I am very young (15), and I want to get a head start in investing. I'm not looking to put too much money into investing, but I would like to know which stocks you think have the best future.
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the number is growing all over the world , but the designers are still dreaming of that unique body that can fits their ideas
I mean it's a good buisness .. many people will be glad to buy ,...
I am recieving 15000 and do not know what to do with it. my credit is real bad and am thinking about bankruptcy for a 25000 debt. i want to flip this money with a quick return. what would you do?...
I am in contract to sell my old home in Feb-08. After closing costs, my net gain figures to be approx. $100,000. I will be moving into a new home around July-08 - as such, my previous net gain will ...
I'm 16 years old and I have about $2k in my bank account. I'm trying a book experiment which is going to cost me about $500. I was interested in getting into stocks or a mutual fund but ...
I have been watching, researching and reading up on Citigroup for quite a while now. Some say it is going to continue dropping because they still have write downs they haven't performed in 2008. ...
I'm not too keen on stocks, gambling, or any such potentially sketchy investments. Am just locking it up in a savings account with not enough interest right now. Maybe getting a mortgage on a ...
I have $10,000 that I am looking to invest, but not for the substantially long term. I will not need to worry about retirement so anything that plans for that isn't what I am looking for. CD'...
how do normal people.. say, most middle-aged, college-educated (but not business or economics majors) men and women, know enough about the stock market to entrust it with lumps of their money (even if they're middle class and they don't have much money) with undetermined results? the stock market seems incredibly complex to me.. how do peoople with no education in economics know enough to make some profit of their money?
do you hire investors?
are most investors not middle-class and maybe be in the know about upcoming, lucrative investments?
their parents taught them?
make guesses? say, toys 'r' us before christmas season? (excuse my ignorance)
could you really learn what you need to know from a book that plenty of other people will read?
it seems like you know something i don't know.
As an individual you can pick stocks yourself or entrust it to a 3rd party. 3rd party stock picking is a huge industry called Asset or Wealth Management. You can look at comparable performance measures for funds run by well known names such as Fidelity etc and pick the one which suits you most. Over the long term stock markets rise - so if all elsefails just pick a fund with a low fee which tracks the stock market in general (ie follows the S&P500 or FTSE100 for example).
There is no "secret" to investing - the main complication you face is perhaps not having basic accounting knowledge - which gives you the ability to look at a company and know how relatively profitable / sustainable it is.
Most people have the basic knowledge / logic to pick stocks, but just don't realise it - you should try a synthetic portfolio (i.e. its more of a game) - where you pick stocks but don't put any money down. Over a couple of months you may find your intuition pays off - and it will give you the confidence to invest for real.
I would also add that securities laws and regulations are very tough now - trading on inside information is a crime. If you trade with "secret" information - you may well end up in Jail.