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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Sunday, September 17, 2006

Invest in MA!

MA @ $65: This is one of the most successful ipo's this year. My goodness, wouldn't you want to own one of the most prolific brand names in the financial industry? I like Visa more but that company is private. Don't know what to buy in your 401k? Don't stuff it with tech stocks. Buy Mastercard. Buy buy buy, and then buy some more on any dips. Hey, American Express (AXP) and Wellsfargo (WFC) and Bank of America (BAC) and Citigroup (C) are all for you!! How can you not have any financial stocks in your 401k? Are you crazy? How can you invest in the stock market and not invest in financials?

1 Comments:

Anonymous Anonymous said...

I did some research, was convinced enough to buy last Mon 9/18 -58 shares at 11.08, as of today,s closing 9/19 it's still up to 11.50. Should I hold
or buy some more. I usually buy and hold. Please advise.

Tue Sep 19, 09:05:00 PM EDT  

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