Tuesday, May 20, 2008

Watching The Market

Unca Vic can't play with the whole market but he does watch it some. The above stocks are being eyeballed a lot and may deserve your attention too. WCG, V, EDU, LFC, EWZ. The chart above is a 12 month look to 06-08. For the young investor, Visa (V) is probably one of the best you can get. Just buy it and wait 5 years - buy more over time. MA (Master Card is just as good and has been on the market a year or so longer). Never chase a price - look to buy when they have normal dips. (V was great two days ago) EWZ is falling off some recently due to oil prices starting to cool some. EWZ is an ETF that has several international oil companies in its holdings. ETFs are kind of like mutual funds but without the hassle.
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