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Table 5 · 10-06-2008, 01:52 PM

Well if you don't want to think about it much, invest in an index fund...great time to do it... myself I just started putting money into something called an Ultra Midcap 400...which basically aims to double whatever the index is doing (ie, up AND down). It's very volatile, but has had a lot of losses already this year, and there is (hopefully) not too much more downturn.

GE is not a bad play either for the long term...good divident, and it's stock price hasn't been this low in years. If you dont mind it sitting there for a few years, it's about as sure of a bet as you can get. GE might take on more water, but it won't sink.

10-06-2008, 01:52 PM	#149
Table 5 Franchise Player Join Date: Oct 2001 Location: NYYC Exp:	Well if you don't want to think about it much, invest in an index fund...great time to do it... myself I just started putting money into something called an Ultra Midcap 400...which basically aims to double whatever the index is doing (ie, up AND down). It's very volatile, but has had a lot of losses already this year, and there is (hopefully) not too much more downturn. GE is not a bad play either for the long term...good divident, and it's stock price hasn't been this low in years. If you dont mind it sitting there for a few years, it's about as sure of a bet as you can get. GE might take on more water, but it won't sink. Last edited by Table 5; 10-06-2008 at 01:55 PM.