I had three thousand to invest should I invest all in one stock? and what is the best one to look at?

Answer 1

One stock: abso-flippin'-lutely not. That is a horrible idea. Sorry. As another answerer said, you may hit a home run but you may also lose 100% of your money. Don't do it, not even on -- or especially not on -- a "hot tip."

That said, what to do? Find a good no-load mutual fund. Especially good would be one with a $500 or so minimum investment, whereby you could invest $500 six times over a few months and get some basic dollar-cost averaging (which will tend to lower the average price of the shares.)

Good luck!

Answer 2

If you don't know anything about investing, day trading may not be the correct route for you. Find an investment rep at your local bank or a firm like TD Waterhouse, etc. Right now they rates for money markets, cds, and mutal funds are really competitive. You might want to stick your money somewhere short term to earn some more interest and then look at your options.

I worked at a bank and they were slaying each other to get ahold of deposits (that's where we get all of our bonus pay from). It could work in your favor to shop around and have them compete over you. Even citi.com is offering a 5% savings account right now.

Answer 3

I would suggest http://www.Top10Traders.com for investing ideas. - this is a free site where you can see what the best traders are buying and selling. You can also create your own portfolio with $100,000 in "play" money. Then throughout the month, a return is calculated for each trader. This month's best traders are listed here:

http://www.top10traders.com/top10standin...

Particularly when you are getting started, invest in what the proven best traders are investing in. Then read Business Week or Barron's. Figure out what products you use, that you really like. Find out what companies make those products. Good luck.

Answer 4

there's a courting between possibility and reward. the better the possibility, the better the reward. If it have been me, i could evaluate right here: one million. Municipal bonds. those are responsibilities of taxing government for projects which contain new roads, college dormitories, and county hospitals. The earnings is tax exempt. The pastime value on those bonds is under the pastime value on company bonds, although the possibility of default is lots decrease. 2. Mutual money. those are assorted investments. the human beings who manage those money take the money of tens of thousand of traders, and purchase inventory in a great sort of diverse companies, bonds, or different investments in accordance to the targets of the fund. some mutual money positioned money into small and upcoming companies, some positioned money into great nicely popular companies, some positioned money into particular industries which contain prescribed drugs or transportation companies, and a few positioned money into municipal bonds. There are as many diverse ranges of possibility and investment targets are there are mutual money. i could decide on one team of mutual money which invests in exceedingly assorted and nicely popular companies, and yet another which invests in small companies that have bigger possibility and the aptitude for bigger reward. in case you're pondering making an investment for your self, then I advise a e book referred to as making an investment for Dummies, 5th version by utilising Eric Tyson. Please do no longer be indignant by utilising the call. For Dummies is a publishing company. They settlement with authors who're specialists of their container, and even have the means to talk techniques in sparkling, ordinary to comprehend prose. No single e book will make you an authority, although that is going to enable you to invite clever questions and comprehend the solutions.

Answer 5

If you are covered for the next ten years and has still money left then you invest, other wise I think you are a Gambler with such low investment to think of trying your luck at something which you don't even know what it is all about.

Answer 6

Do not invest in one stock. You may hit a home run but you are more likely to lose everything. You should diversify and put your money in a growth mutual fund.

If you are looking for slow, methodical dividends look at the high-yield bond fund RMH. If you are looking for ridiculous growth potential (3-5x your money) but also are willing to lose it all look at EGLF.

I suggest going the mutual fund route though. Diversification is the key to long term gains.

Answer 7

Invest in educating yourself and making your own decisions based on correct knowledge.

Here you get what you pay for: You pay nothing so what's the information worth?

Just a thought.

Answer 8

Apple. I've made $638.54 (and counting) from them and I invested only 3 weeks ago.