Value Hunting, Blue Chips, Common Sense Investing.

This blog is officially back to regular updates.

A lot has happened since I stopped writing.

Freddie and Fannie takeover.
Merrill Lynch acquisition.
Lehman Brothers collapse.
Washington Mutual getting bought out by JP Morgan.
Wachovia Bank being purchased by Citi group.

True Patriot and I have been pretty bearish when it comes to owning stocks that have anything to do with consumer discretionary spending. We have been bearish on stocks like Las Vegas Sands.

As panic set into the market last week, the CBOE VIX, Volatility Index, spiked to new highs. That is exactly what we have right now, triple digit, record creating up and down swings.

People are now bottom picking, looking for stocks that were beaten down with the rest of the market and are known to be stable.

As we navigate the next few months you should look for stocks that pay dividends so there is a incentive to invest in them, stocks that have a global exposure and participate in businesses that perform well during any kind of market environment.

This includes stocks like Walmart, McDonalds, Kraft and General Electric.

After you buy these stocks you can expect them to go down along with the market, this is good because you can dollar cost average the stock as it gets cheaper.

You should not look for great returns from these stocks they are just the best thing before you go into bonds to preserve capital and offer a pretty good dividend.