BoddaH1994 Posted August 23, 2014 Share Posted August 23, 2014 Paging Terpy... http://m.theglobeandmail.com/globe-investor/investment-ideas/amusement-park-stocks-offer-a-bumpy-ride/article20178683/?service=mobile 1 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 23, 2014 Share Posted August 23, 2014 You rang? Not much to see there. A very superficial article, aimed at those who know little about the park business. Pure plays in the park business are risky. Yep. Quote Link to comment Share on other sites More sharing options...
Nick_Plummer Posted August 23, 2014 Share Posted August 23, 2014 We are currently investing in stocks in economics class and I invested the most in Cedar Fair. Uh oh. 2 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 23, 2014 Share Posted August 23, 2014 Well. You didn't buy any stock in FUN. Units, perhaps. FUN is a limited partnership. As in LP. It doesn't have stock. Also, higher risk means higher possibility of great return...or great loss. Safety is boring...which can be good. Safety and high rates of return seldom go together. Same for loss. And longer term horizons intensify risk of loss or gain. Diversity reduces loss potential...and gain potential. The author herein is more of an investment philosopher than investment advisor. He is not a registered securities dealer or broker within the meaning of the Securites Exchange Act of 1934 and subsequent legislation. Consult a competent financial advisor if you need financial advice. There is no specific investment advice meant for any particular client here. Bears make money, bulls make money, pigs go to slaughter. This is a disclosure. Not reading disclosures is frequently not advisable. Don't do like most--who buy high and sell low. Buy a stock low--when it goes up, sell it--if it doesn't go up, don't buy it. -30- 2 Quote Link to comment Share on other sites More sharing options...
TTD-120-420 Posted August 24, 2014 Share Posted August 24, 2014 SEAS is pretty low right now... 1 Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted August 24, 2014 Share Posted August 24, 2014 Indeed. And relatively high risk. Here is where one can make a fortune. Or lose nearly everything. No risk? No reward. What's a safe risk? That's the judgment part. Everyone's answer is different. Take me, for example. My 401k type plan has done quite well. I'm near 60...most would advise I should own no more than 40 percent equities (stocks). Yet, my 401k type plan is invested 100 percent in equities...it's never had a single dime in money markets, cash or bonds. Never sold a dime, kept investing during the Great Recession. Dollar cost averaged, investing without regard to market price, never tried to time the market. I also believe in low cost, low management fees, no load index mutual funds. Over time, they typically outperform nearly all active managers. I've never owned a single share in a single common stock. Ever. But that's me. I watched many opportunities to make (and lose) fortunes pass me by. But I'm happy. And overall, that's what matters. SEAS could be the FUN of the last two decades. Or it could be the old SIX, cruising toward bankruptcy. Which? No one KNOWS. 1 Quote Link to comment Share on other sites More sharing options...
shark6495 Posted August 24, 2014 Share Posted August 24, 2014 Stocks are crazy. When I graduated college, a group of us at my first job discussed trying to come up with about 1000 (between 3 guys) to buy 10-12 Apple Stocks. A few weeks later we all lost our jobs. 6 years later, Apple stock is worth almost 6 times what we wanted to buy it for. Would we have been rich? No but we would have 6 K to split 3 ways. 2 Quote Link to comment Share on other sites More sharing options...
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