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Opened an ETRADE Account today Updated!

This market.......wow crazy.. With E-Trade your first 100 buys and sells are commission free.....Hell....that is a lifetime of trades.

I am sitting on the sidelines......
Put together a $5000 Portfolio......What would you buy???
Help me here......

I am going to buy some of the rock solid companies.

100 Shares of Ford $200
20 Shares Toyota (TM) $1200
50 Shares of GE $900
50 Shares Honda (HMC) $1000
10 Shares Caterpiller $450
100 Shares GM $200
200 Shares Advanced Micro AMD $800
10 Shares Costco (Cost) $510
10 Shares Fed-Ex (FDX) $660

Wal-Mart?

These are my first thoughts....
Would love to have some input??
Also, can anybody recommend some good Gold Mining Stocks, and where to read about the top 10??

Thanks for your input....

Please don't post how I should not do this.....I am not doing it yet....and I am hedged with land, and Metals already....I have cash on the sidelines.....and their will be a point to get in.

Thanks!!!



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Join Don Harrold

Don Harrold has consistently picked winners, even when the market goes down. He is a staunch Ron Paul supporter as well - has a few interviews of Ron Paul posted on his blog. You can join his Gold service for $50/mo for swing trades. He also has a day trade service (Platinum) for active day traders.

http://www.donharrold.net/

I'm no financial expert, but

I'm no financial expert, but I would have invested in WalMart first. It's the strongest consumer business in the world.

Car companies, by contrast, are being severely impacted by the economy. Buy in now and you might do well because we might be near the bottom of the bear cycle, and if so, it's a buyer's market. If not, their stocks might go much much lower and stay there for a long time.

What about beverage companies like CocaCola?

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Michael Nystrom's picture

A lifetime of trades, but

Check the fine print. I'm pretty sure they want you to use those trades within the first 30 - 60 days of having your account, or something insane like that.

They want you to trade, man, and this is capitalism. You think you'll get anything for nothing?

As for your plan itself, I wouldn't buy any of the industrial companies. I'm pretty sure we're headed into a global depression. Buying Ford or GM won't do you any good, as they're likely going out of business.

Your list is composed of old economy stocks - everything that worked during the 1982-2000 bull market. Rather than look back, look forward. I'd check out some of the emerging energies - solar, wind, etc., as well as different kinds of emerging materials stuff -- all kinds of the stuff you've never heard of. I can't give you a list yet, because I've just started researching it.

He's the man.

invest in pawn shops :(

~Mikael / Peace, love, Light and unity ~

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
Stop the NWO....It's just illumi..Naughty !

i wouldtake all that money,

i wouldtake all that money, margin it with a %20 stop loss and short the DOW, it will open up lower on monday, and dont forget if the market whipsaws, you have the stop loss, just be ready to open the other way again
MARCH ON!!

An Eye for an Eye will ONLY make this world go blind~Ghandi~

Buy some puts

I'm making a killing buying "puts" on financials.....its like shooting fish in a barrel.

I'd wait until the market completely bottoms out.

But then again, I like to buy as low as I can and hold on to them for the long term.
----------
"We will never give up. We will never give in." - Dr. Ron Paul

----------
"We will never give up. We will never give in." - Dr. Ron Paul

Advice

The most important stock tip that I ever received was to diversify. When you spread your money across different industries and types of investments, you reduce the risk of losing money. Think of all the people who had their entire retirement funds invested into Enron, Lehman Brothers, WaMu stock, or all the dot com companies that went bust. They lost everything because they didn't diversify.

4 of your 9 stocks are all in the auto industry. What happens when the auto industry goes through a major downturn? That's 44 percent of your portfolio in the red!

Now, here's what I would do. Go to your local library, pick up some books about investing, and read them before you start dumping money into the stock market. I recommend "The Boglehead's Guide to Investing" (http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Lari...). Good advice and very easy to understand. If you're going invest several thousand dollars, you should really do some serious research first.

Next, I would recommend investing in index funds and holding them for the longterm. Best way to diversify, consistently outperform mutual funds, and since you'll be holding them for the longterm, and you won't need to worry about the fees and commissions that come with frequently buying/trading stock (because eventually e-trade won't be giving you a good deal, assuming that they haven't shut down or gone bankrupt in a few years).

Note: I feel hypocritcal giving out stock advice given the events of the past few weeks, but you asked us not to talk you out of it. If you're going to invest anyways, might as well do it right.

I would

buy Kraft.

Buy Some Wordlogic WLGC

Read about it. They have a patent dispute on interactive technology. They won....now let's see what happens.

Deb

Deb

I'm long on AAPL

Growing market share, record profits each quarter, no debt, twenty billion in the bank.

BTW, of your list above, I wouldn't consider any of the US auto makers a "rock solid" stock by any stretch of the imagination. They're all buried under their own version of the baby boom time bomb. Their pension obligations will kill them.

