I'm going into working with the stock market... looking over stocks I have seen that banks have been most dependable with their market cap. what is your opinion? Are they a dependable stock or is there something better?
2006-12-12 00:53:30 · 9 answers · asked by Anonymous in Business & Finance ➔ Investing
Unfortunately, the answer is probably Tobacco .
US Tobacco was the most profitable public company of the 20th century. It had a near monopoly on smokeless tobacco. With inelastic demand, monopoly pricing, extremely low costs and an addicted customer base, they made enormous amounts of money. They were not as exposed to anti-tobacco litigation, though have recently had some anti-trust problems.
This company is what the cocaine cartels would look like if we could see their books.
2006-12-12 02:39:06 · answer #1 · answered by Ranto 7 · 0⤊ 0⤋
The way I read your question is that you are probably going to take a big hit at the moment. How are you choosing your stocks? By sticking a pin in? Stop trading and read a bit, forums, financial mags, financial press. Try and get some reasoning into what you are doing. Is this a good stock? Is it looking cheap or expensive (chart, volumes etc.). Why am I buying this stock? Is this reasoning still holding up? Should I be selling or holding? At least have some idea what you are doing and why. Advice for a beginner: do the opposite of what you are thinking of doing (or are being told to do), you will have more success!
2016-05-23 08:28:51 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Which Stock Market? That's the most important factor. Bankers are not reliable because they are opting for mutual funds whichever is profitable as they assure a fixed and high interest rates to the holders.
Petroleum and Steel are the good one at present.
2006-12-12 01:14:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Dependable a bad word as does not fit the subject. Banks strongly influenced by inflation/interest rates. If either high banks suffer. They are not good total return stocks. Diversify - that is something you can depend on. ADX, PEO, EWA, IAU(not too much gold), EAF a solid start.
2006-12-12 02:42:43 · answer #4 · answered by vegas_iwish 5 · 1⤊ 0⤋
Diversify, gold stock, oil/energy stock, technology stock and financial stock.
2006-12-12 05:27:32 · answer #5 · answered by Anonymous · 0⤊ 0⤋
oil, energy stocks
2006-12-12 00:55:26 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I agree with gold. Go gold!
2006-12-12 02:46:14 · answer #7 · answered by floozy_niki 6 · 1⤊ 0⤋
gold.
it rarely fluctuates wildly but appreciates reasonably over time.
2006-12-12 00:55:31 · answer #8 · answered by fivehundredmonkeys 2 · 1⤊ 1⤋
life plans!!!!
2006-12-12 00:55:57 · answer #9 · answered by ryan g 2 · 0⤊ 0⤋