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  LiveWire / Teen Forums / Science & Business / Viewing Topic

stocks to invest in.
Replies: 17 — Last Post Sep. 26, 2008 6:40am by holysaiyan1
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( dragonking )


Vanguard of Socialism
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With how the american economy is now it's not good to be investing in stocks.  There is something that could be okay to invest in, in stocks.  Supermarkets because everyone has to eat.  People can wear clothing for longer and don't need to buy so much but everyone has to eat.  I am not invested in stocks but it seems to make sense.  What do you think?

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Dragonking: LW's Own Superhero! RIP MOM 5-30-07 :'(
9:15 am on Sep. 25, 2008 | Joined: May 2005 | Days Active: 1,216
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shadowpool


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McDonalds, Walmart, and Costco.

Post edited at 9:17 am on Sep. 25, 2008 by shadowpool

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9:16 am on Sep. 25, 2008 | Joined: Nov. 2005 | Days Active: 854
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Ashtrey8


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If you were Dutch, I'd recommend Free Record Shop....

But since you aren't, I don't know.. do research on where you can expect radical changes in a short term, like the US Army, and find out which one has a stock option.

9:17 am on Sep. 25, 2008 | Joined: Nov. 2006 | Days Active: 663
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( dragonking )


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Quote: from shadowpool at 12:16 pm on Sep. 25, 2008
McDonalds, Walmart, and Costco.

I had stock in McDonalds years ago that my Grandfather got me.  It wasn't doing to well then so sold.  I actually had for Costco too but not anymore.  

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Dragonking: LW's Own Superhero! RIP MOM 5-30-07 :'(

9:18 am on Sep. 25, 2008 | Joined: May 2005 | Days Active: 1,216
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Catacomb


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sanitation, pluming and waste removal companies.

when wallstreet crashes they'd have so much shit to remove you'd be crazy not to invest in them

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Died in 1937

9:18 am on Sep. 25, 2008 | Joined: Sep. 2008 | Days Active: 189
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shadowpool


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Quote: from dragonking at 1:18 pm on Sep. 25, 2008
Quote: from shadowpool at 12:16 pm on Sep. 25, 2008
McDonalds, Walmart, and Costco.
 

I had stock in McDonalds years ago that my Grandfather got me.  It wasn't doing to well then so sold.  I actually had for Costco too but not anymore.  

Did you sell your McDonalds stock in 2002?

http://finance.google.com/finance?q=mcd

Post edited at 9:19 am on Sep. 25, 2008 by shadowpool

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9:19 am on Sep. 25, 2008 | Joined: Nov. 2005 | Days Active: 854
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marshmellowman


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My advice, at this point in time don't invest in any stocks at all.

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9:19 am on Sep. 25, 2008 | Joined: Feb. 2007 | Days Active: 709
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( dragonking )


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I am pretty sure it was during the 90's.

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Dragonking: LW's Own Superhero! RIP MOM 5-30-07 :'(
9:21 am on Sep. 25, 2008 | Joined: May 2005 | Days Active: 1,216
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( dragonking )


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Quote: from marshmellowman at 12:19 pm on Sep. 25, 2008
My advice, at this point in time don't invest in any stocks at all.

I agree but if someone was going to that would be safer, companies that produce food.

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Dragonking: LW's Own Superhero! RIP MOM 5-30-07 :'(

9:25 am on Sep. 25, 2008 | Joined: May 2005 | Days Active: 1,216
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verl mcverl


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Alcohol and Tobacco companies

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tell me, I can't help it and need correcting occasionally :(
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Light Assassin


don't rock the boat.
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Invest in AIG. since the gov't bought it when it is sold back it will be worth a lot.
9:27 am on Sep. 25, 2008 | Joined: Sep. 2007 | Days Active: 374
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Narfled the Garthok


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A lot of stocks are dropping really low, do your research on the ones dropping low and you can get yourself an amazing deal. Be sure the companies aren't selling their assets though, or going bankrupt.

I bought 1,000 shares of NEXM, .12 a share, its up to .15 a share and supposed to make some huge progress October 15th. It's high a few years ago was 22.00 a share, it still has yet to FDA approve its product which should happen soon.

Also I bought 1,000 shares of AIG when it dropped to 2.00 a share, it went back up 5.50 a share and I sold it. Doubled my money.

These are bad times, you really need to be on your A game. I find it very profitable right now though if you know what you are doing.

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Narfled the Garthok


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Quote: from noahjk at 9:27 am on Sep. 25, 2008
Invest in AIG. since the gov't bought it when it is sold back it will be worth a lot.

AIG is selling all of its assets and already has potential buyers. It wouldn't be wise to purchase AIG right now as it is expected to drop again.

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I love dick

9:29 am on Sep. 25, 2008 | Joined: Sep. 2008 | Days Active: 221
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Narfled the Garthok


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Quote: from marshmellowman at 9:19 am on Sep. 25, 2008
My advice, at this point in time don't invest in any stocks at all.

I agree with this statement also if you really don't have a strong knowledge of what you are doing because again things aren't the best right now.

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9:30 am on Sep. 25, 2008 | Joined: Sep. 2008 | Days Active: 221
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Light Assassin


don't rock the boat.
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Quote: from Narfled the Garthok at 9:29 am on Sep. 25, 2008
Quote: from noahjk at 9:27 am on Sep. 25, 2008
Invest in AIG. since the gov't bought it when it is sold back it will be worth a lot.

AIG is selling all of its assets and already has potential buyers. It wouldn't be wise to purchase AIG right now as it is expected to drop again.

you don't sell stocks right away. they're low now, but aig WILL rebuild and then it will be a smart decision to have bought stocks.
9:33 am on Sep. 25, 2008 | Joined: Sep. 2007 | Days Active: 374
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