Quotation of the Day

Saturday, October 18, 2008

Bargain Hunting Stocks

I am going to start bargain hunting for stocks sooner or later. I'm not sure when yet. Maybe I'll start pretty soon but only in small chunks in case the markets keep going down. What is sure is that stocks are way more affordable than last year!

Warren Buffett is already buying stocks ...

What's your plan?

4 comments:

Luc said...

I plan buying a few dividend stocks and then closing my eyes and opening them only 5 years from now.

The Canadian Money Reviewer said...

hi Luc .. have you considered buying indexes instead? You can get very decent yields with some ETFs. In my opinion, the risk is less than picking only individual stocks (some companies could go bankrupt for example or you could have a big capital loss in 5 years). If you are still decided to go with stocks, head over to the Dividend Guy blog ( http://www.thedividendguyblog.com ).

The Canadian Money Reviewer said...

Another good article from Warren Buffett: http://www.thedividendguyblog.com/the-most-important-article-of-our-time/

igalloway@eastlink.ca said...

Everyone is talking about good buying opportunities for different individual companies stating various reason why they represent a good value. Does anyone know of a good mutual fund that is good value right now? Good companies in their Portfolio with low fees and who's unit price is now considered a good buy. Sounds like a dream. Ian

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