2006-12-05 01:27:22 · 4 answers · asked by gurlNextDoOr 3 in Business & Finance ➔ Investing
Suppose you were to find a cheap way to invest in the biggest 100 companies on the New York Stock Exchange by making one investment? Ishares has an Exchange Traded Fund (commonly called an ETF), with a symbol NY. It holds the top 100 traded companies, by market value. This way, you put your money on those that have made a lot a lot of times. Sound fair? It is currently selling for about $74 a share and has an expense ratio of about 0.02 percent (find that in your mutual funds).
2006-12-05 02:59:05 · answer #1 · answered by Rabbit 7 · 0⤊ 0⤋
If you're a novice investor, you should put your money in an S&P 500 index fund. You'll get the same investment performance as the general market without having to worry about picking individual stocks or mutual funds. S&P 500 index funds outperform the majority of mutual funds.
2006-12-05 09:36:33 · answer #2 · answered by Mike S 2 · 0⤊ 0⤋
British Airways or Gaz de France Stock....Both have low P/E ratios and are selling at a discount right now...I mean current assets + property - current debt is lower than market cap
2006-12-05 09:35:27 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You could try the investment strategy offered on http://www.4xmoneytrain.com
2006-12-06 01:22:06 · answer #4 · answered by Anonymous · 0⤊ 0⤋