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I have $100,000 to buy stocks, HELP !?
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05-15-2014, 05:13 PM
Post: #2
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First you don't have $100,000 you have a pretend $100,000. Second, this exercise is I think a terrible one to teach about investing because it focuses on the short term instead of long term investing. You and your pals if you get lucky and hit an up market will all think you're stock trading geniuses like many of the other idiots on Yahoo Investing. Anyway, with that in mind here are some suggestions:
Apple is heating up right now, analysts are saying it could hit $600/share. I would go 20% into AAPL for sure. Another 40% split between Bank of America and Citi. Those are banks and banks are going to have a good run for the next month or so. If your game allows you to sit on cash, honestly right now I would do that with the other 40% and wait for a dip in the market. Then buy in and you will automatically have an advantage over others who have lost money. But keep an eye on Tesla stock, which has sunk to 234 off a high of 255. If it goes down to 225, put 20% into that. Ads |
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Messages In This Thread |
I have $100,000 to buy stocks, HELP !? - Its Mikey Bro - 05-15-2014, 05:03 PM
[] - I Like Turtles - 05-15-2014 05:13 PM
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