Since you will be paying ordinary income taxes on holdings of less than one year, whatever you pick hold it 1 yr and a day and you will then pay Capital gains taxes of 15%. Assuming you are at the lowest tax rate of 20% thats still a 5% additional profit for just 1 day. Anyway pick a stock likely to continue producing good results like an oil stock
2006-08-28 17:06:06
·
answer #1
·
answered by mglee1966 2
·
0⤊
0⤋
Any good stock, but I would probably use a CFD when the market falls and starts rising. Etrade UK has CFDs, as well as some other good companies. I would not recommend using CFD services with less known companies because there are still a lot of scams in this area.
Also, there is a company called Maxwell Capital that has emerging markets mutual funds with yields up to 220% in the period of last 1.5 years. Although the number sounds a bit funny, the company is reliable. I am not sure that it will continue giving such profits, though, maybe it was just a strike of luck for them and their investors.
2006-08-28 18:07:33
·
answer #2
·
answered by Duke 1
·
0⤊
0⤋
Safe investment = MO (Altria Group) - pays 4% dividend plus will probably rise due to the fact that they are spinning off Kraft and Phillip Morris Domestic
Risky Investment (but may be extremely profitable) = ICOC - no dividend but it has been on a tear lately; good balance sheet, no debt; growth is amazing. Closed just under 6 today, should be in the 8-10 range in 1 yr if all goes well
2006-08-28 17:13:16
·
answer #3
·
answered by armenkara 2
·
0⤊
0⤋
That is one of the really tough questions in investing. Is the stock a good long term investment or is it speculative in nature. If the latter you may want to go ahead and take your profit. If the former, it would be a very big mistake to sell. There are thousands of people who bought Microsoft back in the 80's and took their quick profit and have been kicking themselves ever since. On the other hand if you have a very large position in the stock, it might be wise to take some of your profit since the market has been very choppy lately and may be headed lower.
2016-03-26 23:40:22
·
answer #4
·
answered by Sharon 4
·
0⤊
0⤋
Apple Computers
2006-08-28 17:03:27
·
answer #5
·
answered by Paul P 5
·
0⤊
0⤋
Harley Davidson
2006-08-28 17:02:59
·
answer #6
·
answered by mybluemax1 3
·
0⤊
0⤋
Samuel Adams Beer SAM
2006-08-28 17:03:49
·
answer #7
·
answered by kbraut832 3
·
0⤊
0⤋
I like to invest in Uranium stock Cameco-CCJ
2006-08-28 19:04:03
·
answer #8
·
answered by Pk D 3
·
0⤊
0⤋
Do not ask question like that. Enron problem ring a bell to your ear? cisco,lucent,xoxo, charter communication all go under by invest in one stock. I 'd rather see you susing your money to do something else.
you need to learn how to invest properly. It is inlvoves a lot of stuff like fundamental analysis, technical analysis, market cycle, sentiment analysis, geoplotical risk(oil, Iran, hugo chavez)
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com>... university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 73,000.00 and 30000.00 in taxble account. by follow simple rule
2006-08-28 18:36:03
·
answer #9
·
answered by Hoa N 6
·
0⤊
0⤋
Bristol Myers Squibb. Its trading near its 52 week low. Good cashflow and a good yield. I own it.
2006-08-28 17:41:42
·
answer #10
·
answered by jeff410 7
·
0⤊
0⤋