stocks
well guys im at a point in which i was going to buy things for my car but im deciding on buying stocks since the price of shares are very low any one know of good stocks that are rising im looking to gain money in this market
been really thinking about buying freddi mac stocks yes i know iknow but hey they are so cheap and knowing that they will rise under goverment control
Last edited by Z33_kid; 10-07-2008 at 08:44 PM.
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There are alot of different options.
Financials are extremely undervalued right now. If you can wait it out there is alot of profit to be made in those.
depends on what you want in the investment.... do you want to buy a growth stock o a value stock?
Energy's are looking tempting now especially with GE being contracted over by Iraq and what not (not including big warren dropping $5 billion on them.... I imagine he's pretty confident in their future to invest that kind money). Financial's are questionable at this point... not necessarily undervalued.
if ur going to buy stocks that are cheap right now you better be ready to invest long term itll be a while for the stocks to go up again, but your right it is the perfect time.
a way to look for good stock its to go to yahoo and then go into finance, search any stock your interested in buying and choose interactive from the left side menu and then its going to give u a graph, at the bottom choose ytd and the on top click technical indicators and on the 2nd blank put 200 after that choose compare and its going to give you other stocks that are similar to the one you are researching, it will then show u a graph showing the difference between them and which one is better to invest on.
hope u understand and hope it helps
=EJ-EG SQUAD SUPPORTER=2000 HONDA CIVIC - SOLD1966 MUSTANG COUPE - TRADED1989 FOXBODY MUSTANG - DD
today it seems like when it cant get any worse.... it gets worse
Originally Posted by Spektrewing386
yea thats my worse fear cuz i feel like dropin a large sum on some stocks and ifeel like taking out my money from my ge stocks
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most of your larger banks like Bof A, Citi Wells Fargo arent going anywhere in the near future. hey are all extremely low right now and they are stuggling a little, but if you are only looking at the long term then you can get stocks that will be 2x-5x their current price in the next 3 years. Also, you can re-invest any dividends you get from those stocks into more shares of them.
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