I have 82,000 cash. What would you do?

Discussion in 'Ask An Owner Operator' started by ethos, Mar 27, 2013.

  1. Oscar the KW

    Oscar the KW Going Tarpless

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    I wouldn't invest in gold now, if the rest of your post is true, the economy could take a wild swing on the up, and then what will happen to the price of gold? You got it, it will go down, just like it always does when the economy trends upwards.
     
    ramblingman and SheepDog Thank this.
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  3. dog-c

    dog-c Road Train Member

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    do what 30 aught 6 says, and put a good 40k in a index fund that generates 5-8%percent return and compound it. Say you put 40k in, you would get a return of $3200 per year for doing nothing. The power of compounding is the foundation to wealth
     
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  4. dog-c

    dog-c Road Train Member

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    Or you could take 40k and go on margin and double your money, and buy verizon stock, and get a dividend payout of .55cents per share
    (1,777 shares x.55cps =$977 per 3 months and make $3,911 per year plus any gains in capital from the stock)
     
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  5. 30-aught-6

    30-aught-6 Light Load Member

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    I agree to disagree,Heres the only problem with your Point of View the US GOVERNMENT can and will inflate the price of the U.S. Dollar anytime it gets ready,which means that bag of chips you bought for $1.00 is now $1.25 for what?what reason,is there a shortage in the potatoes with the farmers did they have a bad harvest due to bad weather? No,is the price of fuel high so the price at the store goes up? No,Did you get anymore of a FSC because of this?no? So why inflate the dollar?? Hmmm ugh i dont know maybe because they can,because they want to and will do.

    I follow this hard,even tho im a O/O its a part time love intrest i have lol
    The economy is getting better,but we are not out the hole yet,

    The market needs to correct itself,once oil finds its new home,meaning PRICE,then everything else will fall in place
    Opec is trying put the FRACKING companys out of business,once that happens,if it happens,then oil will go back up but not by much,but gas will rise a bit even tho oil is low,because of the different additives they add to the oil to make the gas,Thats where the money is the different blends

    No matter what GOLD will hold its value,only hit it can take is if the dollar falls,DRASTICALLY and the Us Government wont let that happen,to much money comes in on the FOREX,over 4 trillion dollars daily,if i told you how i got the money to buy my truck you wouldnt believe me, lol,and they say truck drivers arent SMART lol
     
  6. 30-aught-6

    30-aught-6 Light Load Member

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    Man you guys are awesome didnt know that many truck drivers followed the MARKET LIKE THAT LOL,,,GOOD WORK
     
  7. SheepDog

    SheepDog Road Train Member

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    I am thinking right now is a good time to invest in OIL...the prices are dropping fast but,,,,lol, don't be fooled and think they won't go back up.
     
  8. dog-c

    dog-c Road Train Member

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    AAPL 4th qtr results are soon to be in so another good investment is to go long AAPL as it has a target of 150.00 share
     
  9. 30-aught-6

    30-aught-6 Light Load Member

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    If it helps a bit the 1st quarter is estimated to be low or steady
    Just for the 1st quarter,i invest in future contracts,oil is currently trading at 54.75 on the OIL19Dec,14 contract,i have a margin account and just short the crap out of it,I wouldnt be surprised if its $40.00 a barrel by mid january,lol time to get ready for the next Contract for oil futures,lol $$$$$
     
  10. 30-aught-6

    30-aught-6 Light Load Member

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    Hmmm..i know they had a big problem with gtat the plant that was suppose to produce the sapphire glass for the iwatch,but that tanked,so they pushed it back til 1st quarter,they going with another company,$150 a share i say would be a long stretch it peaked at $120,they volume would have to massively increase,not saying its not possible,but i find Options more feasable than aquiring actual stock,I mean i by em cheap, wait for strike price,then flip the contract before expiry,,lol booyah like taking candy from a baby lol
     
  11. RUSSELBURG

    RUSSELBURG Light Load Member

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    Evansville,In
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    I bought 1000 shares of ppg stock in 2008 when it hit $28.00 a share it closed today at


    • $226.93
    • Last Update
      Dec 18, 2014 3:59pm


    • Change
      4.67 (+2.10%)
    • Volume / Avg.
      755,095 / 1.03M
    • Prev. Close
      $222.26



    [h=2]TODAY'S PERFORMANCE[/h][​IMG]

    [h=2]52-WEEK RANGE[/h][​IMG]

    [h=2]KEY STATISTICS[/h]
    • Market Cap
      30.50B
    • Shares Outstanding
      137.24M
    • EPS
      16.26
    • Dividend (Yield)
      $2.68 (1.2%)
    • Float
      138.09M
    • Inst. Own
      83.2%


    [h=2]VALUATION RATIOS[/h]
    • Price / Earnings
      13.70
    • Price / Sales
      1.99
    • Price / Book
      4.98
    • Price / Cash Flow
      10.80


    [h=2]FINANCIAL STRENGTH[/h]
    • Quick Ratio
      1.20
    • Current Ratio
      1.80
    • LT Debt/Equity
      0.48





    [h=2]PPG Industries Inc[/h]
    • Sector: Basic Materials
    • Industry: Chemicals
    • Website: www.ppg.com
    PPG Industries Inc manufactures and distributes a broad range of coatings, optical and specialty materials and glass products.












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