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so if you had 1000$ to buy some stock what would you buy and why??
May 30, 2023, 02:43 PM
golddotso if you had 1000$ to buy some stock what would you buy and why??
Not looking for long term super safe, maybe 1 to 5 year stuff, wanting to try some stock and have a 1k to spend.
ideas? input, suggestions?
thanks, shawn
Semper Fi,
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May 30, 2023, 03:04 PM
fwbulldogIf you’re just gambling then look at whatever Jim Cramer is pushing and short it. You should make a killing.
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May 30, 2023, 03:12 PM
stoic-onequote:
Originally posted by fwbulldog:
If you’re just gambling then look at whatever Jim Cramer is pushing and short it. You should make a killing.
That's hilarious, and likely true!

May 30, 2023, 03:17 PM
rizzleSomething that pays a high dividend (top 10 of list):
https://indexarb.com/dividendYieldSorteddj.htmland is near the bottom, heading up, a term chart that you want to keep it, 1 to 5yr chart. Dow (the company) gapped down a while back, might be a good buy now. All speculation of course. I would never short a stock, too much at risk, better to buy only.
May 30, 2023, 03:35 PM
ZSMICHAELThat is frankly not enough money to consider buying an individual stock. Buy a diversified mutual fund and contribute a little each month.
May 30, 2023, 03:38 PM
RogueJSKquote:
Originally posted by ZSMICHAEL:
That is frankly not enough money to consider buying an individual stock.
Agreed. Either cash the $1000 out and stick it in your gun safe as your "shit happens/rainy day/I didn't have time to go by the ATM" fund, if you don't have one of those already, or capitalize on the current high interest rates and put in in a high yield savings account or a 1-5 year CD for the guaranteed 5ish percent return rather than gambling on maybe getting a little bit better return
if you picked the right stock and
if the bottom doesn't drop out of the stock market as a whole in a looming recession.
May 30, 2023, 03:47 PM
Fly-SigI'd go for a good mutual fund or etf with that kind of money. Diversification is your friend. Choosing a single stock is no better than going to Las Vegas. Even seemingly excellent companies can have terrible surprises. If you pick a long shot it is, well, a long shot and you are likely to lose money.
$1k is not big enough to really spread around yourself to achieve diversification. If you are going to go into just one thing, I like silver especially right now. Putting $1k into PSLV would be a pretty good way to invest in it. SLV is ok but maybe riskier than PSLV (lots of controversy and differing opinions on SLV). But silver is still not at all diversified.
As to an actual company's stock, idk today. I believe we are headed to a pretty bad recession by this autumn. And traditionally safer ideas like pharma seem to be extremely exposed to the fallout from the jabs. Banks are no-go right now. Tech is good this year but a recession could trash their revenues. Certainly not real estate.
May 30, 2023, 03:52 PM
mrvmaxStock in uranium miners. You could also buy oil stocks, current crude oil prices do not reflect worldwide demand and it’s going to catch up.
May 30, 2023, 03:58 PM
jhe888quote:
Originally posted by ZSMICHAEL:
That is frankly not enough money to consider buying an individual stock. Buy a diversified mutual fund and contribute a little each month.
A no load fund.
Don't buy individual stocks unless you do the research and pick it yourself. And have a high tolerance for losses.
The fish is mute, expressionless. The fish doesn't think because the fish knows everything. May 30, 2023, 04:22 PM
sigarmsp226Mr. Golddot - I know it is not what you asked but if I had an extra $1000 to invest into something today - I would buy three or four cases of quality brand name brass cased 9mm ammo…..I bet in the next 1-5 years you could double your initial investment….That way you are holding your investment on site and can sell off some or all of it when you want with little to no fees (depending on where you sell)…..
Also - Thank you Sir for your service…..
May 30, 2023, 04:45 PM
nhracecraftPrecious Metals...Copper, Brass & Lead

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May 30, 2023, 05:03 PM
PatriotApple
June 18, 2018 $47.83
Today $177.30
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May 30, 2023, 05:39 PM
radiomanquote:
Originally posted by sigarmsp226:
Mr. Golddot - I know it is not what you asked but if I had an extra $1000 to invest into something today - I would buy three or four cases of quality brand name brass cased 9mm ammo….........
Maybe buy some Gold Dots

.
May 30, 2023, 05:52 PM
doublesharpWalgreens WBA: $30sh pays 6.4% div and hasn't missed nor cut div in past 20yrs (as far back as TDA goes).
Buy 33 shares and reinvest the dividend.
A pure gamble is Cronos Group CRON, a Canadian cannabis company that Altria (Phillip Morris MO) owns 40% off. Trades at $1.75
I recently took a position in Rumble RUM gambling on where Tucker Carlson surfaces. I paid $8.70 a couple weeks ago and am up about a buck a share.
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May 30, 2023, 06:06 PM
220-9erAmmo's reasonable again.
Buy $1000 worth of 9mm and store it somewhere secure.
Next time it goes up through the roof, sell it for cash.
Rinse, repeat. Not rocket science.
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May 30, 2023, 06:42 PM
SIG4EVAI would invest in mutual funds and call it a day.
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May 30, 2023, 06:53 PM
RogueJSKquote:
Originally posted by SIG4EVA:
I would invest in mutual funds and call it a day.
Uh, that's an awfully broad statement... Which mutual funds are you suggesting? Or at least what type? There are right around 7500 different mutual funds out there.
That's akin to someone posting a thread asking what they should cook for dinner, and you suggest
"You should make some food and call it a day".

May 30, 2023, 06:53 PM
bdylanXcel Energy
NextEra Energy
Brookfield Renewable
May 30, 2023, 06:58 PM
RogueJSKPersonally, I would suggest Initech and Dunder Mifflin. I like what they have going with their innovative TPS reports and high end stationary.
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May 30, 2023, 09:16 PM
apprenticeExxon Mobile (XOM).
A lot of my money is where my mouth is on that btw.
Your best bet is to spend about $50 of it on a few books first, and keep the rest of the powder dry for when you decide for yourself what to buy.
Everyone recommends "The Intelligent Investor" as the .30-06 of investment guides. And it is, but it is also a dense read. If your eyes glaze over no book is going to work.
For easier fare with the same principals, I have read and recommend the following:
"One Up on Wall Street" Peter Lynch
"The Little Book of Value Investing" Christopher Browne
"The Little Book That (still) Beats the Market" Joel Greenblatt