It’s time to look for where to invest our regular monthly payment. The September is coming to an end and we have at least $100 to invest.
How we select stocks?
There is a good tool to find a pool of interesting stocks. We use Stock Screener at Google Finance.
Let’s try again.
For example you choose NYSE exchange and you like Utilities sector. You can choose the Criteria you like: Market cap., Div yield (%), Price, Valuation etc.
Our favorite criteria are Price, Market cap. and Div yield (%). Because it’s a first step to choose stocks.
Now you must to do your homework. I.e. to do an analysis for chosen stocks. You can do the analysis you know the best.
When you did that, let’s place stop orders to buy.
DYN and RRI have passed our filter:
). Place buy-stop order at $5.12, stop loss – at $4.52.
RRI Energy, Inc. (NYSE:RRI). Place buy-stop order at $3.65, stop loss – at $3.41.
Your Retirement Plan 6.32%
S&P 500 -3.75%