I'm thinking about taking it up a notch the ford shirts and memorabilia aren't enough, want to buy 250 bucks in stocks. any opinions any fellow members who own ford stocks, also what kind of dividends do they give out every period, any help appreciated first time buyer of stock:shrug:.
buying stock in ford
- Thread starter blksnakebite97
- Start date
My advice would be to stay out of the stock market till we see the low. The next quarter is going to be brutal on the auto companies.
i dont see Ford or GM's stocks ever coming back to become profitable.
2003 Silver
Banned
The same was said about Chrysler a few decades back...albeit, they are suffering too.
SVTContique
New Member
DO NOT BUY IN FORD.
Also dont buy into telecom's right now. Buy into energy and Financials along with some Materials ( ie, Oil companies, Banks and insurance companies, and gold)
Also dont buy into telecom's right now. Buy into energy and Financials along with some Materials ( ie, Oil companies, Banks and insurance companies, and gold)
I was thinking about some Ford stock also.
But, I also considered buying bank stock since a considerable amount of this bail-out money is bank related. But I've had others say not to invest in banks. I'm hearing different answers every time I ask.
SVTContique
New Member
There are much better ways to invest.
Last Friday Ford stock closed at $1.99 a share. Within a few moments of the market opening on the following Monday, it shot up to $2.50 and has slowly been dropping since. I saw this coming but was not in a financial position to gamble. Actually, I am not even in a position to buy and sell stock.
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If I were planning on "gambling" or investing right now I'd go with a more promising long term investment that is low.
Buy low sell high. Ford will not go bankrupt. When they come back a couple years down the road you will be kicking yourself in the a$$ for not buying the stock at a bargain price. I see Ford stock as an easy moneymaker. I have a lot of it though and am willing to wait it out as long as it takes.
I bought $500 in Ford Stock after 9/11 thinking the stock had tanked as far as it was going to. I bought at $24. 3 years later I got a check from Ameritrade for $24.
Lessons:
Don't buy stock with money you can't afford to lose
Either learn how to trade like the big boys or sit on your purchases for the long haul.
Ford stock is in the tank and cheap, but I see nothing that leads me to believe that the management knows how to survive this any better than the others. If I were looking to buy stock in automotive (again for the long term) I would evaluate who is at the head of the class with alternative fuels, hybrid technology, etc.
Lessons:
Don't buy stock with money you can't afford to lose
Either learn how to trade like the big boys or sit on your purchases for the long haul.
Ford stock is in the tank and cheap, but I see nothing that leads me to believe that the management knows how to survive this any better than the others. If I were looking to buy stock in automotive (again for the long term) I would evaluate who is at the head of the class with alternative fuels, hybrid technology, etc.
I own Ford, and my $.02 is that they will be the only domestic automotive company to survive without the government stepping in. I own it under $2/share.
On the other hand, all my other stocks are energy and commodity related. Trust me when I say that these stocks will go up as our cash money becomes worth less and less.
On the other hand, all my other stocks are energy and commodity related. Trust me when I say that these stocks will go up as our cash money becomes worth less and less.
$250 in ford won't get you very far. But looking into a bank would probably be much better. The federal gov't will look after them and make sure nothing happens.
LOL, I wouldn't take advice from you.
http://www.usnews.com/blogs/flowchart/2008/09/24/a-25-billion-lifeline-for-gm-ford-and-chrysler.html
Last Friday Ford stock closed at $1.99 a share. Within a few moments of the market opening on the following Monday, it shot up to $2.50 and has slowly been dropping since. I saw this coming but was not in a financial position to gamble. Actually, I am not even in a position to buy and sell stock.
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Exactly, these guys that are in here that "think" they know how to trade stocks need to stop giving advice. If i would of listen to most i wouldnt of saved myself 12% :kaboom:
I have Ford stock and it not paid any dividends for a couple of years. And I don't expect it will for several more. But I still keep buying some Ford stock as I'm assuming Ford will survive and if it does, the stock price today is good value.
Here's a general rule on any investing: never invest more than you can afford to lose.
Here's a general rule on any investing: never invest more than you can afford to lose.
NOooooooo! Like Travis said, I wouldn't buy any stock right now.
Yeah, I bought my shares of Ford stock right after 9/11. Sold it for a loss about a year ago.
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