SouthJerseyGuy
|
I would invest in a CD from E-Trade Bank (http://bank.etrade.com). In the meantime, until that matures, I would goto the library and rent one financial book a week. Read it thoroughly. When the CD matures, if you find something savvier to do with it, move the money to that product. If not, let the CD mature. Watch CNBC and Fox Business Channel when you can. |
Lover of GOD
|
Well, if you're interested in stocks, I prefer metals and mining stocks, for the most part. Here's a few you could look into:
#1-- Coeur d'Lene (CDE) is a metals and mining stock. right now they're sitting on a HUGE silver deposit. It's share price today ALONE rose over 12%. I am subscribed to the "Penny Sleuth, and they say this is going to be a a "multiple bagger', meaning that you could make several times your money-- OR MORE!!.
#2-- Gold Resource Corp (GORO) is a junior mining company siting on a large cache of gold, and is ripe for a buy-out by a large mining company, which could give you another "multiple bagger.
#3--Sturm and Ruger (RGR) is a weapons manufacturer (rifles and pistols) and was, within the past few days, standing at a near-52-wk. LOW, which makes it ripe for the picking. It's share price went up over 6.5% today.
#4 Gold Bugs Index--(GLD) This stock's price is based on the current price of GOLD, and is currently at over $82 a share, but headed MUCH higher. When you buy ONE share of GLD, you are buying 1/10th of an ounce of GOLD. Gold prices are headed within the next year, it is estimated, to over $2000 an ounce-- and POSSIBLY as high as $5000 within the next 2+ years.
#5 Vista Gold (VGZ) is currently on another upswing. In the past 5 days, it's share price has gone up 42 cents a share. VGZ is not into the mining phases of gold, rather, they are in the acquisitions of smaller mining firms/properties, and they wait until the price of gold increases to where they deem it profitable to mine the prescious metal, and sell it for large profits. They are called 'Gold Hoarders, and are only 1 of 2 of these types of companies. The other one is---
#6--Seabridge Gold (SA). This one has been a great money-maker. When it it was first recommended by Stansberry and associates, it was a 'penny stock' (under $10 a share) Today, ABOUT a year-and-a-half later, it's share price stands at $30.09 a share
#7-- Allied Nevada (ANV) is another another junior gold co., and was created by VGZ last spring (If my memory serves me correctly). Initial offering price was $4.50 a share-- today it sits at $6.19 a share.
#8-- Johnson River Coal (JRCC) is another good one. I got into this one about a month ago, and about 2 out of every 3 days, it's share price has gone up. Virtually ALL coal company stocks have risen, some SIGNIFICANTLY.
#9-- International Coal Group (ICO) is another good recommendation.I can't give you percentages, but they have shown some nice gains, as well.
And finally, #10. I only have only one energy stock play, and it pays a nice dividend. It is-- Harvest Energy Trust (HTE). I have this one in my Edward Jones portfolio, and it has done VERY well.
So, there you have it-- Hallsie's top ten list. If you DO decide ot invest in the stock market, remember-- do NOT put more than 4-6% of your investible income in any one stock, unless recommended to do so by a REPUTABLE INVESTMENT FIRM!! Most of the stocks I've listed are UNDER $10 a share, with the exception of GLD, SA and HTE.
HAPPY INVESTING!!!! |
The Professional
 |
Usually Ill tell you to invest in education, but the first poster already said that, so Ill give you a stock. Actually, how about a twofer?
From your previous questions I see you're a football fan. Do you ever stop to look at what brand the players uniforms are? They are usually Nike and Under Armour. The symbol for these companies are NKE (Nike) and UA (Under Armour). You can look these up on the Yahoo Finance page.
Looking at Nike's chart, it appears they have always been a consistant winner and are probably a bit less risky than UA. Under Armour is a bit of the newcomer (Its IPO just came out in 2005) and is probably riskier than Nike. Looking at UA's chart, you can see that they have come down a bit in the past few months. Though this might scare people away from buying, lets think long-term. Over the long-term, I think UA will be a great company.
I recommend both Nike and Under Armour, but you should look into these guys yourself and see what you think. If you need to learn how to valuate companies, check out my blog. I have a few articles on educating beginners on this subject (Don't just read one article).
- There's a link under 'About Me' in my profile
Good Luck
- Black |
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
