Iam looking for a LONG TERM STOCK

[playactionfake]

Hello iam a beginner in this stock thingy. Thought joining this forum can help me gain some experience. Iam a 20 year old college student with 5k to buy stocks. What are some stocks that would be a good investment for 5 years? i wont be touching the money for 5 years and maybe perhaps even 10.

Thanks...

[S500]

Well as of now some of the best stocks to invest in that are going to make you alot of money in the next 5 to 10 years are ones like GE,C,BAC,F and Rig any one of those symbols will be good to invest into. The thing is you don't want to put all of you 5 grand in the same company your best option is to buy GE and then buy either Citi group or Bank of america. Also you make your own deicison on Ford becuase everyone has there own opinion.

[Stocktrading101]

Personally I would stay away from the market and read a few books then come back at the end of summer to see how everything is going then.

Some links from here on the site that may help you out:

http://www.stocktradingtogo.com/free-education/
http://www.stocktradingtogo.com/2008...vesting-books/

Education is more important than listening to anyone else because in reality most investors have gotten cleaned out during this crash. Just my 2 cents though!

[Fredledingue]

Never buy C. BAC maybe.

[onlinetrading]

Hello,

I am also new in this field !

[aquaswim47]

Originally Posted by playactionfake

Hello iam a beginner in this stock thingy. Thought joining this forum can help me gain some experience. Iam a 20 year old college student with 5k to buy stocks. What are some stocks that would be a good investment for 5 years? i wont be touching the money for 5 years and maybe perhaps even 10.

Thanks...

There are so many stocks to buy. NAT is interesting. Take a look at buying VZ and/or AT&T (and dividing by two if you buy both). MCD or YUM is an interesting pick. WFC or JPM seems great. NUE is a great company. Lastly, maybe a little PEP or KO. There are just so many great companies out there that maybe buying a mutual fund is the best approach to take.

[Firestorm]

let the recession be over then you buy .. It is a bit risky now

[MTRIG]

With 5k to invest you have very little to risk even if you think you will not touch it in 5 years. Lets say you bought ABC Company and in two months you were down 50% and now your investment was worth $2500 do you think you will still hold on for dear life? You have to really figure out if you are a buy-and-hold investor. If you are you can look at what Warren Buffet holds at this link. He was down HUGE last year, but since he is worth billions it barely matters.

Otherwise with 5k think about parsing it out to reduce risk. If you follow the Ivy Portfolio theory and buy 20% Bonds, 20% Commodities, 20% U.S. Stocks, 20% Foreign and use a broker like eTrade you already spent $40 in commission and are in the hole.

Take the 5k open an account at Fidelity and purchase Fidelity no-load mutual funds so that you do not have any transaction costs. Put 50% in Bonds, 50% in stocks and maybe in the next 12 months you may have a 8% profit.