I'm looking into buying some stock. I need some cheap stock that'll grow fast. Any advice?
2006-10-16 14:08:20 · 5 answers · asked by themoheits@sbcglobal.net 2 in Business & Finance ➔ Investing
1st learn how to invest. If I gave you a great stock today, you might still lose money if you didn't know what to do with it.
A good primer book is How to Make Money in Stocks in Good Times and Bad by William O'Neill. It's very widely available for a good price.
You might also check out thestreet.com and tune in to Mad Money with Jim Cramer on CNBC daily. He's a crazy guy, but you'll learn a decent amount from him just by watching. Don't invest in his suggestions.
Remember, first learn, then practice, then once you're good enough, then you can start with real money. Else, just email me and I'll give you my address so you can send me your money. At least I'll donate it to charity for you. :-)
Seriously, start there and then we'll talk.
Good luck!
2006-10-17 18:45:07 · answer #1 · answered by Yada Yada Yada 7 · 1⤊ 0⤋
A great site to look at if you are looking for advice on investing is http://www.top10traders.com The site lists out which investors are doing the best and what stocks they have bought. Just click on the portfolio of the best investors and you can see the stocks they like.
This is a totally free site. You can create your own portfolio of stocks with $100,000 in 'play' money, and then watch how your stocks compare against over traders.
When you feel comfortable with a stock that you have in your 'play' portfolio at http:www.top10traders.com then you can go out and buy the real thing. Good Luck!
2006-10-17 03:09:17 · answer #2 · answered by jojo 3 · 0⤊ 0⤋
Headwaters, ticker symbol HW
2006-10-16 14:21:35 · answer #3 · answered by eddygordo19 6 · 0⤊ 0⤋
read tips on investing and stocks to help you on this site
2006-10-16 14:19:44 · answer #4 · answered by lushy 3 · 0⤊ 1⤋
http://bigpicture.typepad.com/comments/2006/10/dilberts_unifie.html
2006-10-16 14:19:14 · answer #5 · answered by Anonymous · 0⤊ 0⤋