-jcr

"The problem with trying to child-proof the world, is that it makes people neglect the far more important task of world-proofing the child." -- Hugh Daniel

Not so

one of the things that GM did in their last contract negotiation with UAW was to shift the responsibility for the pensions to the union. However, I would not invest in them because they have been planning on their own destruction for a while and is why most of their assets and productive capabilities have been transferred to Toyota, which I would look at buying.

Don't buy on the downturn....

That would be a mistake.

If you had said a year ago that it was a distinct possibility GM would be bankrupt and shut down, everyone would have laughed (the RP syndrome).

Now, everyone just shrugs and shakes their heads in mute agreement.

Right now, NOTHING IS A SURE THING.

Hold off. Stocks bought now could lose you everything.

Just my$1,745.63 (Used to be 2 cents...inflation and all)

I may not know the truth, but I know when I'm being lied to...

I may not know the truth, but I know when I'm being lied to...

personally

personally i'd use it to set up a wind turbine power generation system. thats plenty of money to set up a system to power a decent sized home.

Forget all the above

Look for Junior mining companies if you want to make some real money ;)

some like UXG are selling very cheap right now, 0.83
They reached 240$ in 2000 thought!!!

Look for others like sdrg, .....

www.wtpcast.com
www.wtpcast.com/default.aspx
www.wtpcast.com/default_for.asp

A silver mining company I have been accumulating is

Silver Eagle Mines - SEG on the Toronto Exchange or SVEGF on the pink sheets in the USA. I buy the SVEGF because I believe the upside for the Canadian dollar will increase the ROI.

Boy

I don't know about this one......Maybe throw a couple hundred bucks at it.....but it looks scary. Just the trading volume (Average) is scary

You need to re-watch those peter schiff videos

And you'll agree with him that junior minning companies will be worth tons of money

search around what best mining companies will be great for you, there are a lot of website ranking them, just google around

www.wtpcast.com
www.wtpcast.com/default.aspx
www.wtpcast.com/default_for.asp

I am all in

on these type of companies....

If you could suggest the Top 10 Juniors...

I have looked at all the sites...but I have huge problems picking 10 of these....

Any specific site that rates the Juniors??

I open an Etrade account 2 weeks ago I too am on the sidelines

Depending on what happens I am thinking about loading up on GE.

"Lead, follow, or get out of the way."
-- Thomas Paine

How about

Financials?? Which Ones...Which Ones...their are going to be some HUGE Winners and HUGE LOSERS.....

Hmmmmm

One of the strong regionals is Colonial Bank

CNB on the NYSE. Its Texas ratio is still less than 50% and seems to have a decent chance for survival. Any of the financials that survive will make good long term investments, but that is the risk when the FDIC can arbitrarily force one into insolvency. I am waiting till they get below ~$3.50/share though.

I'de think Goldman "Slachs" might be a big winner.... maybe

Be careful in financials tho

"Lead, follow, or get out of the way."
-- Thomas Paine

E Trade in Danger

Did it occur to you you don't get something for nothing without a reason? Check out Money & Markets who has been reporting eTrade is in danger of closing. Martin Weiss of M&M has been posting lists of who is going down or in danger of going down. He has been right about 98% of the time.

Also check out banks here:
http://victory1project.wordpress.com/ for a list of banks in a variety of states. SunTrust Bank is pulling tricks to trick their customers by deceiving them.
I wouldn't deal with eTrade but Scottrade might be better.

Detective Krum Investigates:
http://victory1project.wordpress.com/
http://v1-p.com/

Detective Krum Investigates:
http://victory1project.wordpress.com/

Well

What other place would you recommend besides Scottrade?

It is information like this that I need...Thanks!!!

OK

Here is a copy from an email I received. Watch the webcast at noon. If he doesn't cover his list, email me and I'll send you his list.

Date: Friday, October 10.

Time: Noon Eastern Time.

Medium: Online video webcast.

Content: Purely informational, no advertising.

Instructions for attending:

1. Make sure your computer speakers are turned on.

2. A few minutes before noon Eastern Time tomorrow, simply click here.
http://www.gliq.com/cgi-bin/click?weiss_martin+EVA-87674-lin...

3. To log in, the program will ask you for your e-mail address, first name and last name. Then, click “enter” and wait for the application to connect. The online briefing will begin promptly at 12:00 noon Eastern Time.

4. If you need additional assistance logging in to the online video webcast, please call 1-888-895-5479 and provide confirmation number 22936373. This technical assistance line will only be available after 11:00 ET, Friday, October 10.

Best wishes,

Martin

Detective Krum Investigates:
http://victory1project.wordpress.com/
http://v1-p.com/

Detective Krum Investigates:
http://victory1project.wordpress.com/

Will be Watching

:) Thanks

Couple of suggested substitutions ...

Toyota and Honda for GM/Ford

Applied Materials for Intel

Skip airlines all together ... unless you wish to consider some of the airlines based out of developing countries.

WAHOR!!
http://www.dailypaul.com/node/48994