Best meaning that you are not paying a lot to the broker like a discount brokerage place. Also places that have the smallest minimums. Also are there any stocks that look outstanding to you for quick ...
In my 401K plan i AM ONLY TO CONTRIBUTE 6% of my salary since I am considered a highly compensated employee. I need a place to place money that will be protected from taxes or the next best thing....
I know practically nothing about the stock market but would like to learn about it. Can anyone recommend good sites? Is their a site where I can invest "play" money?...
I'd probably say try blackjack at a casino. But since you asked, buy 45 shares ALD.
JohnGalt
Invest it in books, so that you can be smarter.
A couple to start with:
The RIchest Man in Babylon
Atlas Shrugged
The Millionaire Next Door
LadyEvidence
Investing in gold or silver will make you the most profit. Gold is going up about 26% a year right now, when normal stocks are going down, and even high-yield savings accounts are lucky to be giving you a 4 or 5% interest rate a year.
GoldMoney.com is really the best way to do that.
Oh, and the income you make on investing in gold is still non-taxable, unlike in stocks or savings accounts.
cme
I'd probably say try to buy 39 shars of FORD MOTOR CO (F) at today price of 2.56 per share and keep it for few years!
good luck
shysteepinoy01
I have to agree with LadyEvidence. Gold is probably the safest route to go right now! Its out performed almost every asset class and has out performed the Dow Jones!!!
But $100 is not much money and won't get you any gold, unless you use goldmoney.com. You might want to look at "SILVER" instead. Its around $10 per ounce and is heavily undervalued when compared to gold. You could buy more ounces of it and it is more affordable for you.
Warning: Silver does have a much bigger upside than gold, however, silver tends to fluctuate more than gold. Gold is a lot more stable and does not move up and down as much.
Philip T
go to a casino walk over to the roulette table and put in on black
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