Ail said:
So you would rather have Nintendo share that are down 53% off their peak and pay a paltry 2.8% dividend ( that's what they paid in 2008) or Amazon shares that are up 50% over the same period.
If you bought 100$ worth of Nintendo at the beginning of 2008 you have roughly 50$ or so now. If you bought 100$ worth of Amazon at the same time you have about 150$ ( but no dividend payed to you).
Oh and Nintendo makes about 2-3 billion$ of profit a year, Amazon makes 600 million of $ a year of profit....
Heck if you bought Microsoft share at the time you bought your 100$ of Nintendo, you still would have 80$ or so...( and the share is climbing the last 6 months, Nintendo isn't..) And if you bought Sony shares you still would have 55$ or so.... |
Yes, but if you thought the Wii and the DS were gonna be HUGE success back in 2006, just like me, and bought some shares back then, they went up 400% to 500% in two years... and now are back to 200%-250% "only", mainly due to the global recession...
Nintendo's profits used to be very stable for a long time: a little more or a little less than 1 billion each year for almost 25 years, with no loss ever... it changed in 2007, 2-3 billions... and then in 2008, 4-5 billions... even if they go back to "only" 2-3 billions this year, it's always way better than the average profits of a company that has always been considered as one of the most safe investment on Earth...
I hope you don't study economics, or don't want to be trader, because you really should learn first...
Back to the topic, i still don't agree with most of the statements made by Ail and by Avinash_Tyagi: i think you're both wrong...
But as i've already posted nearly all my own "arguments" before in this thread, i won't do a copy/taste or won't waste my time: your discussion could be endless, and useless anyway, as we won't agree, and you won't agree with each other...

"A beautiful drawing in 480i will stay beautiful forever...
and an ugly drawing in 1080p will stay ugly forever..."







