Would You Buy Stock In...

Rather than buy stock I prefer to go to Vegas or Atlantic City and lose my money honestly.

 

Pete

No.  Not even if they paid a dividend.  Owning individual stocks (been there, done that, don't anymore) is too much of a hassle.

 

Rusty

I do look at the bigger picture beyond simply the price of the stock.  Among other things, I look at P/E ratio (share price divided by earnings per share).  A high P/E ratio relative to other similar companies is usually a negative indicator.  I also look at dividend yield and how consistent the dividend history has been.  I try to consider whether the company is affected by downturns in the economy (like model train companies) and if so, how much.  I try to stay away from IPOs which is what MTH, Lionel, etc would be.  Mainly this is because they have yet to establish track records as publicly held companies and for them, the rules are different than when they were private.

I'm with Texas Pete. I'd rather go to Vegas and at least have fun losing my money. Toy train companies are way too sensitive to changing market conditions and economies.

I'd short sale all of them ....

Not on your dollar. It seems the stock market is not set up for small investors. As for Vegas and AC, they are for Suckers who like to loose money fast.

Fast, but honest. Unlike the stock market, where suckers just get ripped off.

 

Pete

Your so right Pete! The stock market is not for the small investor anymore.

Not a chance...  Then again, I wouldn't buy any stock anymore.  Too much of a PITA, you have to watch them more than your kids.

If you are participating in a retirement plan at work, then you are likely already buying and selling stocks through the mutual funds you select.  If you aren't saving for retirement (and aren't retired ) then you might want to reconsider starting.

 

As for other ways to get in, there is something called a "drip" account that will take even a small amount of money, say $25, from your checking account and put in in a mutual fund.  It is a good alternative to those on a tight budget.

I try to stay away from IPOs which is what MTH, Lionel, etc would be.  Mainly this is because they have yet to establish track records as publicly held companies and for them, the rules are different than when they were private.

 

 +1   It would be a risk I would rather not venture into at this time.

Over watching your portfolio is more detrimental than not watching it at all.  If your reasons for picking an investment are sound, you don't need to rebalance your portfolio that often.  Churning the account doesn't help you but does generate lots of commissions for your broker. 

MTH yes,  Lionel and Atlas no.  Mike Wolf is doing a much better job of keeping MTH going and growing as a business than either of the other, who seem to be very satisfied with their current niche.  I would also buy stock in Sunset but not Weaver for exactly the same reasons.

 

And I am doing just fine managing my own stock portfolio with Motley Fools support thank you very much.

 

I bought Tesla Motors as an IPO at $15 and now it is around $29 in less than a year.   You have to believe in the business and the people running it to take the chance.

 

Richard

I'd buy Lionel's debt/bonds if they issued them. 

No. Don't approve of gambling anyway.

I would buy MTH before I would buy Lionel, but I don't buy stocks anymore, no money. I just have money for York. Now that's a good investment.

Would MTH accept payment in Euros?