long term
2006-09-12 02:46:24 · 8 answers · asked by john e 1 in Business & Finance ➔ Investing
Some definite wiseguys answering your questions.
100 shares of BRKA will cost you over a $1 million to buy, so you'd already be a millionaire to own them.
MON isn't too bad, but there are a lot of other stocks that should do better in the long term. Metals should be good for a while. It's had a correction recently, but that doesn't change the demand on them from Indochina or Chindia.
There's been a developing middle class in both countries who want the things that Americans have. They want cars, sneakers, gadgets, etc. And what do you need to build many of those things? Metals and other commodities. So a Phelps Dodge (PD) copper, or Titanium (TIE) or Inco (I) nickel, will probably do fine over the LONG term. Or perhaps Uranium (CCJ), if you want to go that route.
Shorter term (through end of the year), I like AAPL, AEOS, KSS quite a bit at the moment!
Hope that helps!
2006-09-12 08:25:59 · answer #1 · answered by Yada Yada Yada 7 · 2⤊ 1⤋
Look around you and take note of the things you, your family, friends and neighbors buy.
What are the things that last, that are useful?
That is your starting point.
Consider the everyday items: medical/health, food, clothing, durable goods (i.e., washers, stoves, etc...).
Then do some research which companies have been doing well, despite the current state of the economy.
Look for those businesses that have a good return and pay dividends.
And finally, when you do buy stock, make sure that the dividends are re-invested into that stock (you'll save on broker fees this way).
2006-09-12 09:54:04 · answer #2 · answered by docscholl 6 · 1⤊ 1⤋
There are many good stocks, you just have to do your homework, and I promise you, recommendations from the internet is not a good way to pick stocks.
1. Check out the company, make sure it is financially solid.
2. Buy low
3. Sell high
Okay, one stock I do recommend, Berkshire Hathaway Class A shares. (BRKA) I guarantee that if you buy 100 shares, you will be a millionaire.
2006-09-12 10:02:25 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Its a matter of opinion...You asked in the right place to get many opinions !!
I suggest you look around to what your family, friends, and people around you use every day and then check out companies that have to do with that particular item. I love power companies such as electric & gas. There are many in every state, some doing well, some not doing so well, so read up on them... call some,, ask for their "prospectus" then take the plunge.
Remember : Investing isn't risky... fear and negetivity are what is risky... they keep you forever backing away from opportunity! : ) Happy money making!
2006-09-12 09:56:22 · answer #4 · answered by Kitty 6 · 0⤊ 1⤋
Monsanto is a terrible stock. They create Genetically Modified foods! Stay away from this company.
2006-09-12 09:54:06 · answer #5 · answered by bajoverga 2 · 0⤊ 2⤋
My advice: only listen to people who have proven that they make money in the stock market.
Ideally, you're looking for someone with a track record audited by an independent third party, like here:
http://www.inside-alpha.com/support-files/ifsa_perf_summary_2003-2005.pdf
http://www.inside-alpha.com
Let's make money!
Good luck
Marc
2006-09-12 21:13:21 · answer #6 · answered by Marc H. Mayor 2 · 0⤊ 1⤋
monsanto [ symbol - mon ] ---- only the uneducated won't invest in this quality stock !!!
2006-09-12 09:53:01 · answer #7 · answered by Jack Keller 1 · 0⤊ 1⤋
why would you even want to ask a question about stocks???????????????????????????????????????????????????????????
2006-09-15 23:17:33 · answer #8 · answered by Anonymous · 0⤊ 0⤋