What is the stock option recommendation for a regular American worker?

Question

I want to buy a stock on NYSE as a regular employee. What is the best option for this type of stock option

Answer 1

If you are not into a lot of risk I would recommend proven, blue chip stocks like McDonalds, Coca cola, and others that have a good record and also pay dividends.

If you don't have a lot of money to invest (less than $5,000) than maybe one of the cheaper investment portfolios like PHY. (around $3 a share)

The key to any investment is research, research and more research. Make sure you understand the company and what they do or sell.

I would also recommend one of the online traders since they only charge $7 a trade. Most like Scottrade and Etrade are very reliable.

One further recommendation, Yahoo has some excellent tools in yahoo finance to help you including stock screeners and portfolio management. Before you invest, pick out a few stocks you are thinking about putting your money in and set up a free sample portfolio. You can set it up to show performance (gains and losses). Watch it for a month or 2 and see how much money you would have gained or lost. That may give you an idea of profits/risk before you invest any real money.

Answer 2

None; speculation in stock options is a risky business. A regular American worker should stay away from it.

Answer 3

32

Answer 4

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