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Originally Posted by Hopedale Hustler
Thinkin bout investing some in exxon mobil....it seems like it'd be a good start maybe???
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Long Buy is good....but that is expensive stock
Look into a stock that pays you good dividends back which means they pay you to buy there stock.....Which if your in for a long term buy this is what you look for to invest
AT&T 5.5%
GE 3%
Pfizer 3.80%
Senior housing properties trust 6.3%
BCE 5%
Once you establish a good foundation and learn more you can day trade or short buy
I buy a lot of shorts looking to bank a few hundred bucks quickly in a week or a few days...
I watch for break out news or any change in product which will move a stock
I also subscribe to a few stock update sites which tell you whats hot and not
Example....BP was a good short buy for me and a no brainier...BP was not going to fold or even get hurt by the Oil Spill...I waited until the Stock hit $29 a Share and sold a month or so later above $40..... Which I damn near doubled my money in a month
Right now I bought into Toyota after the Earthquake as there stocked dropped ..Again Toyota is not going anywhere so this was a no brainier also