- NEW!
Help answer this question below.
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.
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)
mutual funds
individual stocks are bad imho
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.
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
Exxon Mobil makes profits in the billions..XOM is the symbol
What Is the Average Return of the Stock Market?
by Answerbag Staff on May 17th, 2010
| 1 person likes this
Can i invest a 401(c) donation in the stock market?
by Answerbag Staff on May 13th, 2010
| 1 person likes this
At this moment (11:44am pst 11/9) the Dow is down 400 points,this time due to Italy/last time it was due to Greece. Is there an endgame?
by RosieGHM Jetpacker on November 9th, 2011
| 3 people like this
Can I buy stock in Kindle?
by Answerbag Staff on May 7th, 2010
| 1 person likes this
For those of you AB members who have the money to invest in the stock market, have you moved your money elsewhere or are you hanging in?
by RosieGHM Jetpacker on August 14th, 2011
| 1 person likes this
You're reading I am new to the stock market... what stocks would be good to invest in right now?
Comments
Vanguard is a wonderful Company with some of the lowest fees. Read Bogle on Mutual Funds, written by the ex Chairman of The Vanguard Group, John C. Bogle. FYI, Bogle came up with the concept of indexes like the S&P 500, etc.
by macdjug-Paxvobiscum on January 30th, 2008
I think you mean, Bogle came up with funds that follow indexes... right? They make an investment choice, as diversification is built in. I keep 1/2 my savings in index funds -- they carry me through the bad weather, when individual stocks might be tanking.
by Persky Bunkermeister on January 30th, 2008
Yes..lol... first investment firm with INDEX FUNDS!!! I'm with Vanguard also and have done well in different index funds.
by macdjug-Paxvobiscum on January 30th, 2008
absolutely -- a Vanguard index fund is an excellent choice for a first time investor -- and for somebody that's been investing for 20 years.
by Persky Bunkermeister on January 30th, 2008