What are some key things to invest in right now!?? Please I'd like a little help
2006-12-24 14:10:18 · 6 answers · asked by bboyballer112 2 in Business & Finance ➔ Investing
Its not about whats going on rite now. If you buy great company's and hold them, you will make A LOT of money. I know it sounds strange, but investing in companys like General Electric or Exxon Mobile, is a great way to become a partner in a wonderfull business. I particularly like to buy large blue chips, but everyone is different. Take the Automobile industry for example, if you pay attention to who is growing to be larger (Toyota) and who is shrinking (General Motors) you can find companys that will provide you with mass amounts of wealth, and maybe steady income too.
Good luck
2006-12-24 16:58:50 · answer #1 · answered by dkwr14 3 · 0⤊ 0⤋
I would have to agree with the last post. Mutual funds and/or ETFs (exchange traded funds) that invest in foreign securities are definitely the hot spots right. If you take a look at the performance for the last 5 years or so for some of these foreign funds especially in Europe, Asia, and Latin America, they have outperformed the market. Though, I would really do my research before I decide on an investment. Good luck.
2006-12-24 14:29:46 · answer #2 · answered by Anonymous · 1⤊ 1⤋
I like alternative energy. I especially like Gamesa (GCTAF.pk) and Energy Conversion Devices (ENER). ENER makes solar panels, batteries for hybrid cars, and a hydogen storage system. Here is a link:
http://top10traders.com/ViewPost.aspx?postID=197
This 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.
2006-12-25 01:02:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Mutual funds specializing in Latin America, Emerging Markets, China, Gold stocks, European large cap.
2006-12-24 14:20:48 · answer #4 · answered by Richard E 4 · 0⤊ 1⤋
Foreign curreny. The Chinese Yuan and the Philippine peso really look good. They are both expected to rise dramatically within 2007.
2006-12-24 16:43:19 · answer #5 · answered by Regidor P 2 · 0⤊ 1⤋
Your question and the answers below prove that we are currently in bull market which (!) won`t last forever.
2006-12-24 18:19:48 · answer #6 · answered by efpol2000 2 · 1⤊ 0⤋