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Would I buy a GM car? No. But GM stock? #5253081 10/29/19 12:33 PM
Joined: Aug 2018
Posts: 598
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wdn Offline OP
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Joined: Aug 2018
Posts: 598
Yes.

Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253088 10/29/19 12:38 PM
Joined: Sep 2004
Posts: 23,383
Mr Nice Offline
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Posts: 23,383
Nothing wrong with GM vehicles....

I would not buy GM stock.

Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253111 10/29/19 12:59 PM
Joined: Feb 2017
Posts: 101
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benhen77 Offline
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Joined: Feb 2017
Posts: 101
Meh to the cars and the stock right now.

That said, would have been cool to scoop a bunch of stock up during the last crash. Decent returns there.


2012 Kia Forte EX 2.0 I4 6AT 49k- Valvoline Synpower 5w20
1994 BMW 530i, 5MT 201k M1/Castrol 0w40
2009 Honda Accord 2.4 I4, 5AT, 178k- RP 0w20
2004 BMW X5 4.4l 239k- M1 0W40 FS
Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253119 10/29/19 01:05 PM
Joined: Jul 2005
Posts: 33,375
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demarpaint Offline
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Joined: Jul 2005
Posts: 33,375
I'll pass on both.


God Bless Our Troops

Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253130 10/29/19 01:13 PM
Joined: Oct 2014
Posts: 1,312
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KGMtech Offline
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Posts: 1,312
I have never owned a GM vehicle, not any real reason, just that each time I was in the market, their products didn't compete well. Tried a few, rented many. I've had many Fords, and they have been okay but with a few duds.

I wouldn't recommend any automotive stocks. I think there is far too much capacity in the automarket, and with the switch away from ICE to battery / fuel cell / other motive power...it might take 20 years before a clear winner is decided. Next 10 years will be chaos me thinks. Add in the current 14-25 year olds in urban areas don't have much passion for car ownership, they prefer public transit or Uber to owning.


2017.5 Nissan Rogue SV FWD
2013 Nissan Maxima SV
2009 Ford Flex SEL FWD
1984 Yamaha XJ750RL
Re: Would I buy a GM car? No. But GM stock? [Re: demarpaint] #5253138 10/29/19 01:18 PM
Joined: Feb 2014
Posts: 3,376
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Lolvoguy Offline
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Originally Posted by demarpaint
I'll pass on both.

+1


06 Lexus IS350- Wife
88 BMW 325is- Mistress
Say "no" to Turbo!
Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253140 10/29/19 01:18 PM
Joined: Feb 2003
Posts: 8,959
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Cujet Offline
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Posts: 8,959
I owned many shares of GM stock before the bankruptcy. Lost everything. I won’t be burned twice by them.


People who count on their fingers should maintain a discreet silence.
Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253164 10/29/19 01:34 PM
Joined: Oct 2017
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MParr Offline
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Posts: 1,210
Neither


2019 VW Tiguan SE Now: Mobil 1 ESP 5W30 & OE VW/Mann
2017 Ford Escape SE 2.0T Now: Motorcraft 5W30 SynBlend & NAPA Gold 1348
Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253176 10/29/19 01:44 PM
Joined: Sep 2019
Posts: 54
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IronMaidenRules Offline
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Joined: Sep 2019
Posts: 54
I prefer to give money to an auto manufacturer whose employees actually want to work.


'04 Mazda6 V6 wagon 5-spd.
'88 Dodge Daytona 2.5 5-spd.
'95 Ford Taurus SHO 5-spd. SOLD
'15 Mazda5 autotragic
Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253187 10/29/19 01:52 PM
Joined: Jul 2018
Posts: 112
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dippschtick Offline
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I possibly would by a stock C8 Vette. But only if I had money to burn.

Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253192 10/29/19 01:56 PM
Joined: Mar 2017
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PimTac Offline
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I would own neither one.


2017 Mazda CX5
Havoline Pro DS 0w20
Roki OEM filter.
Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253195 10/29/19 02:03 PM
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wdn Offline OP
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My GM stock that I bought 3 weeks ago is already up 12% as of today. It's rated 'greatly outperform' by Charles Schwab.

Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253211 10/29/19 02:21 PM
Joined: Sep 2004
Posts: 23,383
Mr Nice Offline
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Good to see strike over and GM assembly lines open again. 👍

Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253216 10/29/19 02:23 PM
Joined: Oct 2006
Posts: 9,208
grampi Offline
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I owned GM stock at one time. I won't again, but I would own a Corvette...

Re: Would I buy a GM car? No. But GM stock? [Re: wdn] #5253217 10/29/19 02:24 PM
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Posts: 464
MrMoody Offline
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I would say the stock is much riskier than the cars. At least the cars have some kind of warranty.


2018 Hyundai Kona 1.6T DCT
2006 Pontiac (Holden) GTO AT
2001 Pontiac Grand Prix GT 3.8 NA (beater)
2005 Toyota Matrix FWD (ultra beater)
"Fob" and "Noack" are not acronyms.
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