What stocks are good to invest in now for young beginners starting to invest?

Answer 1

HRS, SNDK, MSFT, AMD, IBM, GOOG, YHOO, HRL, HD, WMT, RHAT, JNJ, DUK, EXPD, SIRI, SUNW, MU, MCHP, XOM, BAC, WM, CAG, VZ, PG, UNP, WB, COST, BMY, PBI, TGT, IVC, BA, CPWM

Also, invest at http://www.sharebuilder.com where YOU control your money and research, also http://finance.yahoo.com is EXCELLENT for research, and so is http://moneycentral.msn.com/investor/home.asp

Have fun, and TRY to stay away from mutual funds, there is a lot less risk, but do you want to make money or just save it? ;)

Answer 2

First rule: avoid stock tips, especially over the Internet. Even avoid tips from your own family, friends, broker, or God. Every single successful investor swears that you can get ideas from other people, but you still have to analyze those stocks and companies before you buy.

Second rule: avoid penny stocks (roughly any stock below $5). While it's true that some of them go up 100-1,000% in a year, the majority - 90+% - don't move, drop in price enormously, or go bankrupt. Companies like Microsoft were never penny stocks - they only look that way in graphs because they split the stock so many times. Most hugely successful stocks start above $15 per share.

Third rule: Even if you get lucky on a tip, you'll never learn anything if you buy blindly. It's great that you're starting early, because you can afford to lose money (and believe me, you will lose money at first). You must do your own research eventually, or else you should give up entirely and buy a low-cost passive index fund.

Fourth rule: No one can tell you what is a good stock for you. Every stock has good periods and bad periods, every company and stock is different, and every person has different goals and personality. For example, I love small, volatile stocks like GROW and IAAC - but other people prefer big companies like MSFT and AAPL, while stills others prefer boring stocks like utilities that pay steady dividends. It all depends on what kind of person and investor you are.

Conclusion: Congratulations on getting started. However, don't start by asking other people what to invest in. In the long run, you are much better off buying investment books on different investing styles (for example, value investing, growth investing, momentum investing, CANSLIM) and learning the basics online at Yahoo! Finance or another website. I highly recommend the two or three books written by Peter Lynch (for value investing) or William O'Neill (for growth investing). I would also suggest you immediately go out and buy just a few shares (1-10) of your favorite company, because that will motivate you to research it, learn what works, understand how fear and greed affect investing, and get over the initial panic, excitement, and regret as you watch it every day go up $1 or down $1 (you must get past this emotional stage to make money).

Footnote: You will lose money, often substantial amounts, someday. What you should do is 1) vent your anger to get it out of your system, 2) analyze what you did wrong, and 3) jump back in when the time is right. The only way to succeed in investing is to never quit. Within a few years, however, you can eventually build up a large amount of money.

Answer 3

The basic guideline is an amount you can afford to lose. Do not put money you will need in the next couple of years in the stock market. If it is a significant amount of money and you will need it for something(like college) it should not be in the market for 4 or 5 years. You will get a lower yield on another investment, but your principal will be safe. With a small amount of money a mutual fund is probably your best bet.

Answer 4

First of all, don't invest in stocks recommended in any of these posts. They are probably from spammers, PARTICULARLY PENNY STOCKS. STAY AWAY FROM THEM. If I were you, I would read a couple of good books on investing. Peter Lynch has a good book for beginners. Also try to find a good book on Warren Buffett's investment strategy. In fact, I have made a lot of money just investing in stocks that Buffett invests in (ConocoPhillips and Petrochina for example). In fact, although I would not trust me if I were you, if you do trust me, I think ConocoPhillips (COP) is still a decent buy. Petrochina, however, is fairly or over valued at this point.

When I was your age, I lost a lot of money investing in crappy stocks. Make sure you know what you are doing before you start investing. And if you feel like you don't know what you are doing, just invest in index funds. Most professional investors can't do better than index funds, so unless you really feel confident it is a waste of your time to try. That said, I have taught myself a lot over the past five years and I blow away the averages because of that. So it can be done.

Good luck.

Answer 5

Learn about etf's. They are like mutual funds but trade on the exchanges. They keep somewhat diversified and help you learn about the price action.

You also to start to learn your investment style: active vs. buy, hold, and go away. How diversified? Timing, vs. dollar cost averaging. value v. growth (or blended). These are more important questions because they effect what you buy, when and why. This is more important than age, but experience matters too.

Pick up some good books on investing. Pick a diversified set of titles on long term investing, value investing, even day-trading. Bu finally, please only invest money you don't mind losing. When I started investing and trading, one month before the 2000 stock market crash, I thought it seemed easy enough. Then I lost it all. Now I average returns above 50% yearly and hit many 'double your money years'. But, this is because losing it all taught me to manage risk. In investing it is a game of managing risk without killing your potential return.

Answer 6

Look up Penny Stocks. This is an excellent way to start, learn the game, not worry about money and then take it to the next level. Once you are ready for the next level, start watching shows on the Stock Market for tips.

I wish you the best of luck!

Answer 7

there is a nice article on http://ibooyah.com about getting started and ways of evaluating stocks. The site also contains recommendations and analysis, all for free. Give it a try, you might make some money.

Answer 8

Consider Mutual Funds.

Answer 9

How about some nice growth stocks, these all pay a nice little dividend, I like PG, JNJ, CL.

Answer 10

invest in stock indexes