Do you think it is worth buying 5k worth of Ford and 5K worth of JetBlue? My father gives my son $10,000 every year and we always just throw it into this Merril Lynch mutual fund. I was thinking this year I will buy Ford and JetBlue. There stocks are both very low and I have to believe that they will go up in the future. I was going to put the money in and let it sit.
Worth it?
2007-07-06 04:59:36 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
I would first ask yourself, " Do you think oil prices will significantly fall?" If so you probably will get a recovery in those stocks.
My opinion is I wouldn't touch them. Airlines ever since deregulation has been overall a bad investment and Ford has so many pension and health care obligations for its retirees and the company has to be very reliant on high margin gas guzzling vehicles in order to fund it . It is going to take a major restructuring of their business with some luck to change their fortune.
2007-07-07 07:43:47 · answer #1 · answered by scow_sailor1692 3 · 0⤊ 0⤋
GM is an exceedingly undesirable concept on account that they are approximately to bypass into chapter 11. It became an excellent time to invest in Ford 6 months in the past. Ford may well be extra constructive for the long-term yet a might watch for the subsequent down swing in expenditures. There are extra constructive shares to be putting your money into suitable now than the vehicle marketplace!
2016-10-20 01:30:15 · answer #2 · answered by Anonymous · 0⤊ 0⤋
These stocks will go up a lot or they will go bankrupt.
If you're not going to manage this investment actively, go the mutual fund route. Have an assortment of funds in various industry groups in different parts of the economy.
2007-07-06 05:21:28 · answer #3 · answered by Ted 7 · 0⤊ 0⤋
You should use the Treasury Rate as a barometer (3m @ 4.79%) or the S+P 500 (only past data available).
Then if you think you're better than either one of those, go for it.
Both of those stocks, let me remind you, are at the mercy of NYMEX Crude Oil spikes.
2007-07-06 06:09:04 · answer #4 · answered by Lawrence E 4 · 0⤊ 0⤋
If you watch the market even once a week you can buy stocks. If you dont have the time put it in the mutal fund.
2007-07-06 08:14:18 · answer #5 · answered by jf 3 · 0⤊ 0⤋
never buy single stocks. too risky. if that company tanks, your money is gone. can you say "enron"?
mutual fund is usually smarter.
2007-07-06 05:03:27 · answer #6 · answered by Anonymous · 0⤊ 0⤋