2006-10-15 15:42:18 · 5 answers · asked by Jayda 2 in Education & Reference ➔ Financial Aid
Blue chips are just stocks of big, well-established companies that are considered good, safe investments in the long run. Like General Motors, Dow Chemical, General Electric, those kinds of companies. As a beginner, you might want to consider mutual funds, which allow you to invest
in a whole bunch of stocks without going through the trouble of having to pick them all yourself. A particularly good idea is "index funds" which mirror the stock market as a whole.
2006-10-15 15:46:15 · answer #1 · answered by banjuja58 4 · 0⤊ 0⤋
Blue chips are just the most favored stocks.
To begin, invest in mutual funds and then read up on and listen to the guy on CNBC who give excellent advice on stocks and bonds.
2006-10-15 15:51:33 · answer #2 · answered by the shadow knows 3 · 0⤊ 0⤋
The term "blue chip" comes from gambling where the blue chips are worth the most. "Blue chip" stocks are those that are widely considered to be solid, long-term investments.
2006-10-15 15:46:39 · answer #3 · answered by frugernity 6 · 0⤊ 0⤋
Blue chips are stocks. they are just the highest rated ones, unlikely to lose money in.
2006-10-15 15:46:44 · answer #4 · answered by Grev 4 · 0⤊ 0⤋
Check out website below for advice on how to begin with investing.
2006-10-15 18:01:59 · answer #5 · answered by Portango 3 · 0⤊ 0⤋