My 2011 investment stratedgy

[Value Buy]

Staying in
Exxon
JPM
Nisource (for dividend yield)
Wag
JCI

Will add, some more physical silver,
thinking of buying some copper futures, but not sure which contracts, as of yet.
Any thoughts?

[Deleted]

I don't follow commodities so know very little about them. In general they tend to go up when the economy tanks or is taking off (I believe) or there is a shortage. For me, the only time I would buy something like that is: Everybody is dumping it & then there is a period of quiet where you don't hear about it.

My one venture into gold I lost 20% in 24 hours. My last venture into something "hot" (tech) I lost 40% in 3 months.

[bimetalaupt]

VB,
Yes.. At five active holding you are a bit too concentrated.. 20% if equal... I think 11 is the least number for risk control. You have to be sure that they all do not have the same driver.. Try to find equities that have a negative correlation.. as best you can and still keep very high quality holdings.

I think silver is better then gold as it is needed to replace lead.BTW.. Check out my handle.. I like Gold but it is overpriced.. Remember China is reducing its M1 & M2 growth with Tight money policy to fight inflation. The battle has just started.

Also WAG is interesting.. I bought mine at 11 in 1974 when I worked for them in Odessa,TX. Good firm and my manager became President about 20 years later. Also it is good to have cash for those times when you can make real good additions to your system. It was good to have a T-Bond ladder for cash to do shorts and write puts.. It worked well for years and the return was better then S&P.. It took a lot of study and time..

Just a thought,
Bi Metal Au Pt..

[Value Buy]

Jan 4, 2011 15:21:19 GMT -5 bimetalaupt said:

VB,
Yes.. At five active holding you are a bit too concentrated.. 20% if equal... I think 11 is the least number for risk control. You have to be sure that they all do not have the same driver.. Try to find equities that have a negative correlation.. as best you can and still keep very high quality holdings.

I think silver is better then gold as it is needed to replace lead.BTW.. Check out my handle.. I like Gold but it is overpriced.. Remember China is reducing its M1 & M2 growth with Tight money policy to fight inflation. The battle has just started.

Also WAG is interesting.. I bought mine at 11 in 1974 when I worked for them in Odessa,TX. Good firm and my manager became President about 20 years later. Also it is good to have cash for those times when you can make real good additions to your system. It was good to have a T-Bond ladder for cash to do shorts and write puts.. It worked well for years and the return was better then S&P.. It took a lot of study and time..

Just a thought,
Bi Metal Au Pt..

Thanks.
Got out of Cisco and Microsoft lst year. In for a couple of years, on both of them, and just did not make any money on them.
Still work full time, so commodities are hard to do..... if you are not monitoring all day to hit the button.
Just like your nic describes your style, mine does likewise, but my style has been "out of favor" for too many years, now.
Hopefully, we are seeing a return to value investing, for a few years.
Last year I did change style a little, and did some in and out purchase/sell on some of the banks and industrials, as they would bob up for a few straight days and then back down.

[Value Buy]

Stayed with my original core stocks, added J&J, Kellogg, GE, but never got into copper.

I have been creamed the last two weeks.

[usaone]

I'm buying more JPM.

[smackdown]

Exxon and JPM will be scapegoat targets, so you're throwing your money away. Silver buys you-- silver. Apples buy you-- lunch. Your logic is tragic.

[maui1]

because gold is down 50 today........i will bet (frank's life) the dow will be up 750 by day's end

really....dow up 750 today!

[maui1]

long term, metals will hold value.........and silver did not take the large move up as gold did, and is not moving down as much as gold is today.

watch gold unwind a bit, then buy silver for the long term, as one of your investment vehicles.

[smackdown]

The "trillions" in cuts exponentially destroy the rest of the economy. A "strong dollar" destroys the markets. People are standing in line to buy and sell gold because have NO FAITH in the US Dollar.

You continuously DON'T GET IT. Either we jettison all the hired-in management in big corporations and rehire the nation's unemployed or what's left of the nation collapses in any one or more of SEVERAL ways it has destabilized. Your industry died a long time ago. Knee jerk days like these with 500 point swings are dooming us and you know it. If we had stability, big other people's money investors wouldn't be trying so hard to keep the "number", they would be letting it fall and settle and THEN go bargain hunting. What we have here is FEAR.