

14. Vicente Follow Befriend (8) 203 threads 4,407 comments Davis, CA

    14   3:18pm Wed 8 Feb 2012   Share   Quote   Permalink   Like (4)   Dislike   grinderman says When I went to school in Ireland we had a class called business organisation . It basically covered finance , banking and how companies run and what not . The one golden rule that we were taught was to 'never borrow to invest , only invest what you could afford to lose ' Most of "high finance" is the finely-tuned game of gambling with Other Peoples Money. Financiers got bonus not debtor's prison, your teaching is sadly outdated.

15. dublin hillz Follow Befriend 10 threads 767 comments Dublin, CA

    15   3:47pm Wed 8 Feb 2012   Share   Quote   Permalink   Like   Dislike   At this point, it should be fine to invest in a diversified mutual fund and surround it with a couple of solid dividend payers like T or VZ for safety. I would not go all in though, I would have enough left over to dollar cost average in the rest over the next couple of years.

16. FaithInHim Follow Befriend 3 threads 38 comments

    16   12:02pm Thu 9 Feb 2012   Share   Quote   Permalink   Like (2)   Dislike (1)   E-man says Thanks for the indicator. I will sell some stocks tomorrow. Cheers. :) LOL!

17. xenogear3 Follow Befriend 10 threads 419 comments

    17   5:35pm Thu 9 Feb 2012   Share   Quote   Permalink   Like   Dislike (1)   E-man says Thanks for the indicator. I will sell some stocks tomorrow. Cheers. :) Learn from your victory. Prosper from your failure. You just missed the big rally yesterday and today. I don't see how people can loss money in stock market. Up every day ! Friday is always up big recently. Can hardly wait.

18. thunderlips11 Follow Befriend (13) 51 threads 2,632 comments Premium

    18   5:40pm Fri 10 Feb 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   Protected   Stocks were meant to be sold, so sell them! :)

19. RentingForHalfTheCost Follow Befriend (8) 38 threads 2,004 comments Pleasanton, CA Premium

    19   5:50pm Fri 10 Feb 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   I find facebook to be a good way to keep in touch with people from all times of my life. However, that is all it is for me. No actual money comes from me to facebook and I am sure I am not alone here. How they can be valued at 1Billion amazes me, let alone the crazy 80-100B My advice, in honesty, is sell you home and take the equity and buy some good old American dividend companies (GE, JNJ, T, KO, PG, etc.) They will grow much faster than your house will these next 5-10 years. Although, I don't think you wanted a real answer here.

20. SFace Follow Befriend (2) 61 threads 1,301 comments Premium

    20   8:43pm Wed 22 Feb 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   This is interesting time. 20% since October, 9% since Jan 1st. Volume is weak, last up leg looks weak. Overbought indicators for too many equities. From that perspective, there is a pretty good chance of a 5% retrace. The upside is too limited for now. The biggest winner (like Netflix) may be good short candidates. *investment advice but please do your own due diligence.

21. JodyChunder Follow Befriend (3) 16 threads 1,371 comments Victorville, CA Premium

    21   11:48pm Wed 22 Feb 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   Protected   xenogear3 says The stock market seems up every day. The coast is clear. grreat to rope a dope!

22. Mick Russom Follow Befriend (2) 7 threads 530 comments Belmont, CA

    22   12:19am Thu 23 Feb 2012   Share   Quote   Permalink   Like   Dislike   Helloeeze says Sounds like a bad idea to borrow money. Too risky. You need to do stocks slow and steady. Save money each year and after 20 years you will have something. depends on what year the 20th is.