Merrill Lynch Cd

I do not like the idea of mutual funds, CD's, IRA and all the other stuff I just want to invest in stocks. With $ 7,000 that I have, I want to invest $ 350 in each of the following titles. What do you think?

[ETFC E * Trade aec] - $ 350
aec International Coal Group [ICO] - $ 350
aec Citigroup [C] - $ 350
aec BlockBuster [BBI] BBI.B / - $ 350
aec YUM [YUM] - $ 350
aec eBay eBay [] - $ 350
aec Kinross [Gold KGC] - $ 350
aec Accuray [ARAY] - $ 350
aec General Electric GE [] - $ 350
aec Merrill Lynch Wed [] - $ 350
aec Intel [INTC] - $ 350
aec PALM [PALM] - $ 350
aec Electronic Arts [ERTS] - $ 350
aec St. Joe [Joe] - $ 350
aec Microsoft [MSFT] - $ 350
aec Wachovia] WB [- $ 350
aec Cree [EERC] - $ 350
aec Energy Conversion Devices ENER [] - $ 350
aec Annaly Capital Management [NLY] - $ 350
aec IMAX [IMAX] - $ 350

Interesting question. With the amount of money you, I definitely thing you need to reduce the number of stocks you want to invest in probably less than 10 ... probably 5 or more. In general, I have heard is that you want to try to keep your transaction costs to less than 1.5% ... If you are commissions 8/trade $ you want to invest in chunks of $ 1067 + transaction fees, so do not cut your profits too (1 + buy 1 copy = $ 16, .015/16 = 1066 67). The more pieces, and the bottom of your commissions, the more you get to keep.

I plugged your numbers in a spreadsheet I created to evaluate stocks. I use this worksheet purely to eliminate stockpiles of my account, once this is done you should score more to do. So, do your due diligence. I created the spreadsheet based on inventory spreadsheet Watch Jason Kelly's book "the cleanest Little Guide to Stock Investing". I highly recommend reading this book, he outlines the many different methods of stock assessment. I removed and arranged the stocks according to my preferences which may not match yours.

I do not know how you arrived at this group of stocks. I keep looking. You can preview that I did not. (I'm not saying it is right or wrong, but I'd take a little longer and get more ideas and refine your list a little more.)

First I arranged your business by industry and willingness of each industry in order of preference with a determination by the evaluation reports (p / e, p / s, p / b) ... I also looked at 5 years of sales figures to help arrive at an order of preference .... here's what I came up with (again this is very rough and only on the basis of figures):

WB Financial
NLY financial
Financial C
Wed financial
JOE financial
Financial ETFC

MSFT Technology
INTC Technology
ERTS Technology
PALM Technology
CREE Technology
ENER Technology

YUM Services
EBAY Services
Services BBI

Basic Materials KGC
ICO Basic Materials

Conglomerates GE
ARAY Healthcare
Consumer IMAX

I then narrowed the field to 10 by selecting some of the top (or one) of each industry:

WB Financial
NLY financial
Financial C
MSFT Technology
INTC Technology
ERTS Technology
YUM Services
Basic Materials KGC
ICO Basic Materials
Conglomerates GE

I took those 10 and arrange them in approximate order of what I perceived vied at least:

MSFT - Microsoft Corp.
ONLY - Annaly Mortgage Ord Shs
KGC - Kinross Gold Ord Shs
WB - Wachovia Corp Ord SHS
C - Citigroup Ord Shs
YUM - YUM! BRANDS INC.
GE - General Electric Ord Shs
INTC - Intel Corp.
ICO - International Coal Group Inc.
ERTS - Electronic.