September Stock Discussion

What I'd recommend for any inexperienced investors who want in the game is, get an account at Fidelity Investments.

They have one of the best research departments in the industry.

Thay also will rank funds as a "Fidelity Fund Pick", which means they do all the work for you, just go in to these funds.

These are no-load funds, meaning no sales fee to get in, and have a $2500 minimum.

I'd get into a good number of funds to diversify into a number of sectors.

I'd stay with the domestic equity funds which invest in a number of different sectors untill you gain experience.

Dividend Growth fund

Independence fund

large cap stock

mid cap stock

growth strategies 

small cap stock

small cap growth

these are all rated as a "Fidelity Fund Pick", you can find these rated funds on the website.

After investing the majority in domestic equity funds you might consider one of these international funds.

china region , emerging markets, latin america

international funds can produce much larger returns than domestic funds but can go down just as quickly. I've double my money in 2 years with these and 3 years is common when they go up.

There is also select funds, which invest in specific sectors, like energy or automotive or banking, these can produce huge returns when the sector does well but can also lag the market even losing money when the overall market does well and the specific sector does poorly.

There are a number of funds which are rated "Fidelity Fund Picks".

Again I'd invest the majority in domestic equity funds then dabble a little here for now if desired.

If you've been following the smart phones, they're selling like hot cakes, consumers can't get enough of them, this sector is exploding, and not just in the US, but worldwide, and has the potential to be very profitable over the next 1 or 2 years or more.

This is one reason we're seeing Apple's stock doing well as the iphone is one of the hottest and they just got it into china.

supposedly google is now coming out with it's own smart phone.

An excellent way to play this is the "select wireless portfolio fund".

There's a number of ways to play this sector, buying the isp's is one way to play it.  at&t (T) and verizon (VZ) could be worth a buy, at&t has the apple iphone and verizon has the blackberry. suppossedly at&t reported subscribers signing up for the wireless internet is strong.

another interesting sector fund to consider is "Real Estate Investment Portfolio", again a "Fidelity Fund Pick". 

I got into this fund on august 10th and am up 15.2% last I checked, kind of puts your 21% since feb. in perspective.

and incredible as it sounds, this fund was up 16% in 3 days just the week "before" I got in.

this fund has tremendous upside, but can go down big as well,  a small investment could be well rewarded.

Forbearance only works, however, if you're buying time to do something to restructure debt. Instead, we've celebrated bailouts and the easing of reporting requirements as if they are a substitute for restructuring. In my view, this is a mistake that will haunt us.

As Resolution Trust chairman William Siedman once noted in regard to the U.S. savings and loan crisis, “Sometimes forbearance is the right way to go, and sometimes it is not. In the S&L industry, all rules and standards were conveniently overlooked to avoid a financial collapse and the intense local political pressure that such a collapse would have generated. But in this case there was not a visible plan for a recovery, so the result of this winking at standards was, as we know, a national financial disaster. On the other hand, in the case of Latin American loans, forbearance gave the lending banks time to make new arrangements with their debtors and meanwhile acquire enough capital so that losses on Latin American loans would not be fatal.”

Our response to the recent crisis has thus far repeated the mistakes made during the Japanese and S&L debacles.