I should buy stock. What should I buy? Comment quick, maybe I’ll do it today… if I get rich, I’ll take ya out to dinner or something…
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Index Funds
I have learned that stock picking is not one of my “core competencies”. 🙂
I just put my money in broad index funds. The Fidelity FSTMX is one. There are many others. Look for one with a low expense ratio. If you believe that the market will rebound then you are bound to win doing this even if we have a recession and a number of companies go bust.
That’s a good question
Even Zach’s stock in his college fund that the State invests via the PFD lost major bucks. We have found that putting the boys’ money into CDs has been the best thing overall so far.
As far as stocks go we are buying Motorola at dirt cheap prices right now. We’ve never gone wrong with them. In the ones we have bought over the years and have actually kept we noticed that Atraya’s Matel has actually been the most steady, even now. Each of the kids were able to chose one stock that dad bought 10 shares in for each child. Atraya chose Matel and has done very well compared to Cassie’s Coca-Cola and Zach’s Disney.
Ultimately you are the one who has to choose so good luck with that and if you do get rich… Jazz Club, here we come 🙂
Pharmaceuticals, Medical Equipment developers and Food suppliers (grain, corn, rice, soy, etc.)
its too late to say Google isn’t it? 😀
Apple Inc.! I heard a recommendation to invest in McCormick.
After our meeting in CA, I’d say “Hallmark” is out too. 🙂