Friday, July 11, 2008 3:00 PM
Spinout, ask all the people that invested in Apple in the 90s that same question.
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Friday, July 11, 2008 5:00 PM

Investing should be a long-term exercise, not a daily one.

Yep. Every month 15% of my salary gets plowed into my 403b, in index funds. I don't even open the quarterly statements. Every few years, I rebalance---I like the "Couch Potato Portfolio" from the book "The Lazy Person's Guide to Investing".

It literally takes me a half hour or hour per year, and it outperforms most other mutual funds---often by a lot. I don't have the inclination to spend a bunch of time following a bunch of other companies.

Though, I do admit, at the current price, I like the idea of FUN as an income stock.

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Monday, July 14, 2008 10:39 AM
I know this is about CF stock, but it just came to my attention tht SF stock has dropped down to $0.78.

I think this spells the end to SF. *** Edited 7/14/2008 3:28:39 PM UTC by Parker17***

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Monday, July 14, 2008 10:45 AM
And the share to soft drink ratio (S/SD) climbs above four. Just think, you can get a share of SIX for less than the price of a two hour, obligatory locker rental. In fact, if you stuck a Six Flags stock certificate in one of those lockers for two hours, by the time you came back it would probably have already depreciated.
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Monday, July 14, 2008 12:20 PM
Parker17: You don't know what you're talking about. A low stock price doesn't mean the company suddenly disappears.
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Monday, July 14, 2008 1:50 PM
CF: 16.69 a share/unit FUN
SF: .81 a share/unit SIX
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Monday, July 14, 2008 3:28 PM
Those numbers are not helpful out of context with the rest of the market. SIX is down 11%, which is bad, but FUN is about inline with NASDAQ and the Dow.
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Monday, July 14, 2008 6:32 PM
Brian Noble has it right! You aren't a Boglehead too by any chance are you? I seriously love that forum. It has to have some of the most caring and helpful people online.

Investing in individual stocks is a loser's game for the little guy because you end up paying a high cost in commissions. And most active mutual fund managers fail to beat their appropriate benchmark over the long term. They effectively millionaires out of people that could have been multi-millionaires on their own. I forget who said that, but the whole mutual fund industry and Wall Street is shady and people can do better for themselves if they just tune out the noise and follow the teachings of Vanguard founder John C. Bogle.

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Monday, July 14, 2008 9:18 PM
I'm not a Boglehead, but my 403b is in Vanguard index funds---low costs!
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Friday, July 18, 2008 12:29 PM
CF stock seems to be back on the rise. It is now at $18.11, when it was just in the $16 range the other day.
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Friday, July 18, 2008 10:48 PM
Wow, Google, Microsoft and Apple took a beating today. What's up with that?
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Friday, July 18, 2008 11:48 PM
NASD got hammered. I'm guessing halo effect.
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Saturday, July 19, 2008 12:33 AM
^^ Their earnings reports were all below forecasts.
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