Question:

What would be the best of the best stocks I could invest in especially during our economic inflation?

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I'm thinking Sony/PS3 as one but I honestly have no clue.

Thanks

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8 ANSWERS


  1. Diversification is safest.

    Buy one of Vanguard's target retirement date funds because, as you said: "I honestly have no clue".

    http://news.morningstar.com/articlenet/a...


  2. Without having more information about your personal information, such as age, current income and other data such as risk tolerance, martial status, and demographics it would be very inappropriate for me or any other person to provide specific investment information in this type of media

    Visit websites like MSN Money and Yahoo Finance.  (http://moneycentral.msn.com/home.asp http://finance.yahoo.com/ )

    While at MSN following the strategy lab analysts to get a feel for what the pros are doing and why.  This site has some basic information for beginners. If any site offers free information, take it.

    Other website that can provide instructions and help with procedures and terminology are

    Investopedia - http://www.investopedia.com/  Stock Charts - http://stockcharts.com/

    http://www.investorshub.com/  http://www.1source4stocks.com/



    Visit some of the more professional websites like Zacks - http://www.zacks.com/

    Smart Money - http://www.smartmoney.com/  Schaeffer’s – http://www.schaeffersresearch.com/

  3. Pick up a few of these stocks/ETFs all with high dividends and are consistent performers. If you have $10K, put $1K in each and in 5 years you will be happy. And thank me later.:-)

    1. Royal Bank of Canada - RY

    2. Lloyds Bank - LYG

    3. EON AG - EONGY.pk

    4. Banco Bradesco - BBD

    5. Australia and New Zealand Banking Group - ANZBY.pk

    6. Eni SpA - E

    7. Bank of Chile - BCH

    8. ING Global Growth and Dividend Fund - IGD

    9. Suez - SZEZY.pk

    10. United Overseas Bank of SIngapore - UOVEY.pk

  4. The stock I am recommending to all my clients right now is Quanta Services  PWR.

    This company build powerlines/grids and is involved in solar power and other technological advances.

    I started recommending it back in March at $23 per share. It is now up to $32 and climbing!! The rest of the dow went down over the past week, but PWR has climbed higher. I expect it to reach $40 by the end of the year. That is a 25% gain and better than most stocks out there right now.

    This stock has solid management and huge sales numbers. I expect even bigger things for this company over the next few years.

    If you have extra cash, this is the stock for you. Good luck!!

  5. I would suggest, since you acknowledge your lack of insight into inflation related trading options, I would suggest your question actually says a lot about where the trend is in stocks.

    Typically stock markets, and how they respond to economic issues, occur before the general public, and the inexperienced see them on their radar. For example, in your case inflation has been a problem going on for several months, and commoditiy related stocks have been soaring. The 'experienced' investors bought into these a long time ago, and now that it has reached the general media/magazines, etc., inexperienced investors are getting wind of these big moves in commodities and that inflation is a problem and are lured into buying these things. However, its typically the time when the experienced investors are selling, and the commodity prices and stocks related to them fall, making the inexperienced lose money.

    This also tells us something about inflation, its possible contrary to media reports, that inflation has peaked. Oil is showing signs of topping, gold long has topped out at 1000, and so perhaps the slowing economy will be deflationary, not inflationary. So you should rethink the premise of the question, and actually think about investing for growth, rather than for the current issue of inflation.

  6. WalMart.

  7. Honestly, the best advice I can give you is that if you feel you have no clue, you shouldn't be buying stocks.  There are many people who "invest" just because they want to or want to make some money, without knowing what they're really investing in, and then lose money.

    That being said, in a bad economy rife with inflation, there are still going to be good things to invest in.  I'd suggest taking a look at certain commodities, and stocks related to them.  For example, food plays like DBA have done well over the last year, but maybe at this point they're overbought.  So look at who benefits from more food being grown... companies that make fertilizer for example.  Check out MOS, which I have owned in client accounts for many months.  It is the second biggest producer of potash in the world (potash is an ingredient in fertilizer) and also produces fertilizer.  It has been up big as there have been fertilizer shortages and the price of fertilizer has gone though the roof.

    Just one idea.  There are lots out there.  Just think about which companies profit from the current environment, and what's more, which companies profit from THOSE companies.

  8. View It Now    FinanceExtends (dot) com

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