What is the best way to invest a small amount of money, stocks? What companies?? Advice please?
Trying to build for the future and I want to either buy stocks or something that I can have a big turn around but it doesnt have to be quick.
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- Find a mutual fund you like! Take a look at Morningstar and check the ratings and types of funds you'd like to invest in and then start up! Small amounts of $$ in a single stock.....is a crap shoot! better to hit the pass line and go for it! Good Luck.
- well, there are many like online companies that invest it for you, i use sharebuilder, and the automatic payment and investments are just 4 bucks per investment(monthly plus wut u want to actually invest) as for company? i have like 150 invested in Microsoft and it has made me some money
- You didn't supply your age, but I would check morningstar.com. I personally like two mutual funds that are very investor friendly and have been very successful - T. Rowe Price New Era (PRNEX), a natural resources fund, and Oakmark Equity & Income Fund, a very solid and diversified balanced fund. Good luck. As far as stocks I would chose ExxonMobil.
- No question. A mutual fund company. Stocks are the best investment for the long haul. The advantage of a mutual fund is that they spread out the investment for you, so you don't put all of your eggs in one basket. I've been happy with Vanguard and Fidelity, but there are many to choose from. Those happen to be very large companies. I think the best bet is to choose an S&P 500 mutual fund. These are the top 500 companies traded on the New York Stock exchange. Shop for the lowest management fee! And never pay a 'load' which is a fee to get in or get out. There is no need for that. Maybe when you make your first 20 million dollars! Good luck. Slow and steady wins the race! Try to put a set amount into your account every month. Pay yourself first, and never touch it. Set up a 401(k) account for your retirement if you can, since the money grows tax-free. Use a regular mutual fund if you anticipate using the money for, say, a house.
- i don't really know of any stocks or companies but, if you are young like me [ 12 or younger] then i would say that you should make a lemonade stand and sell it on a busy intersection!!! If you are not young [ 13 or older] and you are a little too old for stands then try to find a job for after school once or twice a week. like go to a little shop and ask if you can get something like a side job!!!!
- Whats a "small amount" thats very objective. How old are you? that really affects how aggresive you should be. Do you have a 401K at work? If you want to be very aggresive (risk a loss) commodities and precious metals are strong right now. science and tech mutuals good moderates are bond funds and trusts. and the sure thing (low long term payouts) would be money markets, and bonds if you want a big long term investment you should seek professional advice through your bank or a investment firm, or a hedge. build a portfolio that works for what you want... and keep investing. I know its not a direct answer...but it'll pay off for you to pay and ave some pro help just to get you rolling.
- I'm not sure what you mean by small, but if you are talking under $100,000 your best bet is to consider mutual funds. When you say it doesn't have to be quick -- again what does that mean? If you are talking about less than 3-5 years, your best bet is a money market fund or CD. Right now CDs are going for around 4.25%. The stock market (or mutual funds) are not good choices unless you have several years, as down turns could last a couple of quarters. My personal breakdown of "where to invest" is as follows: under $500 ( or less than 3 years) -- find a good money market -- most credit unions or banks have them. www.bankrate.com lists current rates and banks that offer them). $500 - $5000 -- invest in a no-load mutual fund. You can go through many companies that have them. Janus is good or Merril Lynch or others. Over $5000 -- consider going through a company like Merril Lynch or Fidelity that can set up a Fund Family account. They charge a fee, but it based on the amount of your account and allows you to "buy into" the funds at the a lower rate. Above all, I'd suggest contacting a Financial Advisor. The initial consultation is usually free and they can help steer you in the right direction. IMO, buying individual stocks is not something you should so, unless you have lots of money -- throughly investigate the company -- and plan on having a diversified portfolio.
- I would put it into an index fund. It is good for a little amount, long term, and low risk.
- It depends. Do you wish to have others trade your money for you? This can be somewhat difficult to do, as generally financial professionals can demand higher fees, and higher minimum balances. But still, seek out the advice of a sound, financial professional. Read what you can, and educate yourself to all the pro's and con's. As other have said, look into talking to a financial advisor or planner. Do you want to manage your trades and investments yourself? If this is the case, the first thing you need to do is get as much stock education as you can get your hands on, but to do so from reputable sources. Although there are many scams out there, there are just as many people looking to kindly assist others in getting started. I run my own educational blog at http://investorandtrader.blogspot.com/ for ones with minimal funds looking to get started with minimal funds, but I stress education more than anything else. There are sites such as StockTradingToGo.com, and others that offer a wealth of sound information. Before investing real money in something that 'sounds good' - try to educate yourself as to the pro's and con's of every situation. A few things to keep in mind for those just starting out: 1) Stay away from penny stocks 2) Stay away from penny stocks 3) By the way, did I say stay away from penny stocks? The most advanced traders have difficulty trading these markets. Remember, as the promise of reward increases? So does your risk. 4) It _ is _ possible to start out with minimal funds, educate yourself, and build a great portfolio that is centered on building wealth. 5) Watch out for the 'doom and gloom'ers, who are just out to try to get you to buy into their "end of the world" scenario. Such people have wonderful * * sounding * * arguments. But please, please be wary.
- try qqq it is an index of the top hundred stocks on the NASDAQ.................also.spend some of the money on a book on investing......................it is your money..............protect it...........
- Pick Good Stocks, & They'll Make Money for You. This tips Might Help: Good Stock Pick for Unlimited Profits Framework http://www.stock-investment-made-easy.com/good-stock-pick.html How to Find Good Stocks That Will Survive 2008 Market Crash http://www.stock-investment-made-easy.com/how-to-find-good-stocks-that-can-survive-2008-market-crash.html How to Pick Good Stocks That Can Make You Rich in The Long Run http://ezinearticles.com/?How-to-Pick-Good-Stocks-That-Can-Make-You-Rich-in-The-Long-Run&id=864890
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