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2007-05-07 09:19:16 · 8 answers · asked by Anonymous in Business & Finance Investing

8 answers

Don't buy individual stocks, there is too much risk. Buy mutual funds and ETF's. Also use stock option, I have made thousands off of them. It does however require predicting which direction I think the stock will go in a certain time period.

2007-05-07 09:52:35 · answer #1 · answered by Anonymous · 0 0

People who actively search for good deals generally underperform the market as a whole, research prooves it. Very few people outperform the market consistently. Passive funds that mimic an index outperform active funds, research has proven that. So I would suggest investing in an index fund, its well diversified and thus pretty safe.

If you are hell bent on investing actively, then you need to find undervalued stocks, not blue chip stocks. Undervalued stocks are not specific to an industry, unless the industry is booming AND people in general have not alrealy increased the price of those stocks because they believe it to be booming. You can invest in a growth company only if that growth is not already factored into the price. Research shows that value stocks outperform growth stocks. Warren Buffet is a value investor

2007-05-07 16:43:23 · answer #2 · answered by shedevilish 1 · 0 0

I like China Mobile (CHL). The stock is great because it's not only a play on China's exploding economic and population growth, but it's also a good play on the falling dollar. With the nice divvy yield and the Olympics being held in China next year, I see this stock going from $46 to $60 easy. And you get the divvy (3%) to boot.

With China being a communist country, this company is protected by the government, so that is good also.

I also like these names in various sectors: EBAY, MOT, WPT, CAH, APOL, NJ, VICEX, GCH.

You definetely want to be in a Chinese name right now. The stock market there is going off and will continue to do so. If you are scared to pick one name, go with the Mutual Fund called Greater China Fund (GCH). It's cheap and pays out about 10% in dividends. It holds all the major Chinese names so it's a good way to invest in China without putting your money in one name.

Another mutual fund I like is the Vice Fund (VICEX). They invest in gaming, alcohol, tobacco, and gambling stocks. I think it's a great fund and recession proof.

Good Luck!!

2007-05-07 18:57:24 · answer #3 · answered by Anonymous · 0 0

I like (and own) AAPL which is in the NASDAQ. With the revolutionary new iPhone coming out next month, it is practically bound to do very well.

2007-05-07 16:45:03 · answer #4 · answered by zander1331 3 · 0 0

Avoid getting investing advice from people you don't know. In general, companies listed in NASDAQ seem to be doing well.

Determine what your purposes in investing are ... short term, long term, high risk, low risk, how much you're willing to risk, etc.

2007-05-07 16:32:50 · answer #5 · answered by jdkilp 7 · 0 1

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2007-05-08 03:25:28 · answer #6 · answered by Anonymous · 0 1

not the ones I buy

2007-05-07 16:28:55 · answer #7 · answered by Jo Blo 6 · 0 0

You want to buy low and sell high. Most poeple buy high than cry. http://charting-the-market.com/

2007-05-07 16:48:13 · answer #8 · answered by SMEAC 4 · 0 1

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