Any stock tips/help?

[gopunk]

Originally posted by: drnickriviera
What's the advantage of buying VFINX vs just buying Spiders SPY??

if you have an account with Vanguard, you don't pay any commission for buying/selling. if you don't have a Vanguard, then i don't really see any advantage.

 

[IHateMyJob2004]

Originally posted by: nick1985
I have $500 to play with and I am wondering how you guys would invest it. Any stocks that look hot? I am pretty clueless to the whole stock market, so I really dont know what stocks to be looking at.

How is Enron stock these days?

$500? Wow.

1)Stay away from REITS altoghter. When interest rates go up, so will their yields (droping share price).

2) Get anindex. S&P mid-cap is a good idea.

3) Food is a decent idea. If you had enoguh cah for ten stocks, I'd say to go buy some CAG.

 

[IHateMyJob2004]

dullard has it right. It's hard to find stocks that are "on sale" these days. 4 months ago, you could, but not since hte recent run-up. I'm struggling big time finding places to put my money.

Originally posted by: dullard
$500 is too small to make much money in the stock market. The transaction fee will likely kill anything you'll make for quite some time if you are at all conservative. Thus, you'll need to go somewhere risky to make anything worth your time (and of course then you can lose your money too).

So look for one company that you are 100% confident will not be going out of business. A company that is consistantly profitible. But, here is the catch. Choose a company that is having a lot of bad press on the day you buy. So then you are likely to be buying at or near its lowest spot.

Buy low, sell high. Overall, the stock market is near a 4 year high. Thus, with most stocks you choose, you are likely to be buying high. Does that mean you'll sell low? Or do you think it can go any higher?

 

[IHateMyJob2004]

WTF is the OP?

 

[Mermaidman]

LCRD

If enough people buy this dog, I might recoup my money :|

Seriously though, how about Wal-Mart? It's had bad press recently, but you know it's never going away.

 

[Vette73]

Put all your money in... WAFFLES... big juicy waffles

 

[dullard]

Originally posted by: IHateMyJob2004
WTF is the OP?

The OP looks like a green witch. Although sometimes I think it is just a green cucumber next to a dirty mop and a street construction cone painted black.

Oh wait, you might have meant what the acronym 'OP' stands for. It means Original Poster. It is for those extra lazy people who don't remember the original poster's name and who don't realize that the original posters name is on the second line of the reply window for them to copy and paste.