FinanceDude
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Aug 3, 2006
- Messages
- 12,483
AirJordan said:Nords, thanks for the well thought out reply! I do post on fund alarm a bit, and have started to post here but I found them a bit friendlier. I.e. when I poster my portfolio here it got ripped apart while everyone at Fund Alarm loved it, all I have to say is proof is in the pudding as am handily beating the EFA and SPX to the tune of 20% over the past 7 months, when I started.
But from your post I get the feeling like stocks just aren't worth it, and I should stick to my trust buy and hold funds. To put this in perspective, I've got 100k between Vanguard and Firstrade, and 2k to gamble, either poker, or RUTH, and I was just curious what you thought about this individual stock, since I'm obviously too lazy to do the work myself. I just fired up M star today and saw it as one of their small growth picks, and I thought it might be fun to add a little spice to my portfolio. Indexing/ active management isn't sexy, but it's certainly the way to get rich, what I wanted was a fun way to treat myself, and add some spice.
In the end, it's your money, and you can do what you want. I gave your my opinion, which you obviously missed............I'm not a fan right now of Red Lobster, Applebees, Ruth's or anyone else now. Cheesecake Factory was a good play awhile back but their price is a little frothy for me...........
If we have a correction/ little recession, one of the FIRST things people dial back on is going out to eat.............Ruth's is hardly a recession-proof business.........
As far as so and so saying this is their "growth pick of the year" or whatever, I usually run away from such advice...........