Money/Investment Forum?

[Ruffdaddy]

sounds good. we can teach you how to help youself in learning when to use advice/advise

Pwn3d

[90GT50]

LMAO, solid advice

There's even an ask Dave Ramsey app, Jody told me he swears by it.

[Silverback]

Brent all we have to do is buy some really nice aged bourbon, and go to AL P's house, get him liquored up and he'll tell us all the money making secrets !

[01-GATOR]

I think it will be good, there's some knowledgeable people here.

[Chili]

I still see sub-forums though?

That wasn't for all sub forums, that was for the Money and Food subforums that were here in the back porch. The food forum was moved out as a main forum but the Money forum was done away with.

[MattB]

corner-carvers.com had an investing forums about ten years ago, and I think it even turned into a big pissing match after a year or so. It's gonna be full of dumbasses in no time IMO, just like we got the same "ME N MY GIRL GOING TO VEGAS NEXT WEEK WAT TO DO THEIR?????" every week in the back porch.

[slow99]

Giving advice on what to watch for, market trends, etc is one thing. I want to learn more about the how's and why's, not a bunch of 'cshd'.

I don't think discussion of the fundamentals of investing lends itself well to a message board environment. There's a lot to think about: macro, industry, company specific, individual asset allocation/portfolio technique, etc.

Thinking about the macroeconomic environment... what happens when the other factors of production (capital, technology in addition to labor) start flowing overseas to developing markets? What are the implications for domestic growth when the government spending multiplier is less than one? Why haven't we seen inflation... what's the relationship of potential gdp to current gdp (the output gap) and its consequences for inflation? At what stage are we in the business cycle, and why do companies see high operating leverage and huge growth coming out of a downturn? How are margins going to react going forward? Are you a top-down growth or bottom-up value believer? What happens as we move from a Quad IV to a Quad II economic scenario and why is deflation so damned nasty? (To the OP, fyi, we are not in a recession anymore.)

Company specific factors... I don't think I could sit here and relate to someone on a message board how to pro-forma out financial statements, project balance sheets, P&L's, and cash flow forward for X number of periods, think about a discounted cash flow model with the correct terminal value and weighted average cost of capital, etc. How should one think about the company... on a P/E, P/B, EV/sales metric and why? What's the justified ratio and how do risk, growth, business cost of capital, and the interest rate levels factor into their composition? Investors need to understand competitive advantages, demand metrics, inventory metrics, etc... channel-checking, book to bill, backlog, balance sheet, income ratios, and if the cash flow generation sufficient. How do you correctly use the market method to identify and evaluate an appropriate set of comps? One needs to understand the actual risk that's present when analyzing a company and perform scenario analysis to develop a bear price, base price, and bull price and entry/exit points.

Then on to individual factors... what's your stage in the investment cycle - accumulation, step-down, or retirement? Why is it a horrible idea to be paying off debt when you think we're going to enter an inflationary period, why the bank just reduced your cr card limit when you paid off the balance (asset/liability matching) and why are things like fixed annuities terrible ideas in the current environment? What's your human capital (the present value of your future earnings) in proportion to your financial capital and what are the characteristics of your earnings - fixed income like or equity like? The suitability of any investment depends on the individual and the individual's portfolio. That's why I cannot post up on a message board, "yes, that's a good investment," without knowing a shitload of details.

I just think there are too many things to think about. I answer tons of pm's on here and am happy to do so. Most of the time, it's just easier to talk on the phone. As long as it's not earnings season, I enjoy talking about these things and generally talk to someone within a couple days. As ruffdaddy mentioned, there's just a lot there, and a phone call lends itself better than posting back and forth.

[slow99]

Oh, and I'd like to add that stock price is not the sole determinant in whether or not a company is worth more than another, lol.

[Shorty]

How long did it take you to Google all that?

[slow99]

How long did it take you to Google all that?

Fuck, a shitload of time. Busted

[03mustangdude]

just invest in a penny stock nuff said

[Taylor]

dont invite denny, he will just shout " buy silver! buy silver!!!!!"

Never met the guy, but this statement had me lol'ing.

[Denny]

Start the forum up. I'll get the popcorn!

Just don't talk bad about the corrupt, manipulated markets. You don't want people to think you're an idiot or anything. Don't try to support your posts with anything supporting it, because it will just be deemed as nonsense.

Better yet, just allow a few select to initiate a thread and everyone else is allowed to respond with "X2" or "this."

[Silverback]

Start the forum up. I'll get the popcorn!

Just don't talk bad about the corrupt, manipulated markets. You don't want people to think you're an idiot or anything. Don't try to support your posts with anything supporting it, because it will just be deemed as nonsense.

Better yet, just allow a few select to initiate a thread and everyone else is allowed to respond with "X2" or "this."

x2

[talisman]

I don't see why we would need a special forum for it when there is maybe a thread a week containing subject matter that would fit into it.