January 28, 2009
Unemployment is through the roof and the market is…up?
Yeah, you read that right. It’s not a typo.
WALL STREET IS ON FIRE THIS MORNING!
Third straight positive session but we’ll see what happens toward closing time when things can get a little hectic and very bizarre. But, all in all, it’s up and looks to be having a damn fine week so far.
Then again, Thursday and Friday are still up on the schedule so you never know.
Point is, shouldn’t the market be TANKING REALLY REALLY BAD RIGHT NOW?
It should, but it’s not.
Of course it’s not.
Why, if it was tanking, that would just be a little too obvious and easy for investors now wouldn’t it?
So guess what: today I officially begin my investing/finance blog here:
And you know what? I don’t give a crap if I don’t credible resources to prove I know what I’m talking about because guess what?
THE EXPERTS DON’T EVEN KNOW WHAT THEY’RE TALKING ABOUT!
I may not be some licensed, certified, investment guru trader extraordinaire or whatever they may call themselves but I do know this: since the last week of December and beginning of January, I’ve purchased a few thousand bucks worth of stocks…
THEY’VE ALL GONE UP
Did you get that?
THEY’VE ALL GONE UP
That’s right. Up. Up. UP!
Remember that little line from Warren Buffett I referenced in my STOP BEING SCARED blog a week back?
“Be fearful when others are greedy and greedy when others are fearful.” -Warren Buffett
Well, that’s what I went out and did.
I got greedy.
I got greedy when the rest of you were shaking in your boots, shitting in your pants and scared as hell.
Not that I blame you or anything. I felt the same way. I still kind of do. But, I like doing something about it, not letting my fear do something to me.
So here’s my advice:
BUY!
Buy what?
Buy crap. Buy things. Buy stuff.
But…what if we’re broke?
FIND MONEY!
Be a beggar for a day. Work as a nanny. Tutor. Do whatever it takes to make a little dough and then…
BUY STOCKS!
Stocks?
Damn right!
STOCKS STOCKS STOCKS
But isn’t the market terrible right now?
You’re damn skippy, it is. That’s why now’s the time to jump in and have a little fun. Because…
…it’s starting to move up!
So…which ones should you buy, you ask?
I will give you 3 that I think are no-brainers:
3. MICROSOFT
Yes, the recession hit this company and they had to lay people off (5000 people) for the first time in their corporation’s history however, IT’S STILL MICROSOFT. Guess which company won’t be going bankrupt any time soon? Microsoft. Guess what company will be releasing its brand new Windows 7 this year? Microsoft. Guess what company’s stock is SUPER CHEAP ($18) right now and NEEDS to be bought? Microsoft.
2. BAIDU
Guess what country has the most internet users in the world? U.S.A.? Nope. China. By a long shot. Baidu is basically the Google of China although Google is trying to compete with them and take over their market. Probably won’t happen because Baidu was first and seems to be the people’s choice. Think China will be decreasing in population anytime soon? Exactly. Buy BAIDU.
1. ACTIVISION BLIZZARD
My number one choice is this well known video game designer. This company’s ready to BLOW UP. I mean, it already has or did for a number of years and is a good company with good financial numbers but check out this product list: Guitar Hero, Call of Duty, Diablo, Crash Bandicoot, and World of Warcraft, the highest selling online game in the world. Their earnings report for the last quarter is on Febuary 11th. Hopefully I’m right.
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