"Change your thoughts and you change your world." |
Since I'm already letting the oil companies digg through my wallet at the pumps, why not just go full swing and buy some of their stock? I might as well, it's my only chance at recouping the cost to fill up my tank. Gas buddy helps but the overall price is still high.
Jim Cramer does it again, this man is a power house in the Market. Last night during his show he gave out a strong recommendation to buy Saks Fifth Avenue (SKS) and low and behold, the stock jumped 6% in the after hours. A big Ba-Ba-BoooooooYaaaaaaah Jim!!! What I need to do is sit at my computer while watching his show, and execute trades immediately after his recommendations.
Follow-Up: Saks Fifth Avenue closed the day out at 4.27%.
My roomate Nate came back this afternoon from running errands with a copy of "Real Money" by Jim Cramer, you know the crazy Wall Street guy on MSN who has the hit show Mad Money. During the show he screams a lot, hits weird sound clips and give hugs to the audience, but he also gives great advise on investing, almost like an educator. Just the other night on his show he recommended ZGEN and the next morning it jumped 12%, Booooohyaaaaaah Jim.
Anyways, before Nate could read his book I opened it up and plunged in the chapter on Investment Basics and after reading about 8 pages of it I was convinced (and realized) that I need to change my balance in investments to fit something more my age. He makes a lot of sense in saying that it's important to contribute to your retirement, even during hard times. But he also says that you should balance the boring (usually low risk, row return) rewards from retirement investing by investing with more 'aggressive' stance, sometimes speculative.
Could their stock price actually reach $600? Something about the price seems artificial to me, not that I think is Google is overrated but rather the hype from the Street behind the price driving.
