 Anyone know an easy way to turn $5000 into $10000? |
| I have $5000 I would like to invest in hopes to make $10000. any good ideas?... |
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 What can i do to get involved with the stock market so i can invest later?? |
i know a little bit about stocks and i want to invest some money..
i dont plan to be a profesional broker or to earn a huuuuuge amount of money, but i do want to know what im doing
i know i ... |
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 I am 21 years old and I am wanting to invest about 5,000 dollars, what would you suggest i do? Cds? |
| I am not to familiar with any stock markets, only cds really. what would be the best plan for me.... |
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 How to save money for my retirement. My income now is just enough to pay all of my obligations? |
I am a businessman. I have plenty of payables and obligations to pay.
How will i save money for my retirement where i have a tight budget for all my payables.Please teach me how to save money ... |
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 A 2007 lexus or a home? |
| i have inherited a boat load of money, and i really want to use it wisely, so should i invest my money into a 2007 lexus, in which as soon as i drive off the showroom floor, its value depreciates, or ... |
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 How to invest? |
hubby wants to put it in cd's, but i have no idea what they are. we want a short term investment, such as 24 months.
what are our options. any ideas?
please, only people ... |
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 How can I make 500,000 In 2009.??!!!? |
| Im 20years old and very business oriented.... |
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 My stimulus check will only be $300. Where should I put it? |
| Although $300 isn't much in the stock market, but since the economy is down, some stocks are pretty cheap. I'm thinking of opening an account with Sharebuilder since there is no minimum ... |
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 Should i save money if im planning on going to....?? |
| Im a junior in highschool and im planning on moving to california were i will attend college there.. i have no relatives there so im gonna need a place to stay and a job.. adjusting there i know will ... |
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 What's an option? |
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Ana2006 | I want to invest $1000.00 in stocks but have no investing experience. What is the best way to learn my options |
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muncie birder
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As the first two responders mentioned, mutual funds are your best option. Also index funds. But if you do not think they are sexy enough for you, sort of just plain Jane investments, you will need to do a great deal of research to find suitable stocks.
Maybe you should start with "Investing for Dummies", a very good beginning book on investing, about $12. There are quite a few excellent internet stock brokers where you can begin. Scottrade is among the least expensive.
But do some research before you begin. Check out Yahoo mutual fund search tool. Visit the mutual fund internet sites. Visit Fool.com. There are a lot of ideas there under the CAPS link.
Personally, I am a big fan of Royce Funds. But their open end funds have a minimum investment of $2000. Out of your price range. They do have several excellent closed end funds that you could purchase. Closed end funds sell like stocks. You buy them through a stock broker such as Scottrade. RVT has a long record, over 20 years, of double digit returns, almost 13% since it started. Another FUND has also a suitably long track record of over 10 years and also double digit returns, better than 14% since inception. The 3rd is RMT. It has a track record almost identical to FUND, but has a different investment strategy.
http://www.roycefunds.com/funds/fundInfo.asp?FundCode=RMT |
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Bryz
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ry SCOTTRADE .... Only $7.00 a trade..... Can talk to a real person if you have a question..... can set up a IRA also....
Can't go wrong simple to do....
Find a good Dividend stock .....
Look at ACAS 3.52 annual return
Good Luck |
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Faye H
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$1000 is a great start but probably not enough to buy you too many shares of any stock.
I would strongly suggest that you put that money into an interest bearing account at your bank and then start learning about the stock market, mutual funds, etc. There are lots of websites that can start you on your way. Be careful though. There are also a lot of them that will try to convince you they can help you earn 1000% returns. If it sounds too good to be true, it probably is.
Take a look around Yahoo Finance. Start learning about what to look for in stocks. Learn how to read a financial statement so you can tell whether the stock you are purchasing is doing well or is about to go belly up. You can make a lot of money in the stock market. You can also lose your shirt. The key is education so that's where I'd start. |
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bayphoto3001
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Start with no risk options, you don´t have to start with stocks right away.
Study what the mutual funds representatives from several companies offer you, specially commissions.
After that set one half in each of the companies that convinced you the most... |
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kayak
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I suggest you invest in Mutual Funds. See Fidelity.com - largest U.S. mutual fund company. |
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jerry
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Some of the discount brokers (TD and Scottrade) now offer you no minimum balance accounts. However, for any broker, you have to pay for each transaction you make, so you need to get the most bang for your buck.
There are a lot of good websites (fool.com, yahoo finance, msn) that give you the basics of investing. There are lots of good books too.
I would suggest one of two things 1 - go with a Mutual Fund. You put in your money, its pooled with lots of other people and then an investor (the manager) trades as he wishes. Each fund will tell you how the manager plans on investing (high risk, low risk, high earnings, etc). You pick one that most suits what you want. Just beware their fees, which you can read about.
2- Invest in ETFs/Index Funds. They are similiar to Mutual Funds in that they are a basket of stocks. But instead of being lots of different stocks, ETFs follow a particular sector (finance stocks or energy stocks, etc). and Index Funds are a variety of a particular type of of stock (Blue Chip or Forbes500 or NASDAQ). |
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fatsausage
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Open a Schwab One account for starters. Then chat with a Representative. |
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The Economic truth
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Exchange traded Funds that track the S&P 500 would be your best route. You will pay the lowest fees and you will be diversified. I don't reccomend investing in a single stock as this is much greater risk. Over time it has been proven that the increase in the S&P 500 is higher than most all-star stock pickers. |
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bldskd9
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study and use play money to practice. or go with a low or no-cost index fund that mirrors the the markets. like the S&P500 or the Russell 2000. |
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Captain Jack
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Get Money Magazine or Kiplinger's Financial Report and read about mutual funds.
Investing in stocks right away with no experience can be a little risky. |
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why will i gonna tell u
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invest in intel .... trust me on this one . you will not gonna regred it |
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Prince
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Dear friend,
I don't now what is the occupation of your's but even if you have asked to invest money in the stock market, i would firstly speak about this market. Do you now this market? If you know then it is easy to explain but if you don't now about this market then it is difficult to explain, as this market dosen;t have any base nor any fundamental rules on which it runs. This is the only business which have highest risk of loss.In this market no body can think or even imagine what wil happen tomorrow.In my opiniun one should invest his money in safe deposits not in the risky market. If your luck favours then i will suggest to invest in this market. If you are determined to invest in stock market then my suggestion will be watch the market for one weak on a particular stock then look the status of the company whether the company is in profit or making loss, lasly look the trend of the market which way it moves, if market is up then investment will be at low risk but if the market is moving down then it is at the highest risk. Now i think you have understand this market. Best of luck for the investment and have good return. |
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