Please Help Me Buy Stocks!!!!!!!!!!!!?

Question

please let me know 5 good stocks to buy.. i have 10000 dollars to spend.. please help me spend it wisely.. which 5 stocks should i gamble with?

Answer 1

It's interesting that you refer to this as spending and gambling, rather than investing. Two highly important factors are your tolerance for risk, and your time horizon. You didn't give us information on either of those points, so it's not possible to give really sound advice. Why are you focused on stocks, rather than on mutual funds?

Go buy a copy of Money magazine and see what you learn. Many companies have DRIPs, which is dividend reinvestment plans, and let you buy shares for no fees, or very low fees. That can save you a lot in commissions.

Look for companies that are leaders in their industries, meaning they are the #1 or #2 player in that segment. And that have a history of earnings (profit) growth.

Answer 2

I think if you are getting started investing, the first thing you should do is look at what the best traders are buying and selling. This is the idea behind the site http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Some stocks I like are Nabors Drilling (symbol NBR), and Chesapeake Energy (CHK) a natural gas company. I also like a smaller energy technology company called Bolt Technology (BTJ).

Good luck !

Answer 3

P &G (Procter and Gamble) itself or any of it's spinoffs like Smucker's, Pantene, Tide you know... anything that has to do with P & G will always make money.
Starbucks Coffee, any oil company, any foreign car company ( I hate to say this since I work at Ford), Chiquita is probably pretty cheap now because of that Spinach thing, but they always bounce back also. Get it while it's cheap.
Good Luck

Answer 4

Any time is a sturdy time to purchase shares. It basically relies upon on which business employer s you placed money into. via making an investment in enormous companies whose inventory costs regularly stay on the comparable relative cost are much less possibly to generate you any money. making an investment in small companies, supplies the business employer the possibility to improve and carry their inventory costs, having you being waiting to sell the shares at greater then you certainly had until eventually now offered, regrettably, this additionally generates threat, if the business employer fails and forecloses, you never obtain your cash back, and your shares are almost valueless.

Answer 5

The Stock Market is not a game.

Answer 6

try paper trading first, before investing real cash. Never take advice blindly from MSg boards like these. Always do your DD and from the looks of it you need a lot. happy studies.