Everybody makes a big deal about Intel and all the other big U.S. companies like HPQ,PG,KO, etc., etc., etc.
Don't own any of them and never will. They make great conversation and give insite into the economy but they are lousy investments.
I invest to make money. These issues are over owned and over hyped. They are not growing at any reasonable clip and will never be good long-term holdings. Would much rather invest in smaller issues with destructive technologies or in larger companies located outside the U.S. where populations and economies are growing. The U.S. companies are in a country becoming more like Europe and where a lack of population growth will not propel the economy and therefore stock gains. They are stocks for the masses and masses don't really make any money.
Like I was saying yesterday when I first posted this tread. Intel, like all the other big U.S. stocks are nothing more than trading vehicles whereby the big boys on Wall Street can legally take the money of the little guys.
I said this PIG was going nowhere and I've been proving right. Move your money to stocks not in the S&P 500 and larger firms based outside the U.S. if like me your an investor not a trader. Your playing a losing hand "investing" in stocks like INTC.
I beg to differ.
There is no investing involved here.
It's just about trading.
Which sectors did the best since
March 9, 2009:
gaming, CAR, some techs, some consumer, coffee, housing and
GOLD bottomed in December 2008.
Nobody cares about GOLD???
Don't discount trading
GOLD as a currency
instead of holding US$.
Now it's pretty tricky:
US$ vs. GOLD.
They can't raise rates,
but they can't lower them
At present everything seems too high - based on charts.
Dude.. I saw the CHART on your AIXG... and from what I saw... your wanting other people to buy in at the TOP OF THE CYCLE????
Yea... it might have been great if you got in about a year ago... but to BUY AT THE TOP????
I think I can make money elsewhere...
Be Blessed Investors