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Tuesday, August 25, 2009

A Blue Chip Does Your Portfolio Good

By Michael Swanson

Most people know there's a lot going on with the stock market. For some, this is reason enough to turn away, but they might not know that there are still good options. You can get blue chip stocks at great and discounted rates. Better yet, even with the current climate, you're probably going to get dividends.

What gives these stocks their edge? It's typically the companies they come from, where most financial decisions are conservative, but still allow them to bring in the profits they need year after year. While most stock prices are rising, here you'll get something that you can trust not to change much.

In fact, given the way things are today, there's never been a better time to make this choice. Things are going to get better eventually, and when they do, you'll benefit more than anybody else. But first you have to get into things, and that means looking into big name companies.

One thing a lot of people aren't sure of is just where these stocks got their name. In fact, it comes from gambling. A blue chip is the most profitable type you can have, and so it makes sense that it would be applied here. You can make a lot of money just like if you were to hit the jackpot in slots.

Even if you don't have a lot of money, you should at least be able to buy some things what with the prices things are at these days. You'll probably even be able to get several, and then simply sit on them, waiting for the day they'll pay for themselves and totally make up for what you had to spend.

Of course, you are going to want to become familiar with the language of what you're doing so you can be prepared and take in the advice of others. Better yet, the more you learn, the more you'll be able to do. In no time, you'll be an expert making the kind of money others envy. - 23200

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