What is a good stock to buy into?

what is a good stock to buy into that will not break the bank but will payoff in a short time, I have a little money to play with, I lost all my 401k due to spine surgery. would like to rebuild it. not the best with stock

 

SR5, stock Tundra

 

Buy into a solid mutual fund, and don't look for short term gains. If you're wanting a single stock that's going to pay off short term, you might as well go to Vegas and put it all on red at the roulette table.

The way to invest is consistently, and over a long period of time. Picking a single stock to do well is a gamble.

That said... Facebook took a big hit a few weeks ago and is down double digits.

 

I don't have a worthy opinion on what you should currently invest in but I wish I had bought a few in Amazon last year. Went from about $950 to over $1900 in the last 12 months. Talk about an ROI..

Would love to hear some of the experts opinions on if it will continue to go up.

 

Depends on your goal. If it's retirement savings, I recommend what's called a "target date fund". You pick the year you plan to retire, the money managers do the rest. Put the maximum amount into a traditional or Roth IRA ($5500/yr, more if you're close to retirement age) if you can afford it. Vanguard funds are good. If your employer still does a 401k match, max that out also as it's basically free money.

I have a "play" account that's higher risk, where I've picked winners and losers, but that's not intended for anything long term and is something I'm prepared to lose 100% on. That account has AMZN at a $290 cost basis and TSLA from IPO days. I wish I didn't diversify a lot of it, but overall my portfolio is better off. The key is diversification, if you're putting all your eggs in one basket be prepared to drop it.

 

Any one you do your research on or hire a finial adviser for their research.

Only one I wouldn’t recommend is one off a forum or social media.

 

But aapl on pullbacks.

 

This...

I’m curious, has your play account had bigger long term returns than the retirement account? Seems like for most folks the big wins are fun, but the turd investments balance it out to about what the market does anyway.

 

Buffet just bought more Apple. He does not buy many losers. I like NVIDIA myself. Problem is any company stock can take a hit at least short term with one miss of some analyst's projection. Company I work is growing revenue YoY and making good money but one miss and stock takes a hit. Pick a solid company and plan for long haul. Day trading is not for the average Joe. I have Home Depot, Chevron, Mohawk Ind., and NVIDIA. Also several low cost funds. I might dump them all next year. Bull market is about to flame out.

 

The turds do balance it out. I've gotten lucky with a few things (TSLA IPO, MRO at $7, AMZN, etc.) but overall it hasn't done a whole lot better than my 401k (which has US and international index funds) nor did it appreciably beat my IRA (which is mostly target date and a few sector funds) while carrying a lot more potential risk.

I don't agree with all of Dave Ramsey's principles, but you can't go wrong with the investing early and often recommendation if you're putting it into managed funds.

If you're into gambling though, there's always crazy imaginary internet money.