Re: Financial ? about Ag. cos.

Posted by Indydirtfarmer on January 12, 2004 at 03:34:44 from (66.83.236.250):

In Reply to: Financial ? about Ag. cos. posted by Clint on January 11, 2004 at 19:06:01:

Right at the moment, Deere is in the best position, financially. That isn't to say they're booming. Also keep in mind that their present financial position doesn't indicate that the FUTURE will hold any major gains. They are a stable firm. Their stock value won't drop much, if any. Likewise, it won't leap upwards anytime soon. They are a good example of "Long-term investment stock" My father bought $1000(+) worth of Deere stock, in my name, when I was 2 years old. I'm 46 now. It's worth WAY MORE than the original $1000. It took 44 years to develope into what it is today. You aren't going to make a big gain, in a short time with ANY AG stocks, in the foreseeable future.
The best time to buy a stock, if you intend to make money, is when it's down in value. Then you have to be either lucky, or very smart, and ride things out, as the stock (company) rises in value.
It's the basis of ANY successful business venture.........Buy low, sell high. JMHO. John

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• Re: Re: Financial ? about Ag. cos. Shane 12:37:06 01/12/04 (0)

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