2006-09-13 14:02:14 · 7 answers · asked by Thomas B 1 in Business & Finance ➔ Investing
Let's see, assuming a Scottrade account and only $7 commission per trade, I'd do this (based on today's close):
Exxon (XOM) 154 shares at 64.70; Citigroup (C) 203 shares at 48.99; GE 288 shares at 34.67; Bank of America (BAC) 193 shares at 51.70; Chevron (CVX) 162 shares at 61.39; ConocoPhillips (COP) 171 shares at 58.14; Microsoft (MSFT) 385 shares at 25.93; MorganChase (JPM) 217 shares at 46.01; WalMart (WMT) 207 shares at 48.07; and Altria (MO) 120 shares at 83.06. That is $99,643.86 plus 70 commissions, totalling $99,713.86 with $286 cash and change.
2006-09-13 15:21:28 · answer #1 · answered by Rabbit 7 · 0⤊ 0⤋
Where I would invest and where you should invest are quite possibly,most probably two different things
Age, lifestyle, risk tolerance, family [or lack of] responsibilities, short and long term needs [college?, marriage?, kids?, health issues?]....just to name a few factors
That being said:
I'd put half in high dividend paying close-ended mutual funds -or ETFs........IAF, IFN, GRE, PEO, GIM, USA...or long term holds...DIA, MDY, QQQQ and the like
the other half, I'd have no more than 10 stocks....diversified areas
with about 10% to 15% international stocks
some to look at
MO, TTM, SYT, HMC, TM, GE, AAUK, DBD, DB, BCS, ERJ, MER, MS, C, DBC, DEO, STZ, VICEX...do your homework.....
2006-09-14 01:14:24 · answer #2 · answered by Gemelli2 5 · 0⤊ 0⤋
20% should go into ETF's through Ameritrade.
10% should fund your life insurance program for your lifetime in Equity Index Life. http://www.joesalvemini.com/life_insurance_quote Also buy disability insurance and at age 45 buy Long-term care insurance for you and your spouse.
70% should go into SAFE MONEY products and they are the following:
1. Fixed Index Annuities ------Where your account value does NOT Decline in Value. -----Where the Credited Interest to your account does NOT Decline in Value. -------Where the interest you earn each year is based ONLY on the Upside of a Stock Index (You would accept a Cap on the Upside of say 8% in exchange for not having your account decline in value, wouldn't you???? I know I would!!!!) The Cap varies by company & annuity and is usually guaranteed for 1 year. Other crediting methods are also available. To Learn more Visit: http://www.jdsannuities.com/index_annuities
By the way, the way the insurance company is able to vary the interest you earn which is based on a stock index is by the use of a derivative for the interest part only.
2. Fixed Deferred Annuities - Where you have a wide selections of multi-year guaranteed rates or for 1 year, 3 years or 5 years. most are 5 to 10 year products. To Learn more and see most of the rates for yourself visit: http://www.jdsannuities.com/annuity_rates
To view the overall website for Annuities visit: http://www.jdsannuities.com
2006-09-14 10:04:43 · answer #3 · answered by Joe the Expert 2 · 1⤊ 1⤋
It depends on your risk profile, and what you intend your money to do for you, there's also the question of your time frame for your investment
2006-09-13 21:25:58 · answer #4 · answered by nasdili 1 · 0⤊ 0⤋
Visit http://net-new.blogspot.com
2006-09-13 23:18:14 · answer #5 · answered by netnew 7 · 0⤊ 0⤋
9/13/2006
20k in gold
10k in FLR stock (Fluor Corp.)
10k in LOW stock (Lowes Corp.)
10k in LVS stock (Las Vegas Sands)
20k in BRK/B stock (Berkshire Hathaway)
10k in LVLT stock (Level Three)
20k in F stock (Ford Motor)
i'll take ten percent of the profit, please. u should be up nicely by year end.
2006-09-13 22:06:10 · answer #6 · answered by Anonymous · 0⤊ 0⤋
copper, gold and silver mining stocks
2006-09-13 21:25:43 · answer #7 · answered by ballmonkeyhockey 5 · 0⤊ 0⤋