PLM2 Posted May 5, 2009 Share Posted May 5, 2009 Ive got some money to burn. Im single, no bills at all (in the army), no real expenses. Anyway back in december I put some money in ford. About 1400 stocks for an average of $2. Now its getting towards $6. Recently I put a little less cash in GM. It was about $2 as well, it dropped a little but its been going up and down. I never really believed the fuss about this recession taking down the big 3. Especially after I started seeing government intervention. It seems the government wont let them die it might be political suicide. These stocks were both $20+ roughly a year or so ago. Now im thinking about putting some cash into the Freddie mac (FRE) / Fannie mae (FNA) disasters. They were in the $25 - $40 price ranges a year ago also. So the potential is there for such growth and even without a total recovery theres still some potential. Im not rich but so far I've put less than $5K into the stock market and its grown to almost $10k. Im better about saving money than most people I know. Im about to drop 1K or so in each of these stocks. Im seeing this as a once in a lifetime opportunity and I seem to have been right about Ford, am I crazy? 0 Quote Link to comment Share on other sites More sharing options...
mike_the_wino Posted May 5, 2009 Share Posted May 5, 2009 Crazy like a fox, it sounds like. 0 Quote Link to comment Share on other sites More sharing options...
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