8 experts pick investments for an unc...

8 experts pick investments for an uncertain 2009

There are 19 comments on the Newsday story from Jan 9, 2009, titled 8 experts pick investments for an uncertain 2009. In it, Newsday reports that:

How would you invest $10,000 in the coming year? We pose that question annually to a panel of investment experts.

Join the discussion below, or Read more at Newsday.

Jason McNulty

Jackson, NJ

#1 Jan 10, 2009
These experts all blew it in 2008, so their picks are meaningless to me.
I give you the pick of the year: PEIX. This
battered ethanol stock will fly after Obama shortly commits
massive funding for ethanol. Whether you believe in ethanol or
not, I am here to make you money. I firmly believe this stock
will give at least a 1000% return by April.. Yes, that is a bold
statement and only time will tell but that is my pick of the
year. I stand by it.
cjd

Bronx, NY

#2 Jan 10, 2009
Jason McNulty wrote:
These experts all blew it in 2008, so their picks are meaningless to me.
I give you the pick of the year: PEIX. This
battered ethanol stock will fly after Obama shortly commits
massive funding for ethanol. Whether you believe in ethanol or
not, I am here to make you money. I firmly believe this stock
will give at least a 1000% return by April.. Yes, that is a bold
statement and only time will tell but that is my pick of the
year. I stand by it.
i agree, financial advisors are quacks...just like mortgage brokers. "invest in fund this, fund that"...blah blah blah. give me an actual stock to buy with meaningful research and then i will listen.

ps: the real key to successful investing is "TIMING." as we all know....most stocks fluctuate. its the timing of your sale that matters. the problem with funds is that you dont manage it and as we all have recently learned, fund managers havent perfected their "TIMING"...i.e 30%+ losses this year
DONNA

Jackson, NJ

#3 Jan 10, 2009
I agree too. When gas was near 5 bucks
and the housing market began to crash,
I saw this coming. Unfortunately, I
don't have all the money to invest or
I would have shorted home builders.
I do know this - things are not getting better in 2009. Housing is
going lower and consumer debt will soar to levels never seen before.
You have to move your money around
or this can happen again and again.
You have to spot the trends and these
"experts" are useless. Even Sue Orman
says just put your money in the 401K
and it will be fine down the road.
Yeah, sure it will. That is what they
told GM workers. I say by GM now, though. Obama will pump whatever it
takes into that company to force it to
make a profit.
Frankie

Bayonne, NJ

#4 Jan 10, 2009
Jason McNulty wrote:
These experts all blew it in 2008, so their picks are meaningless to me.
I give you the pick of the year: PEIX. This
battered ethanol stock will fly after Obama shortly commits
massive funding for ethanol. Whether you believe in ethanol or
not, I am here to make you money. I firmly believe this stock
will give at least a 1000% return by April.. Yes, that is a bold
statement and only time will tell but that is my pick of the
year. I stand by it.
I guess you bought that stock when it was 40 dollars a share. So right now you lost at least on paper about 90%. There is no reason to think Obama will do anything with ethanol. Ethanol is totally dead. If there was even a hint that Obama would be doing something good as far as ethanol is concerned all ethanol stocks would be much higher just on speculation alone. Sorry you lost money in that stock but don't now try to fool people into buying it.
Frankie

Bayonne, NJ

#5 Jan 10, 2009
Jason McNulty wrote:
These experts all blew it in 2008, so their picks are meaningless to me.
I give you the pick of the year: PEIX. This
battered ethanol stock will fly after Obama shortly commits
massive funding for ethanol. Whether you believe in ethanol or
not, I am here to make you money. I firmly believe this stock
will give at least a 1000% return by April.. Yes, that is a bold
statement and only time will tell but that is my pick of the
year. I stand by it.
You can stand by anything you want. Anybody who believes you is a fool. You are here to make people money? Who the heck are you? Just answer one question why are "insiders" selling shares of that company if the share price is going up "1,000 percent" as you say it will? Anybody can check for themselves and see that people who work for the company were selling thousands of shares in that company in December and nobody who works there has been buying. Don't anybody believe me, check it out for yourselves.
Jason McNulty

Jackson, NJ

#6 Jan 10, 2009
Frankie wrote:
<quoted text>
You can stand by anything you want. Anybody who believes you is a fool. You are here to make people money? Who the heck are you? Just answer one question why are "insiders" selling shares of that company if the share price is going up "1,000 percent" as you say it will? Anybody can check for themselves and see that people who work for the company were selling thousands of shares in that company in December and nobody who works there has been buying. Don't anybody believe me, check it out for yourselves.
Why so mean? I never owned this stock. I am simply saying my opinion,
as did the "experts" in the article.
You do not have to buy it - who cares?
I bought it at $.58 and I feel real
good. You do as you wish but, really;
cut the nasty comments.
Frankie

