2006-09-13 08:28:52 · 5 answers · asked by magnimpi2002 2 in Business & Finance ➔ Investing
It's hard to say without knowing what stock you have. Is $50 high compared to when you bought them, or low? If it's high, you could sell off some of the stock and invest the money in something else, or spend it, but be aware you would have to pay taxes on the profit. If they pay a dividend, you could reinvest the dividends, which would buy you more of that same stock. You can research the company on any of a number of financial websites, such as Yahoo! Finance.
Here's a Motley Fool site that explains the basics of investing: http://www.fool.com/school/basics/basics.htm?source=InvAg
2006-09-13 08:36:24 · answer #1 · answered by jersey girl 3 · 0⤊ 0⤋
Depends on what kind of stocks they are. Some of the best stocks are the ones you buy and forget about. Even with all the ups and downs of the market in the long run the probability of your stocks being worth more or paying higher dividends is close to 100% If you want to trade them, you need a median (scott trade, meryl lynch, etc.) The best thing to do is start doing some research. Get "Understanding stocks for dummies" after you finish reading it go on-line and use all the free web pages out there that let you analyze stocks
2006-09-13 15:37:34 · answer #2 · answered by flyingrizzly 3 · 0⤊ 0⤋
To earn interest? Dividends? I'm not sure exactly what you're asking, but I'll try to answer.
Here are your options.
1) Keep the stock. Look on finance.yahoo.com or finance.google.com to see how the stock is doing.
If you have access to investors.com, or if you tell me the stock, I can give an idea of how it's doing. You can also look at sites like americanbull.com for some commentary.
2) You can sell the stock, and put the proceeds into something else.
Hope that helps!
2006-09-13 15:36:12 · answer #3 · answered by Yada Yada Yada 7 · 0⤊ 0⤋
It seems you have shares in one company only. If you have lots of money, I would recommend that you diversify (that is you buy index fund for instance) but since you have only 13 shares, you take a chance with your existing investment! If you don't know what this company is and what its prospect, I would go for the index fund
2006-09-13 15:43:08 · answer #4 · answered by Walid 2 · 0⤊ 0⤋
www.fool.com
or yahoo finance
or cnn money
msn has something on their home page to.
I'm trying to learn also. I have learned alot on these sites.
2006-09-13 15:37:00 · answer #5 · answered by lee 3 · 0⤊ 0⤋