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agriculture stocks

  • 13-12-2009 12:17am
    #1
    Eoghan_84
    Closed Accounts Posts: 19 ✭


    Hi,
    I've inherited 20K 6 months ago and invested 10k of it buying gold and silver, i plan to invest 5K on agri-stocks and keep the remaining 5K for university. According to Jim Rogers and Peter Schiff agri-stocks should be a great place to invest but I'm not sure which ones to pick, could anyone help me out?
    thanks..


Comments

  • #2
    ixus
    Registered Users, Registered Users 2 Posts: 2,435 ✭✭✭ixus


    I haven't a clue about specific stocks but, if you're interested in agri, look at the ones that had the least volatile moves during the 2008. The ones that stayed stong to the upside when the world was in a panic.

    If their product remains strong, their fundamentals etc. then it should remain so.


  • #3
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭Raskolnikov


    €5k is far too little to be spending on a basket of individual stocks because transaction costs will wipe out a lot of any profit that you make.

    If I was you, I would just buy an agriculture based ETF which would give you a spread of all the worlds top agriculture companies.

    You can buy this one through your stockbroker - http://www.google.com/finance?q=NYSE%3ADBA


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