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opinions about IBDopinions about IBD
jinget said: "I am new to the stock market I have made a few trades but I want to educate myself a little better before I start putting more money into the market. I recently purchased a few stock books, one of the books was the succesful investor. The information in the books seems good and I am considering subcribing to Investor Business Daily but I would like to know from those who have used the service if you think it is worth the money?"
Heather said: "It is worthwhile investment if you are planning on playing the market.
You can get an online version, which is cheaper, or the actual newspaper for around 300.00 a year (at last check)"
sp0om said: "Too expensive and not much different from what is on the internet for free."
AlfredSokol said: "I'm a fan. They always highlight at least a few excellent companies."
trickynick said: "I like the [I]Wall Street Journal[/I] much better. To someone like me, [i]Investor's Business Daily[/i] is too much about [i]only[/i] the markets. The [i]Wall Street Journal[/i] is (in my of looking at things) a much more worldly and sophisticated publication which is concerned with the business and financial community in its entirety. Many articles, reports and columns that appear in the paper are about that which is more fundamental to what is going on to affect the business community.
An example of what I am trying to articulate would be to say that IBD would be less likely than WSJ to publish a story about a worker in El Salvador who got a job at Aeroman as an aircraft mechanic and discuss how the outsourcing of aircraft maintainence to El Salvador is spuring large economic growth in the country.
Okay, so something like this doesn't immediately add much to your understanding of the markets but the sum of reading all kinds of things like that over a longer period of time because they are in the paper you read contributes a lot to your understanding of how the business world and the global economy operate and the relationships between things which may initially appear unrelated.
IBD reminds me more of guys who glue themselves to the daily charts and talk about "triple tops" and "hangman candles" and read way more into things like these than they do events in the real world."
HappyHarry said: "I'm not a big "chartist" myself, but the IBD system does turn up decent companies to do further research on."
IntelligentInvestor said: "How do you "research" a company, Happy Harry?"
HappyHarry said: "The main ratio I've been getting into is P/E/G - price to earnings growth.
I would love to buy "value" stocks but I haven't seen that many companies I like lately in that genre."
StockFreak said: "You can only read about a dwarf in a velcro suit used in a dwarf tossing contest being investigated by the SEC in the WSJ. See pg. C4 in Friday's Money and Investing section."
Heather said: "Dwarfs in Velcro suits?
Do they jump against walls and stick there?"
StockFreak said: "What else would you do with a dwarf in a velcro suit....?"
Heather said: "Make 'em jump off of a trampoline to see who can get the most "height"
LOL."
IntelligentInvestor said: "How do you interpret the PEG ratio?? Which PE is being used and is it the growth rate for the last yr or the last 5 yrs??
Like PE is simple to interpret... The lower it is, the lower the expectations people have for it obviously and could be considered a value play.. But growth stocks with high expectations from investors have a high PE ratio..
Thanks for the help y'all :)"
HappyHarry said: "[QUOTE=StockFreak]What else would you do with a dwarf in a velcro suit....?[/QUOTE]
Toss'em against a velcro wall."
trickynick said: "[QUOTE=StockFreak]You can only read about a dwarf in a velcro suit used in a dwarf tossing contest being investigated by the SEC in the WSJ.[/QUOTE]
Haha! Wasn't that great!"