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Originally posted by TomsPics
Im thinking about investing money in the next month or two.. Although i know nothing about the stock game.. Is now the time to invest with the market so shity or should i wait till after the shit with iraq? Anyone know and urls or anything for people like me who don't know shit about the market? Thanx :]
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Look into really big, established, profitable companies that pay dividends. Try MO [Philip Morris aka Altria - div payout is around 2.70] RJR [RJ Reynolds Nabisco - div payout is over $3 ] or GM [General Motors div payout is $2 ]
You can also try investing in insurance companies and reinsurers.
I used to trade in tech stocks before the Dot Bust, now I just follow Warren Buffett's advice--pick a solid company and HOLD for a long time.
Good luck!