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The Stock/Investment Thread
I suspect a few of us are amateur investors. We once had a thread in the Atari CC that netted me a few good ideas (and one really bad one). But why not have a thread to discuss this stuff among those who are interested?
As you may have noticed, S&P lowered its outlook for US debt. This somewhat refreshing bout of honesty sent stocks downward. Knowing full well there's a chance they will go down further, I decided to populate my new IRA with a few picks.
Because I'm building an IRA, I'm focusing my choices on stocks that pay decent dividends, are in industries unlikely to go away and are generally market-leaders in their field. Overall this is not a particularly intensive strategy, but it's meant to be a long-term thing. So today I bought:
Exxon
Kraft
JPMorgan
WalMart
I am a bit skeptical on WalMart, because it's not totally clear to me that they can sustain international growth.
Anyone here make any semi-recent moves?
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