How Not To Invest -- September 13, 2024

Locator: 48583INVESTING.

On CNBC right now, a buy-side analyst is still bullish on Boeing. He says his company put Boeing on its "buy list" one year ago, and continues to recommend Boeing. In the past year, apparently, Boeing stock has lost 40% of its value. And now the machinists overwhelmingly voted against the new contract and are out on strike.

If this guy is still invested in Boeing .... oh, wow, what can I say?

It seems there must be a better way to invest than ... well, whatever he's doing. 

I was going to write more but I don't even know where to begin. 

I guess I would think along these lines if I wanted to still remain bullish on Boeing. I would play "would I rather" while waiting:

• pencil in the amount of cash I would want to invest in Boeing as my starting position;
• then, pick an equity (alt A) other than Boeing, and ask would I rather, at this point in time, with a six-month time frame would I like to put that cash into Boeing or in "alt A."
• then, whether it's Boeing or "alt A" play the game again, this time against "alt B.
• then, repeat.
• repeat six times.
• following the sixth iteration, put that penciled-in cash to the equity that is "still standing."
• Then, follow the Boeing story closely and play the game again every six months.

The biggest problem I have with starting a position in Boeing now or continuing to hold Boeing now is this: it's not as if one's only choice in the equity market is Boeing. There must be a ton of companies that are "in trouble" but have incredible potential. It seems there must be some alternatives to Boeing that meed all the criteria for holding Boeing now, but are better alternatives. 

Wow, I can think of a hundred alternatives to Boeing, and all of them pay a dividend while waiting.

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Disclaimer
Briefly Reminder 

• This is not an investing site.
• I have no formal training or education in anything financial.
  
• I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.