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Steve J. | i recently came into a little money and i was told to buy stock. what should i buy? |
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Brian
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First off I would think of bp they have 200 billion in equity and may loose about 5 billion over the current crisis right now there stock is half of there 52 week high
but I would recomend devising your assets in 20 portions and investing in 20 stocks that ate currently close to a 52 week low and arnt expected to go out of business. This is a long term strategy. |
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Tyler
 |
First off, im only 12, but i might be able to help you :DDD.
I believe that now is the incorrect time to purchase stocks. Honestly, I think you should either save your money or invest that money into a real estate property and maybe get a loan from the bank for the rest of the money you cant pay. My dad has been doing real estate and he has been pretty successful... |
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Edg1
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Forget it. Now is NOt the time to buy anything - even Gold. Just put it in the bank and leave it alone till Obama is out of the White house and even for a while after. |
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Jack Anderson
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the share that has the good market value but at present it is not too high and in the lowest price then you buy this share because the market will grow |
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Welhung
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Holy God if you do anything DON'T just leave it in the bank! Leaving your money in the bank is the absolute worst thing a person could do. With the depression we're living in now there is the very real possibility that banks could go belly up and go insolvent. The FDIC is completely bankrupt. |
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www.stock4gains.co.in
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for investment purpose for a horizon of an year or so you can buy jpasso, punjlloyd, icsa, boi, relcap, aban and there are some more stocks with good fundamentals and technicals
for more updates you can also visit www.stock4gains.co.in |
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Caveat Emptor
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If you were told to jump off a bridge,would you? First decide if buying any stock is appropriate for your circumstances. |
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A nobody
|
Without having more information about your personal information, such as age, current income and other data such as risk tolerance, martial status, and demographics it would be very inappropriate for me or any other responsible person to provide specific investment information in this type of media.
Also it would not be appropriate for any other professional to provide any specific investing advice based on the information provided.
And it would not be prudent for you to accept any investment advice from unknown individuals here at YA or a similar media.
There are many people just like you that are, or were looking to invest and those that did bought Mutual Funds and/or Exchange Traded Funds (ETFs). One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience. Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges.
Mutual Fund companies as well as ETFs have an entire array of products many will fit your needs. You can go to the MSN.Money website
http://moneycentral.msn.com/home.asp it has an entire section on mutual funds and Exchange Traded Funds. Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing.
You could also contact the funds companies for more information. I have found that Vanguard & Fidelity can meet your needs for mutual funds. The service and information they provide is all free and you will find it helpful.
Regardless of what you decide, do not ever let anyone tell you not to invest, especially those that do not invest themselves.
Good luck on your journey |
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jebediabartlett
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.." buy stock "..?? What you should have been told is " Invest some "..... That means start slow...get an account opened ( Fidelity, Vanguard, E*trade, Scottrade, Schwab ...all can help you on- line )
Start by investing in a few mutual funds ( or ETF's ) that will cover the markets in a diverse manner...a little in big American companies, some touch of " energy " and foreign and emerging markets.... Then you watch your investments for six months or so --- all the while reading and educating yourself on the stock market...what's hot, what's not, trends, strategies, .....maybe make up a watchlist ...or practice portfolio....... see how your trades would do......
Then...sell off your worst performing fund...and start in yourself..... a few shares of a couple of stocks..... how you handle things from there depends on your own personality.... every situation and person is different.........Some people " buy more" with their profits...some people spread out...some people get out of losers, some people " double down ".....WHATEVER you do....take it slow..... |
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