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ATWT Discussion Group
I was at a conference a couple of weeks ago and talked with a representative of Proctor and Gamble. I was also given a packet on investing with them. I do not like to mess with investments, but my husband makes me do it. Anyway, I asked him what the thought of P & G. He did some studying and said it is a good stock. Turns out they have an automatic investment plan. The good thing is, you don't have to pay a brokers fee for the initial investment (minimum of $250) and minimal fee if you choose to invest monthly (minimum of $50). You just sign up to have it taken out of your bank account. So I'm going to take the plunge. I invested $1,200 in an energy stock about 20 years ago and have reinvested the dividends for most of that time and the stock is now worth over $12,000.
The other benefit of investing in P & G is that if I want to I can go to the annual shareholders' meeting and make my thoughts re ATWT known. I just think it would be neat if a lot of other shareholders show up wearing ''SAVE ATWT'' T shirts. There are also discussion boards for shareholders.
My understanding is that if the stockmarket goes, the only stocks that will be safe are China/India stocks. The American stuff will be toast! So if P&G is mainly over there, could be okay!
My feeling is that as soon as gas gets high enough, people are going to quit paying all their credit card bills and the banks will really start folding, and once that happens the house of cards will tumble! My feeling is that if you actually have money to invest, gold and oil stocks would be the best.
I read a few months ago in my AARP magazine (which I just started getting) that they say gold is not the way to go. Don't think I'll listen to them for investment advice! They said invest in stocks!
Guess we'll see who's right!
