I hate to think about stocks and coins but......

ambro51 · June 2, 2009 9:45AM

Hindsight is Gods mean trick on mankind.

Ford has went from 1.01 on Nov. 8 to over 6 now.

So if you had sold off your coin collection for 100K early last november.....and put it into FORD stock, you would have over 600K now. Even taking into account cap gains taxes, a lot of cash would be available.....Geez it would be so much fun to be set loose in this coin market . You could buy all you same coins back for 80K and have all the rest of that cash to play with.

ughhhhhhhhhh

TwoSides2aCoin · June 2, 2009 9:50AM

Think divestiture. It's safer than all the eggs in one basketcase.

ambro51 · June 2, 2009 9:51AM

Hindsight has no logic. It only shows a path that COULD have been taken that was not.

devious · June 2, 2009 9:57AM

i think we need wayne dwyer here to consult with on those "could haves"

BECOKA · June 2, 2009 10:01AM

Coulda, Woulda, Shoulda.

TwoSides2aCoin · June 2, 2009 10:02AM

Hindsight is my conscience telling me that myforesight was perfect but that my insight blinded me with fear.

That's how my simple mind sees it

droopyd · June 2, 2009 10:04AM

You coulda put it in GM instead -- and GM seemed the better buy at the time.

rbf · June 2, 2009 10:06AM

For the most part, my stock investments (both LONG and SHORT) have ruined me. Perhaps it's because the coin market's moves tend to be much more logical than those of the stock market?? I don't know. In any case, I seem to be much savvier when it comes to coin investing. Unlike that Chinese solar energy stock (among others) that I swore would have me swimming in wealth, my idea to buy those 100 rolls of '08 Sacagawea dollars from the Mint last year sure turned out to be a winner... tripled my money from $3,500 to $10,000, almost effortlessly! My only regret is that I didn't buy more of them... I would have loved to, but unfortunately, I had most of my money tied up in those loser stocks at the time

ambro51 · June 2, 2009 10:29AM

Krrraaaazzzzyyy stuff, that market.

not a player any longer but there is a part of me that longs for that sweet feeling of making 17 thousand dollars in one day.

ChrisRx · June 2, 2009 10:30AM

Thats the same thinking as "I could have sold everything I own and bet it on RED 22"

tradedollarnut · June 2, 2009 10:35AM

After the crash, there were plenty of great stocks selling for way too cheap - stocks that had no business being that low. While making 6 times your money on Ford would be fantastic, I just think that's way too much risk. There were other companies with superb balance sheets selling for less than book value - that have now doubled in a couple of months. Limited downside with 100%+ short term upside is more my style!

The secret was telling them from the ones that were destined to go broke - or ones that carried too much risk of the same.

Peaceman · June 2, 2009 10:46AM

Put 100G into Ford stock... lol... if you were thinking of actually doing that, your risk tolerance is through the roof and maybe a GA meeting is in order...

Trying to make 17G in one day... yea.. you have it bad...

OPA · June 2, 2009 10:49AM

<< <i>Hindsight is Gods mean trick on mankind.

Ford has went from 1.01 on Nov. 8 to over 6 now.

So if you had sold off your coin collection for 100K early last november.....and put it into FORD stock, you would have over 600K now. Even taking into account cap gains taxes, a lot of cash would be available.....Geez it would be so much fun to be set loose in this coin market . You could buy all you same coins back for 80K and have all the rest of that cash to play with.

ughhhhhhhhhh >>

bought at $1.58 .... sold ( to soon ) @ $5.60

tradedollarnut · June 2, 2009 10:49AM

I seriously considered putting 5% of my portfolio into gambling stocks. They've gone up an average of 4 or 5 times their lows in the past few months. Even when they were losing money, they still had positive cashflow due to depreciation.

Rob85635 · June 2, 2009 11:02AM

<< <i>You coulda put it in GM instead -- and GM seemed the better buy at the time. >>

I was looking at both GM and Ford and putting some money in both. This was when it was announced Ford was not going to accept any "bail out" funds. I decided not to invest in either and I am kicking myself for not buying Ford when it was just over $1.00. I did tell my mother, who already trades, to buy some Ford but she was so upset about the market in total she was just waiting everything out.

BlindedByEgo · June 2, 2009 11:20AM

I'm pissed 'cause I bought on the way down, at $2.

DuPapa · June 2, 2009 11:21AM

I'll take this opportunity to do a little chest thumping.

After selling all my stocks on 10/01/08 and being a Michigander I had been watching local companies a decided to invest in them. So upon my re-entry to the market my first 2 buys were both Michigans companies. Ford and Borders Group Inc.

Bought a lot of F at $1.41 on 11/21/08 ... + 354.61%

I didn't buy as much but have done better Percentage wise with BGP (Borders Group Inc ie. Borders Books) on 2/18/09 at $.53 ... + 486.79%

BHP on 02/10/09 at $41.86 ... + 18.22 %

IBM on 02/10/09 at $93.27 ... + 14.54%

GE on 03/05/09 at $6.7599 ... + 104.15 %

ALL (All State) on 03/15/09 at $18.16 .. + 45.11 %

At this point in time the wife is real happy with me.

GoldenEyeNumismatics · June 2, 2009 12:07PM

Or you could have bought Fannie at 30 cents and sold a week later at a dollar.

Of course, in hindsight, everything is much clearer. However, who is going to put all their eggs in one basket in times as uncertain as these?

DIMEMAN · June 3, 2009 12:34PM

I would much rather have my money in coins than stocks. If the coins go way down...you still have the coins. If stocks go down to nothing....you've got nothing but paper saying you have nothing.

I hate to think about stocks and coins but......

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