Lux Investing

What is the minimum amount of money I should invest in stocks?

Public Comments

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2. not one cent until you know with what kind of thieves you are going to play
3. I would look into a DRIP Plan. They are inexpensive to start and maintain. You can start with as little as one share or buy as many as you want. They are seldom recommended by brokers due to the low rate of commissions received. However, these reinvestment plans can be very powerful long-term investments. Studies have shown that DRIP's are one of the best strategies on Wall Street. They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan. Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases. These long-term plans are great for beginners as well as veterans. Check them out. Best of Luck
4. The amount you should invest is based on what return on the investment you are looking to recieve. Is the dollar amount that you have more valuable now or in the future to you. I would recommend that every amount of cash that is not presently needed, be invested into some profitable fund.
5. There is no minimum amount to start investing, only the amount that you are willing to risk.
6. Dear Friend, Please Try to understand meaning Of investment and its depending on ecomization and lots of factors ... An invement what the money you earn is partly spent and the rest saved for meeting future expenses. Instead of keeping the savings idle you may like to use savings in order to get return on it in the future... So Investment is Best for your Future But You what of investment you want it most Importand and many Feacture like Age,Earning,... well, You want to satifaction your full reply ... try to connect with this group and Talk with VARSHA medam who are techincal analysist http://finance.groups.yahoo.com/group/markettinfo/
7. you can start with as little as $1,000 and some good stocks obviously, but a great stock getting you at least 10% everytime is a steady $100 return, 10 trades and you have doubled your money, a year later and you will be looking at thousands and thousands of profit with a $1000 start its not bad
8. Simple answer $2000 is usually suggested. Simple reason is this. To buy and sell the shares you also get charged a broking fee. If it is $15 up to 50 each way.(to buy then to sell them later) you are losing up to $100 in fees. $100 in fees would be a big cut of shares if you only buy say $500 worth of them, wouldn't it? you are losing like 20% of your investment, and if the shares only go up 10% before you want to sell them- there was no point even getting them! The fees were more than your return. Obviously the more you invest the smaller the fees 'seem' in comparison. Generally around $2000 the fees for the original buy(and sell if you need to) will be less than 5% by comparison to that amount, which is still high, but not ridiculous. $5000 is of course better since then the fees are down to only 1% of that amount. And so it goes.Hope this helps. The kid above is on drugs by the way. if he is trading ten times with $1000 and getting 10% each time well he will be losing most of that in broking fees, exactly what I am talking about-and getting just ten successful picks is a pretty far out effort anyway...