Goin into Stocks

[fdgfx]

You need that, too. Add medical supplies, energy sources, and clean water to the 'doomsday list', too.

[Japher]

LoA:

Who cares about the cost per trade? The idea is not to be a trader but an investor. I am with Schwab, but I would suggest going in to Edward Jones and asking them and discussing this with them. They are a great branch that will help you much more than any time spent on the internet.

IRA is a good idea, since you are looking at a SS replacement. I won't tout a Roth vs. Traditional, since that really depends on your financial needs.

As for stocks... for once, Asher is right; Apple suks. Look at Intel (Intc) for a good alt in that sector, which, IMO, is going to suck for the next 6 mos to a year. IMO, the next big one is going to be semi-conductor.

[Lawrence of Arabia]

which companies make semi conductors?

[Japher]

semi conductors are companies like Intel, AMD, Nvidia, etc...

http://bigcharts.marketwatch.com/industry/bigcharts-com/stocklist.asp?bcind_ind=sem&bcind_period=3mo

[Lawrence of Arabia]

still going up. cisco and oracle have gained over a percent already this morning. mid quarter results are due out later this week. im up to $11 made.

ima genius!!!

[fdgfx]

Originally posted by Japher
LoA:

Who cares about the cost per trade? The idea is not to be a trader but an investor. I am with Schwab, but I would suggest going in to Edward Jones and asking them and discussing this with them. They are a great branch that will help you much more than any time spent on the internet.

If he needs to add small amounts (~few hundred bucks) each month, then commission does matter.

As for stocks... for once, Asher is right; Apple suks. Look at Intel (Intc) for a good alt in that sector, which, IMO, is going to suck for the next 6 mos to a year. IMO, the next big one is going to be semi-conductor.

Apple does not suck. I have made quite some money during the recent run, although I'm out for now. I will closely watch it over the next month.
As for semi, instead of buying individual companies, semiconductor holder (SMH) can be a much more interesting choice since it reduces company specific risks.