What do you guys think of these investments?

Question

I'm about to start my stock portfolio and i had three major investments in mind: Ford, Bank of America, Fedex

As gas prices drop, people will start back buying SUV's, and ford is a conerstone american company, no way it's going out of business.

As foreclosures start to decrease, banks will be profitting more than ever.

People will always have things to ship, and besides, the holiday season is fast approaching.

Smart investments with great yield?

Answer 1

I am not trying to be sarcastic but I think you should read a few investing books before you go throwing your money away... These are decent companies but your best bet is to invest in low cost no load mutual funds, etf's, or index funds. Open a roth IRA and do dollar cost averaging. The long term investor usually wins out. And even if gas does drop people are still not going to buy SUV's because who knows if it will sky rocket again.  

Answer 2

They sound decent to me and looks like you have done your homework...Pick the best stock broker, one with low fees.., it took me some time to see that most of my gains were lost to the fees i paid to actually buy stock and sell it, i suggest zecco, they are the ONLY ones who offer free stock trades.

http://friends.zecco.com/r/a7a2877caab81...

Answer 3

I would be careful with american car companies. By the time recession ends, the asian car makers would have had greater share in the market and much deeper roots into the market, making it difficult for american car makers.  

Answer 4

i would say to invest in something int'l like fedex and pfizer.

Answer 5

It wont last I would hang in there a little while and make sure.  Unless you have money to waist unlike most of us.  We are comingup to election time soon then see what happens.