| What stocks / mutual funds would you buy now?
Posted: 11/26/2008 10:37:47 AM | Ok, the stock market is really low, even though it has had a few up days recently. But everyone says that now is the time to buy, even though the market has had a few up days recently (assuming you have some cash to invest).
So, does anyone have some good ideas of stocks or mutual funds that they know will do very well, if and when the market takes off again and regains the losses of the past year?
Are there any free websites you know of that make valid, decent recommendations? | |
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| Would not buy now.
Posted: 11/26/2008 10:51:31 AM | Who is that everyone who says it is time to buy? The market is so turbulent that any kind of rational investing is not really possible. Yeah, I know, I know, market is not rational even in the best of times; but with trillions of dollars being thrown around, it is more random than ever. And with a new administration coming in, the level of uncertainty is that much higher.
If I were to invest now, I would definitely invest in very broad market index mutual funds or into ETFs. And I would not touch it for next 5-8 years. And, if I saw that we are heading toward New Deal 2.0, then even longer, like 10-16 years. | |
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| Would not buy now.
Posted: 11/26/2008 10:54:08 AM | | If I had some extra cash I would invest heavily in water, uranium and gold, that is if I had the money of course. | |
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| What stocks / mutual funds would you buy now?
Posted: 11/26/2008 10:54:58 AM | Instead of websites, I would say go to a bookstore. They have a larger selection for the topic and many can be tailored to your specific interest. A good book on basic investing would probably do.
As far as whart would I invest in now... depends on your time horizon. If long term, I would look at either the S&P 500 Index or Total Stock Market Index funds. But that's just me, others might want a more conservative approach.
Funds that are focused towards dividend reinvestment would be a good deal as well. The stocks themselves might not go upmuch the next few years, but the dividends could pay a decent return if you find a good fund. | |
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| What stocks / mutual funds would you buy now?
Posted: 11/26/2008 12:14:29 PM | I would find out what BUSH is investing in and invest in it too.
You can bet that if he has money on it, there is something he knows about that stock.
Maybe he wrote that company into the law.
That is the surest way to get rich. | |
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| What stocks / mutual funds would you buy now?
Posted: 11/27/2008 3:15:10 PM |
Who is that everyone who says it is time to buy? The market is so turbulent that any kind of rational investing is not really possible. Yeah, I know, I know, market is not rational even in the best of times; but with trillions of dollars being thrown around, it is more random than ever. And with a new administration coming in, the level of uncertainty is that much higher
Who is it that is advising it is the time to buy - why the investment bankers - you know - the ones whose job depends on you being stupid enough to sink your money into an investment option that will lose half its value as soon as you buy it and also gives them a cut of the money you put in.
Seriously, if you can afford to leave your cash tied up, I would put it in staples and businesses that everybody needs. The market is like everything else, it depends on cash being available. Cash is becoming scarce because everyone is so deep in debt, they've already spent their cash and now are going to have to suck it up and pay the bill. Insurance and nontangible items are not something that I would be throwing money at, you need them but if it comes to being able to eat and paying for an insurance bill, I will pay for food and heat and hope that I can patch whatever comes down the road. | |
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VF102
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Joined: 8/30/2008
Msg: 8 | |
| What stocks / mutual funds would you buy now?
Posted: 11/28/2008 9:32:14 AM | All of my money is in government securities, gold, silver and FDIC insured accounts. No stock market for me. They have been saying that this crash was coming for years. And "they" were right and "I" did not loose a dime in the market! Woohoo!
When the markets recover after the next depression I may invest 5 - 10% of my retirement in the markets.
Jason | |
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| What stocks / mutual funds would you buy now?
