Anhil8tor Wrote:Say I have 2,500 to invest.
Which stocks should I look at?
Edit: Long term
That's a pretty tough question with me not knowing any more about you than you are a dumb fuck coonass.
If you don't have any mutual funds, I would suggest you put it into a good mutual fund. Which one? Depends on what kind of investment you like. If you want to play the indexes, go with Vanguard's SP500 Index fund. If you want just a general mutual fund run by a good manager, get the Bruce Fund.
As for stocks (long term) that is a tougher call right now. Long term you would think that the banks, airlines and automakers will return. I would also think that petroleum companies would be good. But, can you suffer through the near future with those? That depends on you.
Most everything I buy I do it for long term. I've got Home Depot, Southwest Airlines, Intel, Walmart, Sketchers, TXI, several bank stocks, Texaco/Shell, Exxon, Oracle, Disney........
BUT, having said all of that, if you have $2500 to invest and it is just burning a hole in your pocket, then I've got something that I would recommend. Not long term, but at least you get some good tips from some smart guys.
Sometime in December or late November, Forbes Magazine will have a short article in it titled "If you could buy just one". The title may change slightly. But they have a contest each year. They invite 10 analysts to pick ONE stock for the year. The ones that do the best, they invite them back for another year. The ones that do shitty get kicked out and replaced.
From them you will get a list of 10 companies with their reasons of why they like them. Then you have to decide which horse to bet on.