Well, I will say this. About every stock is a better stock to invest in than they were at the 1st of July. Best, I don't know.
Here are a couple for you to consider, but don't buy them on my advice. That would be a big mistake. You will need to evaluate them for yourself before making a decision, which is really what you should be doing now. But it does help to have a few suggestions.
CHN. This is a closed end mutual fund investing in Chinese companies. Considering that China is growing about 4x faster than the U S, seems to me like a good deal. It is also trading about about 15% net assets.
GAM. Another closed end mutual fund trading at about a 12% discount to net assets. Most mutual funds should have a record as long and as good as this one. Been in business since 1928. There has to be something to be said for a mutual fund that made it through the depression.
Here is a link where you can research these two and many more besides.
http://www.etfconnect.com/
If I were you I would not invest the whole amount in September. Maybe only 1/4. This market might very well drop another 25% yet. With each 10% drop invest another 1/4. Or with each 5% increase invest another 1/4. It is much better to be buying into a rising market than a falling market.
2007-08-19 14:04:16
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answer #1
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answered by Anonymous
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Right now I'm buying Apple (AAPL). The stock has been driven down to the price it was trading at when the iphone came out, and, based on its last quarterly results (from a quarter than ended the day after the iphone was released) the stock is trading at a very low valuation. Strong growth, one of the strongest brands on the planet, a very modest valuation.
This second pick is more speculative, but you might glance at Senomyx (SNMX). This is a company that makes 'flavor enhancers' that let food companies reduce the amount of certain ingredients they use in foods (ie sugar, corn syrup, MSG, etc). It has development contracts with Coke, Nestle, Kraft, Campbells, etc and products using its ingredients are just starting to roll out. The company could be an enormous cash machine in a couple of years.
2007-08-19 17:48:34
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answer #2
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answered by Adam J 6
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Great idea... buying a stock based on the beginning of September. To get a good hold on this you're asking complete strangers whose qualifications and motives can never be known.
How will this effect your "asset allocation" model? You don't reveal anything regarding your holding expectations. What happens in October?
Good thing the "experts" and gods don't know how you're approaching the market... How can you lose?
There is little doubt that you'll get the exact two stocks you need to become rich.
Good luck with that.
2007-08-19 15:46:32
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answer #3
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answered by Common Sense 7
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Without a doubt at least visit vanguard.com and learn about investing in ETFs and mutual funds. Much less risky than investing in "individual" stocks.
If you just invest in two stocks you are simply going to be blindly gambling instead of investing.
Investing in "individual" stocks is a very tricky game to play without knowledge.
2007-08-19 14:36:33
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answer #4
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answered by Anonymous
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I agree with Rick, especially if this is your first experience with investing.
Find a good mutual fund to invest in.
Take a look at Vanguard.com.
2007-08-19 14:01:00
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answer #5
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answered by mister_galager 5
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DON'T!
Instead, buy quality mutual funds with proven track records.
Putting all your money in two stocks is very foolish.
2007-08-19 13:56:03
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answer #6
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answered by Anonymous
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I like OYOG, they make 3d-seismic equipment that helps oil companies get more oil out of oil fields:
http://top10traders.com/ViewHolding.aspx?symbol=OYOG
2007-08-19 14:46:46
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answer #7
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answered by Anonymous
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