Blue Chip Stock Investment

Coke is dead money in my opinion. Same as Walmart and Budweiser. Well known brands but no real growth.

If you want a blue chip stock with potential but relative safety, I'd lean toward 3M, Lowes, Home Depot, Microsoft or AIG.

Or if you like a bit more risk, Apple Computers

Do your own due diligence though.

I have been dumping money into GE for years.

I know what you're saying about a mutual fund - some of these stocks are so stable and pay great dividends.

It's not flashy, but conistent 10+% every year!

Buy a 6 month cd and wait for the market to settle down. By then you may be able to get a blue chip real cheap

Why do you want to put it in one stock?

Why not an index to spread the risk? VTI?

What are your plans with this money? Short term investment, 20 year investment?

The CEO of GE was on Charlie Rose last night. I found the interview worth watching. They put the interviews up at

www.charlierose.com

.

We had a daughter about 6 months ago and were kind of thinking about putting the money for 18 years down the road (college or wedding). My father did the same with a couple utility companies and paid for our wedding with the chunk. We don't often get chunks of money like this and want to put it all somewhere.

Seems like Coke is priced awfully high.

Looking at home depot or lowes?

Any other blue chips? We plan to just do dividend reinvesting and $100 month in a direct deposit (we figure we'll never miss that!)

Thanks!

Jiangxi Copper, code 0358 on the HK exchange. Great buying opp. right now.

You may want to consider setting up a 529 or Coverdell account if you know it is going to be used for eduction.

I wouldn't put it one stock. I'd spread the risk and get a no load low annual cost index fund of the S&P500 or the total market index. Who knows the company you choose may get bad leadership and a blue chip company may underperform. It does happen.

If you put $100 a month into the fund, and want to invest it right away each month, you are going to be eaten away in trading fees. I agree with going with a no load mutual fund that tracks the S&P 500. MANY companies have them. You can start with an initial amount and add more each month like you want to do.

1. 529 has so few investment choices and it seems like you're tied in to a specific state.

2. We have other monies; we are very diversified and conservative. I would like to own one stock. Not looking for a "flyer". Just looking for a steady blue chip that will steadily and safely grow.

The direct deposit is automatically taken from my checking to the company. I am initially investing directly (no broker).

What fees would there be(most have only a $10 set-up fee one time)?

Its all about annuities nigga. annuities, annuities, annuities.........no matter what you dont wanta buy a single stock, diversify that ish.

Go to the nearest bank that offers currency exchange and change your funny money into Euros or Pounds or Canadian dollars, or anything else that will give you a 20% return within a year.

$2000 to Apple

$2000 to Lowes

$2000 to Home Depot

Then setting up $100/month to each stock.

All invested on my own and set up with direct withdrawl/deposit and dividend reinvestment programs.

need help wrote:

The direct deposit is automatically taken from my checking to the company. I am initially investing directly (no broker).

What fees would there be(most have only a $10 set-up fee one time)?

With online brokerages, each time you buy a stock there is a flat fee of at least $7 no matter how many shares you buy. If you have $100 to buy HD, you can only buy $93 worth each time. It doesn't make financial sense to buy a share or two of a stock every month because of that.

Does that $10 set-up fee come with free trades for life? Likely not.

the guy has said he's not using a broker or online.

you CAN do everything he wants directly with the companies he wants to invest in.

In fact, most people should!

you can check out the basics of coverdell accounts and 529 plans at

www.savingsforcollege.com

He is talking about a DRIP program directly with the corporation. Be careful when you do this as you will have to keep good records to figure out your cost basis, which is a pain in the ass.

D'oh

www.savingforcollege.com

I'd still go with an index.

i really like United Health Care (unh) got a few hundred shares, but they are a little pricey at around $50 per. Solid Company though.

My other suggestion is TD Ameritrade (AMTD) they are down a few percentage points in the past week which is why I bought 150 shares. look for continued EPS growth around 15%.

Also, does anyone know much about Li Ling Company (LNNGF)? Been looking at them a little over the past two weeks thinking about trying to get a few hundred shares and holding for a while.

Everything above is basically my take on trading, I am really new to it.

You can just afford one share of BRK.B