View Full Version : Investing question?
ShaneS 04-16-2003, 05:09 AM I am currently using Sharebuilder to dollar cost average on buying stock for the long haul.My question is do my choices look good,just want some feed back.I am going to invest bi-weekly into JNJ,MVL,BAC,MCD,MSFT,and PEP and let it ride .I currently have some stock in SIRI,THC,and CVSC.I am 31 and me and my wife are also contributers to our 401K's.I am already investing into mutual funds in my 401k.
If you're considering a formulaic approach, think about mutual funds.
InvestPro 04-26-2003, 03:51 PM Congratulations on your decision to invest for your retirement. You are off to a good start.First off, let me say that maxing out your 401k contributions is #1 important, especially if your employer gives matching contributions - that is free $!Second, if you are investing in these stocks and keeping an eye on them each day/week, and you are in it for the long haul, you should use tax sheltered investment vehicles like IRA's. Specifically for your age, ROTH IRA's as they give you the best tax advantage when you retire. If you continue to manage your own portfolio, rather than turn it over to a fund manager (like your 401k is) you can self-direct the IRAGo to www.trustetc.com for info and help on how to set up an account. You can also invest retirement funds in this IRA in real estate as well as stocks. It is a wonderful advantage.For 07 (until 4-15-08) you can contribute up to $8,000 (married filing jointly) and for 2008 10k (married filing jointly) in a ROTH or individual IRA and either can be self-directed.Go to this website for more info www.nationwidepropertyinvestments.com and click on the retirement page and earn 12%. Contact me via email for other details.Good luck and happy investing!
Those are all solid companies that will be around for a long time. Good selections.
ladyren 05-07-2003, 02:33 AM I'd suggest you buy into my investment resource... Investech.com. The guy is out of Whitefish Montana, and issues a publication. He charges $299 per year, and regularly beats the market. (your cost is tax deductable.) He has a model portfolio for those interested in individual stocks, (I don't think any of yours is in it) as well as those who wish to use only mutual funds.I did depart from his recommendations for a three year period.... he had approx 20% of his portfolio in Asian stocks, in particular T. Rowe Price New Asia at the time. I left over half of mine in it. I purchased it at approx $11, and sold it at $19, obviously adding tremendously to my 401B plan. (His recommendation for that stock right now is less than 3% and I am out of that one entirely, because I feel Asia has lost its appeal to most investors.... and indeed that stock has dropped, as has Fidelity's Japan Fund, which I had for awhile as well.) You're young, but money is money. In this market, I do believe the best any of us can do is just not loose it. So tho I am only really familiar with MSFT, I'd suggest you have a look at this guy's stuff... I think it is better than Morningstar. They'll probably send you a complimentery copy..Google the website. As well you ought to be reading the Wall Street Journal on occasion, as well as Barron's on Saturdays."Whitefish" is a rather conservative investor, and now I as well have to be since I am not working.... retired at 48, now 57, and I do not plan to go back to work... But I made it at 25 years in working.As well, I will quickly add that investing is far easier without the burden of kids.... each of which will cost you $250,000 to age 18 (bare minimum)... a considerable chunk. We opted out of the baby bit, and travel all over the world instead.... Africa 8 or 9 times, Asia, (Nepal) central and south America... Neither of us is sorry, but that isn't for everyone.... Guess we like symphony tickets better.Helpful I hope?
Marla 05-12-2003, 07:54 AM They all seem to be good fundamental stocks. But asking my opinion Marvel Entertainment Inc. is a risky one and they did come out Bankruptcy once already. Yet by the middle of the decade, the industry had slumped and Marvel filed for bankruptcy amidst investigations of Perelman's financial activities regarding the company. In the mid-1990s, it experienced sharp declines in both businesses, causing it to file for bankruptcy in December 1996.
kamillian19 05-17-2003, 01:15 PM If you are in it for the LONG HAUL most of these are good companies. I think the market will stay short for a bit though. It just broke a major support level and it is an election yr. You can buy and sell for lots cheaper with interactivebrokers.com but they dont have great charts and they are not as user friendly as sharbuilder. Also, if you are an advanced enough trader, maybe you should look at buying some leaps so that you can leverage your investment?
bodyguard731gr 05-22-2003, 06:36 PM i like MSFT and PEP. For your 401 you are too much offensive! Try long term ETF and monthly depositions.
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