Posted: 11/28/2008 8:13:35 PM | If you think about the different types of investments....stocks, bonds, mutual funds, options, warrants, RRSPs, RPPs... yadda yadda... now is for sure the time to buy.. however you want to have the money to purchase.. and if you can afford to lose some of it... you might as well go for the gold (and I don't mean literally).. Check out the S&P's 500, Fitch Ratings, or Moody's.. I heard they are some of the best analysis companies.... Good luck with real estate right now if you don't have the coin to put a hefty down-payment on it.. the banks and lenders are being pretty tight with their money... Royal Bank was complaining about how much money they have lost recently on bad credit card debt... how much have they made on upping service charges - 1.50'd their customers to the poor house with their ATM charges?? Get real.... honestly.. *sigh*.. better stop before I get on a rant... anyways..
JMO
^^^^^I would stay away from Uranium... they are losing money as there have been so many cave-ins at the mines...
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| What stocks / mutual funds would you buy now?
Posted: 11/28/2008 11:32:41 PM | | How i got started in real estate was i bought a mobile home. Just the home, not the land. Dont have to pay property tax on it or anything, just land rent. Found a really cute cottagey style one for 12,000. Becasue it is on the water, and the market rate for rentals is very high in my area, (resort town where people are willing to pay a premium for rental property) the amount i recieve from renting it covers the land rent, and puts a nice deposit into my bank monthly. Within 6 months it paid for itself. Now i make pure profit off it, and want to buy more, and am considering purchasing a duplex as well. | |
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| What stocks / mutual funds would you buy now?
Posted: 11/29/2008 2:01:28 PM | HOW LONG ?
HOW MUCH RISK YOU WANT ?
SORT TERM LOOK AT WHAT THE GOV IS SPENDING CASH ON AND TRY TO FOLLOW THAT
LONGER LOOK AT MINERS, OIL ,GAS,BUT WATCH BIO FUEL
BUT DON'T ...DO NOT JUST LOOK OUTSIDE YOUR FRONT DOOR ... ITS A GLOBAL ONE !
GOOD LUCK ITS HARD WORK
http://iball.iii.co.uk/ | |
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| What stocks / mutual funds would you buy now?
Posted: 11/29/2008 3:51:30 PM | Here's the rumors I've been reading... sometime between now and the END of 2009... the Dow will tank BELOW 5000. If that prediction comes true, now is NOT the time!!!
Have heard quite a few claim the real surprise has yet to come... around March 2009 maybe... but the real pain won't be felt till next summer. (hope they are wrong, but suspect they may very well be correct) | |
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| What stocks / mutual funds would you buy now?
Posted: 11/29/2008 4:49:24 PM |
I would invest in real-estate. Buy in a desirable location and either fix-up and re-sell or use for rental income.
I think real estate would be my avenue as well, if I had the available funds. With many markets at such a low right now, it might come off as a bit shark-like but, it's an investment that will definitely pay off in the future. The housing market will rise again, it's just a matter of time.
For stocks...uranium is still a fairly viable option, and I've always had good success with shares in that in the past. In fact, that commodity is one of the few I have that hasn't taken *quite* as hard a hit, so I'll definitely stick with that.
I'm certainly no expert by any means but, the shares in various stocks I do currently still own, I don't plan on selling any time soon anyway. At this point I'd be losing money on a lot of them or lucky to break even so, I'll hold tight and see what happens over the long run. | |
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| What stocks / mutual funds would you buy now?
Posted: 11/29/2008 4:57:38 PM | Pepsi
3M
Apple
Johnson and Johnson
Toyota (sorry Dad)
Good performers, even in this economy. Stable stocks.
You can Google any well performing company and look at their stock performance, these are five I always look at to gage the market. While, lower than the norm, still stable performers. | |
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VF102
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Joined: 8/30/2008
Msg: 18 | |
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| What stocks / mutual funds would you buy now?
Posted: 12/5/2008 10:36:12 PM | it is a great time to buy...stocks...houses...etc. anyone who says otherwise doesn't know what they are talking about. hello...everything is on sale. would you rather pay top dollar for something or get it at a lower price? hello! duh! more millionares are made during down times...
i wish i wasn't in school so i had more money on hand to play with. i have minimal money to invest right now.
one thing i was looking into is buying tax leins. here in illinois you get about a 15 to 26% return. the only downside is that once your money is tide up in a tax lien purchase you can't pull it out. it usually takes about 2 years or so to get your money back, and in about 5% of cases you might end up with the property. i am sure that 5% has increased over the past year, but it's still a good deal. i am planning on doing it next novemeber.
lar | |
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| What stocks / mutual funds would you buy now?
