Chris asks…
Do you support socialism and will Hillary steal your money?
“I want to take those profits. And I want to put them into a strategic energy fund that will begin to fund alternative smart energy, alternatives and technologies that will actually begin to move us in the direction of independence.”
While I agree with energy independence, Isn’t that socialism?
I hope you don’t have a 401k with energy stocks.
profits must be equitably adjusted
OK socialist.
The Expert answers:
No, I don’t. And, yes I do. She will shred paperwork so we won’t be able to prove either. I think we should ban her from using or owning paper shredders.
Sharon asks…
What to get my dad for Christmas?
He’s into finance (especially stocks), religion (Christianity), vegetable gardening, alternative energy, gun collecting, reading, and electronics. In the past I’ve given him books and ties that just end up at the back of his closet. I’m looking for something he’ll use and enjoy.
The Expert answers:
A magazine subscription. It is the gift that keeps on giving…every month! Or whatever. Isn’t Fortune Magazine a magazine that deals with money and stocks?? That might interest him..
Susan asks…
What is the best way to invest $100,000 to $120,000 in the stock market?
I’m thinking about purchasing half in alternative energy related stocks, maybe $10k each (if I can find 5 or 6 good ones) and half in a personal opinion stock that is about to split 3:1 and is the only company in it’s field.
I did not ask about mutual funds. I have SEP, Roth, and a Rollover IRA. This question is ONLY about the stock mkt. This is extra money I can afford to lose but, of course, would rather not!
Sorry, I realize mutual funds are also “the stock market” but I’m max-ed out on my SEP (raised my salary to take full advantage) and my Roth. I am ONLY talking about individual stocks.
Also, when I say alternative energy related stocks, I am referring to Bio-Diesel, Photo-Voltaic Cells, Wind power, etc. I’m not talking about one segment.
I’ll also re-iterate about the one personal choice. I’m exaggerating when I say it’s the only company in it’s field. There is one other that is insignificant. 3:1 stock split happening Thursday. It is recession-proof.
One other thing – I’m not interested in “Day-Trading”. I’m only looking at long-term investments.
The Expert answers:
Putting half of your basket into one sector is a pretty bad idea. Ususally industry stocks all go up and down at the same time. Bad news from one company, will drag down half of your portfolio. You should have AT ABSOLUTE MOST no more than 2 stocks in any one industry…however one is better!
Paul asks…
What are the best stock to invest in for 2011?
Its 2011 and i was wondering what are the best stocks to invest into. I was told to invest energy alternative ones and foreign ones but i do not know which ones because im new to this. Can anybody help me with this or give me tips so i can do good because i know its a high risk with stocks
The Expert answers:
Here some good stocks IMO from the energy sector like you said you were intrested, particulary alternative energy, namigly wind.
Mas Tec, Inc. (MTZ)
Owens Corning (OC) – many people only consider this co. To be a home builder but they are very much involved in glass composites that make up the wind dial
Illinois Tool Works (ITW)
Eaton (ETN)
Daniel asks…
good virtual stocks to invest in the next 6-9 months, $100K starting budget?
this is a virtual stock game competition at my school and the time duration to sell would be in the next 6-9 months, the problem for me is that i cannot change what i buy!, so i can’t just do short-term investment and then sell it when it drops, which is what i want to do…i have to do investments that i keep for at least 6 months, i dont know for sure since i dont know when they actually determine and tell me who’s the winner. So the sell date is in 6 months, or half of a year, in 2010 of course. My idea is of course to diversify as much as possible but also keep penny stocks.
my first would be a major food production company, 2-3 energy companies, including alternative energy. A specific one for oil would be Exxon Mobil. Miscellaneous could be either gold or silver, a “drug” medicine stock, and foreign stocks. I will also take a few percent of the 100,000 and put into penny stock.
Since i get to start with such a high amount i have alot of freedom in what i invest, but i want to be careful though, because even though its not real its for a competition…(nation wide, but the winner is determined by the best performing at a school only)
anyone have any suggestions either specific ones or just general catagories all of them are appreciated!
no you dont have to make me money but if you have any good ideas or suggestions just let me know.
Thanks.
The Expert answers:
A good “story stock” is one whose fortunes will rest on whether their products become popular or not.
I am currently watching a biotech stock called MNKD. It is coming out with a revolutionary way of administering insulin into the body – for diabetes. Instead of the usual ( painful ) injections, they administer it through an inhaler. Cleaner, quicker, no pain, and no needle marks.
If this product is approved by the FDA, it could work out very well for the stock; they have applied for approval, but a decision is not expected to happen before January 2010.
So, you could put some of your virtual funds into this stock, and hope that the product gets approved. The stock is currently at about $9.70 right now. Potentially could go into the 20s or 30s if things go well for them.
But, as I said at the beginning, it is a story stock. If this thing does not pan out, the stock could go back to $5 or worse.
Hope this helps you. Good Luck.
Powered by Yahoo! Answers