Airline stocks

B

buffalopilot

Well-Known Member
I am thinking of investing in airline stocks but am not too saavy on the whole stock thing so I am looking for information. ANy help would be excellent!
 
buffalopilot said:
I am thinking of investing in airline stocks but am not too saavy on the whole stock thing so I am looking for information. ANy help would be excellent!
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I've got a better idea... You can give all that money to me, and I'll burn it for you :)

Ask the TWA "20,000 shares at $20" how they're doing:)
 
Question? From your quote, it seems like you don't have a real solid grasp on financial planning, so why would you randomly select "Airline Stocks" as your wealth growth vehicle? Being in the financial services industry, few select ariline stocks are something I would place under my "throw away" money category, which is a category I reserve for people with a well diversified portfolio that can afford to lose a little but may, in turn, reap large growth rewards by basically getting a little lucky. It's kind of like K-mart a few years back when they went down the tubes, we bought up a whole bunch of it and it quadrupled for us.

The point here is, figure out what you want your money to do for you. When you get there, devise a plan to figure out what you NEED for retirement and college educations, then try and find ways to double those needs safely, by balancing your portfolio with a nice mix of financial instruments, and call it a day. The question you posed kinda seems like you want to treat the stocks like a game of black jack, hit or miss. In the end its your call. Sorry for the work speak :)
 
How would one go about learning financial planning? How would one go about finding a good financial planner?
 
I am trying to find out the best way to invest money for a quick return, I am not trying to get rich, although wouldnt hurt, but just to make some money while learning the market.
 
run!!! no really, as goldmember says, be wise and do your research. i am thinking about united's stock once they get our of bk really get going again. a timely purchase could end up like the k-mart reference above!

those who purchased skywest stock awhile back are happy right now. it lost some ground recently, but it is still up right now.
 
indeed, but i read an article that the stock might go waaay south (worthless) once the reorganization plan takes effect. the article was on our skywest employee site. i need to do some more looking, but i wouldn't want my .65 shares to go worthless!
 
buffalopilot said:
I am thinking of investing in airline stocks but am not too saavy on the whole stock thing so I am looking for information. ANy help would be excellent!
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I think you mean you want to GAMBLE in airline stocks
 
Arent all stocks a gamble? I just figure with the cyclical nature of the industry, and it should be going upwards soon, its a decent gamble.
 
Well, there is a way of gambling, like what the topic post is implying, hence the black jack reference, but there are also ways of hedging the gamble and making sure you're ALWAYS making money. That's why you diversify. In certain conditions, there are stocks that are going to do well and those that are going to do poorly a.k.a lose money. But, if you have the right mix of both of those, and know when to rebalance your cash investments in those stocks, you will ALWAYS gain. The key is your long term committment, not the get rich quick idea. If you're looking to do that, sure, invest all your money in one stock that is crap right now, and pray it goes through the roof, the comany grows and keeps splitting your stocks and you retire in the carribean. Odds of that happening are about as good as you going to the horse track, laying all the money you have on the horse with the longest odds and praying it comes in. A lot of us did well on the Kmart thing, and had I taken everything I own and invested in Kmart when it was at it's lowest point, I would be an unbelievably rich man right now, but that's just too big a gamble.

Here's an interesting bit of information also. If you took, over the last 20 years, and invested your money in the market as a whole (s&P 500) on the worst possible days (when the market reached it's peak) you would have earned an average return of 8.1%. Had you did the same thing on the best possible days to invest (market at it's trough) you would have earned an average 8.8%. Doesn't say a whole lot for guessing now does it?
 
My 2 c tip: I'm not bashing airline stocks. Iv'e got my eye on the big guys that are trading low right now, and my main focus is growth in Asia. The lines that are going to be able to grow through the Asian chanels are the ones, in my opinion, that are going to rebound and push through the tough times right now. It's not like Americans are ever going to lose the need for the lines to travel overseas. If anything, with the globalizaiton of buisness and the push to Asia for manufacturing firms, check out not only the pax bus, but also keep a keen eye on the cargo guys or aspects of mainline carriers.
 
buffalopilot said:
I am thinking of investing in airline stocks but am not too saavy on the whole stock thing so I am looking for information. ANy help would be excellent!
Click to expand...

Tell you what. Give me the money you want to "invest" in airline stocks and I'll give you half of it back, and kick you in the nads.

It'll hurt just as much, but you'll only lose half the money.
 
buffalopilot said:
Arent all stocks a gamble? I just figure with the cyclical nature of the industry, and it should be going upwards soon, its a decent gamble.
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your better off taking that money and running to vegas - you'd probably have a higher rate of return by far!!
 
Be careful! This is a financial thread, and may soon turn into a political argument between liberals and conservatives!

:D
 
hmmm, well all I can offer is my experience with airline stocks:

My college fund consisted of: PanAM, NWA (I had nothing to do with this btw)

I paid for college with loans because my college fund amounted to a few cents.
 
We've got some pretty TWA stock we're going to have framed for posterities sake........... It's red ink on a white background with a lovely watermark, a real work of art.

Too bad its only value is how nice it'll look on our office wall. Kind of like Bill's TWA uniforms.
 
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