How can I attach hooks etc. on a second story balcony, when all siding/molding/stucco is made of thick cement?

I am looking to put bird feeders, hanging planters, and other such decorative items up on our balcony, but am hindered by the cement molding. *Are there any options outside of purchasing a drill with masonry bit to attach the hooks?* I am looking to avoid purchasing a drill, which will run about $100 for the job it necessitates. IF NOT, what are some drills that you can recommend that are inexpensive yet heavy-duty?? I have looked on Amazon.com for reviews, but still do not know which to get. I also live by a Sears & Target, if that is any relevant. Thanks!!
(We own the place.)

I think, the drills you are looking at are contractor grade. To me, this means, it is designed to do hard work on a daily basis. You do not need this, you will be fortunate, from what you said, if you do this type of hard work every once in a while, so this is not the drill you want. You’d be paying for much more drill than you’d use.
I would say get a heavy duty drill at wallmart or some store like this, get yourself a good masonary bit and you will be able to do what has to be done. You should be able to get a decent basic heavy duty drill ( no frills) for around $40.00.

Remember, it really is the masonary drill bit that will cut the hole, not the drill size. Keep dipping the bit in water so it don’t overheat.

Remember: All you need is a 3/8 Reversable drill “Corded”

even this drill should work for you:

http://www.amazon.com/Black-Decker-DR201K-8-Inch-Keyless/dp/B0000C6DX2

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