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#1 permalink
El Chingon
Join Date: Apr 2002
Posts: 1,751
Advice on Stocks
A friend of mine lost some money on stocks and needs to change his stock options. Anyone have any experience in this? Which stocks are hot right now?
__________________.::Coco::.
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#2 permalink
Nissan Enthusiast
Join Date: Apr 2002
Location: Athens, GREECE
Posts: 126
Only Precious Metals stocks.
#3 permalink
Friends of ours...
Join Date: Oct 2002
Location: Texas
Posts: 1,347
Defense contractors.
#4 permalink
El Chingon
Join Date: Apr 2002
Posts: 1,751
The thing is his job gives him these stocks for free and it's up to him to pick which ones he wants. He's had them for a while and last year he lost some money. He now has the option of changing them to something else.
__________________.::Coco::.
#5 permalink
Friends of ours...
Join Date: Oct 2002
Location: Texas
Posts: 1,347
as in 401k?
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#6 permalink
El Chingon
Join Date: Apr 2002
Posts: 1,751
Quote:
Originally posted by OhThreeSpecV Defense contractors.
Lockheed, Boeing, Raytheon, Northrop....good call.
__________________.::Coco::.
#7 permalink
Hazardously WASTED
Join Date: Oct 2002
Location: LONG ISLAND, NY
Posts: 147
i have always been partial to tech stocks but they are very tricky and you always have to keep a close eye on them
#8 permalink
El Chingon
Join Date: Apr 2002
Posts: 1,751
Quote:
Originally posted by OhThreeSpecV as in 401k?
Not really sure. He just said he has stocks that his company gives him. Not sure if they're like bonuses or something or 401k.
__________________.::Coco::.
#9 permalink
Friends of ours...
Join Date: Oct 2002
Location: Texas
Posts: 1,347
It its a 401k (or any type of Retirement plan), he'd do best by keeping it in cash, or VERY low risk funds.
#10 permalink
Chupa mi Perro
Join Date: Nov 2002
Location: Dallas, TX
Posts: 334
EVERYBODY PUT MONEY IN LOCKHEED-MARTIN!!! As much as you can spare.
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#11 permalink
Friends of ours...
Join Date: Oct 2002
Location: Texas
Posts: 1,347
uhhhh, no.
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