Give me details
Make it easy
Maybe like a hundred bucks
Whats the interest
When can I cash out
Or how much will I get on the regular if I can
2006-09-21 10:36:13 · 3 answers · asked by ozey12001 1 in Business & Finance ➔ Investing
"Best" and "cheapest" is an oxymoron.
Company to invest "under?" Do you mean "invest in?" Are you wanting to buy stock with a hundred dollars?
Hmm, let's see, you could buy one share of IBM for about $90. No, can't do that, because your commission will be fifteen or twenty dollars on such a small trade, and you don't have enough to buy even one share. But if you could, you would start out at a 20% loss. You might make that up in about two years.
Then you might have startup fees for your brokerage account, plus I pay $250/mo for my data feed and Trading Platform.
Was that easy? Nothing to do.
2006-09-21 12:35:56 · answer #1 · answered by dredude52 6 · 0⤊ 0⤋
With $100? Stick to a savings account such as ING Direct. When you have a couple of thousand, look at investing.
Interest is currently 4.4% APY.
You can cash out any time you wish.
2006-09-21 17:43:49 · answer #2 · answered by DefenseEngineer 4 · 1⤊ 0⤋
Best does not come cheap.
$100.00 in a year?
Some stocks don't offer dividends.
You can sell a second later.
2006-09-22 18:46:00 · answer #3 · answered by Anonymous · 0⤊ 1⤋