Jorgensens on Money - Free Discussion Site

Top 3. Apr 16, 2000 9:14 PM

» JackSwanson - Jorgie...

Jorgie...you're awesome baby....awesome!!!!!!!!

-- posted by JackSwanson

http://www.broadcast.com/shows/thejorgen...

Top 4. Apr 30, 2000 8:12 AM

» Kirk - Jorgensens on Money are on now

Jim just said the market has three parts
Bulls, Bears and Befuddled(Confused)

He says he expects the market to go higher.

Show is on 8AM - 11AM PST

Plans to talk about MSFT on today's show.

-- posted by Kirk

Top 5. Apr 30, 2000 8:45 AM

» Rande - If we're being honest, befuddled should represent the majority.

If we're being honest, befuddled should represent the majority. Bull, bear, befuddled -- what difference does it make. Set the allocation and stay the course, it'll all work itself out eventually. Twenty years from now young investors won't care a whit about the then long-gone Greenspan. Thriving businesses will live on.

-- posted by Rande

Top 6. Apr 30, 2000 8:53 AM

» Kirk - Don't invest overseas

This is very different but Jim is now explaining why he does not invest overseas. This is certainly a minority position but he makes much sense... most investments there have underperformed and he likes to make money. Hard to argue with that. We DO have better accounting here in the USofA. Then again, BOWG is a Canadian company and Nokia and other great stocks are outside the US. Be interesting to call and ask how he feels about buying individual foreign stocks.

-- posted by Kirk

Top 7. Jun 19, 2000 7:18 AM

» Kirk - Super 8 is up 11.6% YTD

Salient features of these portfolios:

Buy and Hold, no market timing involved;
"Technology Paradigm" companies. Much like the Motley Fools "Rule Maker" portfolio.

These are 8 stocks that they buy and hold. In their monthly newsletter they tell what stocks look like a good value to add new money to.

The 8 stocks are:

EMC,INTC,PFE,IBM,MRK,GE,JNJ & MSFT

Only 2 sectors. Jim has no banks in this stock list but does have bank mutual funds in his long term model portfolio.

Jim's message to his listeners is to not time the market and you can get a nice portfolio of individual stocks to add to your S&P500 Mutual Fund. Unlike most advisors, Jim HATES foreign stocks and funds and is all in the US with his money.

Someone might want to check my numbers for YTD as I may not have it quite right

Overall, great relative performance considering the markets themselves are down!

-- posted by Kirk

Top 8. Jun 25, 2000 10:37 AM

» Kirk - 6/25/00 Summary

Original post

Author: DellaO
Date: June 25, 2000 10:23 AM
Subject: Market Prediction

This morning Jim Jorgenson predicted that the fed would not raise interest rates and the market will soar. Actually, that goes along with BB's prediction of the Nasdaq still having more upside ahead.

Jim is old enough to be BB's father and has been around wallstreet most of his life, and he never recommends market timing over the long or short run

(BB="Bob Brinker" a noted market timer)

-- posted by Kirk

Top 9. Jun 25, 2000 10:54 AM

» Slick - Super 8

I thought I also heard him say his Super 8 portfolio is up 15% for the year ( nice) and without MSFT, would be 25%! And , as we all know, "Bill"(Gates) is making a strong comeback ( hopefully). Seems the old geezer(Jorgy) still has some market savvy left in him. (;>)

Slick

-- posted by Slick

Top 10. Jul 30, 2000 9:31 AM

» Kirk - Jim on QQQ

Jim Jorgensen just took a call on the QQQ trade! Amazing!

Jim says for the long term, he likes it and would just hold. That in 5 years from now, the QQQ index will be way above where it is now and that short term is just noise. Short term, we might have problems.

Richard is saying that if you are too heavily into technology stocks, then now is a good time to consider diversifying…. Funny, but Richard is a bit late on this one! Still, it will turn out to be good advice should we get a bear market and Jim and Rich Jorgensen STRONGLY advise against short term trading. Many on TV are saying the same thing as Rich and I think this is causing some of the headwind trouble in QQQ.

then

Next Caller: "Are we in a bear market?" He said he called another host and the host said "we are in a bear market and it will be a 'long, long time until we get another time to buy'" and that the other host said "qqq may lose up to 70%!!!"

Jim answers that HE owns stocks that are WAY up like Intel and EMC and he has plenty of cushion and he is VERY bullish on his stocks and the market in general.

-- posted by Kirk

Top 11. Jul 30, 2000 10:19 AM

» Kirk - Guest John Boogle

This is worth listening to the archieves
http://www.itsyourmoney.com/

John Bogle of Vanguard fame was Jim and Richard's guest near the end of the 2nd hour.

John said if young, go 100% into index stock funds. He said if 65, then go 50:50 stock:bond INDEX funds for both.

They talked about "Exchange Traded Funds" and you could tell that John was against the idea as these are mostly trading vehicles to generate commissions and he didn't think this is where Vanguard helped people (reading between the lines.) I bet this is where he came at odds with the present chairman of Vanguard and why the board forced him asside... they have to make money for shareholders and these will do that.

Bogle has a book I highly recommend here...
http://pw2.netcom.com/~kirk_69/MyBookLis...

John also mentioned a Letter to the Editor he has in Today's NY Times where he comments on them stopping the contest between Bogle and his index funds vs. the top mutual fund managers in the country. He is kicking their rears and he thinks advertising on the Times might be the reason to stop the contest! No! 8)

Maybe someone can find the letter and publish it here?

-- posted by Kirk