Insurance co.s

[bluefin]

I've been reading where a lot of ins. co.s are on financial advisors picks - namely Allstate and AIG. Having gotten rid of their coastal risks I'm thinking this is a pretty good time to buy because I don't see any large exposures for losses like a hurricane would be. Just wanted to get some of you professionals thoughts. Also any other picks out there? Mutual Funds??

[Outcast]

All I know is my Allstate stock has continuously gone up on the overall slide. Go to MSN.com and punch in the stock ticker and it'll give you a 10 year graph. My Exxon stock has doubled! :)I've been reading where a lot of ins. co.s are on financial advisors picks - namely Allstate and AIG. Having gotten rid of their coastal risks I'm thinking this is a pretty good time to buy because I don't see any large exposures for losses like a hurricane would be. Just wanted to get some of you professionals thoughts. Also any other picks out there? Mutual Funds??

[bluefin]

I'm thinking that the energy stocks are yesterday's stocks and am thinking that with the folks getting out of the real estate investments that they'll be putting their money back into the market but towards something more blue chip. I may be wrong (and usually am) but I'm not seeing any new trends like energy stocks or real estate. Well, come to think of it, maybe overseas stuff like Dubai. Any thoughts?

[Sow Trout]

So you think people are going to quit using energy or that it is going to become more abundant? AIG is good as is Berkshire Hathaway.I'm thinking that the energy stocks are yesterday's stocks and am thinking that with the folks getting out of the real estate investments that they'll be putting their money back into the market but towards something more blue chip. I may be wrong (and usually am) but I'm not seeing any new trends like energy stocks or real estate. Well, come to think of it, maybe overseas stuff like Dubai. Any thoughts?

[bluefin]

ST, if I used that logic I'd be buying real estate. There also isn't a company asking for less technology and yet that sector has been relatively flat. That's why I hate playing the stock market. I've never been able to tell when a certain industry or sector has met it's full value or when one is undervalued and should be rising... Dang, where's Carnack the Magnificent (Johnny Carson) when I need him. LOL

[bbridges]

So you think people are going to quit using energy or that it is going to become more abundant? AIG is good as is Berkshire Hathaway.
I wouldn't put money into AIG stock if I was paid to place it there. Have you monitored their financials over the past year and the troubles they have had in their corporate office. I have seen too much and know that some of their practices are going to haunt them if they are ever brought to the attention of the right people.

Brian

[Sow Trout]

Third quater earnings were up 130%. They have, at last, had a quarter without a one time charge to straighten out their problems. Those problems are behind them now. Revenue for the quarter is up 11%. Their premium to loss ratios are very good. Time will tell us who is right.I wouldn't put money into AIG stock if I was paid to place it there. Have you monitored their financials over the past year and the troubles they have had in their corporate office. I have seen too much and know that some of their practices are going to haunt them if they are ever brought to the attention of the right people.

Brian

[Sow Trout]

What kind or real estate would you buy, reits or personal rental property? Don't "play" the stock market. Invest in good companies and hang on. Or, probably better, if you have a hard time figuring out which is a good company just buy a total market index fund and beat about 80% of the mutual funds. Over time that should give you a return of about 10%. ST, if I used that logic I'd be buying real estate. There also isn't a company asking for less technology and yet that sector has been relatively flat. That's why I hate playing the stock market. I've never been able to tell when a certain industry or sector has met it's full value or when one is undervalued and should be rising... Dang, where's Carnack the Magnificent (Johnny Carson) when I need him. LOL

[Sow Trout]

A lot of the people getting out of real estate investments will be losing money so they won't have any to invest in the stock market. Buy Exxon and see if they are yesterday's stock.I'm thinking that the energy stocks are yesterday's stocks and am thinking that with the folks getting out of the real estate investments that they'll be putting their money back into the market but towards something more blue chip. I may be wrong (and usually am) but I'm not seeing any new trends like energy stocks or real estate. Well, come to think of it, maybe overseas stuff like Dubai. Any thoughts?

[Outcast]

Looks like my XOM stock is around 75$. I think I bought in at 31-35$ :)



A lot of the people getting out of real estate investments will be losing money so they won't have any to invest in the stock market. Buy Exxon and see if they are yesterday's stock.

[Sow Trout]

Isn't it great? Just hang on to it. When you turn 60 it will pay for your boat, gas , and all the bait you can use. I hope you are automatically reinvesting the dividends.Looks like my XOM stock is around 75$. I think I bought in at 31-35$ :)

[Outcast]

Absolutely!Isn't it great? Just hang on to it. When you turn 60 it will pay for your boat, gas , and all the bait you can use. I hope you are automatically reinvesting the dividends.