I received the latest edition of Fortune magazine and they are listing the "Best Stocks" for 2008. One of them is St. JOE (JOE, $28).
As many of you know, I know nothing about stocks, what I do is REI, but I was reading this article and this company sounds very interesting.
This company is the largest private landowner in FL and they are valuated right now at $3,700 an acre (I've invested in FL before, I know this is a great price) for 710,000 acres of FL real estate, and 310,000 of those within ten miles of the coast of the Gulf of Mexico. This caught my attention so I'd like to know more about this company.
The reason I like it is because the projected 33% population increase for FL, so this price per acre sounds like a bargain to me, so this would be a long term investment for my portfolio.
Other than their website and google finance, what should I do to start researching it so I can make a decision whether this is a good buy for me?
Thanks in advance for your suggestions/comments.
As many of you know, I know nothing about stocks, what I do is REI, but I was reading this article and this company sounds very interesting.
This company is the largest private landowner in FL and they are valuated right now at $3,700 an acre (I've invested in FL before, I know this is a great price) for 710,000 acres of FL real estate, and 310,000 of those within ten miles of the coast of the Gulf of Mexico. This caught my attention so I'd like to know more about this company.
The reason I like it is because the projected 33% population increase for FL, so this price per acre sounds like a bargain to me, so this would be a long term investment for my portfolio.
Other than their website and google finance, what should I do to start researching it so I can make a decision whether this is a good buy for me?
Thanks in advance for your suggestions/comments.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
