I am looking into buying stocks, and I have narrowed it down to:
Coca Cola®
Exxon®
General Electric®
Pepsi® Cola
Proctor & Gamble®
Westinghouse®
What two would you buy and why? In what ways are they better than the others listed? Is there a risk, ifso, what are the risks?
2007-11-06 03:36:20 · 7 answers · asked by SLIFOX 3 in Business & Finance ➔ Investing
I'd suggest mutual funds. Countless studies have shown that even people who are VERY well informed fail to beat the market average over the long run, so unless you're just doing this for fun, you're much better off sticking with mutual funds.
2007-11-06 03:41:18 · answer #1 · answered by ductapian 2 · 2⤊ 0⤋
Asking strangers for advice about the stock market (or anything else for that matter) is never a good idea, since you don't know whether those strangers are being earnest (e.g., someone who wants to sell a given stock at a high price might tell you that the price of that stock is going to "zoom up soon", thus enticing you to buy at an inflated price, while he/she gets the profit at your expense). You need to do your own research, and then consult family and trusted friends. Good luck!
P.S. Also, please make your questions more specific; in this case, "Should I buy the following stocks" would have been far better, and may have peaked more interest and answers than just "About the stock market" which most people would avoid due to its vagueness (me? I like free points!). ;)
2007-11-06 12:02:10 · answer #2 · answered by skaizun 6 · 2⤊ 0⤋
General Electric, as I have recently invested in them and am seeing some good trends for profit. I chose not to go for the others as they have many investers, and the return is very low unless u buy big.
2007-11-06 11:38:36 · answer #3 · answered by Seb W 2 · 1⤊ 0⤋
There's always a risk in buying stock. The stock value may go up, it may go down, it may sit and do nothing. You only make money if one of those happens.
2007-11-06 11:39:17 · answer #4 · answered by Ralfcoder 7 · 1⤊ 0⤋
support Coca Cola because they still use the leaves of the coca tree to give flavor. If you didn't know, the coca tree leaves are also where we get cocaine from illegally.
Let me throw in another option for you: check my profile only if you are interested in lending and borrowing.
2007-11-06 12:57:46 · answer #5 · answered by Anonymous · 0⤊ 1⤋
those are all very safe investments, however do not expect a large return on investment since they are all low risk. Good luck!
2007-11-06 11:39:53 · answer #6 · answered by wabstein 2 · 1⤊ 1⤋
ge and westinghouse are great stocks,so are ibm,att,itt,ge,general motors,microsoft,intel,adm
2007-11-07 00:10:52 · answer #7 · answered by Anonymous · 0⤊ 0⤋