I know there are alot of investors on the board and was wondering what some of ya'll were putting your money into these days. I'm currently in mostly cash and am only playing one stock....an OTC penny stock actually (GZFX - Gamez N Flix). It's a Netflix type of company that rents movies and games. I mentioned it in the XBox 360 thread, then decided to take a small position on the hopes of it doubling or more over and beyond the holidays. I'm looking for something less risky than an OTC stock like GZFX. I am tempted to pick up some Ford if it gets close to $8 or lower again, but may hold off until after the new year.
Anacott Steel. Blue Horseshoe loves it. Seriously, I'm pretty heavy in a leveraged S&P 500 index fund right now. It returns 2x the S&P 500.
Real estate funds are really big right now. I've got about 40% of my money in Fidelity Real Estate Investment (FRESX) and getting good results for almost a year now.
Real Estate moves opposite interest rates. Good luck with that one going forward... I'd sell it now and take your money.
Yeah, I had some of my 401k in that, but recently moved the contributions to my Fidelity Latin America Fund which is up almost 40%. The Fidelity New Markets Income Fund has been giving me some good dividends and has been climbing steadily.
before looking at ford you might want to look at something that isnt at risk of bankruptcy. delphi bankrupt gm significant chance of bankruptcy ford 10 times more debt than equity losing proposition.... look for things that are growing and not contracting.
If I were a young unattached male right now I would be headed for Fort MacMurry Alberta. Fortunes will be made! It is the center of the World for energy production. Tar sands producing vast amounts of oil till the natural gas used to produce it becomes more valuable than the oil. And one more step into the future, vast uranium reserves. The funny thing ( ) I see happening is that we will exploit the tar sands till there is such an uproar over greenhouse gasses that the world will have go full tilit back into nuclear power expansion. Short term, long term If your young and have a long investment horizon you may want to add a little bit of Uranium to your portfolio. http://ezinearticles.com/?Investors...ng-Stocks,-Again:-A-Favorite-Emerges&id=99971
I sold my shares in Berkshire about 2 months ago after it had gone stagnant for a while... too much money to be had elsewhere (energy, gold, raw metals/resources, India, Japan, etc. at the time)
Wish I had kept that one when I owned it at 0.69. I'm wary of them at $7. Everyone is hyping that they have Stern, but $500 extra, extra large is alot of money to give him IMO.
I remember when I was unemployed in the summer of 2001 and wish I had about 10 grand to drop on Cisco stock, it was down to like a $1.30 back then.
Are you sure you're thinking of the right stock? The lowest Cisco's been is around $10.50 over the past 5 years, and that was in the fall of 2002.
CRAP! I agree with one of the twins! The world is surely coming to an end. I've been watching closely. But this fund has been so good all year long and I've made a fortune off it, I hate to say it may come to an end. I've been itching to put it into thrift for now, but I may wait a bit longer. I waited out September and October because of the hurricanes, but I worry how much longer it will ride.
