benn hearing a lot of good things about Sears Holdings. Any other sure bet, long term stocks. I want to get into one as I have limited amount of money. Another one I heard of is goggle - which one is better? any suggestions? THANKS!
2006-10-19 12:06:46 · 11 answers · asked by denise c 1 in Business & Finance ➔ Investing
Rule #1, don't take blind advice.
Now to your question.
Several questions you have to ask before picking any stock, or you will be in the market with no reason.
Why do I like the stock of interest?
How long will I hold this stock, is it a trade or an investment.
If a trade, what is this stock supposed to do for me to gain
If investing, are there any other stocks that offer better long term possibilities? (Upside potential, dividends, etc)
When you answer these questions, you then be able to buy any stock and know you made the right decision.
If you want a good book on how to appraoch the market in laymen terms (Jim Cramer's Real Money)
My credentials...MBA in finance and securities analysis, registered rep, finance manager, etc Its all about the money.
I will not provide you a single recommendation, but you can look at mine and maybe see the decisions being made so that you can be more informed in your choice.
Some of my positions for the long haul...BAC (pays good dividends, has excellent profitability, good leadership, and lower P/E than the rest of the rivals) HD, undervalued considerably...look at the real-estate they sit on, they are considering selling it and doing a lease agreement. Small dividend, largest game in town and housing is rebounding. TSP if you do developing country stocks, they are the ATT of Brazil.
Look at XJT, it is climbing probably to about 8.5. Consider PALM to about 20 in the short term. I am thinking about Apple on their next dip. Google is a bit riskier because their P/E is so high, but the upside is tremendous with China.
Hope this helps
2006-10-19 17:32:19 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I wouldn't jump right in to it. Research the issues first and be certain that any money invested is money that you can afford to lose. Remember, all investments in the market are not winners. Some lose big time. First hand, you should have 3-6 months of funds available in an accessible account for emergency funds. Don't ever go without this if you're going to invest in the market as that rainy day could be just around the corner. Literature from brokerage houses or the NYSE could be a place to start learning.
2016-05-22 03:26:30 · answer #2 · answered by Anonymous · 0⤊ 0⤋
SHLD is a VERY well run company. It's near a high now, but should go further.
However, if this is your first purchase, look at VTI, as someone suggested. It's an inexpensive total market index. While the money is in there, learn about investing.
Be wary of stock tips from online sources. There are some reliable ones (Jim Cramer for one), but there's a lot of scams out there.
2006-10-19 13:44:53 · answer #3 · answered by ckm1956 7 · 0⤊ 0⤋
They are now getting hammered, do you think Ford is not a valuable brand ? They make the best domestic car still, after all these years. At $ 8 a share, I want to try about 25% of my risk tolerance, knowing it may be 3 years or more before it comes in,
CAT is well positioned short and long term, HD has given me a lot of good luck, wish I could have put you in MOT 4 months ago.
2006-10-19 12:22:17 · answer #4 · answered by The Advocate 4 · 0⤊ 0⤋
You are making the "typical" error made by new investors.
#1; Getting advise from anyone... especially strangers with no credentials...... that's just crazy.
#2; All your eggs in one basket thinking... vs an "asset allocation"
#3; Thinking there are "sure bets" is going to kill you in investing (greed kills in investing)
Consider buying a broad based index "ETF" to start. the S&P would be a good start. Learn the market. Learn investing. Read.
Two symbols to check out: SPY and IVV.
2006-10-20 01:00:47 · answer #5 · answered by Common Sense 7 · 0⤊ 0⤋
sears $100+ stock google $400+ per share. and sears is NOT a sure bet (then again neither is google) personally i don't like either one for first timers i would look at mutual funds first (especially no load/no extra sales charges attached to them) before going to one stock.
2006-10-19 19:19:49 · answer #6 · answered by Anonymous · 0⤊ 0⤋
yes for good long term gain and healthy dividends, stick to blue chips and watch as often as you can. besides sears, another strong one is T (At&t) - i personally have done well with RTN (raytheon - a defense stock) and GTY (Getty Realty / a quiet NYSE stock with a strong future)/good luck.
2006-10-19 16:10:21 · answer #7 · answered by Anonymous · 0⤊ 0⤋
If you have the money, I would go with a mutual fund. It will be more flexible during down times. You also have your money pooled with other investors so better combinations of securities can be used to your advantage.
2006-10-19 14:00:32 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Sears is a solid choice. Do your own due diligence and trust your instincts.
2006-10-19 14:53:04 · answer #9 · answered by howardrourke 3 · 0⤊ 0⤋
That sounds good but at&t would be a better stock to start to start out with..................................... Because it will offer you a greater diversity and it will be a lot easier to follow.
2006-10-19 12:17:30 · answer #10 · answered by kilroymaster 7 · 0⤊ 0⤋