I wouldn't, but that depends on how long term you are..For 1500 your only gonna get 15-16 shares of chevron..Seems like there are much better investments for 1500 than chevron, but if its money you dont mind storing away for years and years then go for it...Even if this stock goes up $20, your only at $300 profit.. If your willing to take a risk I'd go for something under $10 and think more short term (less than 1 year)
Was CXbby right? aapl has gone done 12% since hitting its high. Given the lackluster reception of Iphone 4s and their reduced ipad2 orders is this the beginning of the end? RImm was flying high 2 or three years ago and are now on the brink of going away, same with Nokia.Or will the iphone4S prove to be a big seller and we go to 600?
See i was thinking either chevron or boeing, reason why i said chevron is because their dividends is like a 3.40% which is pretty decent. Also boeing has a lot of potential, their stocks was at like 80 bucks this year and now its like at 60 so i am really indecisive right now. i am a first timer in the market but i want to treat this 1500 like a savings account because i don't need the money right now.
If you're new to the market, you probably should stick with ETFs (or Mutual Funds) as opposed to individual stocks. Just investing in a stock because it's down is never a good idea - there's often a reason it's down. You should know what the company's prospects are like - what are your reasons for believing that Chevron or Boeing will go *up*? If you have good reasons, that's your reason for investing in them. If you don't have any, it's no different than gambling. Realistically, no one can give you good advice on whether an investment is good for you without knowing your financial picture - is $1500 a big chunk of your investable funds, or a small piece? What is your time frame? Risk tolerance? How much are you going to follow the companies you invest in? Etc - I'm not saying to answer these; just pointing out that people's advice is generally going to be tailored to their situations and what is a good investment for them, as opposed to you.
If you want a nice solid fund paying a nice dividend, check out Franklin Income (FKINX). It pays a monthly dividend which tends to average 7-8% for the year.
Major- i appreciate it man, but no 1500 is just playing money. if i were to invest in both companies i would just regularly add money into it. Thank you for all the information though bro. bobrek- thank you bro!!
There are other income funds, but FKINX has always been a solid performer for us. Even when the market has been down, the monthly dividend payment has been stable. Funds like that are not a bad place to use as a savings account. You can choose to receive the dividends or to reinvest. If you are looking for an undervalued stock right now and can buy on the London stock exchange, check out Petrofac (PFC). They have a lot of backlog, a lot of cash, a lot of success. Their price has dropped along with a lot of the European shares in general, simply because of the state of flux in Europe. If you are in for the long haul, they'll eventually get back up into the 16-17 GBP range (currently around 12). They pay semi-annual dividends. The first this year was 17.4 cents per share (up about 30% from last year). The next divdend (paid early next year), was 30 cents/share in early 2011 and I anticipate it being close to 40 cents/share for early 2012.
So is this recent run up the beginning or an anomaly? I've made back some of my recent losses so I'm tempted to just sell, sit on the sidelines a while, and buy back in if it drops back down.
I'm not much of a trader, so it's really long term. But I did buy a lot of my stuff on margin and with the stagnating price the interest is killing me. So I thought about jumping out and back in. Maybe within a few days if people sour on Greece again. When I jump back in it will be just with my money. No more margin.
Sigh. Was teetering on pulling the trigger on JVA a week ago. It went up like 80% in a week, 26% yesterday alone. Super volatile stock, everyday I say the run up its over and my chance is gone and Im proven wrong again until finally today. Robbie, How can I buy the actual soft-commodity coffee? I spoke with somebody who is a wholesaler who works with growers directly and also owner of a coffee chain and said coffee prices are rising and will only continue to do so. I am a looking to invest over a one to two year term and am looking for growth stocks. Current holdings are GDX and SLV, rode out beating with silver which hurt a lot. GDX bought at almost bottom. Looking like a good investment as of now. Been looking at this thread for a while. *chuckles* about people clamoring to buy BAC when it dropped sub, $10. Looks like it could be a good investment maybe further down the line if it continues to drop as US government will not allow it to default, but right now to many legal issues and litigation (AIG) etc.
It's proving to be a big seller and RIMM is doing everything it can to become completely obsolete with this recent outage.
bobrek, what would you suggest as the easiest way to get into that Franklin Income you suggested earlier. would appreciate the feedback from you as well as robbie, both seem to know exactly what you're doing.
Market sentiment is weird, market wants to go up but traders are all waiting for a pullback. Took profit and will sit on side line, only holding a few call contracts. You guys think the rally is overdone?
this is silly, "europe's fixed, rally", "europe won't be fixed, sell off" this has been going on for a freakin year i'm not a trader and even i can see that pattern
That Franklin fund looks expensive. It's got a 4.25% front load (meaning you paid 4.25% to buy it) and a .65% annual expense ratio. The yield is 7.07% and the dividend has been very stable, but you are paying a lot to get that yield.
