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2006-12-21 16:16:36 · 17 answers · asked by Bill D 1 in Business & Finance Investing

17 answers

Yes, there are many. My suggestion is to visit http://ibooyah.com - there are many suggestions there, all for free.

2006-12-21 16:18:49 · answer #1 · answered by Anonymous · 0 2

Before you enter into an open position with stocks, make sure you have an exit plan. What kind of return are you looking for? The more you demand, the more risk you have to take, so the greedier you are, the more likely you are to lose your principal of $1000.00.
It works the opposite too, the more scared you are of losing your money, the less risk you take, and then you have to deal with trying to keep up with inflation, and opportunity loss.
Do some "paper trading" first. There are many programs on msn finance or yahoo finance will let you put together an imaginary portfolio to help you learn. If your $1000 is just some school project, and you have a couple of weeks to make it grow, learn as much as you can from news about any stocks that just got slammed because of rumours, or are about to split, or just announced that they will be bought out and merged with another company. These tend to move pretty quick short term, but get out before they go back down, so figure out what you want out of it, and remember about the greed.

2006-12-21 16:38:19 · answer #2 · answered by rob 2 · 0 0

Find a highly rated no-load mutual fund that invests in a wide range of companies. If you can't find one on your own go to a broker in your local bank. Then try to add small amounts each month. Don't think that you will make money overnight. Think of it as a long term investment. In five years you should do pretty well. It's not without risk but certainly a lot safer than Vegas.

2006-12-21 16:32:31 · answer #3 · answered by JOHN C 1 · 0 0

Sorry besides the indisputable fact that it sounds like you want gaurantees and there basically are not any. yet on the different hand in case your prepared to trust someone can furnish you with some thing like that you deserve each little thing you get. there's a uncomplicated tennant of making an investment ---extra threat equals extra reward---- and through the same token if someone provide you with a good reward possibly you need to end and imagine about the probability.

2016-12-01 01:57:48 · answer #4 · answered by ? 4 · 0 0

Buy Toyota Motors (TM). Great company, they will overtake Ford in terms of sales next year.

As Gas goes up more and more people will want to buy high gas mileage and high value cars that don't depreciate like Fords or Chevy's do.

2006-12-21 16:23:33 · answer #5 · answered by Phillip 3 · 0 0

you might want to consider a mutual fund. it's easier than trying to pick one sure fire stock. if you do buy a stock make sure you can explain to someone what the company does, how it makes money and why you think it will continue to to grow. if you can't then you are just gambling on tips and recomendations

2006-12-21 16:24:20 · answer #6 · answered by QandA 3 · 0 0

Hi,

$1000 is very small amount but you may try to start trading yourself.

I could introduce you to brokerage company in Austria that allows to trade cfd on shares, commodities, metals and currencies (forex). Once you open trading account under my referral I provide you for free with trading techniques that I successfully use several years. If you are interesting then please pm or e-mail me (press on my name) and I provide you with further details

2006-12-21 19:42:58 · answer #7 · answered by VP 3 · 0 0

put it in the bank and save up 10,000 before investing in stocks.

2006-12-21 17:21:34 · answer #8 · answered by Jomtien C 4 · 0 0

I hope you can afford to lose all or most of it because this is most likely what will happen. Stocks are just like gambling in Las Vegas, no different.

2006-12-21 16:18:58 · answer #9 · answered by Anonymous · 0 1

First rule of investing- never invest one penny you can't afford to lose.

Markets go up, and they go down. Ride it out for the long term, and add to it as you grow and learn.

I like Fidelity mutual funds. Check it out!

https://www.fidelity.com/frameless_pr_B.shtml

2006-12-21 16:56:50 · answer #10 · answered by Lion J 3 · 0 1

Visa corporation is supposed to be making its IPO early next year. If it were my money, I would put it in a money market account until then.

2006-12-21 16:20:40 · answer #11 · answered by shadowsandfog 2 · 0 0

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