OK expat if you’re sure this market is going to keep moving up I may finally enter back into the stock market through a Vanguard mutual fund. Was also thinking of buying an individual stock - Groupon. Any thoughts on that?
Having a really hard time finding good things about GRPN, performance has been poor lately and the IBD checkup rates it over all 59 out of 100. Sure, it could always soar tomorrow but it's not giving us any good signals today.
fwiw, the top leaders in the online sales group are BABA, MELI, STMP, AND VIPS.
Just realized that my biggest holding is a Vangard index fund VFINX--tho if I had it to do over again I'd avoid the loads by just buying SPY --the exchange traded fund that's equal.
My 2-cents. As a Retailer, I advise you NOT to buy into ‘Groupon’ and all of their hype.
Retailers HATE IT! We want it to DIE. We wanted it to die with the very first ‘Groupon Coupon’ we were forced to accept!
No, no! A thousand times, NO!
Your Mileage May Vary. :)
Sounds like you're just looking for the latest, greatest thing. Trouble is, most other people like you - those looking for the latest, greatest thing - have already bid up the price of Groupon, mostly based on speculation.
Personally, when I want to buy individual stocks, I look for strong local companies which are closely followed by my local media. Since I live in the Upper Midwest, I own stock in 3M, Target, Hormel, and General Mills.