there is no bubble in the american markets, only in housing and housing related,... (mortgage, insurance, etc.).
I like these companies, check them out if you like:
BPHX
YGE
LABL
ISRG
AET
Hope this helps
*NO THIS IS NOT ME TRYING TO BOOST MY STOCKS BECAUSE ITS NOT GOING TO CHANGE THE PRICE... hahahahaha people who say this are idiots These are just my opnions.
2007-11-26 11:57:41
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answer #1
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answered by Dippin Dots of East Lansing 2
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The crunch has been the result of mortgage lenders who generated huge volumes of business by touting 1%mortgages and buyers who heard nothing but 1%. The lenders did not fully define the fine print and the borrowers wanted nothing to with the fine print so long as they got the 1%rate. The "after one year" was not significant. Mortgages were 80 to 100% of selling price . The 30 and 35 year mortgage was ok. Then the boom is lowered. Interest rates sky from 5 to 7 times the previous interest rate, beyond the means of the mortgagee, the housing prices tumble often close to the amount of the mortgage and the housing slump occurs. Stocks vary daily depending on the speculators activity and everyone is in a Tizzy.
2007-11-26 15:16:42
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answer #2
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answered by googie 7
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The stock market is very attractive because many good stocks are trading at bargain prices. Even some financials (the more conservative lending banks) are selling at bargain prices. I wouldn't put short term money in the market, but long term money I'm buy good, solid stock and index funds.
Short term money is in my money market account earning a steady, safe rate.
2007-11-26 13:51:51
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answer #3
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answered by voluntarheel 5
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Not many brokers have the information on this but you might check out " reverse convertible " notes. It is a bit complicated but well worth the study. I bought one today that pays19.25% on the stock symbol TIE. The note is for three months and you are betting the stock does not sink below 80% of the closing price as of tomorrow ( NOV 27th ). You will receive your investment back and receive the dividend no matter what the stock does. Check it out
J/G
2007-11-26 11:57:32
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answer #4
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answered by dominic G 1
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I would still put money into stocks, but I'd lean more towards consumer staples (MO, PG, PEP), defense (LMT, BA, AVAV), and large cap pharma (I don't know in this sector... perhaps SGP or maybe PFE).
The best bet would be to accumulate cash until a clear sign emerges of what to do.
2007-11-26 11:51:13
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answer #5
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answered by thethirdheat 3
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I would put my money on a safe investment like 6 month CD's earning @ 5% interest.
2007-11-26 12:02:03
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answer #6
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answered by Vash the Stampede 2
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Try gold
2007-11-26 11:44:03
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answer #7
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answered by sdnneal 2
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