https://www.zerohedge.com/markets/fo...draws-guidance

I'm going all in on this dip. Neither the bulls or the bears have a solid case, either side could easily lose. Me personally I'm buying UPRO/SPY (S&P 500 funds) at the lows in bulk and then filling in the gaps with DIS/JPM/AXP/FB and other quality companies that are unfairly beaten down.

I would avoid oil, automotive companies, namely Ford, and other non-growth stocks. Just because a "good company" is cheap right now doesn't mean you should always buy it. Look at some 2-5 year charts on stocks that are cheap right now. Either they're really not THAT cheap OR you're going to be waiting years for it to get back to the highs that you base the "lowness" off of. I know most of you will reply to that that you're long term and don't care but listen, if your money could be in an area or stock that recovers much faster that means much more money for you. Compounding is very real. Also, speculators will try to call stocks that will be positively effected by this like some of the stores, medical stocks, etc. but that can be risky business. You likely will pick a good winner and then a couple dogs and break even for years and years.

Remember, well over 90% of traders, which includes the best funds of Wall Street, CANNOT beat the S&P 500 for more than a couple years. Do you think you know more than top hedge funds? Warren Buffet, the greatest stock picker of them all, tells everyone to buy S&P funds.

Buffet prefers VOO--and I'm back in @ S&P 2200--more pain coming IMHO

All mine and wife are in S&P and have been since the beginning. We have a joint small account (less then 100K) that we play with with every once in a while. This is where we bought Ford back in 08 along with Cummins. Hardly ever buy anything, and even much less sell from this account. Did do a "I guess" dumb move years ago and sold Walmart. Had 2K shares of it for more then 15 years and it never did a thing. Sold it and the next year it took off, go figure

Buffet prefers Vanguard in general, I think they have some business relation at some point. You can invest in VOO or SPY interchangeably and unless you're holding for decades you'll never notice the superficial difference in fees.

Where/What are most of you using to buy stocks?

Look into royal dutch shell

As far as brokerages, I recommend and trade with TD Ameritrade (Which is in the process of merging with Charles Schwab).

Didn't know that... My Scott Trade became TD Ameritrade a while ago, and now another merger...

I heard some about this also, I'm Scott/TD right now as well