$4,000 burning a hole in my pocket

[laurence]

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]

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]

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]

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]

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]

Stocks I would buy with any extra money:

JNJ, USB, TGT

 

[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]

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.
http://www.early-retirement.org/forums/f44/bank-stocks-29784.html

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