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A four year degree in Pharmaceutical Science with Industrial Placement costing £40,000 approx. for tuition fees at Kingston University.
Yours in Need,
Joshua.
RSVP: josh1_d@yahoo.com ... |
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peace4mesg | Beginning Investor? |
I haven't yet purchased any stock, I am currently in the learning process. Say the minimum amount I have to spend to purchase a mutual fund is $1000.00. Would that only be worth 1 share? Or multiple shares? |
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BigBen
 |
depending on the share price. but personally, i think $1000 is not a good start in stock investing. i'd suggest you to accumulate more money and in the same time continuously learning about stock market investment. in the meantime, i prefer to invest in mutual funds if i were you. |
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bizzbagg
|
i would also read the following books. they help me out a lot through the years.
1) the intelligent investor
2) security analysis |
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sudha k
|
Hi Friend.. Mutual fund is the always safest mode of investment for beginners..Just take look at the link below to learn more about other investment... |
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zygote222
|
You would get many shares for your $1,000, unless you happen to invest in a mutual fund with an exceptionally large NAV. "NAV" stands for "net asset value" and is recalculated daily after the stock market closes. If it goes up, the shares you own are worth more and you've made a profit. If it goes down, you have a loss.
Besides fluctuations in NAV the only other way your mutual fund investment will change in value is when the fund company issues a dividend. When you make your first purchase, you will have to state whether you want your dividends paid in cash or in additional shares of the mutual fund. If you choose to get additional shares, the total number of shares you own will gradually increase over time, which will also tend to increase the value of your investment.
Dividends on stock mutual funds are generally issued in quarterly in March, June, September and December, with the December dividend usually being the largest. |
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Barney
 |
It is a mixed bag of stocks and maybe even foreign currency. That gives you a diverse portfolio in your mutual fund. Where it is invested in depends on the type of fund YOU OWN. Since your the owner of it you should have some control over where that money is invested if that fund begins to under perform. This too depends on who you bought the fund from. |
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RHJ10
 |
I think the easiest way for a beginning investor to start is investing in an index fund. You can choose the S&P500 index as a start. I would recommend the Vanguard funds for their low expenses, but I believe that they have a minimum of $3000. So instead, I would suggest an Exchange Traded Fund (ETF) that tracks that index, SPY. With the $1000, you can buy about 6-7 shares and get a return on par with the S&P. For more information about ETFs, you can check Yahoo's site at:
http://finance.yahoo.com/etf. Good luck. |
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FurY_Kid
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You can participate in Sunshine Empire's platform to grow your wealth 1000% |
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