That's even including the current lousy stocks dealing with the downward spiralling housing stocks.
We're talking 200 percent gains at the smallest commissions at a long-term cap gains rate.
You would be hard pressed to find something better! Until they get more financial data if ever.
Then Id get you in TIE at 11 and HANS at 14 like Vector Vest did.
OK anyway here it is...
"P.
E.
ratio" is between 8 and 12 offset 360 days(minimum holding period) Rules 1.
If you hold your investments for one year, you won't have much to pay, in regards to commissions or taxes.
In fact, the government will only get 15 percent of the earning made.
There are a few red on here but common sense would dictate you would never have picked those for they were in the housing industry which everyone knows was going downhill.
Stocks which had the highest gains, we're talking gains of 80 percent and over, were steel and oil stocks.
You may be asking yourself, "How could I have gotten into these stocks? The answer is very easy.
When you get the results mentioned above, you would just have to go to M.
S.
N.
or Yahoo.
While at these sites you would need to locate the sectors which currently have the lowest "P.
E.
ratios" with the highest earnings yield, cumulatively, over the entire sector.
Steel had an industry average 7 "P.
E.
ratio.
" This would be a "no-brainer" buy.
While I respect short term trading there is a reason why the wealthiest men in the world are investors..
The greatest trader of all time "Jesse Livermore" lost it all and shot himself.
As a trader you'll never catch all of the massive upwards moves.
It could be argued that value investing is the bet way to make money consistently over long periods of time.
Let's not forget how a lot of people ridiculed Warren Buffet because he avoided buying tech stocks back in the '90's.
I doubt anyone would criticize him for that decision today.
Warren Buffet is currently worth a measly 6 billion dollars less than Microsoft's Bill Gates.
If Warren Buffet lives for another 5 years it's probable he will take the wealthiest man title from Bill Gates.