Stock market investments now or later and who?

rockcity

rockcity

everyday is a chance to get better
Joined
Apr 10, 2005
Location
Greenville, NC
With the market down and most big names being somewhat affordable, I've been pondering about investing in some more stock. Anyone else think its a good idea? bad?

If you would, who would you choose?

With GM on a low since, well, most of us were born, I've been tempted to buy some GM stock. I figure GE is also a safe investment as well. Any other thoughts???
 
GE and BOFA would be my 2 suggestions.
 
What is the best way to buy/sell stocks? I'd like to get involved a little, but not sure what route to take.
 
jeepinmatt said:
What is the best way to buy/sell stocks? I'd like to get involved a little, but not sure what route to take.
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im in the same boat. i have a little money pigeon holed away that i wouldnt mind putting up but im not sure where to start. my dad does all his stuff through a broker but id like to be able to chose to buy and sell on a dime.

arent there some websites that can get you started?
 
rockcity said:
E trade, Scot trade, tradeking, ameritrade, etc.
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Yep.
Almost every financial company has a way to buy direct online now.(including Fidelity.)

If you're big pimpin, having a personal broker is the way to go.
If you're a little fish, like most of us, (guessing) then doing your own is MUCH better. The broker won't usually care enough about your 50k, and will eat lots of the profits in commission.

Of course the sad part, I'm in IT, so I know nothing, but I touch servers, so I'm "fund knowledgeable" so it's a ROYAL pita for me to do ANY stock trading. So i gave up.
 
Now is a very good time to buy, for two reasons 1) It will help you financially in the long run and 2) it will help the market recover

I would suggest buying almost anything right now, as long as the compnay is not on the brink of a bankruptcy, because even if a company is bought, or merged, the stockholders will be compensated with an equal value of the new company's stock. If a compnay declares bankruptcy, you might as well take you stocks and wipe your butt with them, because that is all they will be worth...
 
I would buy mutual funds right now.
With each share you get a share in 20-100 companies.
If one falls (who saw ENRON, Wachovia, Sprint, etc. coming) you are protected. the whole market is down and the whole market "will" bounce.
 
good info here. I just opened a Tradeking account. We'll see how it goes. haven't purchased yet, but am tempted...

If I bought GM yesterday and sold today, I would have made 33%...
 
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