I recently opened an account with sharebuilder and I bought some Cullen/Frost Bankers stock and some Huaneng Power (Chinese energy firm) stock. Money people, what should I buy next? Anacott Steel? Blue Star Airlines? Make me rich!
Buy this the link He basically says buy companies with high returns on capital when they are cheap, nothing revolutionary. Then buy this, the link Stay away from mutual funds, they deliver less for more than ^^^ that.
Look into buying Mannatech (mtex). This is a fast moving company and once it gets approved by the FDA, will skyrocket. I bought alot shares last year at $10 and its sitting in the $15 range now. Alot of people I've talked to and read about think it will be in the $20 ranger before long.
I don't know anything about the company, but this is one of the first things that comes up when you googgle.
Step 1: Read Benjamin Graham's The Intelligent Investor to better understand the thinking of Warren Buffett and other successful investors. Of course the market has done exceptionally well the past 12 months, but the "rules" I follow are pretty straight forward: - Keep your eyes and ears constantly open: sometimes it's talking heads, sometimes it's news clips about a well known company's shares dropping 15% because of disappointing quarterly earnings, etc. - Research, research, research the company you are buying! The company you invest in should be profitable, have positive operating income, have good management in place, have growth potential, and preferably pay dividends (feel free to disagree). - Don't feel rushed to buy. Establish a price you think is fair, or look at their future P/E, and set up a limit order. - Once you bought, don't be in a rush to sell it just because you earned 10-20%. The fees will kill you if you trade often. Sometimes you'll miss out on a good stock. Sometimes you'll get burned on what you thought was a good stock. If you haven't yet, check out fool.com if you're looking to invest in small- and mid-cap companies. Every once in a while they'll reveal some of their Hidden Gems and Stock Advisor picks. As a data point, I picked up 2 of them last year and have doubled my investment in them.
Six Flags. Owned by Daniel Snyder. Guys like this DO NOT lose money. The stock is crazy low right now. He will turn it around.
A stock that is an interesting proposition if you can handle the risk is Ford. They have been hammered over the past few years and are near their all time lows. (having bounced a bit in the past 3 weeks or so) The interesting thing about it is the interesting talks, maybe it is just propaganda, between the CEO of Ford and representatives at Toyota last week. They also just took on about 25 billion in debt with a couple huge bond issues that are not due till about 30 years. We'll see. I got in about 10-12 days ago for a chunk of change I had to throw around from profits last year. Who knows. Be careful and don't stick all your eggs in one basket.
1. Read this book: The Link 2. Follow its advice. 3. Go away for five years. 4. Come back and laugh at all the losers trying to pick stocks because you beat out the vast majority of them by just investing in the market.
do your research-- I like VLI.. not fancy- wont be a rocket -- but it will grow steady and with the nice div re-invested this is a great slow but steady wealth builder
I bailed on Ford. Got a nice bump. Just figured I would give my due to the previous post on this topic.
Based on that logic, no stock should ever be bought because everything that is public information is "already incorporated into the price" and everything that is private information you don't know about. So you're buying a stock based on having no idea what it will be doing?
LadyHorn is right. do not ever act on stock tips from anyone without doing your own research. if the trade goes south you will blame yourself for not doing the research and you will blame your informant for giving you bad information. you could be acting on inside information, which if that's the case you risk going to prison (even if you lose on the trade i.e. martha stewart). etc etc etc. if you haven't already, figure out what your risk tolerance is. if you don't know how to do that, google it. or talk to a financial advisor, preferably one whose goal is not peddling their company's products. as for cramer, that guy is right more often than he is wrong. of course everything he says is speculation. there is never a sure play in the markets. the difference between cramer and the average guy on the street is that cramer knows his stuff. he is dilligent in his research: he keeps in touch with contacts at trading desks, he has enormous exposure to executives in companies of all industries, but most importantly of all he knows how the markets work. his ability to read and feel the pulse of the market is uncanny. recently a lot of people feel cramer's "calls" are self-fulfilling, but they fail to consider his long track record of success prior to his fame.
I really like Sandisk right now. I am in on OXGN and have been losing my *** lately but I think they are going to blow up in the 6-12 month range so I'm staying on it. I sold my BQI, AMD, INTC, Q way too early. I am not going to make the same mistake again. Apple at 130 is probably pretty good as well.
