investing money
2006-10-10 23:27:22 · 5 answers · asked by Apacha I 1 in Business & Finance ➔ Investing
Picking one company to "invest" in is more like gambling. Asking for specific advice from strangers is even worse. Read a couple of books on investing and retirement investing.
2006-10-11 01:17:25 · answer #1 · answered by Common Sense 7 · 0⤊ 0⤋
If you believe in the "perfect market", then all companies are equal - the value of each reflects the likely future return on an investment in it. Companies in expanding sectors tend to be priced higher becase they are expected to grow.
To pick a winner, you need to identify a company whose value YOU BELIEVE will go up faster than the market as a whole. The best way to judge that is by having a positive experience of dealing with the company yourself.
But personally, I would buy a fund instead, because the fund manager probably knows more about these companies than you do, and will spread your investment over a number of companies. But buy through a "fund supermarket" or you'll pay the exorbitant (5% or so) upfront charge.
2006-10-10 23:55:34 · answer #2 · answered by gvih2g2 5 · 0⤊ 0⤋
just about everyone has made a good point to this question.
Bottomline, it wouldn't be smart to invest in only one company, much less on the recommendation of "yahoo!answers."
2006-10-11 09:03:20 · answer #3 · answered by henry9tx8 2 · 0⤊ 0⤋
What are your goals? How old? How much to invest? Can't answer without all this + a bit more.
2006-10-11 02:04:01 · answer #4 · answered by vegas_iwish 5 · 0⤊ 0⤋
Plastics!
2006-10-11 02:11:25 · answer #5 · answered by etilyad 2 · 0⤊ 1⤋