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SL Industries Inc. Message Board

  • algo41 algo41 Apr 15, 2013 10:02 AM Flag

    practical stock investing

    Steve, if you look title up as one word, you get to web site of a retired portfolio manager. I don't read him for specific stocks, but he is really smart and knowledgeable without being arrogant. If he gets enough followers, he might then start to charge, but not now.

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    • Thanks Algo, looks like an interesting site. Today's article on gold is quite timely of course. I have never been a gold bug. If you time it right, you can make some money, but it seems more like gambling than investing. If the world goes to h, I am not sure having a hundred ounces of gold will make your life that much better. Where do you store it safely? If you have it in the GLD ETF, you can't really get to it when you need it. For what it's worth, I see no reason why gold can't go back to below $1,000 in a month or two, but I haven't put my money where my mouth is.

      I put the Practical Stock Investing site in my list of weekly reads. A couple of similar sites you might look at are zero hedge (one word), financial sense (one word), Barry Ritholtz's site (ritholtz). Bespoke Investment Group (bespokeinvest) gives you free access to teasers for their articles, but you can still get an idea what they are talking about without subscribing. These guys are all good, and they are all correct at one time or another. As usual, our job is to figure out which one is correct right now. Good luck.

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