Cherry
Contributor
It is real tough today to decide where the hell you should park you investments or retirement funds today. Anyone have any great suggestions?
Cherry
Cherry
Where the heck do you invest these days
- Thread starter Cherry
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gmbaker
Contributor
Cherry,
the usual disclaimer applies ( if you lose all your $$ and cant go diving, I am not responsible
I dont have a magic answer, but will try to suppliment the question by telling you what I current am doing.
There is no one single answer, but it somewhat depends on your feelings on how the market will perform and your tolerance for risk.
for the non retirment stuff, I have most of my cash in a Money markey fund, there really are not a lot of short term plays right now. IMO: You need to be in the for long haul until the current state of foreign affairs gets worked out and domestically companies start posting profits for a few solid quarters. so to try to answer the question, I put most of the $$ into a money market fund. ( I am also saving for a house), but I if I had some more to put away I would dollar cost average into a S&P index fund.
For the retirment stuff, I have some of my $$ going into a S&P Index fund so I dont do much worse of much better than the S&P.
I also have a portion of it parked in cash so If I decide I like a particular stock or fund, I can jump on the opportunity.
as to particulars, I like the technology sector, this is my field and I believe in it, so even though it has been beaten down, technology has to move forward, and when the companies start making $$, the stocks and individual mutunal funds will go back up.
hope this help a little.
the usual disclaimer applies ( if you lose all your $$ and cant go diving, I am not responsible
I dont have a magic answer, but will try to suppliment the question by telling you what I current am doing.
There is no one single answer, but it somewhat depends on your feelings on how the market will perform and your tolerance for risk.
for the non retirment stuff, I have most of my cash in a Money markey fund, there really are not a lot of short term plays right now. IMO: You need to be in the for long haul until the current state of foreign affairs gets worked out and domestically companies start posting profits for a few solid quarters. so to try to answer the question, I put most of the $$ into a money market fund. ( I am also saving for a house), but I if I had some more to put away I would dollar cost average into a S&P index fund.
For the retirment stuff, I have some of my $$ going into a S&P Index fund so I dont do much worse of much better than the S&P.
I also have a portion of it parked in cash so If I decide I like a particular stock or fund, I can jump on the opportunity.
as to particulars, I like the technology sector, this is my field and I believe in it, so even though it has been beaten down, technology has to move forward, and when the companies start making $$, the stocks and individual mutunal funds will go back up.
hope this help a little.
cyklon_300
Contributor
my portfolio...avoid each and every one and you should do ok...
Ontario Diver
Guest
Defense stocks and oil companies.
OP
Cherry
Contributor
Hehehe I like the Beer idea as Kokanee is brewed here in my Home town (There are many other beers though I'd rather drink) right now I am looking at a 60/40 mix bonds and stocks with primarily stocks that have a history of returning dividends. Royal bank etc Krogers perhaps in the US. I am going to avoid too many US stocks because I dont know whats going to happen to the economy there. Any thoughts on specific companies in the Tech sector? There have to be some real deals there given the sh** kicking they took.
Cherry
Cherry
Buy a pub
PK
Contributor
Good advice is always welcome.
Dr. Jay
Contributor
I had thought of starting a "socially incorrect" mutual fund. You know, with stocks in things such as alcohol, tobacco, and weaponry.
I'm sure those stocks are doing great right now.
Anyone else want in? :boozer: :rasta:
I'm sure those stocks are doing great right now.
Anyone else want in? :boozer: :rasta:
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