Anything out there that will do wonderful things?
2006-11-13 06:44:05 · 3 answers · asked by stickyfingaz 2 in Business & Finance ➔ Investing
short term
2006-11-13 06:46:30 · update #1
Well, if you already have an account set-up with a brokerage house you should have access to research functions. If not, then the first thing to do would be to set-up an account (I would suggest sharebuilder.com myself). You might need to define short term. It would also help if the dollar amount available is known. I'm a big fan of treasurydirect.gov. That site allows you to purchase government backed securities (t-bills) that are short term (4 weeks, 13 weeks, 26 weeks). The interest rate is 5% and the money is state tax free so that's the equivalent of earning 7-8% in a taxable account. As far as specific stocks go, I would be very wary of taking anyone's word on "hot" stocks. So please be careful. This is just a broad brush stroke answer. I work in the industry (though not at sharebuilder) so if you'd like more details or have additional questions feel free to drop me a line. Good luck!
2006-11-13 09:17:36 · answer #1 · answered by Steve S 2 · 0⤊ 0⤋
Powershares' PDX Nanotech index.
Drat, I didn't read the "short term" part. Oh well, COP has done really well for me, maybe they aren't through. Boeing might be interesting now that major competitor Airbus has begun falling apart.
2006-11-13 09:46:03 · answer #2 · answered by Rabbit 7 · 0⤊ 0⤋
Don't do it!
2006-11-13 06:51:04 · answer #3 · answered by retorik75 5 · 0⤊ 0⤋