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Printable Version of Topic "stocks to invest in."

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-- Posted by dragonking 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?


-- Posted by shadowpool at 9:16 am on Sep. 25, 2008

McDonalds, Walmart, and Costco.


-- Posted by Ashtrey8 at 9:17 am on Sep. 25, 2008

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.


-- Posted by dragonking 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.  


-- Posted by Catacomb 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


-- Posted by shadowpool 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


-- Posted by marshmellowman at 9:19 am on Sep. 25, 2008

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


-- Posted by dragonking at 9:21 am on Sep. 25, 2008

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


-- Posted by dragonking 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.


-- Posted by verl mcverl at 9:26 am on Sep. 25, 2008

Alcohol and Tobacco companies


-- Posted by Light Assassin 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.


-- Posted by Narfled the Garthok 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.


-- Posted by 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.


-- Posted by Narfled the Garthok 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.


-- Posted by Light Assassin 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.


-- Posted by shadowpool 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. . .


-- Posted by neverjeeps 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.


-- Posted by holysaiyan1 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.


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