investing for dummies

You work hard for your money. Make your money work hard for you. Investing your money is a great way to make your money go farther and earn you more money. However, many people are content to let their money sit in a low yield savings account. The time to invest is now. The market is still in 10 year low territory. The market is ready to make money, but you can't make money without investing. Here are 5 stocks every good portfolio should contain.

Abbott Laboratories makes a ton of money and has consistently delivered double-digit growth.

Based on current estimates, you can buy Abbott for about 15 times earnings. That may sound expensive in this environment, but it's cheap historically. Unlike its competition, Abbott has a diversified product line with a stable of promising new products that should drive earnings for years to come.

Abbott pays a dividend of more than 3%, which means investors get paid to wait for the stock to appreciate. And even in a deep recession, Abbott is holding up better than most companies. Own this stock and sleep well.

Exxon Mobil – Exxon is a major player in the oil and gas sector that has been increasing its dividend since 1970. I would hold off on the buy though given the recent run up. The current dividend yield is a modest 2.10%

McDonald's McDonald's has and always will be a force in the fast food industry. They continue to grow globally and have a decent dividend. Your money is going to grow and be rewarded with a dividend in the McDonald's stock.

Toyota Toyota is a bit down right now, which makes it a great time to buy and hold long term. The earthquake, their safety issues and numerous other factors have given us a chance to own this stock at a discounted price. At the end of the day Toyota makes quality products. You are buying into a good company, and that's key.

Cisco Cisco is another great company with a low price right now. This company is a global leader in Video conferencing, computer technology, and information technology. The stock is a great buy, and the company is solid in the commercial and consumer industry.

I hope these tips on investing help you decide what stocks to buy soon. The time to buy is always now, but what to buy is the best question you can ask. Remember, these are merely recommendations. I am in no way sponsored by or in support of these companies in any way. I am a small time investor like you who is always on the look for some hot stocks to buy and hold.

Check out 5 easy ways to start investing hubs.

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