Stocks

I do not normally invest in stocks, not that I am against stock investing, it is just that I feel more comfortable dealing in real estate and businesses. I am thinking about stocks again and may reopen my Charles Schwab account. OH! by the way, I owned Enron and Adelphia so careful what I say. We do not have anyone writing about stocks on here yet so you have me until we do.

If I was to be buying, I would be looking at GM as the stock is at a 40 year low and should go back up over the long term. GM has traded between $8.81 and $43.20 over the last twelve months. I also like Ford the stock has ranged from $4.30 to $9.24 over the last year. I would consider buying these two at a 10% down tick and then put a stop loss order in at another 10% down and a automatic sell at 15% up. For example if you bought 1000 shares of Ford at $4.55 and then put your stop loss order in at $4.15 and your sell at $5.23

Your losses would be stopped at $450.00 and your profit would be capped at $680.00 as the stock price went up I would change the stop loss upward to lock in the profits.

I like utility stocks (everyone pays their light bill) as long as the utility has a steady dividend payment record and some prospects of growth (IE: they are building more capacity). I like China stocks if you can find a good fund, the prices are down about 40% they will rebound fairly soon as the China economy is still growing.

I chart at www.investorguide.com they are fast and informative.

For stock funds I like FMIMX They seek long-term capital appreciation. The fund invests mainly in small- to mid-capitalization (i.e., less than $5 billion market capitalization) value stocks of companies listed or traded on a national securities exchange. Minimum investments is a low $1,000 and they have a performance record above 10%.

Stocks will more then likely be flat until spring, we need to have an election and new hope in the market. November will be an interesting time to watch the stock prices. I suspect an up tic after the election and a selling opportunity for those who buy in cautiously today.

What do you think? Do you want to see me play with a few stocks just to see how it goes?Talk to me, let me know?