Where do YOU stand on Boeing? (Read the post first!)
Saturday, October 11, 2008
Okay, I've finally come out of my cave...
I did however sell all of my positions and was only holding cash. I did this 3 MONTHS AGO. The crashing and burning of the stock market has not affected me, other than not knowing what to do next.
A week ago I decided I needed to meditate on this. The constant blaring of the talking heads on TV telling me the world was coming to and end soon had got on my last nerve...I turned it off. The radio too, you know Sirius has CNBC...you never have to be without!
What better place to meditate than Tibet, so off I went (not really, the fact is I don't think I know how to meditate). The truth is I know there is a way to make money in this market. But even Jim Cramer comes on the TV every night last week with his hands in his pockets, kickin' dirt.
Warren Buffet and Sir John Templeton are/were two of the most respected investors in the world (and also the richest). Both of them said that it was important to take all other influences out of your decision making process...essencially to turn off the doom-and-gloom and figure it out for yourself.
I have come up with my new trading plan. It is a three tiered, five year plan. Now, I'm not going to use just this one post to explain my new strategy. I have written, and am writing a series of articles that explains how I plan on increasing my wealth exponentially over the next five to ten years.
So I feel better. I always do when I have a plan. I'll share it with you all soon. In the mean time, try to look at the current economical situation with optimism, with a keen eye instead of a gullible ear, and you just might feel a bit better. Be sure to subscribe to the Chicken Stocks Blog so you are the first to know when the articles are published!
Thursday, April 3, 2008
Jim Cramer is Wrong About Consolidated Edison!
read more | digg story
Marathon Oil Corporation (MRO) Stock Analysis
read more | digg story
Thursday, March 27, 2008
XM and Sirius Merger One Step Closer to Approval
read more | digg story
New UAV Spy Vehicle Wants to Look at Miami
read more | digg story
Monday, March 24, 2008
Airborne Refund Settlement Agreed Upon - Get your refund!
read more | digg story
Thursday, March 20, 2008
Airborne Refund Settlement Agreed Upon - Get your refund!
read more | digg story
Thursday, February 7, 2008
Owning Walt Disney
As the analysts at Citigroup and Jim Cramer argue about the future growth of Disney, does it match your investing needs? Can Disney continue their 15% growth rate? Jim Cramer thinks so…but I’m not so sure it’s time to “pull that trigger” yet.
Now, I’ve got nothing against Disney. Who doesn’t love Disney? I also think it is a good, safe (under most circumstances) long-term investment. The purpose of this article is to determine if it is good enough for your portfolio using a stock trading strategy with a goal of 15% growth.
If you're interested in my analysis of Disney (DIS), check out: Do you want to own a piece of Walt Disney Co?
Remember, before investing any money there are other critical financial steps you must take. Read Before You Invest ANY Money, READ THIS! to make sure those financial building blocks are in place!
Saturday, January 19, 2008
2007 Tax Law Changes
I've taken a break from the stock market over the last week to study up on the new tax laws for 2007. There are several significant changes to the tax code for 2007 and I have created a series of articles that will soon be published on Associated Content including a summary of the most popular (or not so popular) changes. There are typical changes that make adjustments for inflation, but there are also changes that affect when you can file your taxes or qualify you for benefits you may have not been qualified for in the past.
The amount of tax code and laws are enormous and until it is simplified it is difficult to stay current on the changes that occur each year. Being informed of your benefits and responsibilities can be daunting. I have included the more significant changes in this article. Refer to www.irs.gov for a complete listing of all the changes for the 2007 tax year. Use caution when using commercial software when filing your 2007 taxes. Many of the changes happened toward the end of 2006, after software was already written. This is the primary reason for the IRS delay in accepting many returns until
Sunday, January 13, 2008
GameStop Analysis
Article: GameStop's Successful Growth will Continue to Make Investors Money!
Going Against the Grain (yeah, chicken grain)
With that said, I don't always agree with the "talking heads" on TV or Internet analysts. Here are two recent articles published on Associated Content that show this:
Is Jim Cramer Wrong on EMC Say it Isnt So!
Great Coffee, Bad Business - Is Starbucks a Good Investment?
Keep in mind that these are MY opinions, derived from the analisys and study of the companies that I did. If you feel differently, come up with different numbers, etc., feel free to post a comment on this blog or on the article page themselves.
A Mission Statement for a Rock Solid Investing Strategy
Here's the article: Mission Statement for a Rock Solid Investing Strategy
I will be posting three or four more articles on the next blog, this afternoon.
-Rooster
Saturday, January 12, 2008
When Do You Know When You're Rich?
If you don't think you are already rich, read my article posted on Associated Content "How to Determine When You are Really Rich".
As for your investment "planning", just like each stock you purchase, you must have an exit strategy. Determine how much money you want or will need. Determine whether that is going to be your retirement, or another milestone in your life. Determine whether you are going to be 65 or 25 when you accomplish it. Plan to it, then execute it and you will succeed.
Before you make the leap into the investing world, you must also consider your personal finances. Read my article "Before You Invest ANY Money, READ THIS!" There is much more to successful personal finances than a good portfolio!
I will begin by posting some previous, not too out dated stock and business analysis soon. Come back often to see new articles, ideas and controversy!
Welcome to Chicken Stocks!
I have developed a stock analysis system that incorporates several leading stock traders and investors including the likes of Jim Cramer, Phil Town and of course Warren Buffett. I have taken the systems that these successful investors have shared with us through books and the television and created my own, unique stock and business analysis system.
Where there are a ton of blogs and websites out there that regurgitate the “Lightning Round” from Mad Money, cut and paste analysis from other websites, etc. I take other’s ideas or stock picks and run them through my strategy/analysis and see if the claims stand up to my scrutiny!
My method is hopefully a little more light, a little more fun (although I don’t think I can compete with Jim Cramer in the fun department)! I do analyze many of the stocks that Cramer recommends on his show, Mad Money, and I don’t always agree with him. Check out: Is Jim Cramer Wrong on EMC Say it isn’t so!
Don’t get me wrong, investing is not a joke to me, nor should it be to you. (In 2007 my portfolio gained 36%!) I’m not here to sell anything, but if you are like me, looking for new investing strategies and ideas, hang on because this blog is where I intend to stir that pot! I am not a “professional trader”, I am like so many others that are learning (and I must emphasize learning) that you can significantly change your savings, your retirement, and your life just by investing.
Feel free to post comments to any of my blogs. Many of my blogs will have links to the articles I write for Associated Content. At Associated Content I write investing, personal finance and business finance articles, but I also write about many other topics as well.
So relax and enjoy the ideas. I will share parts of my investing strategy as the blog grows, but the truth is, I’m learning everyday as well. That’s why I encourage you to post comments either here or to my articles on Associated Content. My intention is to use this blog to inform, teach, learn and share ideas, so keep the comments clean and the insults minimal.
Thanks and again welcome to Chicken Stocks!
