What is a good stock to invest in longterm?

Question

I want something that is rising pretty steadly.

Answer 1

Consider IBM. It makes really good money (above $5 per share this last year), as a moderately low price/earnings ratio of about 16, and pays you $1 a share dividend. The chart shows a definite upward trend. There is steady computer software and service business and a couple of new directions shaping up nicely. It is in the next big thing for personal computers with partners Toshiba and Sony--playstation 3 is their trial balloon of their multiprocessor technology. Their pioneering nanotechnology work is the basis for an enormous amount of new stuff coming out elsewhere and each of the kachings of those cash registers will be registering patent royalties for IBM all over the place. It is worth a thought.

Answer 2

There is just to much risk with a single stock. Any company, no matter how could the look now, can take a dive for any number or reasons. A competitor has a better cheaper product, an accounting scandal, a patent infringement law suit, the list goes on & on.

Your best bet would be with an index fund. They will track the entire market, so if one company goes down, you won't lose your entire investment.

You should start with a company like Vanguard or Fidelity,. They both offer no-fee index funds.

Answer 3

You have a couple of answers suggesting index funds and mutual funds. In general that is a very good answer for long term investing. If you should choose to take advantage of that advice, I would however suggest that you do not place all of your money into just one index fund or one mutual fund but instead select several different funds with different investment objectives including at least one foreign fund.

Now for my suggestion. Do not pick just one stock. There is too much risk to such a strategy. Long term I tend to lean toward a mutual fund that invests in China. CHN or TDF. The opportunities for growth are much greater in China than in the U S and long term either should perform very well. As an alternative if you do not like that idea, pick a small cap mutual fund managed by Royce Funds or a small cap index fund. Over the long term small cap stocks tend to outperform large cap stocks, which tend to grow only so fast as the economy because they are the economy.

Answer 4

I say--go ahead and invest in the stock market...Even a turtle has to stick his neck out to get ahead!
That way you and your children can see the progress of the whole stock market and grow up getting a feel for what investment is all about.

I would recomend two IDCC and PBR

Other to look at are BAC, CS, SHLD, HDB, IBN

Use Charles Schwab and self direct--for goodness sake don't use a Broker, let the kids and maybe parents learn from this experience!

Answer 5

I recently bought Energy Conversion Devices, symbol ENER. They make solar panels, batteries for hybrid cars and a new type of computer memory. Here is a link summarizing their business:

http://www.top10traders.com/ViewPost.aspx?postID=197

This link is from http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Good luck.

Answer 6

your better off investing in a index based mutual fund - it is tied to the overall value of the market, so that essentially you'll always keep up with the s&p 500 or the Dow Jones average (depending on which you get)

Answer 7

Im new to it all but i did with boeing and its rising steadily. Airbus deal fell through. they couldnt meet the demand so boeing got a bunch of planes sold recently. If airbus keeps hasving the probs it has then boeing should do nothing but go up

Answer 8

Stocks won't rise steady, they'll be bumps but over the long term, you should generally come out on top. With that said, see http://ibooyah.com for investment ideas.

Answer 9

Something blue chip. Someone big like Bank of America.

Answer 10

60% mutual funds,( the s&p 500 ), 20% in municipal bonds ( their is no fed tax on income ) and 20% treasuries ( either t -bonds, bills, or notes, their is not state tax on income )