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Lv 7
? asked in Business & FinanceInvesting · 1 decade ago

What is the best way to invest $100,000 to $120,000 in the stock market?

I'm thinking about purchasing half in alternative energy related stocks, maybe $10k each (if I can find 5 or 6 good ones) and half in a personal opinion stock that is about to split 3:1 and is the only company in it's field.

Update:

I did not ask about mutual funds. I have SEP, Roth, and a Rollover IRA. This question is ONLY about the stock mkt. This is extra money I can afford to lose but, of course, would rather not!

Update 2:

Sorry, I realize mutual funds are also "the stock market" but I'm max-ed out on my SEP (raised my salary to take full advantage) and my Roth. I am ONLY talking about individual stocks.

Also, when I say alternative energy related stocks, I am referring to Bio-Diesel, Photo-Voltaic Cells, Wind power, etc. I'm not talking about one segment.

I'll also re-iterate about the one personal choice. I'm exaggerating when I say it's the only company in it's field. There is one other that is insignificant. 3:1 stock split happening Thursday. It is recession-proof.

Update 3:

One other thing - I'm not interested in "Day-Trading". I'm only looking at long-term investments.

3 Answers

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  • Ryan M
    Lv 7
    1 decade ago
    Favorite Answer

    putting half of your basket into one sector is a pretty bad idea. Ususally industry stocks all go up and down at the same time. Bad news from one company, will drag down half of your portfolio. You should have AT ABSOLUTE MOST no more than 2 stocks in any one industry...however one is better!

  • Anonymous
    1 decade ago

    Hello,

    I also had a similair problem as you have.

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    Hope this has helped you!

  • Growl
    Lv 6
    1 decade ago

    If you don't know a lot more about investing than you appear to know (which is practically nothing) stick it all in mutual funds.

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