2007-04-18 09:28:43 · 5 answers · asked by Movinonup 4 in Business & Finance ➔ Investing
That's tough one maybe GE or McDonalds
2007-04-19 07:30:20 · answer #1 · answered by utob 2 · 0⤊ 0⤋
There's a bunch of stocks out there that are trading really low right now.
The people that are telling you about investing in CDs don't trade so they can't tell you anything about earning money on stocks.
Here's a few quality stocks trading low right now.
Of course there are risks.. and you'll notice your investments rise and fall and that's when you need to use your investment skills to buy and sell.
Ebay, GE, PEIX, HD, LOW, INTC, CSCO
These few stocks will probably give you more than a cd does in less than 1 year.
Capital gain is taxed up to 15% like CDs unless you're trading inside an IRA or a 401k. They don't tax you annually if you're trading using your retirement account contributions.
By the way the Dow is at an all time high right now at 12,803.84.
2007-04-18 09:42:27 · answer #2 · answered by Geeeyaaa 4 · 0⤊ 0⤋
I wish I could give you a really good answer. The fact of the matter is there is no guarantee to making money. The safest route is to place the money in a 3 month CD. It won't pay much, maybe 3.5% but that is better that going with stocks where you end up paying heavy fees which you ebd up loosing money overall.
2007-04-18 09:38:18 · answer #3 · answered by ttpawpaw 7 · 1⤊ 0⤋
Your holding period of 90 days pretty much restricts you to a CD.
That's the best advice...
2007-04-18 11:20:05 · answer #4 · answered by jw 4 · 0⤊ 0⤋
You know you have to pay taxes on any gains.
2007-04-18 09:36:55 · answer #5 · answered by Anonymous · 0⤊ 0⤋