Originally Posted By: Pop_Rivit
Originally Posted By: marine65
Any comments or recommendations?
It depends upon what your goals are for the investment.
Is this an investment that is expected to be part of a retirement fund? Then it's a very poor choice.
If it's just something to play with, then there are some interesting choices. Northern Oil and Gas is in the middle of a lawsuit from shareholders because of their CEO. I'd steer away from that one. Bluerock had some reasonable growth in the last 12 months; enough so that I'd consider cashing out, but with just 4 shares you might as well let it ride. Medovex is somewhat interesting-if what they're doing actually pans out I'd expect a larger company to buy them out. That may make the investment worthwhile. 22nd Century Group-no thanks. Tidewater could be interesting depending upon what happens over the next year or two. Xerox could get interesting now that they have spun off Conduent and sharpened their focus on their market. Inventergy is another one that could see a big benefit over the next couple of years. It will be interesting to see what happens with Northern Dynasty and Cantor Fitzgerald.
One of the problems is that you're very limited on the quantity of each stock. Even if one does extremely well, the possibility of significant returns is limited by the number of shares held.
Agreed. This is not investing. This is gambling and playing around in the market. Gambling is entertainment, and not an investment strategy. I'm willing to lose money gambling and going to a football game, but with my investments I don't play around. So the OP should think about whether he is investing for the long term or just having fun with play money.
As others have mentioned, VTI is good for the long term, and reading sensible investment books is important...
https://www.thestreet.com/story/10114563/1/the-fund-investors-reading-list.html