How many have stocks?

Signed-In Members Don't See This Ad

tommy2tone

Member
Joined
Mar 14, 2013
Messages
177
Location
Hampton, VA 23666
I was looking at getting pharmaceutical stocks. That why I can get paid everytime they used gloves or a needle on someone.. Also thinking of some others like: Disney, Johnson and Johnson and others...
 
Signed-In Members Don't See This Ad
I have a couple accounts for my daughters. Most of the money is in a couple mutual funds, but I also bought stocks in disney, Hersey, and Pizza Hut so they could say they owned them. The individual stocks actually did better than the funds did. Go figure.
 
Nope ... Got tired of being beaten by the "big boys" and using my investment money to make CEO's and the like very wealthy. I now invest in silver (the actual stuff and NOT the silver futures or whatever). I take possession of the actual silver. Since it is now "down" I am in buying mode. When it goes up, again, I will go into "selling mode".
 
Last edited:
Perhaps one of the most dependable stocks is an index fund. Most index funds take a tiny little bit of every stock in the market or others take a group of stocks (like the Standard and Poor Group) and spread out the risk.

On any given day some stocks are winners and some are losers. Your job is to make money at the end of the day. I've found it easier to "bet" on the entire market than try to pick winners and losers. With the right index fund, as long as the market finishes higher that it started, you make money.

If you had owned spider or index funds during 2013, you'd have a big smile on your face right now.
 
Last edited:
The issue I have with stocks is that unless you invest a ton of cash, the fees are just nightmare...

I'd like to buy just a few one-of stocks and hang on to them for a decade (cheaper than the lottery, and daily fun!), but cannot find any decent, cheap, discount brokerage firms that don't charge up the kazoo each trade, or each quarter, or if I don't make a trade each month, etc, unless I invest 10 grand or so...
 
Consider Vanguard, maybe vstax. It's a nice index fund with fees about as low as you can get.

Over the years the one individual stock we have kept is our local power company's stock. Once you buy a share, then you can participate in their dividend reinvestment program, which includes the opportunity to invest additional funds directly with the company at almost no cost.

Good luck! You'll need it.

Scott.
 
Silver, gold, platinum. palladium.

Physical and some (the smaller amount) in trading accounts to take advantage of the bumps.

No stocks.

Stocks can go to zero, metals can't.

And I'm really, really lousy at picking stocks.
 
....the only way ( generally speaking ) to fail in the stock market is to not invest! JMHO
 
My 401k is spread across the market, and so far it has treated me well. I'm doing pretty good at losing what I gained last year though!
I also opened up a separate account with Fidelity to just toy around with. That was around Christmas, and I haven't done anything other than buy stock in a fuel cell company. Fidelity charges $7.95 per trade, and that is all so far.
 
Was it Peter Lynch that said to invest in things you know? He watched his daughters spending money at a little company called the Gap a ways back and made a lot of money on it.
So if you know pharmaceuticals then they might be for you.
If you are new to stocks and or investing then you might want to check out the motley fool boards, some good info there.
Also might want to check out the "Dogs of Dow" theory", I have not checked its performance in a while but some time ago it did very well and is a buy and hold type investment strategy.
Physical investments give a warm and fuzzy feeling, but didn't the Koch brothers almost corner the market in silver a while back? So physical can be manipulated also.
You might want to look around for an investment club in your area, they can be a great way to learn and stay motivated in the investment game.
I would say the most important thing is to not invest more then you can lose in any one investment.
Stock picking can be fun and rewarding and I wish you luck.
 
The issue I have with stocks is that unless you invest a ton of cash, the fees are just nightmare...

I'd like to buy just a few one-of stocks and hang on to them for a decade (cheaper than the lottery, and daily fun!), but cannot find any decent, cheap, discount brokerage firms that don't charge up the kazoo each trade, or each quarter, or if I don't make a trade each month, etc, unless I invest 10 grand or so...
scottrade on-line...very low fees and only when you buy or sell.
 
Back
Top Bottom