Fantasy Stock Market: What’s On Your List?
You don’t have to be a broker mogul to care about the stock market… or speculate about it.
So here’s a quick question for you. If you had $10,000 to invest, how would you invest it in this market? Gold? Currencies? Equities?
Here’s where I’d spend my money:
Apple. I think Apple is going to continue to introduce new products and make good marketing decisions (the iPhone’s silly tie to AT&T notwithstanding).
Lowe’s and Home Depot. There is a lot of concern about the housing market so I think some folks might be tempted to shy away from DIY. But I think that’s a mistake. Poor home sales mean that families are staying put. But just because they’re not moving doesn’t mean that they’re not making changes to their existing homes to make them more comfortable. Our contractor can’t get to us until May… May! In this market! I’ve personally spent a tidy bundle on plants and other home improvements. I expect remodeling to be hot this summer.
Kraft. Kraft is my wildcard. And for no good reason, really. I’m just thinking decreased foreign travel means increased family vacations in the US. That means more spending here - and food is always a good bet for domestic travel. Weird train of thought, but there you go.
Here’s what I’d avoid:
Banks. Need I even say why?
So what do you think? If you had money to throw around, where would you put it?
And remember, this is fake money. I’m not a broker. This is not investment advice. I have no idea what’s best for you in your situation. If you want advice, consult with your broker - he or she can assess your finances, determine your risk level and make some suggestions. Me? I’m just reacting to the markets and my own gut.
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POSTED IN: Investment, Market
5 opinions for Fantasy Stock Market: What’s On Your List?
Thursday
Apr 10, 2008 at 9:17 am
I think I’d go for some international stocks. While I don’t think the U.S. market is in quite as much trouble as people think, I think the global market has a lot more potential for growth (and some much cooler tech stocks!).
Ren Garcia
Apr 10, 2008 at 10:25 am
How about feel-good stocks? Earn while helping the environment.
Hewlett Packard reported that it had been able to achieve in 2007 its recycling goal of 1 billion pounds of computer hardware. Earnings per share are expected to appreciate.
Laura Spencer
Apr 10, 2008 at 11:36 am
Let’s see what do we use the most of?
Well, Apple would definitely be on my list since the kids are always asking for an iPod. Probably also any of the cell phone companies.
Is there stock for Facebook? My teenager would spend all of her time there if we let her.
kevin
Apr 10, 2008 at 2:26 pm
Natural gas… god knows I produce enough of it…
Wait… they aren’t the same thing?
Miranda
Apr 11, 2008 at 7:50 am
I’d do half in an index fund. You get more in this down market, and index funds generally outperform managed funds in the long run. Plus, it’s a bit safer than individual equities as well. Solid returns. Then I’d put a quarter of the remaining in international stocks (sort of risky, but not that bad) and a quarter in something green that looks like its on the verge of a break-through (something a little risky). Not the sexiest returns, overall, but definitely something would beat inflation…
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