Blue Chip Stocks....

[FortFunFoSho]

So I have money to invest and am curious to the blue chips.. Who are they?

 

[PowerMac4Ever]

big companies like IBM, Wal-Mart, GE, Ford

 

[FortFunFoSho]

Yes yes. Who else?

Pepsi.... Coke....

 

[ReiAyanami]

going google on your topic usually does it:
list of top 60 blue chip stocks:

http://www.easystock.com/markets/mkview.asp?ticker=\usa60.grp

surprised lucent is still on their, could be an easy way to double or triple your money (or lose all of it) considering LU has $4.9b cash but like $6.5b longterm debt, so even if things go well the next few years, it might be tough for them. but then again they've been around like hundred years (as bell labs) and have seen thru a Great Depression and two world wars, so the biggest telecom downturn in history shouldn't be a biggie... (too bad i bought it at $12, but atleast i didn't pay $70/share during the bubble)

 

[ReiAyanami]

however everybody knows the nas is the way to go. nasdaq from 5200 to 1300, now at 1900 vs dow 11500 to 7000, now at 9600.


if u want mad dividends to take advantage of the bushy tax cut (which becomes 0% next year for like 5 years) tobacco stocks pay out lots of dividend in terms of percentage, however be wary as any of them could file bankruptcy in the face of the massive longterm debt from the litigation about some of their products killing people...

 

[Hector13]

Originally posted by: FortFunFoSho
So I have money to invest and am curious to the blue chips.. Who are they?

are you planning on investing in these companies just because they are "blue chips"? If you really think that "blue chip" stocks will outperform the rest of the market, you could buy funds that invest in the dow 30 (this is what most people mean when they say "blue chips").

 

[FortFunFoSho]

I am just beginning to think about investing my money. So yeah.

 

[Hector13]

Originally posted by: FortFunFoSho
I am just beginning to think about investing my money. So yeah.

well then, if you are sure you want to invest in only blue chips, make sure you buy an index fund for them (or an ETF like the DIAMONDS) and don't go out buying individual names... that'll only lead to trouble.

I would suggest, though, that you look beyond just the dow industrials. The "index" has only 30 names in it and is not all that diversified. You are probably better off buying an S&P 500 fund (or, again, an ETF like SPY) or a russell 1000 (large-cap) or russell 2000 (small cap) fund. Look for passively managed index funds as these will be cheaper and will probably get you better returns than the actively managed funds.