by Anonymous on January 30th, 2008

Anonymous

Question

Help answer this question below.

I am new to the stock market... what stocks would be good to invest in right now?

  • Like
  • Report

Answers. 6 helpful answers below.

  • by Persky Bunkermeister on January 30th, 2008

    Persky Bunkermeister

    It's a personal decision, depending on how much risk you're willing to consider... some companies give out dividends, other companies don't, that's a consideration as well.

    I'd go to a mutual fund company, such as Vanguard, and learn about how mutual funds invest their money... when you find a fund you're interested in, you can look at the funds top holdings, and consider investing in the companies the fund invests in. The only other option is to start reading magazines like Wall Street Journal, The Economist, and other magazines focused on investing, and learn to read the charts, so you can make your own choices based on the data in the charts.

    E*Trade also has lots of info for new investors, and you can also set up your own portfolio there, and watch how your stocks are doing, without investing a real penny.

    • Like
    • Report

    4 comments | Post one | Permalink

  • by kyaharyn on April 28th, 2008

    kyaharyn

    I would learn something about trading in the stock market before you begin investing. Believe me, I've been there. It's easy to lose it all (I've done it before). The first thing I would put my money into is some education.

    Read Rule #1 by Phil Town (http://www.amazon.com/gp/redirect.html?ie=UTF8&location=http%3A%2F%2Fwww.amazon.com%2FRule-Strategy-Successful-Investing-Minutes%2Fdp%2F0307336840%3Fie%3DUTF8%26s%3Dbooks%26qid%3D1209443360%26sr%3D1-1&tag=thestomarrep-20&linkCode=ur2&camp=1789&creative=9325)
    and find out why to NOT use brokers or mutual funds.

    Read Trading for Living by Alexander Elder (http://www.amazon.com/gp/redirect.html?ie=UTF8&location=http%3A%2F%2Fwww.amazon.com%2FTrading-Living-Psychology-Tactics-Management%2Fdp%2F0471592242%3Fie%3DUTF8%26s%3Dbooks%26qid%3D1209444652%26sr%3D1-1&tag=thestomarrep-20&linkCode=ur2&camp=1789&creative=9325)

    Try some personal coaching (http://www.eminentwealth.com) or stock classes (http://www.thestockmarketreport.com)

    No comments. Post one | Permalink

  • by happybluecup on April 15th, 2008

    happybluecup

    mutual funds
    individual stocks are bad imho

  • by Anonymous on April 14th, 2008

    Anonymous

    If you are new to the stock market I would invest in something that is big and cushy. Not volatile. Also I would try to remove any emotion from your trading strategy by getting someone else to do it for you. I just lost 33% of my savings by speculating and investing with emotion.

    No comments. Post one | Permalink

  • by Josh on January 31st, 2008

    Josh

    bonds are good to invest in when the stock market is going down dude i am 17th but i won 5th place in the stock market game every one in the state of Maine played.
    200 people were playing

    No comments. Post one | Permalink

  • by twsk422 on January 30th, 2008

    twsk422

    Exxon Mobil makes profits in the billions..XOM is the symbol

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

You're reading I am new to the stock market... what stocks would be good to invest in right now?

Follow us on Facebook!

Related Ads