 Stock trading online question.? |
| Hi I am looking to start trading online. I went to scottrade because I heard they were good for new investors. But my account was denied due to the equifax report. I'm assuming its to do with my ... |
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 Which one is the best stock recommendation sites among these:? |
1) www.5paisa.com
2) www.10paisa.com
3) www.7stocks.com
4)www.equitymaster.com
or do you know any better website?? please suggest their names.T... |
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 I have $20,000 to invest in stocks....so which ones should I put my money in?? |
| I think I would like to divide my money between VISA stock (which will be out soon), Alibaba.com, and several others. Which ones do you recommend will do very well, and how should I divide my stock ... |
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 Time to stop investing in 401K? |
| I am 28 and have been investing in 401K's since my first job at the age of 21. I have lost money every year. Good economy. Bad econony,. I have done money market, done managed risk, changed ... |
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 Is this a good time to invest? |
This might sound like a really stupid question on the surface (and maybe it is), with the economy struggling, gas at an all time high, foreclosers everywhere, etc....
I have a fairly large ... |
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 What is a good stock to buy for this year ? |
| Please give solid reasons why this would be a good investment.... |
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 Want to open DMAT account wid investment horizons of 3-5 yrs. wont be a frequent trader.sugest servce provider |
| I will purchase some blue chip shares and keep them for the next 5 years and will not be a frequent trader. will only invest in some select stocks with a long term horizon. Which service provider ... |
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 Should i pull my money out of the stock market? |
| I have 4,500 $ invested evenly between Microsoft(MSFT), Intuitive Surgical(ISRG), Sun Microsystems(JAVA), and Sadia(SGA) stock. I just started the stock market and opened an account on 4 days ago(... |
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italiandudeinchicago | What's the best investing strategy for someone with under $1000? |
I recently started buying stocks. After like 2 months I made one dollar...lol. I was wondering what the best strategy is for someone with like under $1000 in an account? I should mentioned trades cost me $7 b/c I know that plays a factor in deciding how to do stuff. Also, I would prefer strategies where I'm trading pretty frequently rather than just buying something and holding onto it for a year. Any help would be appreciated. |
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Gary E
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You best investing strategy would be to find a NO LOAD mutual fund that invests in the kind of stocks that fit your style will accept the amount you have to invest as an initial payment, and will accept an amount you can afford monthly. Then make the initial investment and continue with automatic monthly investments. Try to increase your monthly investments as often as you can being absolutely certain to make an increase from every pay raise and an extra investment from any bonus.
When the value of your account approaches one fourth to one third of you annual income. Pick a second fund with a somewhat different investment style and switch your investing to that fund. |
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financialpeas
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The best strategy for that small amount is to put it in a mutual fund. You should be entirely debt free before putting money into trading. No credit cards, no car pmt, 4-6 months expenses in savings. Save up $5000 specifically for trading if you want to "play' with money, watch Jim Cramer on CNBC, and read his books. Otherwise, stick to mutual funds. |
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samoan3d
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The stock market is not very profitable right now, especially with the limited funds you have to invest. As you have already found out, commissions will quickly eat away at any profit you are making. As you build more money to invest, these commissions will be less of a factor. For now, I think it might be a better idea to put your money somewhere else. Have you thought about social lending? This is where you lend money out to other people and get paid interest on that money. I have listed a reference article to give you more details on how it works. I have a couple grand invested in it now and it is great. I am getting around 14% return (although you can get up to 18% return if you take greater risks, but I wouldn't advise that). Because it is a fairly new concept, the site referenced in the article will give you $50 for signing up and depositing your first $1k. So, that is a 5% return before you even risk the money. Read the article and see if it is for you. If you have other questions you would like to ask someone who is using the site, you can email me at samoan3d[at]yahoo.com. Good Luck |
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jordanthegreatest
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Try http://www.goldenbullstocks I think they have what you want |
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alfobaplus
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You did not define your objective nor your background. However, I can deduce that you intend to trade in stocks. Good, then I would suggest you buy low priced stocks with high potential for growth and trade them often to maximize your gains. Best wishes.
Babs. |
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Shaun R
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You should learn to trade. This site will teach you how to trade short term. |
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Formerly known as Frank Castle
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ETFs. |
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biggenbill36
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Honestly, frequently trading on a $1000 bankroll is not the best of ideas. The year is crucial from a capital gains perspective. Bottom line is your risk tolerance. Sounds like you are treating this as a hobby account. If so go for the gusto, pick a penny type stock, under a buck, and take the proverbial dart throw at the board. Lousy advice but so is trading frequently and taking short term capital gains hits on a $1000 portfolio. Try a free online site with play money to hone your skills, sock away the Grand in a CD and save until you can make a serious foray into the market. Otherwise pick a strong stock or fund and commit to holding it for a year or more. Good luck. |
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Sally Tomato
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Frequent trading results in lower returns since you have to pay trading costs and taxes. Since you have under $1,000, I would just buy one stock. Buy an index fund or an ETF so you are diversified. If you're not willing to buy and hold, then you're gonna lose money. Read some books on investing. |
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