$4,000 burning a hole in my pocket

laurence · 08-16-2007, 10:14 AM

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?

MasterBlaster · 08-16-2007, 10:20 AM

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.

Brat · 08-16-2007, 11:18 AM

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.

FinanceGeek · 08-16-2007, 01:08 PM

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...

justin · 08-16-2007, 03:12 PM

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...

Hamlet · 08-16-2007, 03:59 PM

Stocks I would buy with any extra money:

JNJ, USB, TGT

Brat · 08-30-2007, 03:44 PM

Quote:

Originally Posted by Brat

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.

Paws · 08-30-2007, 08:34 PM

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.

08-16-2007, 10:14 AM	#1
laurence Moderator Emeritus Join Date: Feb 2005 Location: San Diego Posts: 4,790	$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?

08-16-2007, 11:18 AM	#3
Brat Thinks s/he gets paid by the post Join Date: Feb 2004 Posts: 2,834	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. __________________ Duck bjorn.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Who carries a pocket knife regularly?	thefed	Other topics	77	07-21-2007 07:03 PM
Caddyshack Bill Murry It's in the hole!	newguy88	Life after FIRE	8	02-01-2007 06:39 PM
Larry Ellison of Oracle Burning up Cash or maybe not!	Cut-Throat	FIRE and Money	10	02-02-2006 09:56 AM
the upside to burning out brain cells	ronin	FIRE and Money	3	07-21-2005 10:44 AM
My short term honey hole	azanon	FIRE and Money	0	10-05-2004 06:21 AM

08-16-2007, 10:20 AM	#2
MasterBlaster Thinks s/he gets paid by the post Join Date: Jun 2005 Posts: 1,777	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.

08-16-2007, 01:08 PM	#4
FinanceGeek Recycles dryer sheets Join Date: Jun 2007 Posts: 244	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...

08-16-2007, 03:12 PM	#5
justin Thinks s/he gets paid by the post Join Date: Jun 2005 Posts: 4,010	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...

08-16-2007, 03:59 PM	#6
Hamlet Recycles dryer sheets Join Date: Aug 2006 Posts: 332	Stocks I would buy with any extra money: JNJ, USB, TGT

08-30-2007, 08:34 PM	#8
Paws Dryer sheet wannabe Join Date: Aug 2007 Posts: 11	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.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)