Tuesday, December 30, 2008
Ford vs GM
I am fairly new to investing in the stock market, but I have been watching from the sidelines for years. One thing I do understand is a lot of investors utilize emotion to influence stock picks. GM and Chrysler went begging from money from the government to continue doing business and Ford did not, instead opting for a possible smaller loan in the future if the other two go belly up. That gives me more confidence in Ford. They are in better shape financially. If this is true, why is GM stock outperforming Ford. Is it just because people think the government Will bail out GM forever? They will be back asking for more money next year. The billion that they are getting this year is just to get them through this year. So, please if you know or think you know why GM stock is doing better than Ford please tell me. Leave a comment! I really would like to make money and stocks are cheap now. Tell me what you would buy or not buy. Tell if you would stay out of the market right now, and if so where would you put your money to get a decent return. I know people read blogs to get advice, but I read a lot of blogs and the comments are full of "this is what I am doing". Let me know!