I'm 15 and have some extra cash. Should I buy stoke and what kind should I buy? I dont have that much. Thanks
2006-12-20 14:10:14 · 7 answers · asked by Stephanie 4 in Business & Finance ➔ Investing
Go for WALMART(WMT) or Annheuser-Busch (BUD).
When you earn DIVIDEND money from these stocks, put it towards purchasing more of these stocks so you're entitled to more dividend payment next time it's being paid out.
http://www.investopedia.com/terms/d/dividend.asp
2006-12-20 14:24:23 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You should buy Energy Conversion Devices, symbol ENER. They make solar panels, batteries for hybrid cars, and a new type of computer memory. Here is a link that describes their business:
http://www.top10traders.com/ViewPost.aspx?postID=197
This is from 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.
2006-12-20 22:30:29 · answer #2 · answered by Anonymous · 1⤊ 1⤋
dont buy individual stocks. buy index funds... hope u dont find this out the hard way.
may i suggest:
VTI-- all of america
EFA-- most other developed countries
EEM-- most developing countries
u buy these three just like stocks. make sure u buy in large lumps so the commision is small reletive to the amount your buying... and then just hold.. the vast majority of investers do worse than the market in general because they sell and buy according to emotion... dont.. just hold.
if you end up buying stocks, at least compare your stock to these three over the years.. youll most likely kick yourself in the ***.
owning everything is the best way to invest.
2006-12-20 22:40:32 · answer #3 · answered by causalitist 3 · 0⤊ 2⤋
GE, General Electric. Big conglomerate that pays dividends. GE will make you some money over the years
2006-12-20 22:12:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Check out the companies in the Standard and Poors 500 (S&P 500) Index:
http://en.wikipedia.org/wiki/List_of_S%26P_500_companies
Some of the best performing large companies in the US
2006-12-20 23:27:53 · answer #5 · answered by days_o_work 4 · 0⤊ 1⤋
use that money to buy some books on trading...i'm reading this one now and think it's a GREAT book to start out with:
http://www.amazon.com/Rule-Freakin-Markets-Profit-Market/dp/0312303076/sr=8-1/qid=1166780558/ref=pd_bbs_sr_1/102-6493041-3870548?ie=UTF8&s=books
don't throw $ blindly at the stock market
2006-12-22 05:44:38 · answer #6 · answered by Sizzle Pizzle 3 · 0⤊ 0⤋
download aptistock freeware
u willl get chart with buy sell signal
check any reccomendation before investing on it
trade accdly
try commodity future also
visit my blog
2006-12-21 00:25:15 · answer #7 · answered by dinu_pawar 5 · 0⤊ 1⤋