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Are Geothermal stocks a good long term investment??

I want to buy some stocks as a long term investment. At work, everybody is saying Fannie Mae.?

  • I want to buy some stocks as a long term investment. At work, everybody is saying Fannie Mae. It is 0.30 cents a share now, was $45.0 a share in 2008, some experts say it will be at least $11.0 by 2014. Anybody ?

  • Answer:

    You need to learn the business. You are going head to head against the best thieves, frauds, and cons in the country when you invest in any sort of promises. A stock is not a promise, it's ownership. But even if you buy stocks the thieves can steal them from you: a section of the AIG bailout bill allows a broker to sell your stocks if he needs the money. In a bankruptcy that would be automatic. Do you know how to protect yourself from such shenanigans? No? Then don't buy. Take ECON 101 at your community college and ask the professor what other classes to take. Keep studying until you don't need advice from anybody. That will be the best investment you will ever make. Still want advice? Buy gold and silver. Get your education here: http://gold-eagle.com/research.html The plan is here: http://www.gold-eagle.com/editorials_03/sanders030703.html Get more support here: https://www.kitcomm.com/

Chhetri Menuka at Yahoo! Answers Visit the source

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Fannie Mae and Freddie Mac are penny stocks - and these stocks are gone, forever! The business model of the underlying company for these stocks is non-sustainable. If you're looking long term then stick with stocks such as RIG and NE (the situation can't be worse for offshore oil drilling companies than now). Source: I write about stocks at http://fadi.el-eter.com

Octo

There are dozens of solid performing profitable companies on the market. Why risk your money on a failed institution just because it is cheap? If you could only afford 1 share of Apple it would be far better than 10000 shares of Fannie Mae . A loser is a loser, no matter how good it was in the past.

Gollum

that is wishful thinking because a lot contribute to a stock's price. have you heard of stock splits? an reverse stock split will raise the stock's price by reducing the amount of shares. I have owned penny stocks that after about 3 reverse splits I end up with 1 share. It's funny but not when it comes to your money. good luck.

People at your work know that Fannie Mae was created by the government, and still is pseudo-government agency. By their own admission, they believe they can always gamble more because they believe the government will always bail them out.

Smith

Penny stocks are penny stocks for a reason. Don't waste your money.

vinceandy

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