What stocks should I buy?

12/16/2008 10:52:45 PM

what's your roll

12/16/2008 10:53:38 PM

whatever cramer says

12/16/2008 10:54:05 PM

Buy stock in gentleman's establishments

I'm Big Business and i approved this message.

12/16/2008 10:54:16 PM

whatever kramer says

12/16/2008 10:54:27 PM

-Buy pallet of beer
-Drink beer
-Wait a year
-Recycle the cans
-Profit

12/16/2008 10:55:29 PM

alright I lost most of my money when the market shat itself

let's say I'm only looking to play with $600 right now

12/17/2008 12:03:06 AM

thats enough to open a mini account to play the forex, you can lose your money a lot faster when you get to play with crazy leverage

12/17/2008 12:05:16 AM

I'd sit on a high interest savings account or CD and accumulate savings while you decide how you really want to invest. I think you're probably looking at ~1 year of lower markets to get stock deals. If you want to go long term, look for reliable stuff like Johnson&Johnson, etc.

12/17/2008 12:05:40 AM

more info?

12/17/2008 1:50:03 PM

medical marijuana

12/17/2008 1:50:59 PM

you can't even spell Dow Jones with 600s

I'd hold off until I had at least a few grand to tinker with

12/17/2008 1:52:27 PM

marijuana seeds are probably the most profitable investments by %

12/17/2008 1:55:49 PM

Zecco.com has free trades

Invest it all in NCTY, trust me

12/17/2008 1:57:41 PM

-read "The Tao of Warren Buffett" (roughly 100pp)
-Scrounge up some cash
-Invest in long-term recession proof companies who provide a good or service that people need regardless of what the economy is doing
-Profit

12/17/2008 2:05:33 PM

invest in sports handicapping.

12/17/2008 2:11:52 PM

Quote :

"I'd hold off until I had at least a few grand to tinker with"

I did until the economy took a nose dive.

I may just hold my money where it is - I'm already invested in fairly "recession proof" industries (like chicken!) and hope for a rebound

12/17/2008 2:15:13 PM

Rocks.

Buy rocks.

12/17/2008 2:17:35 PM

everyone needs rocks.

12/17/2008 2:19:00 PM

porn

12/17/2008 2:19:08 PM

Take half your money and bury it in your backyard in an old mayonnaise jar. Take the other half to the track and bet on the dog what does his business right before the race starts.

12/17/2008 2:20:05 PM

That's about as good advice as any.

12/17/2008 2:22:01 PM

annuities or mutual funds

12/17/2008 2:35:41 PM

Quote :

"porn"

http://www.youtube.com/watch?v=7s8WxhgsbsE

12/17/2008 2:39:45 PM

Quote :

"Take half your money and bury it in your backyard in an old mayonnaise jar. Take the other half to the track and bet on the dog what does his business right before the race starts."

ok jeff foxworthy circa 1997

12/17/2008 2:44:10 PM

IT IS SOUND ADVICE, OK

TIMELESS

12/17/2008 2:54:45 PM

MORTGAGE

BACKED

ANNUITIES

12/17/2008 3:45:17 PM

see thread in lounge

12/17/2008 3:46:47 PM

Quote :

"-Invest in long-term recession proof companies who provide a good or service that people need regardless of what the economy is doing"

ie: drug companies and clinical research organizations. preferably mine

12/17/2008 3:53:46 PM

I'm going to invest in candy and soda

and also in diabetes

12/17/2008 4:29:44 PM

That was a good idea 7 years ago, but honestly I think you should be investing in whole grains and leafy green commodities today. Being fat is so late 90's/first half of the 20xx decade.

12/17/2008 4:32:54 PM

fuck annuities


and with only $600, don't try to buy an individual stock. put it in an S&P 500 index, such as the SPY ETF (exchange traded fund).

12/17/2008 4:48:01 PM

dbl post

[Edited on December 17, 2008 at 4:49 PM. Reason : asdf]

12/17/2008 4:49:29 PM

i invest in people. its a little risky, but the return is better when it works out.

12/17/2008 4:52:05 PM

buy stock in petroleum or gold
they're gonna be going up.

12/17/2008 4:53:33 PM

buy stock in petroleum or gold
they're gonna be going up.

12/17/2008 4:53:33 PM

buy stock in petroleum or gold
they're gonna be going up.

12/17/2008 4:53:33 PM

Lottery tickets sounds like a decent plan at this point.

12/17/2008 4:55:18 PM

I heard loaning money to illegal immigrants so that they can cross the border and buy fake papers can pay off bigtime.

BIG
TIME
PAYOFF

12/17/2008 5:13:00 PM

for long time investments use a stock screener.. look for stocks that are not very volatile but pays dividends ~5%-6% (any higher dividend yield can sometimes mean the company is fucked and trying to get investors to buy their stocks) and also have a history of positive earnings .. .. then sift through those stocks the screener recommends and pick from those.

600 bucks you are going to want to invest long term as a $7 commission to buy and sell ($14 total) would be over 2% lost right off the bat.

Good luck you silly son of a bitch.

12/17/2008 5:22:18 PM

limiting yourself only to stocks that yield 5-6% is silly

and with only $600, you should be buying an individual stock to begin with. Put it in an S&P 500 index, then continually add to it as you are able.

12/17/2008 5:25:25 PM

^ to each their own

12/17/2008 5:28:43 PM

no, it's not just a "style" thing...it's that only owning those sorts of companies is not a financially sound move, especially at our age.

12/17/2008 5:33:25 PM

right, but the intrinsic value of the stock has the possibility of increasing as well, which increases your overall yield.. I prefer to play it safer and expect 8% returns with a solid company rather than speculate

that list that would be produced by the screener would have plenty of stocks to choose from that would be acceptable purchase for anyone of any age.

[Edited on December 17, 2008 at 5:39 PM. Reason : .]

12/17/2008 5:37:53 PM

I'm not talking about speculating, and I'm not talking about not buying solid companies. I'm saying that you are (a) not diversifying your holdings the way you should if you're doing this, and (b) leaving portfolio growth on the table, which is even worse because you're young and can afford to own some higher-performing, yet riskier/more volatile stuff.

12/17/2008 5:41:50 PM

right, but he only has $600, I'm giving him a tip based on his situation. He wants to buy stock(s) and only has $600 to do it.. 1 stock with a good chance of positive returns is not a bad option.

12/17/2008 5:43:28 PM

Sell Wiis on the internet to the first person to give you $5 without someone else giving you $5 within 24 hours later.

[Edited on December 17, 2008 at 5:43 PM. Reason : .]

12/17/2008 5:43:44 PM

i'd say like summer 09 yo

[Edited on December 17, 2008 at 5:44 PM. Reason : or april-may if anything bottoms out]

12/17/2008 5:44:23 PM

^^^ A portfolio consisting of a single stock is retarded. He needs to buy a mutual fund, and the best choice at this stage in the game for him, in my opinion, is an S&P 500 tracker.

12/17/2008 5:53:35 PM

ofcourse buying a index fund with 600 dollars is better than buying a single stock. You are getting killed on commission.. I'm speaking more to his situation of having $600 and wanting to buy stocks. If it were my $600 I wanted to invest I'd personally put it in a 4% online savings account until I could save a little more for stocks (after setting up my emergency fund).. but if he wants to buy stocks and has $600 to do that, then he should try and be conservative and my advice holds for his situation.

this is all hypothetical tailored to his situation.

[Edited on December 17, 2008 at 5:58 PM. Reason : .]

12/17/2008 5:57:45 PM