I know a company that has been around for a while now. and everyday they are selling items. I would like to jump on the bandwagon and buy some stocks into them. some items costs 3000 dollars. and their being sold liek hotcakes. how/where can i go/do to buy stocks into them?
2006-06-18 19:56:37 · 4 answers · asked by Mysteriousoso 2 in Business & Finance ➔ Investing
it depends on which market they're on. they might not even be a publically traded company. do a search on them on yahoo and if they're on one of the major markets, their stock exchange abbreviation will come up along with the exchange they're traded on. if it's a major u.s. company you can get their stock on e-trade or something like it.
2006-06-18 20:01:09 · answer #1 · answered by jibba.jabba 5 · 1⤊ 0⤋
The best idea would to sit down with a broker and discuss the investment with them. It is also important to note that the company might be selling items at $3000 and they are selling like hotcakes, what is thier markup? If they have a little mark-up (like 2%), it could be better to invest in a company that sells cheaper items, with a higher mark-up and greater volume then the company in question.
I'm glad you are looking at numbers and sales, but please keep in mind there is a lot of different information that goes into a stock price and their performance in the future.
2006-06-18 22:51:15 · answer #2 · answered by largebones2004 2 · 0⤊ 0⤋
Unless you afford to lose every penny, of your investment, stay clear of buying stocks. You might as well buy lottery tickets, or bet on a horse race, they are all gambling, with your money, and they all have long odds.
2006-06-18 20:03:58 · answer #3 · answered by Kipper 7 · 0⤊ 0⤋
invest through a brokerage, maybe??
2006-06-18 20:00:53 · answer #4 · answered by savedbymercy 3 · 0⤊ 0⤋