hal min nasirin yansurna?Hussain asked:
2) More specifically- Foreign Money Center Banks?
and Toys and Games.?
2) More specifically- Foreign Money Center Banks?
and Toys and Games.?
3) Also, Why should I invest in BMO?
Hasbro?
My investing period is from December 18, 2009 to December 31, 2009
Shawn
Thelma
I don’t think there’s any reason you should, and you would have lost many had you. Buying toy stocks just before Christmas is a silly idea. The stock market always keeps its eye 6 months out. If you want to buy for a Christmas rush, the elementary idea would be to buy in June, not two weeks before Christmas.
If it’s a homework assignment, I think the question is flawed and I would answer that you shouldn’t. At this point the market is over valued, and earning’s season is set to dissapoint on several fronts, especially the banks. 1.3 million Americans are losing extended benefits this year. The true unemployment rate is over 17%, and millions more are under employed. Severance packages are running out, savings accounts are drained, extended unemployment benefits are coming to an end. I think now is the best time to not invest in the finance or consumer goods. Upside potential is limited, but downside risk is prevelant.
Consumer staples would be a better area because you can buy those with food stamps and welfare like HUD.