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$4,000 burning a hole in my pocket
Old 08-16-2007, 10:14 AM   #1
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$4,000 burning a hole in my pocket

O.K., so not really, but DW slammed some money into an IRA this year and it's just sitting in a MM right now. With the recent market "correction" I figure now is as good a time as any to play around with it. The vast majority of our investments are in a 4 pillar, value-ey index-y vehicles, and while I'm all done playing with tech sector penny stock 100-bagger pipe dream stocks, I am thinking of trying to find a bargain to put this money in a take a little bit of a chance. Where would you put 4 grand?
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Old 08-16-2007, 10:20 AM   #2
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Well I'm not so good with market timing, but if I was to guess I would say that this market is going quite a bit lower. So based on that I would say to hold off for maybe a month or so.

Then when you feel that things have stabalized, jump into a braod based index fund.
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Old 08-16-2007, 11:18 AM   #3
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I am no analyst but among the stocks I wish I had bought a while back are O - Realty Income (buy if interest rates go up because it behaves like a bond), PCP - Precision CastParts (best in an industry with high entry costs, good management).

Maybe this is the time to look at REITs.

You really don't have enough $ to buy something you may want to sell in a year or two (trading costs can eat up profits), look for steady-Edies.
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Old 08-16-2007, 01:08 PM   #4
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I'm not a market timer either, but I'm not stupid just the same.

We seem to be entering the "fall fall" quite a bit earlier this year than normal, given the nasty downtrend of late I'd wait...
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Old 08-16-2007, 03:12 PM   #5
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Check to see which parts of your asset allocation are lean. Small cap value? REITS? Add to that. Unless your crystal ball tells you things will continue down. I don't have any clue as to where the market is going...
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Old 08-16-2007, 03:59 PM   #6
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Stocks I would buy with any extra money:

JNJ, USB, TGT
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Old 08-30-2007, 03:44 PM   #7
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Quote:
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I am no analyst but among the stocks I wish I had bought a while back are O - Realty Income (buy if interest rates go up because it behaves like a bond), PCP - Precision CastParts (best in an industry with high entry costs, good management).

Maybe this is the time to look at REITs.

You really don't have enough $ to buy something you may want to sell in a year or two (trading costs can eat up profits), look for steady-Edies.
If you bought PCP maybe time to sell... CNBC analysts have been recommending it. By Cramer's criteria the time to sell is when the analysts are all over a stock.
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Old 08-30-2007, 08:34 PM   #8
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There are alot of bank stocks with good yields I posted a few regional bank stocks ith between 4-6% yield. It was just a quick search I am sure there are others. They have been beat up over subprime scare.

Here is the link.
Bank Stocks

With a little research you might find one you like. Maybe your bank.
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