Page 1
Page 1
Started By
Message
locked post

Have 1,000 and want to put it in mutual fund

Posted on 2/5/10 at 1:39 pm
Posted by LSULanyap
rice fields
Member since Aug 2008
1309 posts
Posted on 2/5/10 at 1:39 pm
I have $1000
Willing to take risk (as the money is not really needed)
Looking for ST, but will settle for LT returns
Preferrably a small cap
Anyone have any reccomendations?
Posted by JPLSU1981
Baton Rouge
Member since Oct 2005
26297 posts
Posted on 2/5/10 at 1:49 pm to
Hancock Horizon Burkenroad fund is a solid small cap that invests only in small/midcap Gulf south companies (TX, LA, AL, MS, FL)
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26585 posts
Posted on 2/5/10 at 2:15 pm to
Exxon is pretty much an index fund now.
Posted by Zach
Gizmonic Institute
Member since May 2005
112601 posts
Posted on 2/9/10 at 2:28 pm to
1K is too little to start investing. Especially at your age, since you're 110.
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 2/9/10 at 3:04 pm to
quote:

Especially at your age, since you're 110.

Posted by Team Fish
Baton Rouge
Member since Apr 2009
647 posts
Posted on 2/9/10 at 3:15 pm to
His Birthday say 1900
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 2/9/10 at 3:25 pm to
quote:

rice fields


What area are you from?


To answer your question, don't bother with a mutual fund and just get an ETF index like Vanguard Small-Cap Index Fund Investor Shares (NAESX).

They offer better liquidity and lower fees than actively managed funds.
Posted by mytigger
Member since Jan 2008
14851 posts
Posted on 2/9/10 at 4:21 pm to
If you have a $1,000 and are willing to take a risk on something - get a stock.

If you're looking for long term stocks I'd recommend:

TSO - Tesoro Refining is nearly at an all-time low right now of $12.00, they've been as high as $60.

ZN - Zion Oil, a company drilling for Oil in Israel - long shot of a company, but if they hit just one reserve BOOM, this $5 stock skyrockets.

If you're looking for short-term, fast-money stocks I'd recommend:

CDIV - this is a penny stock with only 6MM shares on the market; nearly all of the available "float" is secured and there are a group of investors holding on to it to make the stock rises. The Market Makers who were trying to sell short are losing their arse and this stock that was .05 cents a few weeks ago is now at .14 cents stock and it's about to get into the .20's - probably within a week or two. The short squeeze is coming. If the stockholders don't bail out like lemmings off a cliff at that point it could get to .50 cents.

If you want to research stock investments this is a great site for message boards and discussions:

LINK

If you just want a mutual fund. Vanguard has some descent ones. I'd recommend Wellesley Income Fund.

Good luck!
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 3/30/10 at 9:29 pm to
quote:

CDIV - this is a penny stock with only 6MM shares on the market; nearly all of the available "float" is secured and there are a group of investors holding on to it to make the stock rises. The Market Makers who were trying to sell short are losing their arse and this stock that was .05 cents a few weeks ago is now at .14 cents stock and it's about to get into the .20's - probably within a week or two. The short squeeze is coming. If the stockholders don't bail out like lemmings off a cliff at that point it could get to .50 cents.


bump
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 3/30/10 at 10:24 pm to
Why would you put 1,000 into a mutual fund, especially if you're willing to take on a large amount of risk. Even if you see some massive return for a mutual fund (i.e. 20% or so) this year, that's still only 200 bucks. You can sort through your house and find things to list on ebay and make 200 bucks quicker than that.

Put 1,000 into the lowest risk but highest potential reward micro-cap play you can find. I recommend Chinese growth stocks (listed on U.S. exchanges), preferably in stocks whose business plan has anything at all to do with the Chinese automobile industry.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 3/30/10 at 10:28 pm to
quote:

CDIV - this is a penny stock with only 6MM shares on the market; nearly all of the available "float" is secured and there are a group of investors holding on to it to make the stock rises. The Market Makers who were trying to sell short are losing their arse and this stock that was .05 cents a few weeks ago is now at .14 cents stock and it's about to get into the .20's - probably within a week or two. The short squeeze is coming. If the stockholders don't bail out like lemmings off a cliff at that point it could get to .50 cents.


I know the guy holding most of that float. If anything, I think the short squeeze has already happened as there are only estimated to be 300k shares held short (see link).

LINK

A good stock to hold onto if you're already in it. But I wouldn't recommend anyone sink a grand into it now. It's gone up over 3000% in 6 mos.

EDIT: I now realize this poster said this in February. Nice call.
This post was edited on 3/30/10 at 10:30 pm
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7222 posts
Posted on 3/31/10 at 6:29 am to
Yea I'm not sure it's a great buy now but it was a fantastic buy then
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram