2007-05-30 06:19:06 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
Hey! Do your own homework. Do not rely on stock tips. Be independent. Here is how to do it.
Investing in small cap growth mutual funds or stocks. Go here for excellent low cost advice (http://www.aaii.com/aaiiportfolios/comme.
The magic of compound interest will just keep building and building. It really works and if you keep investing every year, in 10 or 15 years you will be surprised at how it mounts up. In 30 years you could be a millionaire which probably won't amount to much in 30 year owing the ravages of inflation.
And that's the primary reason to keep investing in small cap growth stocks - they will flog inflation to death.
Here's the formula...
READ RESEARCH STUDY PRACTICE HAVE FUN
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2007-06-03 04:35:41 · answer #1 · answered by SWH 6 · 0⤊ 0⤋
Well, I've got some reports that NILE (Blue Nile) is something to watch for a big move, and it has already done such. But then one group says dump it and run if you aren't selling it short, while another group says buy with both hands. It has gone up, it has gone down, and it has gone up. Both sides, therefore are probably right, if you can figure out which one to be on. I run some practice portfolios to sort of shake down such advise until I can gather a clear picture of what was behind the offered advice. In the practice portfolio I lost both ways. I shorted and it made gains, then went up, I went long and it went down, last I saw it was up again. Either way, I didn't put real money on it until I figure out the dynamic that will win in the longer run--either way, I see from volumes and the range of the runs that some strong sentiment is behind it, so when it breaks out, whether up or down, it ought to fly. If you guess right, you will be sitting pretty.
Right now, the market is facing a problem with China again, but once that is past, assuming it passes fairly gently (which I'm not so sure it will), then we have enough fundamental factors to think that the American stock market will boom (barring some terrorist or mid-east flare-up again). In that case, do what folks like Bogel and Templeton have been preaching--take it all: look up IYY or ISI or NY. They aren't rockets but more like a reliable 747. Don't get greedy.
2007-05-30 06:45:00 · answer #2 · answered by Rabbit 7 · 0⤊ 0⤋
Go to Motley Fool's (www.motleyfool.com) website. That site can provide some, well uh, fool proof stocks to invest in. Now unless you have a large amount of cash to invest, making money will be a slow process that will require a lot of attention and good thinking.
Here's one stock to look at, though...the symbol is BBT. This is from Branch Banking and Trust, Inc. It's a very large regional bank based in Winston-Salem, NC. They have paid a dividend every year since 1909 or something like that. Very few companies can compare to that.
2007-05-30 06:28:51 · answer #3 · answered by casey_leftwich 5 · 0⤊ 0⤋
In biotech, there are two that ought to do very well in the next six months. They are Renovis (RNVS) and Array Pharmaceuticals (ARRY). Check out their websites. ARRY, especially, is hiring several key positions, which shows they are actively working on their drugs in development.
2007-06-03 04:44:16 · answer #4 · answered by Maldives 3 · 0⤊ 0⤋
disney, coke, and google
2007-05-30 06:27:09 · answer #5 · answered by Indian princess 2 · 0⤊ 0⤋