Where and how you will invest $ 1000 ? |
please be spicific; for example if you suggest stocks market suggest the name of the stock or compnay
General answers and ideas without mentioning details are not really ... |
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Investing in Stocks? |
I phrased a previous question wrong on here but it did raise some interesting points from various people about the subject or question.
I have a new one. Say a normal Joe such as myself ... |
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Stock Market Killing Me.............Help??? |
| Im Desperate ....Good stock anyone i can buy today ....have $10,000 to invest............ |
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What is a better investment BRK.B or GOLD? |
| i have $9000 and i am not sure what to buy. i am 23 and i am thinking of holding on to this for quite a few years. eather buy 2 shares of BRK.B or buy $9000 worth of soild gold and hold onto it. ... |
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Would you consider investing in Johnson & Johnson? |
Buying stocks, short run and long run....
Is it a smart move now? In the future? Vs the other pharmaceutical stocks....
Why or why not?... |
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Savings acct vs certificate deposit? |
| looking into opening a cd that has the current rate of 2.62%. my current savings acct rate is 3.25. On this situation why would someone open up a cd acct? is cd a better choice for the time being. ... |
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IS THE STOCK MARKET GOING TO CRASH? |
And if it does crash what does that mean.. what will happen? Additional Details Like what is the difference between Nasdq and Dow Jones? T... |
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Stock Market Help? |
| I am, doing a project on stock marketing and I have $10,000 I can put into 10 companies. Since we are doing this for fun (not real gain in money or profit.) what are some of the safe companies stocks ... |
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Dave Ramsey what should we do with our money. We owe 10,000 on our truck and have 16,000 in our savings? |
| We have no other bills other than our truck. We are 21 years old with 2 kids and in the USN. We recently came to 16,000 in our savings and want to do something with it. We don't plan on ... |
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I'm a beginner to stocks and shares.....? |
I want a step by step guidance how safely invest in stock market and also how to more profit....
Suggest me some site or ebook
any referance that will clearly explain about stock in basic ... |
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If I have about $40K to invest and I want to make that grow with the least risk within 5-10 yrs? |
| What is the best way? Mutual Funds? Bonds? I know I need to diversify, but how and with what? I know little about investing, and would like educated advice please...... |
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Investing in stocks using zecco? |
| i recently transferred my $ from etrade to zecco, because i heard zecco offers free trades (for stocks). i dont mean to throw accusations, but i believe these guys are stealing from their members. Y... |
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I got $200 to do anything I want with in the stock market. What website would be the best for me? |
| Buy and hold.com? Sharebuilder? With buy and hold they charge a monthly fee but it seems to be the most beginner friendly. It looks like that's the only fee they charge. With sharebuilder, there ... |
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Dr. Richards | Any investing tips for teens/young adults? |
Have money to invest but don't know where. Any good reasources? |
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T J
 |
First, pay off all your debt. First (part B), get a good education. First (part C), get into your company's 401K at least to the amount at which they stop matching. If your company doesn't provide this, or doesn't match any of your contributions.... I'd suggest getting another job.
Once you've done all that, if you still have money to invest, I'd suggest opening an account at any major online investment firm... really doesn't matter which one. Put your money into at least two ETFs/index funds. Leave it there until you know better than to seek advice on a Yahoo answers board (just kidding) (?)
Then, as hard as it will be with your youthful exuberance, stick to merely 'paper' trading until you get a feel for what you do well and don't do well. A _VERY_ good site to help with this idea is marketocracy.com. It is a free site, and they DO NOT spam you or sell your email address. There are incredibly useful tools there, but the most useful is the opportunity to make alot of decisions... some of which will be mistakes... but they'll be mistakes with play money rather than your real money. You'll be able to make enough mistakes (and good decisions) to figure out what you do well, and what you don't do well.
I know this isn't the answer you were looking for, but it IS the right answer.
If you insist on getting stock tips, though, I'd say look at WPSC (last trade 02FEB07 at $26.23).... but DO NOT INVEST in it until you understand their business and their risks, then MAKE YOUR OWN DECISION. |
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melomego
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Yes, first put your money into three separate savings accounts, at three different banks. This will help build your credit score.
While you are at these banks, talk to them about the products they offer, and ask the investment specialist what he/she would suggest. Say thank you, and move on to the next bank. Don't forget to take notes!!!!!!
Again...TAKE NOTES!
Go home and compare length of terms and rates.
Then get on the web and check out www.prosper.com
Read everything about it. Register if you would like. However read through the WHOLE site.
READ, READ, READ...
Decide whether you would like to be an ACTIVE investor, or just let your money sit, and move it around every once in a while.
If you choose to let your money sit, then more than likely other people will be deciding, essentially, what to do with your money.
However, if you would like to actively invest, you will have to educate yourself on many subjects. Its not rocket science, but you will need to be quick and savvy.
Go into the library and read zines on investing, banking, real estate, entrepenuership, loans, hard money resources, etc.
Seek out a mentor who can show you how to invest in these different topics.
DO NOT give your money to ANYONE to invest for you until you are an EXPERT in what they are going to invest your money in!!!
Good luck... |
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dinu_pawar
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learn charts & do mock trading
ebooks on 4shared.com |
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barry_robbins_98
 |
Save your money. Don't do drugs. Drink very moderately. And learn everything you can about the stock market. Try to learn the big trends about where society and business is going. A good book to read is "The Little Book that Beats the Market", by Joel Greenblatt. It will teach you the fundamentals of value investing. A good website to take a look at is I think the best way to learn about the stock market is to first see what the best traders are buying and selling and why. You can find this information at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck. |
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hilikv
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First of all, Scottrade is my broker and I'm very happy with them. second, try to diversify your portfolio. (DO NOT buy stocks of only one company and DO NOT invest only in one sector). I would start with stocks of big companies, such as: Coca Cola (KO), FedEx (FDX), Philip Morris (MO), Verizon (VZ) etc.
Good luck to you...! |
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vegas_iwish
 |
Pretty much ignore 1 answer. No 3 banks at all. Start a small relationship with 1 but that is not part of investing. Just an anchor for later. Do not read too much - paralyzes you from acting. Ignore all systems. No need to become an expert - too simple. No expertise needed to buy an etf like Efa or closed end fund like ADX & Peo. What matters is starting now. Open an acct @ schwab.com & see the options there. If were complicated gew could do it. |
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HcRaYLe
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dave ramsey
check out his site
he rocks
daveramsey.com
♥ |
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Brad L
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If you have reportable income (i.e. you have a job), then a Roth IRA is a great idea--you can invest up to as much as you make. All future earnings on that money are then TAX-FREE forever.
The best advice for any young person--investing early is amazingly powerful. The power of compound interest can change your financial future forever. |
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