2006-09-23 15:44:37 · 7 answers · asked by Computersister W 1 in Business & Finance ➔ Investing
Please, nothing is the best stock, it is only the right stock at the right price. Meaning you need to handle your investment properly or monitor consantly
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com section university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 74,000.00 and 30000.00 in taxble account. by follow simple rule
2006-09-23 18:21:13 · answer #1 · answered by Hoa N 6 · 0⤊ 0⤋
There is an old saying. Don't put all your eggs in one basket. That is especially true when it comes to investing for retirement. Diversification will reduce your risk and give you some prospect of getting to retirement with something to retire on.
If you do not have the assets to acquire diversification by investing in individual stocks, then don't. Use an index funds or mutual funds instead. And not just one. Select about 5 different funds with different investment objectives such as small cap, large cap, value, overseas, and devoloping country, for example.
That way you are well diversified and have a decent chance of winding up at age 65 with something in your account.
2006-09-24 10:09:06 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Investing in a stock would not be very wise, but investing in multiple stocks like a mutual fund can offer you would be your best bet for retirement because you'll eventually have better returns in the long run than you would investing in one stock.
2006-09-24 00:25:03 · answer #3 · answered by Anonymous · 0⤊ 0⤋
There is no 'best stock' OR asset class (real estate) that is the magic bullet for everyone. Talk to a financial planner if you are serious about your retirement, and determine FIRST what asset classes are right for you, then within the equities portion of that plan, either decide for yourself or seek advice on which stocks are right.
2006-09-23 22:55:28 · answer #4 · answered by morlock825 4 · 0⤊ 0⤋
i like strong companies that give dividends and has a record of increasing it every year. hold these stocks for the long term and reinvest the dividend. some stocks:
pepsi
coke a cola
procter and gamble
pfizer
u do some research.
2006-09-24 03:15:41 · answer #5 · answered by hgary06 3 · 0⤊ 0⤋
no one stock in particular. You better use a good planner to secure your future. Check out www.quarantz.com. They offer free personal financial plans and more.
2006-09-24 03:00:10 · answer #6 · answered by Patrick L 3 · 0⤊ 0⤋
None! Invest in Real Estate.
2006-09-23 22:46:04 · answer #7 · answered by Anonymous · 0⤊ 1⤋
Survey says......mutual funds, cd, and bonds are safer than stocks!
2006-09-24 21:16:31 · answer #8 · answered by lamar36116 2 · 0⤊ 0⤋
infosys
2006-09-23 23:09:32 · answer #9 · answered by tus999 2 · 0⤊ 1⤋