My perception is my reality. It’s the same with all individuals and societies. So, if we all believe the same thing, it must be true. Right?
What do you see in the photo above? What is your perception of it?
A. Smug rich guy gloating beside his Lamborghini.
B. Thief about to steal a Lamborghini.
C. Senile old guy waiting for his 401K to recover.
D. All of the above.
E. None of the above.
F. I couldn’t care less.
It’s common knowledge that the American Auto Industry is in a heap o’ trouble. There is some talk that the formerly Big Three automakers may even go away. Therein lies the real danger. If enough Americans, Canadians, and others stop buying vehicles from GM, Chrysler, and Ford because they’re afraid they won’t be around in a few years to handle warranty problems or provide service, then that collective perception could become reality.
Being the optimistic fool that I am, I choose to think otherwise. I believe our domestic auto industry will rebound. To put my money where my mouth is, I decided to invest what little money I have left in one of these companies. For some very unscientific reasons, I chose Ford. Those reasons are:
1. It’s an old family company. I can relate to that.
2. It’s been around since my grandfather was in diapers.
3. They have not taken any handouts from the government.
4. I have always liked Mustangs.
5. They actually have cash in the bank.
6. My wife loves her Mercury Mariner.
7. The stock is temporarily in my price range.
After watching my 401K slide into a black hole, I decided to take matters into my own hands and do my own investing. I noticed that Ford stock had sunk to $1.01 per share back in November. By the time I got around to buying some it had gone up to $1.50. I bought 1500 shares. I emptied my piggy bank and continued buying all the way up to $2.50 per share. It closed today at $1.98.
Last April Ford stock was going for over $8 per share. The 5-year high was over $15 per share. Over the next 5 years I expect Ford stock to skyrocket up to over $20 per share. Then I will sell and reverse my modus operandi of buying long and selling short.
I encourage all of you to scrape up any money you can to buy all the Ford stock you can right now while the share price is easy pickin’s. This will help to ensure that my retirement will be comfy. Thank you very much.
Oh yeah, about that Lamborghini. I wish I could tell you it was mine, but that would be a fib. It belongs to a very bright young man who decided to skip the “work ‘til you’re old and get a pension thing” and go straight to “millionaire by age 25 thing”. It seems he came up with something that competes with something else called Craig’s List. I don’t know what that’s about, but it seems to be working for him.
Well don’t just sit there reading my silly blather, go buy some Ford Stock!
What do you see in the photo above? What is your perception of it?
A. Smug rich guy gloating beside his Lamborghini.
B. Thief about to steal a Lamborghini.
C. Senile old guy waiting for his 401K to recover.
D. All of the above.
E. None of the above.
F. I couldn’t care less.
It’s common knowledge that the American Auto Industry is in a heap o’ trouble. There is some talk that the formerly Big Three automakers may even go away. Therein lies the real danger. If enough Americans, Canadians, and others stop buying vehicles from GM, Chrysler, and Ford because they’re afraid they won’t be around in a few years to handle warranty problems or provide service, then that collective perception could become reality.
Being the optimistic fool that I am, I choose to think otherwise. I believe our domestic auto industry will rebound. To put my money where my mouth is, I decided to invest what little money I have left in one of these companies. For some very unscientific reasons, I chose Ford. Those reasons are:
1. It’s an old family company. I can relate to that.
2. It’s been around since my grandfather was in diapers.
3. They have not taken any handouts from the government.
4. I have always liked Mustangs.
5. They actually have cash in the bank.
6. My wife loves her Mercury Mariner.
7. The stock is temporarily in my price range.
After watching my 401K slide into a black hole, I decided to take matters into my own hands and do my own investing. I noticed that Ford stock had sunk to $1.01 per share back in November. By the time I got around to buying some it had gone up to $1.50. I bought 1500 shares. I emptied my piggy bank and continued buying all the way up to $2.50 per share. It closed today at $1.98.
Last April Ford stock was going for over $8 per share. The 5-year high was over $15 per share. Over the next 5 years I expect Ford stock to skyrocket up to over $20 per share. Then I will sell and reverse my modus operandi of buying long and selling short.
I encourage all of you to scrape up any money you can to buy all the Ford stock you can right now while the share price is easy pickin’s. This will help to ensure that my retirement will be comfy. Thank you very much.
Oh yeah, about that Lamborghini. I wish I could tell you it was mine, but that would be a fib. It belongs to a very bright young man who decided to skip the “work ‘til you’re old and get a pension thing” and go straight to “millionaire by age 25 thing”. It seems he came up with something that competes with something else called Craig’s List. I don’t know what that’s about, but it seems to be working for him.
Well don’t just sit there reading my silly blather, go buy some Ford Stock!
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