Index Funds

A good S&P 500 index fund is a good investment for most people.

MRV Communications (MRVC)

I like this stock and have followed it for over three years. MRVC is very cheap right now from a price per share ($0.60) and 52 week high ($1.95) perspective. This stock is very liquid and moves with the market. MRVC acts like an index, and since the market appears to be on its way back up, this stock is a good buy right now.

Coinstar CSTR

Interesting.....This company owes all the change machines, arcade games, and that new $1 movie rental vending machine you see in Jewel and many other retail stores. They are called Redbox and it accouts for 20% of Coinstar's annual sales. They expect Redbox to increase 80% this year and bring in as much as 750 million. Redbox revenue grew 52% last year.

Welcome!

Hello All,

I came across EPEX (Edge Petroleum) today. It was up 45% today. Closed at $.60. They are a independent oil and natural gas company engaged in production and acquisition of oil and nautral gas properties in the US.

Going to watch this stock among others closely for the next couple of days before I act on anything.

Let's keep the blogs going and share as much info as we can.

What I'm Holding

I'll take the time here, with my first post, to disclose my portfolio holdings with the companies I'm currently invested in. In no particular order:

GE - General Electric Co. - 24 Shares
SIRI - Sirius/XM Radio Inc. - 130 Shares
V - Visa Inc. - 10 Shares

I currently have my investments with E-Trade, and at this time I have a High Yield Savings Account and a Brokerage Account. I look to open an IRA sometime in the near future.

Currently, I'm just sitting on my investments. Unfortunatley I'm unemployed at this time and can't contribute any money towards investing. Hopefully, with signs of the market turning around, I can scrape some money off these investments to further invest in companies I'm interested in. I don't expect everyone to disclose the information I have, I just feel comfortable revealing the information.

I'm excited to get this blog off the ground so that we can all use it as a tool and ultimatley all make some money! I'd like to see this used to possibly discuss different investment banks(E-Trade, Scottrade, Ameritrade) to see which one is the cheapest to invest your money through, ie: trade costs, account fees and the such. Also, to discuss companies we are all interested in investing in and why it may or may not be a good idea.

Well, I'm rather impressed with myself and my first "blog post" because this is all new to me. I'm on my way to being an expert writer/blogger! :P

I look forward to learning and earning with the help of this blog!!

-Stu

Ben Bernanke Gives Positive Outlook

"pace of contraction may be slowing," consumer demand "may be stabilizing" and the housing market has "shown some signs of bottoming."

http://www.usatoday.com/money/economy/2009-05-05-bernanke-economy_N.htm

Bought BAC

I bought some Bank of America this morning. The stock is very cheap right now and I am hoping that their bank health report comes back positive.