FAQ: What are some good stocks to invest in?
were playing a stock market game in economics and i was wondering what are some good stock to invest in. Im thinking of investing in some gold and wind stocks but i don?t know that else.
Answer:
Right now you want things that will hold their value in a bad economy,
while the dollar drops in value because of all the give-a-ways.
General Mills and Nabisco are in the busines of buying wheat by the
ton, and selling it at $ 3/lb. and ?people gotta eat? ? good bet.
Gold is already inflated because a lot of people see the dollar decline
coming. (It fell today).
Don?t buy any auto-makers, retailers, or high ticket item makers/sellers.
they?re in for a rough ride the next few years.
Buy solid stuff that people need no matter what.
Proctor & Gamble, Kraft, Campbells,.Pfizer, etc.
for the ?high risk flyer? try some of the larger banks.
While they?re in trouble, they?ve got a toll gate on the whole economy,
they can?t be allowed to fail, and the ones that survive will grow.
Lotsa luck.
posts you may find of interest:
- Q&A: How can I invest in gold and silver? Stocks maybe? goldsenze
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- Is now a good time to invest in stocks/ETFs?
- FAQ: If you had $3,000 to invest in ?Gold mining stocks? which stocks would you choose?
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