Surfing the Chop on Wall Street Towards Retirement

Surfing the Chop on Wall Street Towards Retirement

Search This Blog

Thursday, May 20, 2010

The Risk to Buy Equities is Dropping Quickly - A Mild BUY right now!

Only god knows if we have or will soon hit a low.   Indecision and Chaos from the EU continue.   If you think it is time to start nibbling on stocks, it might be time to look at some European/International worst  hit and high dividend stocks like:
Glaxo Smith Kline
Siemans
Sarnofi Aventis
Banco Santander

Really, as the Euro drops these should actually do better given their international and export biases?   Still the questions is whether to buy now or wait for prices to drop further?    I am still fence sitting on whether the pessimism has reached a climax yet.   Things are only mildly insane.

No comments:

Post a Comment

About Me

I have a passion for investing and surfing.