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http://moneycentral.msn.com/detail/s...e?symbol=fsenx
I bought this 3 years ago and I double my investment. You will never complain about paying out the a$$ for gas again. |
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Bank of America - It's one of the few banks who haven't lost money in any quarter during the downturn but their price is in the mid 30's. They don't have a lot of bad paper and they pay a .64cents per share dividend.
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Last week, March 6th, the American Cancer society released this article, intentionally after the market had closed.
http://news.moneycentral.msn.com/tic...58&Symbol=EXAS Ok, maybe not the most glamorous stock pick, but we want to make money, right? I checked out the price of the stock it was talking about EXAS and it was around 2.00 a share. Cheap for any and all. I could see the money on this one going up the following day after this news. The next day it was over 3.50. 150 percent in one day. Hey thats not bad. This stock to me is just a hit and run. Make your money then get out. Theres money to be made out there, you just have to be careful these days. |
Lending-club or one of those types of sites looks a lot more enticing than this stock market. As for tips, can't believe no one has said this, buy low sell high! Glad I could get that one in.
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I've heard a few places suggest that when the market stalls, certain commodities can really cash in for you. But trading them is a whole new ballgame. |
is anybody making money right now?
I guess just the day traders who get lucky with a pick, but that's about betting on dice these days. My heavily diversified and balanced portfolio is down -6% this year. |
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If someone wants a pure commodity play I'd suggest an ETF for whatever you're interested in. One ETF for a play on gold is GLD. It tracks the price of gold and is very liquid. There are agriculture ETFs for a play on the rising prices on of a mix of grains. Do some research and invest in something you know about (maybe the industry you work in). |
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I think everyone is taking a hit right now. I have some gold and silver mining stocks that have doubled since this time last year. And still going steady. But the mutual funds are all down. Best advise is be diversified. Im thinking of taking a couple of my mutual funds and selling them. Keep the money in reserve, until the economic outlook is better. Yesterday in the news most of the economists agree we are heading into a recession (newsflash):shake:, . Any opinions on if i should or shouldn't do that? |
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Thats a good pick also. I looked into that one but stuck with GG. Can't go wrong with either. |
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all i mean is i pass the word along when one blows my way |
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