San Jose, CA

#7 Jan 10, 2009
Jason McNulty wrote:
<quoted text>
Why so mean? I never owned this stock. I am simply saying my opinion,
as did the "experts" in the article.
You do not have to buy it - who cares?
I bought it at $.58 and I feel real
good. You do as you wish but, really;
cut the nasty comments.
I stated a fact that you have no answer to. If that stock that you mentioned is going to go up 1,000 percent in 4 months why are insiders selling shares as they have in December and no insiders have been buying any shares. Explain that one. You sound like one of those "pump and dump scam artists". When the buying starts and the share price goes up you will sell. I hope you lose everything. Keep dreaming about ethanol being viable and have fun with your stupid fantasy. I admit I had to laugh at that 1,000 percent figure you came up with and by April.
Yeah, that is very funny.
U r not so smart

Bangkok, Thailand

#8 Jan 11, 2009
Take the Money and invest it in one hand of blackjack.
Capapella

Jackson, NJ

#9 Jan 11, 2009
Frankie wrote:
<quoted text>
I stated a fact that you have no answer to. If that stock that you mentioned is going to go up 1,000 percent in 4 months why are insiders selling shares as they have in December and no insiders have been buying any shares. Explain that one. You sound like one of those "pump and dump scam artists". When the buying starts and the share price goes up you will sell. I hope you lose everything. Keep dreaming about ethanol being viable and have fun with your stupid fantasy. I admit I had to laugh at that 1,000 percent figure you came up with and by April.
Yeah, that is very funny.
It is very possible for that stock to
be $5.80 by April. Insiders are selling because they believe the stock
will tank. Jason believes it will not
tank. Why you have to trash him for
his beliefs is beyond me. Chill out.
abc

Brooklyn, NY

#10 Jan 11, 2009
And Bush wanted to privatize Social Security? What a laugh.
Frankie

San Jose, CA

#11 Jan 11, 2009
Capapella wrote:
<quoted text>
It is very possible for that stock to
be $5.80 by April. Insiders are selling because they believe the stock
will tank. Jason believes it will not
tank. Why you have to trash him for
his beliefs is beyond me. Chill out.
If insiders are selling shares in the company they work for then that is a good enough reason not to buy shares in that company. Also, if insiders believe the share price will "tank" as you say that is another reason not to buy shares in that company. I don't know how much more the share price can tank when it is now 58 cents now and about 90% off its high. The next thing might be bankruptcy or a reverse stock split which is even worse than where the share price is now.
lag

Sand Springs, OK

#12 Jan 11, 2009
liner

Bronx, NY

#13 Jan 11, 2009
Liner says:....put it in your mattress.
Bob

Westbury, NY

#14 Jan 11, 2009
Since all of these guys lost money this past year I don't see why I should pay much attention to their advice this year. Did any of them recommend shorting anything last year? Of course not.

The more I look at what my government is doing the happier I am that I bought gold a few years back.(In 2008, after some big ups and some big downs, gold closed about where it started, more than can be said for almost any stock.)
Opportunity

AOL

#15 Jan 12, 2009
Jason McNulty wrote:
<quoted text>
Why so mean? I never owned this stock. I am simply saying my opinion,
as did the "experts" in the article.
You do not have to buy it - who cares?
I bought it at $.58 and I feel real
good. You do as you wish but, really;
cut the nasty comments.
I agree with you .. I bought that stock at 50 cents.

There are many good stocks out there that are dirt cheap. The market right now is a golden opportunity to make money.
mattress

Northport, NY

#16 Jan 12, 2009
If you put your money in a mattress a year ago, think how much you would be ahead now! These bozo pundits are responsible for most of us losing 40-50% over the past year! Don't believe them!
cjd

Bronx, NY

#17 Jan 12, 2009
liner wrote:
Liner says:....put it in your mattress.
now is not the time to keep $$ in your mattress....that was a year ago. get out there and find some oversold investements.

"You should get greedy when others are fearful and fearful when others are greedy."
-Warren Buffett
Superior Rich Guy

New Rochelle, NY

#18 Jan 12, 2009
Ok you morons I will throw you all a bone, go out trolling for non-performing and delinquent notes and have a field day, pay around 10 bucks a square foot max. Now I have to return back to my retirement mmmmmm
U r not so smart

Bangkok, Thailand

#19 Jan 13, 2009
There are a lot of broke and/or unemployed "experts" out there.

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