Stocks 2013

[Squilly]

Anyone have any good stocks they're investing in for 2013? I plan to invest this year, but haven't trusted stocks before. I'm more financially stable now, so feel like investing. Any suggestions? Also, how much is taken out from taxes, 30%?

 

[adk]

Enron

 

[eric/]

Anyone have any good stocks they're investing in for 2013? I plan to invest this year, but haven't trusted stocks before. I'm more financially stable now, so feel like investing. Any suggestions? Also, how much is taken out from taxes, 30%?

Idk, my Nokia and Ford stocks paid off handsomely this past year, but I seldom invest in individual stocks unless I'm really confident they'll be winners. If you're interested in investing and want actual returns over the long term then just buy total stock market index funds and be done with it.

 

[Squilly]

So... Any stocks in particular?

 

[Apple fanboy]

HMV
Jessops
Woolworths
(Probably mean nothing to you in the US)
I have always liked the idea of investing, but I don't know enough about stocks. A friend of mine has quite a decent portfolio and recons on about 10% return. Is this what people earn from stocks on average?

 

[Grey Beard]

OK, this is a Pillory, but you get the idea.

KGB

 

[ucfgrad93]

I invest in SPY. It is an ETF that tracks the S&P500.

 

[eric/]

So... Any stocks in particular?

What is your investing goal?

Getting rich quick? Picking the best stocks and mutual funds that are going to beat the market?

 

[jon3543]

Anyone have any good stocks they're investing in for 2013? I plan to invest this year, but haven't trusted stocks before. I'm more financially stable now, so feel like investing. Any suggestions? Also, how much is taken out from taxes, 30%?

I always recommend the ones that don't go down in value.

You do sound like you're ready, and you've come to the right place for reliable advice and answers to your financial questions, that's for sure.

 

[Squilly]

I always recommend the ones that don't go down in value.

You do sound like you're ready, and you've come to the right place for reliable advice and answers to your financial questions, that's for sure.

Sarcasm? Can't really tell.

----------

What is your investing goal?

Getting rich quick? Picking the best stocks and mutual funds that are going to beat the market?

Slow and steady, stock that doesn't go down in value (a lot). The opposite of Facebook.

 

[turtle777]

Dividend paying gold mining and streaming stocks.

ABX, NEM, SVM, HL.

NEM with a 3% div. yield is just downright awesome.

-t

 

[jon3543]

Sarcasm? Can't really tell.

Now who's pulling whose leg here?

 

[turtle777]

Now who's pulling whose leg here?

It's the same guy who is thinking about making a killing at penny auction sites.

Go figure.

-t

 

[Squilly]

Lol. What?

 

[eric/]

Slow and steady, stock that doesn't go down in value (a lot). The opposite of Facebook.

Then go to Vanguard.com, purchase a total stock market index fund and start an IRA, invest 5500 every year in it.

If you have more to invest, do the same, but in a non-tax deferred account.

Set up auto investing if you can, and then never look at it again.

 

[Squilly]

Then go to Vanguard.com, purchase a total stock market index fund and start an IRA, invest 5500 every year in it.

If you have more to invest, do the same, but in a non-tax deferred account.

Set up auto investing if you can, and then never look at it again.

Would it slowly build up or something?

 

[eric/]

Would it slowly build up or something?

yes, over a long, long time

 

[mobilehaathi]

Then go to Vanguard.com, purchase a total stock market index fund and start an IRA, invest 5500 every year in it.

If you have more to invest, do the same, but in a non-tax deferred account.

Set up auto investing if you can, and then never look at it again.

Might as well start a Roth IRA while he can. Pay tax up front on the deposits; all gains are tax free.

Edit: Of course, I am in no way giving tax advice.

 

[wrosie]

If you're interested in investing and want actual returns over the long term then just buy total stock market index funds and be done with it.

I agree! It's nice not to have to worry about the performance of individual stocks.

 

[Squilly]

I looked into the total stock market index fund; it seemed to fluctuate a lot. As if I'd never get any $ out of it.

 

[eric/]

Might as well start a Roth IRA while he can. Pay tax up front on the deposits; all gains are tax free.

Edit: Of course, I am in no way giving tax advice.

Yeah that's what I'm saying, but you have to consider there is a max contribution every year, but if you're willing to go over that, I say follow the same strategy, but invest it in a low cost index fund as well.

 

[eric/]

I looked into the total stock market index fund; it seemed to fluctuate a lot. As if I'd never get any $ out of it.

If you're really serious about investing, buy The little red book of common sense investing, and start there.

If you want to sit around and hand pick stocks as your strategy, I think you're playing a losing hand.

Also, consider I have nothing to gain from what I say to you.