benj
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Open an account at TDAmeritrade. They have a thing called market motion detector. It will help you find stocks that are moving up very fast, and you can buy $300 of that stock and sell it when it peaks. |
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darklydrawl
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$300 is not really enough to invest anywhere. You should probably put it into a bank account a keep saving until you get about $1000. Then you would probably look at mutual funds or similar.
If you are interested in share market investing you could try that, be aware that $1000 is really not much cash to be investing with.
Good luck and keep saving. |
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pokerfaces55
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300 $ a bank savings account until you get at least a grand then go to a mutual funds .. or treasury note |
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Gemelli2
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pay off any debts first
put aside half of the remainer for emergencies
put the rest into a CD or MM so that you can have ready access to it
or
casino, bet red |
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$so fresh so clean$
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$300 won't be enough for a mutual fund. You may want to open up a high yield savings account for no with HSBC or ING Direct. |
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Cekker Kwann
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The question is not how much of an initial "Lump" sum you have to plop down.... This is a dead give-a-way sign of A nervous investor, A get-rich-quick investor, or someone who wants to believe they are really in the game.
If you want to be a successful investor, you can not afford to be any of the above! If you are young and have time on your side, you can start with as little as $50.00 a month. Notice the formula here is not how much, but how long!! INVESTING IS FOR THE LONG HAUL.....BUY AND HOLD!!! A set amount invested over said long haul will always trump a lump sum.... If you can afford to invest $300.00 a month, then all the better. But start small and stay in the game for the long haul = 20/30 years!!! |
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GG
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insurance-aflac |
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Pitty T
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Invest in ETF: ETFs are cheaper than mutual funds. ETFs have very low annual expenses, nearly 20 basis points or 0.2% less. As against this, actively managed mutual funds show average expenses exceeding 135 basis points (1.35%). This does not include the extra 2% - 5% as loads, 12(b)-1 marketing fees, transactions costs, and soft dollar expenses mutual funds, passed on to you but never informed, except in very fine print that nobody cares to read.
http://debts-to-wealth.com/category/Why-Invest-in-Exchange-Traded-Funds.html |
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Joe C
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If that's all you have, unfortunately you shouldn't invest it in anything. If it's extra you may find a certificate of deposit at a bank that you could put it in but most of the time they have a larger minimum deposit around 1k. You should wait till you have a little more saved up so that you get more interest from it. |
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Frank Castle
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Open a brokerage account at Zecco and invest in a ETF. |
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