Posted: 12/5/2008 11:33:07 PM | ^^^ to Lar... you HONESTLY believe NOW is a great time to buy, buy, buy???? What IF the Dow hits below 5000? Then did you profit or lose? There are PLENTY of experts claiming we haven't even begun to feel the pain till next summer!!! The Domino effect is still playing itself out.
Just MAYBE... ya all should have patience? PROCEED WITH CAUTION!!! | |
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| What stocks / mutual funds would you buy now?
Posted: 12/6/2008 1:45:10 AM | You've got to love folks who base their predictions of what to do with YOUR money on past history. That includes the entire stock market profession and those who echo them.
What you are seeing is unprecedented, which means there is no history to base any decisions on. It's not the same as the Great Depression, as the conditions are totally unprecedented as well. Money isn't even really the same thing as it was back then.
And don't forget that Professor Bernanke has intentionally been trying to treat this in a completely different manner than they did in 1929-1939. That means that what worked back then for some people will not even work now.
At this point, it's all a crapshoot. I would seriously say the best thing you can do is to get out of debt with the money that you have, buy a house or some form of residence for cash while it has value and THEN position yourself to see what comes next.
Everyone is still mentally on the "stocks will grow forever" kick, but you have to understand that what made those stocks grow are the very same forces that made the mortgage mess and bank failures. The dynamics will be completely different in the future. I wouldn't be surprised to see the government assume control of all crucial commodities in the near future in an attempt to stabilize things. But at the moment, I'd say that's your best bet if you must throw your money into something.
Real estate might be a reasonable parking place, but only if you can get it for 50 cents on the dollar from a distressed seller. Buying before a confirmed bottom is throwing your money away. By a confirmed bottom, consider that it took almost 10 years to recover from the 1929 crash. It crashed again in 1932 or 1934 and it took years to reach respectable levels again, only after the sabers of WWII were rattling.
Stick with the absolute basics. Forget the fancy stock devices. Many will be gone and banned once this is all over...You're going to see a whole new financial system to replace this one. You may also be about to see Congress yank financial authority from Paulson at Treasury and Bernanke at Federal Reserve because they've already pumped trillions of dollars to parts unknown. However, that won't be until they've totally bankrupted the country, so there's still a few more months to act. | |
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| What stocks / mutual funds would you buy now?
Posted: 12/6/2008 4:13:29 AM | | The Uranium stocks may be down at the moment, but I do believe that in the years to come they will rise rapidly again. I say this because the current trend is building/ or planning to build more nuclear reactors unless there is a solution to the energy situation within the next 20 years, which sadly I dont think will happen, I think the future is going to be nuclear unfortunately. | |
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VF102
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Joined: 8/30/2008
Msg: 23 | |
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| What stocks / mutual funds would you buy now?
Posted: 12/7/2008 8:29:52 AM | Weapons. There's always a demand. And with the economy all over the world tanking that will lead to heightened political tensions. Which will increase demand.  | |
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| What stocks / mutual funds would you buy now?
Posted: 12/7/2008 8:51:33 AM | Tread very, very carefully.
I saw this crash coming, and I've been in cash (or put options) for the last 18 months.
IMHO, It is NOT likely that we've seen a bottom. I won't plow back until I see one of either two things:
1) The 20 week moving average of the S&P 500 crosses the 50 week moving average by at least one percent, or
2) The market makes a new bottom sometime in early 2009, after investors have digested the fact that Obama's adminsitration is powerless to keep home values from falling even further.
Some of the areas I DO like, though, and will target when the time is right, is alt-energy, because its reasonable to believe that Obama will tax-encourage these areas to develop. Solar, Wind. Energy in general I also like, especially coal, because China may be slowing at the moment, but she'll kick into high gear again when other countries eventually step up to the plate to fill the U.S. Consumer void. | |
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