What stock would you buy if you had 5,000?

Question

I have a guaranteed retirement tied to inflation.
Plus I have more placed in IRA's. This is
play money to invest in short/long term
investing.

With the things to come, we cannot be ready for anything. The more you have the harder it will be to do without. I am not at that level.

I am not doing this for the MERC/BMW
or the mansion. Just the what can I achieve on my own with researchl, insight and intuition.

I have joined the day trading and after 7 days
I am still ahead even after 3 bad days, plus
transaction fees. Up 5percent.

We all dream but I am not dreaming to be rich and greedy, but Rich and helping. Not welfare, but helping.

Answer 1

I would look at two companyies that are players in alternative energy. They have both had very nice gains this week.

First and probably my favorite is STP - Suntech Power HLDNGS is a solar power play that is based in China. Lower labor costs in one thing it has going for it.

Second is Zolt - Zoltek COS Inc is a play on wind energy. A producer of a carbon fiber used to make the blades on the wind turbines.

Do your own research on these. I think they have huge upside in the next 10-20 years...

Good Luck

Answer 2

Well, I have about that amount and I buy and sell stocks everyday (today was a rare exception). I could give you a lot of advice on indicators, parameters, technical analysis, etc etc...

But I assumme for your question that you are an amateur and just want to know the symbol of a stock that will make you rich. Ok, I can not guarantee that, but I think a high probability play is TNH ... Keep a stoploss before entering, and don't get too greedy. Good luck.

Answer 3

I wouldn't buy if all I had was 5k.

I also wouldn't buy if I didn't have a plan organized and in place for my financial future.

If and after I had a plan that
a) provided enough low risk future income that I'd not be homeless, and
b) provided enough medium risk income that I'd have a middle class retirement, THEN

I'd consider a number of ETFs {electronicly traded funds} in intermediate term {3 to 5 year} probable success areas. If I had to choose today, companies and countries in natural resource extraction, heavy construction, and select foriegn countries seem poised to tkae advantage of continued world-wide economic growth [even if the Democrats manage to raise taxes in America and kill our economic growth by doing so].

Why ETFs? Buying a single stock is far too risky. Suppose I'm lucky and pick the next Enron [management fraud]? An ETF is a collection of stocks having a common characteristic and thus far less subject to a single managerial fraud or bad management decision.


does this help?

Answer 4

DTN - an ETF that includes the 100 top dividend-paying value stocks.

Answer 5

Long positions in Jones Soda (JSDA) or EMC (EMC). Both should yeild 50%-100% on your money come next July.

Answer 6

Pepsi or one of the other soft drinks. Can never go wrong with those.