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| lmountford |
 Posted: Tue Feb 22, 2005 12:21 pm Post subject: |
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Investing Sr. Associate
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I quite fancy buying my daughter 20 or so Disney shares just to justify the amount our holidays at WDW cost. You know like supporting the family firm  |
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| andromedaslove |
| Posted: Tue Feb 22, 2005 1:02 pm Post subject: |
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Investing Associate
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| I think that any investment is better than none. I am really interested in buying Disney stock myself. I figure as much money as I spend there every year I should at least have some stock in it!! |
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| eyesandearsjami |
| Posted: Tue Feb 22, 2005 3:51 pm Post subject: |
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Member Of The Month! February
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Any amount is fine to start with. But if you are only going to buy a handful of shares make sure that you pay a very low commission, nothing more than say $10. If you do pay more it can really hurt your returns. For example, if you only bought 10 shares @ $20 per share and paid $50 to buy it and $50 to sell it you would need to make 50% on your stock to just break even.
Hope this helps,
Jami
Whatever you decide to do make sure you only go to an independent investment advisor. DO NOT use what are called captive agents and advisors (State Farm, Allstate, Nationwide, Big Brokerage firms and etc.). Independent agents and advisors can look at what they best product available is and are not under any pressure to sell you a product that their company sells like a captive agent is. They'll find the best fit for you because they have access to ALL companies products! |
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| SCmomof3 |
| Posted: Wed Feb 23, 2005 11:16 am Post subject: |
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Investing Associate
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Great question! I am so lost in all this!  |
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| mrsboz |
| Posted: Wed Feb 23, 2005 4:22 pm Post subject: |
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Investing Sr. Associate
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| I really wished that I got into Disney stock a few years ago when it wasn't doing well. I kept saying that I was going to do it and never did. Now you are quoting prices so high. I could have made a buck but as others have stated it is soooo intimidating. |
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| CapM |
| Posted: Wed Feb 23, 2005 4:57 pm Post subject: Disney |
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Investing Associate
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Why is everyone so interested in buying shares of Disney?
Learn some lessons from Enron, Global Crossing, Worldcom, etc. Hardly anyone predicted Enron would collapse, so a lot of people put a lot of their hard earned money into Enron stock. Little did they know Enron used off-balance sheet debt, joint ventures, and an extraordinary amount of accounting trickery that hid a bunch of their "sins". Many of the so called "best minds" on Wall Street didn't even see it coming - people that were supposedly pouring over financial statements, conducting interviews with management, performing technical analyses on the movement of the stock price, etc.
I'm not saying that Disney is a bad stock - it may very well be best, most undervalued stock in the market today. I just would strongly consider diversifying my assets before investing in any one stock.
For those who are starting out investing, I would highly recommend investing in an index fund (for example, the Vangaurd 500 Index). Even if you're investing only $1,000, you will be diversified into 500 different stocks. Your portfolio will immediately consist of GE, IBM, Wal-Mart, Microsoft, Johnson & Johnson, and 495 other stocks. That way, if Disney does turn into another Enron, you have 499 other stocks in your portfolio that keep you protected. |
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| Benjamin |
| Posted: Wed Feb 23, 2005 5:09 pm Post subject: |
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Administrator
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 We have a lot of members that found us through a Disney message board Cap! I think it's good to really believe in and enjoy the companies you invest in, but don't get too caught up and make a mistake by being TOO vested. |
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