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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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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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.
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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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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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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.
Post edited at 9:19 am on Sep. 25, 2008 by shadowpool
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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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I am pretty sure it was during the 90's.
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9:21 am on Sep. 25, 2008 | Joined: May 2005 | Days Active: 1,309 Join to learn more about dragonkingNew York, United States | StraightMale | Posts: 21,624 | Points: 40,334
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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verl mcverl
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Alcohol and Tobacco companies
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Invest in AIG. since the gov't bought it when it is sold back it will be worth a lot.
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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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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9:29 am on Sep. 25, 2008 | Joined: Sep. 2008 | Days Active: 292 Join to learn more about Narfled the GarthokVirginia, United States | StraightMale | Posts: 5,881 | Points: 8,433
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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McDonalds, Walmart, and Costco.
