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Topic stocks to invest in.
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Original Post
dragonking Posted at 9:15 am on Sep. 25, 2008
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?

Replies
holysaiyan1 Posted at 6:40 am on Sep. 26, 2008
I would buy stock in companies that produce necessities such as oil, electricity, and food.  Also, I would invest in industry leaders such as Google.  Also, defense contractors (KBR, General Electric, Boeing, etc.) would be a good bet, as there is always going to be a market for defense, no matter the political climate.
neverjeeps Posted at 4:29 pm on Sep. 25, 2008
Yeah,
If I was to invest for real I'd buy blue chip stocks (cisco systems ect.) Cigarette stocks, cheaper food brands like RAH,  and any finance should be going up right now because of the new bill.
shadowpool Posted at 9:38 am on Sep. 25, 2008
You should make an investopedia account and try out the stock simulator.

http://www.investopedia.com/

Good practice and great fun. I've lost 20k already! Wasn't expecting all my options contracts to suddenly expire last Friday. . .

Light Assassin Posted at 9:33 am on Sep. 25, 2008
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.
Narfled the Garthok Posted at 9:30 am on Sep. 25, 2008
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.

Narfled the Garthok Posted 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.

Narfled the Garthok Posted at 9:28 am on Sep. 25, 2008
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.

Light Assassin Posted 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.
verl mcverl Posted at 9:26 am on Sep. 25, 2008
Alcohol and Tobacco companies
dragonking Posted at 9:25 am on Sep. 25, 2008
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.

dragonking Posted at 9:21 am on Sep. 25, 2008
I am pretty sure it was during the 90's.
marshmellowman Posted at 9:19 am on Sep. 25, 2008
My advice, at this point in time don't invest in any stocks at all.
shadowpool Posted at 9:19 am on Sep. 25, 2008
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

Catacomb Posted at 9:18 am on Sep. 25, 2008
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

dragonking Posted at 9:18 am 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.  

Most recent 15 of 17 previous replies displayed.