I am not interested in day to day trading. What are good companies to invest it in if you are a poor man like me but would like to invest something.
How can I read the investment portfolio?
Someone help so I can save a buck or two..
manfreeme
2006-11-21 01:15:24 · 8 answers · asked by manfreeme 1 in Business & Finance ➔ Investing
Mutual funds let you start with low amounts. If not knowledgeable an index mutual fund is best + is cheapest in internal cost. Schwab.com or 1 of the others makes opening an account easy. If no IRA - open 1 1st. I would chose a global index fund right now
. SWINX if going with schwab
2006-11-21 01:22:47 · answer #1 · answered by vegas_iwish 5 · 0⤊ 0⤋
I would consider the "spyders" which is similar to a mutual fund and it only holds the 500 good companies that make up the S & P 500. It's stock market symbol is SPY. You could open an account with Sharebuilder and make monthly investments of small amounts each month (eg $200 to $500...or more (if you want to)...for a cost of only $4.00 per investment. Sharebuilder will also let you reinvest all of the dividends at no additional cost back into more shares of SPY. In my opinion, this holding should be a core holding of almost any US investor's portfolio. Good luck with your investing. It's a wonderful way to go.
2006-11-21 05:13:51 · answer #2 · answered by dltcpa 2 · 0⤊ 0⤋
you could desire to be varied which ability very own extra effective than one inventory. Take the case of AT&T some years in the past. It did nicely for years, then without warning, it went from 60 to twenty in under a week. on the time, quite a few human beings might have replied that AT&T became the only to possess ... with good reason. For $5,000 USD, i might propose mutual money. A mutual fund is extremely varied possessing many shares and a few bonds. they many times do nicely in good circumstances and undesirable whilst given sufficient time. many times, once you make investments for the long term, this is concept to be 5 (5) years or longer. See the link under.
2016-10-17 08:05:26 · answer #3 · answered by Anonymous · 0⤊ 0⤋
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2006-11-22 21:26:18 · answer #4 · answered by David S 2 · 0⤊ 0⤋
Yes you can invest in long-term stocks, that's what I like to invest into myself. Also you can have a diverse portfoilo if you want. I think that's the best thing do.
2006-11-21 01:25:33 · answer #5 · answered by catworkbefoul 3 · 0⤊ 0⤋
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2006-11-21 13:13:03 · answer #6 · answered by Anonymous · 0⤊ 0⤋
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2006-11-21 01:19:45 · answer #7 · answered by Anonymous · 0⤊ 0⤋
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2006-11-22 03:44:13 · answer #8 · answered by dinu_pawar 5 · 0⤊ 0⤋