Lux Investing

right time to invest in stocks? not much money to invest?

Not really knowing too much about it. Just curious, what should I do?

Public Comments

1. Find a Financial Advisor that can legally give you investment advise.
2. Get into the market slowly. Pick a fun you are comfortable with and invest a fixed amount every month. That way if we are at a top, you will not have put all your money in at the top. Good luck!
3. not much money?? don't bother with an adviser... Depends on what your investing in My advice.. buy a few BRK-B and check back every 2 years
4. why not invest in ya favorite things u got some cool music or ya name in a good stock why not brand u pick something jam lol what can i say i had it all now it gone had money in stocks went broke long ago that money gone trust fund no more end of my story be smart lol grab ya pocket change live it well simple a life and say have fun live laugh smile
5. A good no-load mutual fund with a low miniumum investment($100) is a good safe way to start. Do a little research on Yahoo Finance. Morningstar is the company that rates mutual funds 1-5 stars. Go for a 3 or better. Read, read, read about investing. The younger you are when you start investing /saving the happier you'll be later! Learn about what diversification means. Good Luck!
6. The right time to invest in stocks is any time especially for a young person. Find an adult who is already investing in the market and get his opinion on investing. How about your parents or a family member? Do they have advice to give you? If not can they recommend a broker who could help you?If these are not options, start with an open end mutual fund and add to it regularly. Then study a little for you will eventually buy stock.
7. If you don't know too much about it then you need to invest in what you know. Open your account with the initial $500 or $1000 you need, and pick one stock. Watch how it moves and what makes it move. You will slowly develop an idea of how things work. At this point there is no need to have a diversified portfolio. Have some fun with it.
8. Try a mock trading site like xearn.com first, so that you don't risk real money. You can even follow other people's portfolios on xearn.com.