what to invest with 10k

[ownyourfuture]

Quote:

Originally Posted by COcheesehead The P/E on Amazon is 187 The P/E on Alphabet (the old Google) is 29. What happened to the sage advice of buy low, sell high?

I stand by my choices. Buying low can turn into a value trap.
I don't own either of these 2 directly, but the OP said this was 'fun money'

I'll post the closing prices from yesterday: July 29th 2016
AMZN: $758.81
GOOG: $768.79

Hopefully we'll all be around 5-10-15-20 years or more from now & we can look back & see if I was right or wrong

[hesperus]

Quote:

Originally Posted by clobber This makes no sense at all. "Hey dude, gambling in the stock market is BAD. Gambling in Vegas is better!" I suggest finding a company you like, doing some research. Pick one company and go for it. Sure - decent chance of losing the money, but with the research I would say reasonable chance of home run. Go to Vegas you lose for sure!

No, it makes perfect sense. He's more likely to double his money by putting it all on black at the roulette wheel than he is to pick a stock that will double in a year.

[COcheesehead]

LOL. One post defines a home run as a 1 year return. The other hedges at 5-10-15-20 years. I wonder what the OP thinks is a home run?

[ownyourfuture]

Quote:

Originally Posted by COcheesehead Whole Foods. Just got a beat down.

WFM split 2-1 on May 30, 2013
It went on to reach it's all time high of 65$ in late 2013.
Now it's less than 1/2 that.
Value trap IMO

[ownyourfuture]

Quote:

Originally Posted by COcheesehead LOL. One post defines a home run as a 1 year return. The other hedges at 5-10-15-20 years. I wonder what the OP thinks is a home run?

The OP never mentioned a timeframe.
Would it be better if I included a 1 & 3 year 'hedge' as well ?

[clobber]

Quote:

Originally Posted by hesperus No, it makes perfect sense. He's more likely to double his money by putting it all on black at the roulette wheel than he is to pick a stock that will double in a year.

And if he wants to put in $10k and have $1M in 10 years? Or more? Good luck with that roulette wheel.

[hesperus]

Quote:

Originally Posted by clobber And if he wants to put in $10k and have $1M in 10 years? Or more? Good luck with that roulette wheel.

and good luck with your stock picks turning 10K into 1M

[clobber]

Quote:

Originally Posted by hesperus and good luck with your stock picks turning 10K into 1M

Ha! Touche

[ER_Hopeful]

Quote:

Originally Posted by COcheesehead LOL. One post defines a home run as a 1 year return. The other hedges at 5-10-15-20 years. I wonder what the OP thinks is a home run?

My timeframe will be 5-10 years.

[LiveBelowMeans]

Check out RDN. Almost went bankrupt during housing crisis. Now making very good money and stock price has dropped over last 6 months. Looking for $18/share in next year. Jmho.

[clobber]

Quote:

Originally Posted by ER_Hopeful My timeframe will be 5-10 years.

I have a similar 10k and similar timeframe. One that I have been thinking about is Tesla. I would think you'll either lose it or do very well. Disclaimer: I am not an financial adviser nor do I own that stock.

What got me thinking about this was a visit to a Tesla store. Inside they had the basic frame without the cover. What struck me is how very simple that car actually is. You can see an example here. Basically a bit of steering in the front, an electric motor in the back, and some batteries in the middle. The motor looks like one of the little ones I played with as a kid.

Now - I'm not a car guy at all, but where are all those things I don't understand when I look under my car's hood? Pistons, spark plugs, fuel injectors, timing belts, etc. You know - all the things that break and need maintenance and all that. I was impressed.

Of course, that has no bearing on how the company and their stock will fare.