Stock Market Chit Chat

[Wayward Vagabond]

Originally Posted by mi40

does she want to invest long term or short term? two very different things. if that 7k is not disposable money, i would recommend maxing the roth and 401k contrib and then buying index funds or a mix of index funds + blue chip companies she likes for a long term investment

this means VTSAX (world's largest fund) or SPX/QQQ, etc

She's retired already and I want to say half of that 7k she's okay with losing. For someone in her situation what do you recommend?

[mi40]

Originally Posted by Wayward Vagabond

She's retired already and I want to say half of that 7k she's okay with losing. For someone in her situation what do you recommend?

sony (SNE) has solid balance sheets and is reasonably priced in a currently overvalued market environment in terms of PE ratio, so for a tech position i would get sony

banks like JPM/GS are also still undervalued compared to the rest of the market, and so are oil giants like chevron and exxon (CVX, XOM).. the oil giants also pay out chunky dividends.

for growing/smallcap companies i personally wouldn't recommend any right now since it's such a frothy environment right now.. like everything is up 200% in the past few months and the whole indice (RTY, IWM) is up 110% from the march lows which is unheard of a major indice..

as always she and you should also do your research, you'll find some stuff you might like !

[Wayward Vagabond]

Originally Posted by mi40

sony (SNE) has solid balance sheets and is reasonably priced in a currently overvalued market environment in terms of PE ratio, so for a tech position i would get sony

banks like JPM/GS are also still undervalued compared to the rest of the market, and so are oil giants like chevron and exxon (CVX, XOM).. the oil giants also pay out chunky dividends.

for growing/smallcap companies i personally wouldn't recommend any right now since it's such a frothy environment right now.. like everything is up 200% in the past few months and the whole indice (RTY, IWM) is up 110% from the march lows which is unheard of a major indice..

as always she and you should also do your research, you'll find some stuff you might like !

She did this, thanks!