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the best thing you could do would be to find a few mutual funds and dolar cost average in. Most funds can set up a monthly ach withdrawal from your checking account.
With all the in stability in the world I dont see the US economy turning around. Once the war is over I think you'll see a pop. But then I think its headed back down.
I read an article a few months ago saying the 500 biggest companys in the us had over a million too many employees to pperate efficiently.
My point is that if you dollar cost in over 24 months your gonna end up ahead of the game.
The s&p 500 is about at a 6 year low. levels prior to the last boom. Think about it. your investing in the biggest. the cream of the crop of the US economy.
Depending on what your trying to do. You might want to buy some high dividend paying stocks. Stocks like GE, Exon, Disney, Citibank pay a nice dividend. if you catch them at a low you could make an additional 3% a year. And they are talking about making that tax free. It seems hard to beat 3% tax free in a high growth company that will probably give you 15% returns over a few years especially once the economy turns around.
To sum it up my recommendation is s&p 500 dollar cost avg in every month.
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Big Boob trades icq 265907826
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