story i am looking at doing.

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Do You have stocks/shares with Airlines?

Yes
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No
9
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seahawks7757
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story i am looking at doing.

Post by seahawks7757 » 03 Oct 2007, 06:23

Even though i havn't talked to Aaron yet i am going to be starting my first story for latitude over the next few days. My idea is about talking about having stocks in airlines. So let me know if you do and if you dont mind then tell me who you have stocks with. And i may end up contacting you outside the boards. So stay tuned and let me know.
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Northwestdc9
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Post by Northwestdc9 » 03 Oct 2007, 06:35

I don't have any stock at all. Personally I'll invest when I have some money to invest. Today everything I have goes into stuff I can have now.

When I'm making $100,00 a year I can take $10,000 of that and invest it.
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CaseyD
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Post by CaseyD » 03 Oct 2007, 14:07

I would never invest in an airline. Too unstable. Boeing would be a good choice, big corporations like that, Lockheed Martin and so on.
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Post by Martin the Warrior » 03 Oct 2007, 18:20

Yeah, too unstable. Airlines aren't the best investments even if you do want to own stock.
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Post by Dennis » 03 Oct 2007, 18:27

A little suggestion: you might wanna check with people you know are business type people. Here, you'll only find students and people with jobs who in general aren't interested or don't have the resources to invest in stock just yet.
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Post by Northwestdc9 » 03 Oct 2007, 19:28

Yeah as SRB says " If you want to make a million dollars, take a billion and start an airline. " and former CEO of American Airlines Bob Crandall said when asked if he'd invest in an airline " I never invest in any airline. "

If I were going to invest in something it'd be banking, china, technology. The airlines are TERRIBLE investments.
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Post by CaseyD » 03 Oct 2007, 22:50

My dad has a friend who is so good with the stock market, he doesn't need a job to be the millionaire that he is. That's gotta be nice!
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Post by CX888 » 03 Oct 2007, 23:33

Martin the Warrior wrote:Yeah, too unstable. Airlines aren't the best investments even if you do want to own stock.

we did a little sharemarket thing in economics, i bought (virtually) Air NZ shares at about 10 cents each, a month later (i think they introduced 777s or ordered 787s or something), it boosted up to 118 cents per share :lol: if only it was real money :twisted:
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Post by sanins192 » 03 Oct 2007, 23:49

I play a game off the BBC website that lets you deal virtual shares into sports stars and they fluctuate depending on how well they do in the sporting world (all fake shares of course).

I think there is a website called share.co.uk or something like that and you can set up practice accounts and deal in real shares. I made one with £1000, put all my shares with BA and it showed me of it was real money I would have made £100 profit in about 3 months, but then it dropped and the last time I checked it was slightly under the one grand.
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Post by caps1237 » 04 Oct 2007, 01:39

If I were going to invest in something it'd be banking, china, technology. The airlines are TERRIBLE investments.

I'm going to have to disagree with you on that one. I set up a fake portfolio on Yahoo of purely airline stocks (including Boeing and Lockheed Martin though). I started with $10,000 play money, and in the course of 2 years, my portfolio is now up to $15,193. If you spread out your stocks over multiple airlines (mine includes 14), some will lose and some will win. The winners will balance out the losers, and add a little extra in most cases. Over time though, all the stocks have gone up.

In real life-I've got some money invested in air defense systems. Lockheed Martin, Northrop Grumman, etc. I've gotten some slow growth out of it, but its growth nonetheless.
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Post by CaseyD » 04 Oct 2007, 02:01

I don't consider Boeing, Lockheed, Grumman, Rockwell, etc. airlines. I would invest in them. In fact, since the release of the 787, Boeing stock has risen something like 40%!
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Post by Northwestdc9 » 04 Oct 2007, 02:04

Yeah Boeing and the others are good investments but the airlines themselves probably aren't the best.
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CaseyD
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Post by CaseyD » 04 Oct 2007, 02:04

Northwestdc9 wrote:Yeah Boeing and the others are good investments but the airlines themselves probably aren't the best.


Yep, that I'd agree with.
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Post by caps1237 » 04 Oct 2007, 02:32

Ok, so I just went over it, and taking out Boeing, Lockheed Martin and Northrop Grumman, ALL of the airlines in my "portfolio" have gone gone up, with the exception of jetBlue. Most of them pretty significantly actually.
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Post by CaseyD » 04 Oct 2007, 03:00

Yeah, but for most airlines if you look at a 5 year graph, looks like a roller coaster. And 4 of them won't even have 5 year graphs because they were bankrupt.
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Post by seahawks7757 » 04 Oct 2007, 06:31

Northwestdc9 wrote:Yeah Boeing and the others are good investments but the airlines themselves probably aren't the best.


I would have to disagree with you to a point. If you select an airline like Alaska who is been established yeah i lose somedays but alot of times i gain. Like today. I rose 76 cents. Meanwhile with Hawaiian it keeps going back and forth but with them keep on expanding service it is only going to continue to rise. I am still waiting for them to announce getting the 787 and then that will be when that stock is going to really rise
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Post by CaseyD » 04 Oct 2007, 16:22

That could change in 10 seconds. What if right now an AS 737-400 crashed into the Pacific and people suddenly were afraid to fly AS? Then you're not going to be able to give your stock away.
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Post by Northwestdc9 » 04 Oct 2007, 17:39

Up 76 cents ? Wooo... unless you have a LOT of shares that's not very significant.

That's one thing I don't like about the market, you need money to make any money. Unless you're buying a LOT of shares it's not too profitable. Sure you can make a few bucks but is it even worth it ? Personally I don't think so.
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Post by NWADC9 » 04 Oct 2007, 17:54

Northwestdc9 wrote:Up 76 cents ? Wooo... unless you have a LOT of shares that's not very significant.

That's one thing I don't like about the market, you need money to make any money. Unless you're buying a LOT of shares it's not too profitable. Sure you can make a few bucks but is it even worth it ? Personally I don't think so.

Tell that to those who bought GOOG stocks from Day 1. They're swimming in their earnings!
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Post by Northwestdc9 » 04 Oct 2007, 17:56

This is true but it's a very very rare thing.
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