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Old 10-10-2008, 11:44 AM #1
dmansr25sd
 
 
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Join Date: Nov 2004
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Looking to enter the market....now that it's getting good

Hey everybody I have a couple grand, ~3 that i was going to play around with one way or another. The way the market was going a month ago I had planned to put the money into some kind of gov't bonds until i get out of college or later just so it earns a little something something.

Now that the stock market is doing awesome I am looking to put some money in it while it's down. I was looking at anywhere from 500-1000 to put into the stock market and get a nice and diverse selection of previously stable companies. I haven't quite came up with my main focus area, but i'm willing to hold onto these stocks for the next 4 years so the way i see it is that some of what i invest in must come back up to their previous level of functionality, barring out bankrupcy or otherwise. I am not really looking for any of the counter cyclic stocks that might do "better" now than before, but rather the old standbys that should come back up.

So in conclusion two questions
What online trader should i use for a low level investor with a low number/rate of planned trades?
and
What companies/sectors should i invest in for a 3-5year duration?

On a side note, what about FNMA? They haven't lost complete stock value yet, would it be worthwhile to put some there anticipating a successful gov't bailout?
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Old 10-10-2008, 01:55 PM #2
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Look for big companies name, quality, "best of breed" companies with high dividend yields.
Keep in mind transaction costs when using such little money
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Old 10-10-2008, 03:12 PM #3
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Stock market is doing awsome?
am i in the same world as you?
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Old 10-10-2008, 03:32 PM #4
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it's a buyers market is what he meant
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Old 10-24-2008, 11:00 AM #5
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Quote:
Originally Posted by Thrill.Ride07 View Post
Stock market is doing awsome?
am i in the same world as you?
yea? wat r u talking about? we (including me) r all getting raped by the stock market right now....
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Old 10-24-2008, 11:56 AM #6
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not everyone is "getting raped"....some people are celebrating right now
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Old 10-25-2008, 01:24 AM #7
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not everyone is "getting raped"....some people are celebrating right now
Well its definitely not the people of Iceland

http://www.npr.org/templates/story/s...oryId=95985598
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Old 10-25-2008, 10:38 AM #8
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What makes this a buyers market right now?
Investors are running off scared selling all thier positions. Its bringing new buyers into the market! On discussions at the water cooler like "its bound to go back up" "buy now and retire young" yak yak yak, i say wait, this thing is not over. why turn your 50,000 into 40,000 when you can wait off a bit and try and catch the boat on the way up to turn 50,000 into 55,000 within weeks of the market recorrecting itself.
It doesnt make sence to put in when there is no security.

Yes ofcourse people are popping the champaign put that doesnt mean everyone else is.

I say hold off, atleast another 5 months, this recission isnt over!
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Old 10-25-2008, 12:19 PM #9
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Quote:
Originally Posted by Thrill.Ride07 View Post
I say hold off, atleast another 5 months, this recission isnt over!
Yes, but, the market will recover before the economy starts to show signs that it is, as the market looks to predict the future.
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Old 10-25-2008, 01:19 PM #10
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couple of stocks

Wellsfargo - avoided subprime lending for the most part
Aegon- pension/life insurance/annuity company. (pays dividends every year, and at 5.00 a share for how well there balance sheet is they will easily rebound to 15.00 a share when market comes back.
John Deere- Is currently still falling was trading at 90.00 plus earlier this year... Is around 30.00 now...

Diamonds (DIA)
S&P depository receipts (SPY)
Spider Financial (XLF)
Powershares QQQ trust (QQQQ)
Goldman Sachs (GS)
Apple (AAPL)
McDonald's (MCD)
Market Vectors gold Miners (GDX)

Morgan Stanley (MS)
Boeing (BA)
Citigroup( C)
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http://www.pbnation.com/showthread.p...2#post64366912
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Old 10-31-2008, 06:09 PM #11
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Cash money...

Ok people last week at this time I told you that a rally was coming in the market, and I touted 11 stocks right here. Well I thought that I would give you an update on those stocks.

NAME------------Open 10/24----------Close 10/30-----%
DIA--------------$79.97--------------$92.50---------15.67
SPY--------------$84.87--------------$96.30---------13.47
XLF--------------$13.17--------------$14.81---------12.45
QQQQ------------$28.12--------------$32.84---------16.78
GS---------------$96.62--------------$91.11-----------5.70
AAPL-------------$90.28--------------$111.04-------22.99
MCD--------------$52.00--------------$57.87--------11.28
GDX--------------$15.84--------------$21.70---------36.99
MS---------------$15.57--------------$16.09---------3.33
BA----------------$42.97--------------$50.70---------17.99
C-----------------$11.99--------------$13.11----------9.34

Now Goldman will sack you lost money and Morgan Stanley would have qualified for my stop loss, but all the others are doing nicely. I think that there still is quite some upside to go, although the financials really haven't been participating yet and we are coming to a resistance level at 9500. If the financials can manage to follow along here for the next couple of days, the market could break through the 9500 level and start heading for the 10500 level before it all comes crashing down again. However, it has already moved over 10%, and if it fails here, rest assured I will catch it and get some of the 10-15% decline that is sure to follow.

That's a 13.8325% gain on funds invested
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http://www.pbnation.com/showthread.p...2#post64366912
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