Any opinions?
I'm lookin at GE right now cause its around $14.00 a share, pretty much the lowest its ever been, and which energy efficient breakthroughs and what not it seems to have some potential for growth.
I would like some stock in apple but it's too high to buy right now.
Don't buy stocks. You might make a mint; But you might lose a mint.
Instead buy stock index mutual funds. They're boring; Reliably boring. You won't make the same mint you can with stocks, but more importantly you won't lose a mint either.
Establish a portfolio group of low-cost (low expense ratio) funds you can continue to allocate your savings into each pay period, as follows: 10% into bonds (a short-term bond index fund such as VBISX), 60% in U.S. equities (50% in a large cap (VIVAX)), 50% in small cap (VTMSX)) and 40% International equities (50% of it in a Total Int'l Stock Market fund (VTMGX), 25% in Int'l Value (VTRIX) & 25% in Emerging Markets (VEIEX).
Make a spreadsheet where you can track your holdings, their performance, and update the current prices of each, along with the number of shares you own, and finally the amount of new savings you have to invest. Every time you're ready to add new money, add it to the fund(s) that have fallen below the target percentages I gave you above; i.e. A guaranteed
Buy Low, Sell High. And, once every year or two, you can "re-balance"; If a fund(s) has gotten way out of line, too high or too low, you can sell some of one or more to buy some of the others in order to bring the whole portfolio back in line with the target percentages ... Again buying low, selling high.
This keeps you from having to try to guess whether a stock is currently priced "high" or "low", because in reality nobody ever really knows until after the fact. And you will likely lose a lot of your money over the long run trying to make these guesses.