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Give me three stocks you’re buying right now. No day trading.

Posted on 8/5/20 at 1:15 pm
Posted by DiamondDog
Louisiana
Member since Nov 2019
10572 posts
Posted on 8/5/20 at 1:15 pm
I’m not even going to pretend I’m qualified to know what’s the best park and fly options.

I’m just looking to buy a few stocks and let them ride as a spin off of actual managed brokerage account.

Looking to put $500 or so ever few weeks into it.

Thanks.
Posted by makersmark1
earth
Member since Oct 2011
15877 posts
Posted on 8/5/20 at 1:19 pm to
MO, STX and INTC
Posted by DiamondDog
Louisiana
Member since Nov 2019
10572 posts
Posted on 8/5/20 at 1:22 pm to
I just quit chewing tobacco. It’d be some weird irony if I finally invested in it.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30580 posts
Posted on 8/5/20 at 1:23 pm to
Just buy FAANG + Microsoft

FAANG being Facebook, Apple, Amazon, Netflix, Google
I add Microsoft as well. Not sure why they don’t get put in that except that it doesn’t sound as good
This post was edited on 8/5/20 at 1:30 pm
Posted by GoldenGuy
Member since Oct 2015
10880 posts
Posted on 8/5/20 at 1:55 pm to
I went on a fun ride with Games Workshop (GMWKF). I've gone from $90/share to $120 (nigh-high) over two months. Wish I had bought it when the market fell off, it was at $45. Honestly, I figured a luxury good wouldn't do that well.
Posted by DiamondDog
Louisiana
Member since Nov 2019
10572 posts
Posted on 8/5/20 at 1:59 pm to
I just went with Microsoft, SSL and DOW. Probably not the best but it’s just going to ride.

I’m buying Sasol higher than I like but if it ever sees mid 20s again, it’ll be a good hold.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 8/5/20 at 2:03 pm to
quote:

Just buy FAANG + Microsoft

FAANG being Facebook, Apple, Amazon, Netflix, Google
I add Microsoft as well. Not sure why they don’t get put in that except that it doesn’t sound as good



I guess FAGMAN would be in poor taste
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 8/5/20 at 2:08 pm to
With the NASDAQ hitting another record high (mainly a result of about 6 mega-cap tech stocks because the NASDAQ is market cap weighted) and with the market as a whole almost totally dependent on the 24 hour news cycle, it's difficult to pick a winner right now. At least for me it is.

If you held a gun to my head and said buy something or you pull the trigger, I'd probably go with buying a broad market index ETF or mutual fund.

But if you said I have to select an individual stock, I'd probably buy a low beta utility stock paying a good dividend, like Entergy, for example.

Second choice would be a best in breed bank such as JPM.
Posted by DynaMike
Member since Aug 2015
853 posts
Posted on 8/5/20 at 2:16 pm to
quote:



I guess FAGMAN would be in poor taste
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41200 posts
Posted on 8/5/20 at 2:34 pm to
Microsoft and Coca-Cola
Posted by DiamondDog
Louisiana
Member since Nov 2019
10572 posts
Posted on 8/5/20 at 2:45 pm to
Thanks Russian.

Always appreciate your input.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 8/5/20 at 2:46 pm to
Please don't buy ETR or JPM and when they go down tomorrow blame me for talking you into buying them.
Posted by DiamondDog
Louisiana
Member since Nov 2019
10572 posts
Posted on 8/5/20 at 2:51 pm to
Oh I don’t actually listen to your advice. I just appreciated it



I’m kidding
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 8/5/20 at 2:53 pm to
quote:

Oh I don’t actually listen to your advice.
That's a smart policy to have...
Posted by TigerCrude
Member since Oct 2019
1878 posts
Posted on 8/5/20 at 2:57 pm to
Ruth
Posted by Enos Burdette
Atlanta, Georgia
Member since Dec 2019
693 posts
Posted on 8/5/20 at 3:09 pm to
quote:

Please don't buy ETR or JPM and when they go down tomorrow blame me for talking you into buying them.


JPM looks a shitload (that's a technical term) better than their peers. I want to buy into big banks right now so bad I can taste it, but reading up on Wells, JPM, and BA has got me skiddish and thinking there's still some bloodletting coming as we get into the fall.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 8/5/20 at 3:26 pm to
quote:

but reading up on Wells, JPM, and BA has got me skiddish and thinking there's still some bloodletting coming as we get into the fall.
No doubt.
Posted by molsusports
Member since Jul 2004
36117 posts
Posted on 8/5/20 at 3:41 pm to
Auph if you want a good speculative stock in pharmaceuticals

Shll/hyliion if you want a boom or bust in transportation

Vanguard total stock market index if you want an investment instead of a speculative stock
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 8/5/20 at 4:26 pm to
quote:

I’m just looking to buy a few stocks and let them ride as a spin off of actual managed brokerage account.

Looking to put $500 or so ever few weeks into it.


QQQ
SPY
BND
AUPH
This post was edited on 8/5/20 at 4:27 pm
Posted by Skeezer
Member since Apr 2017
2296 posts
Posted on 8/5/20 at 4:26 pm to
I bought VISTA and OLIN today. Purely a gamble on earnings tomorrow morning based on the gigantic ammo sales number.

And I bought Garmin a month or so ago.
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