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nykuryu Apr 24, 2011 08:47 PM

2011 stocks?
 
anyone do stocks here? me and the wife figure NOW would be the time do buy some stocks hoping a market return. i was kinda looking at Sirius xm (SIRI). not a crazy expensive or high return stock, but i figure some gain may be had. currently at $1.93. past 5yr high was around $5. thoughts? any other stocks to looks at?

ttocsmai Apr 25, 2011 06:19 AM

Sirius seems okay, but the only way you gain a profit on it is when it rises. You can also find some stocks that have great dividends at low prices. That is what I did and I am doing okay. I picked stocks that have a dividend of 8% - 16% on them. Real Estate Investment Trusts are doing okay and they give back dividends of 12% - 16%.

The market is up and down so just put the money in and hold on.

PUSHrod Apr 25, 2011 01:07 PM

Get a package from Vanguard. Low rates on trades, etc.

Might want to look at 'Exchange Traded Funds'. That way you don't have to gamble on individual stocks, someone else does all the homework for you and you are just betting on a market segment, (or a whole market if you like).

Once again, contact Vanguard, Suze Orman recommends them and the info package is free.

CrankenFine Apr 25, 2011 04:39 PM


Originally Posted by PUSHrod (Post 300343)
Get a package from Vanguard. Low rates on trades, etc.

Might want to look at 'Exchange Traded Funds'. That way you don't have to gamble on individual stocks, someone else does all the homework for you and you are just betting on a market segment, (or a whole market if you like).

Once again, contact Vanguard, Suze Orman recommends them and the info package is free.

Ditto. Buy n hold, pay lowest possible fees.

20_rc51_00 Apr 25, 2011 07:05 PM

you are too late, you are supposed to be selling now and buying during the next crash.... imo.... buy commodoties, given the amount of printing globally commodoties still have lots to move....

nykuryu Apr 25, 2011 08:34 PM

you really think its too late? wont it only go up from here tho? til the NEXT crash

CrankenFine Apr 26, 2011 04:13 AM


Originally Posted by nykuryu (Post 300399)
you really think its too late? wont it only go up from here tho? til the NEXT crash

Market timing is not for everybody.

ttocsmai Apr 26, 2011 04:34 AM

Suzie Orman is good, but I am a Jim Cramer person. He lives here and we sometimes get to chat at breakfast here in Jersey. A lot you can learn over coffee there is


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