Who are buying into this Bear Market?

Question

And what are you buying?Are you looking at great companies that are being beaten down like BAC,C,GE,F,GM?I am looking at picking up some BAC .Any takers for long term?

Answer 1

I'm buying gold/silver mining stocks.

I have an alt. energy play, and a liquid fertilizer/green play, and one bio-tech...all of them move independent of the broader market.

I wouldn't touch anything else with a 10' pole.

Gold is where it's at. The miners are still cheap because The Street still isn't taking it seriously. Right now is the time to invest in gold miners.

I like the juniors but if you're looking for safer bets then check out Yamana, Barrick, Gold Corp, Newmont...those are the big boys.

Answer 2

I like your way of thinking.  I think when the dust settles we will look back at this and see awesome opportunities to buy.  I would buy the bigger large cap stocks that have taken a beating.

If you know the market has bottomed (that is the tricky part though) I would get:

C - Financials will have a huge potential

BEAV - Main supplier of airparts that has taken massive hits

TM - The best car stick in my opinion

Answer 3

There are some good stocks that have been beaten down. The financials are still pretty toxic though. A 25 year timeline is pretty long. Most investors look at 3-5 years. Some look at 12-18 months. If you looked at stocks from 30 years ago, a lot of names have disappeared from the markets--either thru merger and acquisition, or because they didn't continue to innovate. Of your choices, I'd go with GE. Not the auto sector, and not the financials, yet. Invest like Warren Buffett--good companies in businesses you can understand. You don't know what you have with the banks. Despite Sarbanes-Oxley, the banks managed to mark to market, removing their risk from their balance sheets. I think Citi stinks. They have for years. Do you know how many times they have been to the brink of disaster? BAC is better, but you may still pick it up for less. Personally, I want my $ to work for me. I don't want to invest in a sinking stock ( commonly known as "catching a falling knife"). So, if you buy BAC, buy some protective puts, too and hedge! But you are right, there are some good bargains. However, if the Dow falls to 10,000 (as some people are forecasting) there will be even better opportunities. Personally, I like infrastructure, alternative energies, miners, utilities, not financials and insurers or retail, yet...the trend is your friend... Think about buying good dividend payers since you are thinking long term. You know, many tech stocks never recovered from the dot com bubble. So be sure your money works for you.

Proctor Gambll, Corning, Haliburton, Schlumberger, Veolia, ABB, Peabody Energy, Vale (RIO), ,, Pepsi, Coca Cola, AT&T, Johnson and Johnson, Eli Lilly, GenPro, Cameco, and on and on...

Answer 4

china stocks/caah is a good one

Answer 5

I am buying every 500 points down, laltely, FInancials, XLF, UYG, as well as GE (nice dividend here) as well as the entire dow thorugh the DIA ETF. I wanna reiterate that these are long term (10 years or more) holds and there may be quite a bit more selling to go.

Answer 6

Hi,

  

   There is a sucker  born every minute who is hoping  

    that the market has bottomed .

   Rgds............