Investing 102

[GregWeld]

Originally Posted by lmnop

Your right I am a slacker and my employes are following my lead. I am going to take charge of those lazy b*******. I did the assigned homework. And I wish some had explained to me how crappy mutual funds are before I bought them. But better late than never. I am going to do some research and pick some stocks. I was thinking I would divided the 21k into 4 or 8 so either $5250 or $2625 per company. How would you divide the money? The dream is still alive.
Also I took the "slacker" comment as it was intended, I enjoy the casual feel to this thread I feel like I am hanging out with buddies in the shop.
Thanks Greg!

Good to hear Ray!

Personally -- I'd divide the 21K into 8 to 10 different stocks... and if you want help picking -- then post what you're thinking up here and we'll roll 'em around. With this amount you can get some diversity with sectors and have just a bit of higher risk in order to boost your overall return... balancing out some of the safer lower dividend payers.... but with 20K invested - you should be able to MAKE over $1000 per year... and reinvested -- in 5 years you're going to have capital growth AND more shares paying more dividends and you'll be making the snowball into a snowman!

IF you want to, that is.