I'm going to buy $5000 stocks

[welst10]

Originally posted by: richardycc
stock advice in ATOT is like a$$hole, everyone has one, but nothing good will come out of it!

interesting analogue. lol

 

[JoeBaD]

TMR - Natural gas exploration company. Looking for a double in 6 months.

 

[LarryS]

What's the preferred service to buy and sell stocks online? I'd like to "dabble" a little bit.. any recommendations?

thanks..

 

[welst10]

Originally posted by: LarryS
What's the preferred service to buy and sell stocks online? I'd like to "dabble" a little bit.. any recommendations?

thanks..

Many people use Scottrade, including me. $7 per trade.

 

[Pers]

are there any investor forums out there?

 

[Howard]

http://www.fool.com/

 

[UDT89]

RagingBull.com

 

[Nebor]

I thought the title said "I'm going to buy $5000 socks."

So I was just here to see the fancy socks, I'll leave now.

 

[SuepaFly]

Originally posted by: welst10
Inspired by the stock threads, I have decided to buy $5K stocks instead of leaving them in ING in the following 2 weeks. Here is the strategy I'm thinking: buy 3-5 stocks in at least 3 industries (1-2 stocks in each industry). One of the industries is definitely pharmaceutical (which I'm in). But I have no idea about other industries.

So any recommendation of good industres and good stocks to buy?

EDIT: I can hold them for at least several years (5 yrs or more).

EDIT: I'm talking about individual stocks, not index funds. I already bought some funds.

If you're going to do pharmaceutical, you better take a good look at their pipelines, those stocks rise and fall so quickly. But its a great industry. If yoiu pick one of the old dependable ones (like fortune 100 and been there for a long time), I'm sure in 5 years or so, you'll have a decent return.

 

[iwantanewcomputer]

i have a few g's in various vanguard funds that i didn't spend on me computer. i'm loving the low fees, which are a big plus when you have this little to invest.

i just went to thefool.com that guy a few posts up reccomended. they had somethiing about vanguard funds on the front page and advised a fund with .45% fees

 

[StageLeft]

IMO if you're coming here looking for stock advice you have no business buying stocks. Once again I'll reiterate the fact that people are so intent upon ignoring: the majority of professional investors cannot even match the market, let alone beat it. These are pros. These are not people who come to anandtech looking for stock advice, and yet even they can't _match it_. So, buy into an index fund. It's not as fun, but then I don't consider losing money fun either.

 

[Emrys]

Originally posted by: Goth
For the long term:

After the recent recall of Merck's Vioxx, I wouldn't call any pharmaceuticals safe. The "safest" may be Pfizer at this point.

That is one that I would recomend, especially in the pharmaceuticals field. They tend to add one big product to their line-up every few years and the stock price is generally stable. Added bonus is that they pay dividends.

 

[glenn1]

Buy MO

10ish PE and 6% dividend...better guaranteed return than you can make on any fixed income security. It is underpriced because of the litigation, which I don't think will be as costly as the market is showing right now.

I can agree with this one. It's a good company and pretty much has a license to print money.

If you're going to buy a stock, make it in a company you know and understand their business. If you have to ask who they are or what they do it's probably not a good stock to own. In keeping with that, I buy stuff like Johnson and Johnson (JNJ), Commerce Bank (CBH, my niece and nephew love the free coin counting machine and I like the Sunday hours), Trex (TWP, sells non-wood lumber to build decks using non-wood waste products), Fidelity National (FNF, they're the leading mortgage title insurer in the country), Michaels Stores (MIK, a store selling artsy-craftsy sh!t to people like my Mom and sisters), and have lately been buying DoubleClick (DCLK, hate the product but it sells, it's a damn fine business and they have as much cash as market cap).