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I got around $1000.00 for Christmas and want to know which is best for greatest return.

2006-12-28 03:33:43 · 13 answers · asked by Rocko 1 in Business & Finance Investing

13 answers

I would invest in foreign stocks. The Euro trade arena is doing great right now.

2006-12-28 03:48:32 · answer #1 · answered by Michael C 3 · 0 0

Here are some low cost brokerages. Scottrade is easiest to trade in, but not daytrading--you'll need a good bit more money and experience before they will let you do that directly. Sharebuilder is a steady monthly investing program for longer-term dollar-cost-averaging.

As for what to trade, may I recommend a look at the Ishares offerings. Its not fast and flashy, but you really aren't ready for that. Trading with real money and little experience is often little better than a crapshoot. The nice thing about Exchange Traded Funds like those from ishares or powershares or others is that you can see what is in them. One day, you will look at those in the diversified baskets and wonder why you've got money in unprofitable ones when others are making all the money, both in their business and in the stock market. Once you explore those exceptional companies and start seeing the news and events and the patterns of behavior in the market from them, then you are ready to pick an individual or two that especially interests you.

There are some boring companies that had been depressed and are on the mend that might be worth a look if you are still interested in a single place to park it--consider GT (Goodyear Tire) and its combined earnings and stock price improvements of 2006. Dell is a similarly moderately-priced stock. Some have been talking it down as a mature company with no new tricks up its sleeve, but they've got some things cooking so they are worth a watch. Want some more excitement (risk)? Check out DSW or BMRN.

2006-12-28 16:54:38 · answer #2 · answered by Rabbit 7 · 0 0

Rather than take advice from someone you know nothing about, I suggest that you see what the best investors are buying and selling. You can find the proven best investors at 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. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Good luck.

2006-12-28 11:55:02 · answer #3 · answered by Anonymous · 0 0

I know everyone here likes to tell new investors to go into risky investments and single stocks (or gold) :) dont do it EDIT: example, the very next post is telling a beginning investor to invest in commodity futures, which is about the LAST thing a new investor should do

that 1000 will let you meet the minimum for a roth ira at troweprice, (and others) just put it in there and let a professional make money for you, dont stick it in one stock and lose it all

2006-12-28 12:10:23 · answer #4 · answered by swenjj 4 · 0 0

First, if you can, put it in a Roth IRA so you can avoid future taxes on your profits.

Next, invest in mutual funds. With a low amount to invest, buy C shares. There won't be an initial fee to buy the funds. Next, I would recommend one growth fund and one international fund. This will give you some diversification and strong potential for future growth.

2006-12-28 11:54:10 · answer #5 · answered by MR MONEY 3 · 0 0

You cant do much for that amount. You can go to Vanguard.com and invest in the Star fund they take $1000 or put in a bank CD for 5.25%

2006-12-28 12:03:33 · answer #6 · answered by ? 6 · 0 0

Hi,

Greatest return is when you trade yourself.

So why don’t you start your own forex or shares trading? I could introduce you to one brokerage company in Austria that allows to trade from same account currency (forex), commodities, metals and cfd on shares; total 500 instruments available. If you open trading account under my referral I provide you for free with trading techniques that I successfully use for several years.

Currency (forex) trading is very attractive because it is very profitable business and you could trade from any place in the world and at any time from Sunday night to Friday night. So you could create very high income.

If you are interesting please pm or e-mail me (press on my name) and I provide you with further information.

2006-12-28 11:42:58 · answer #7 · answered by VP 3 · 0 1

The US dollar is getting ready to be worthless in the next 6 months. You are way late but buy as much gold as you can (not gold coins). Everyday you hesitate you lose!

2006-12-28 11:40:57 · answer #8 · answered by Anonymous · 0 1

Mutual funds

2006-12-28 11:41:37 · answer #9 · answered by pdmalek 3 · 0 0

try commodity future

check stock tips on aptistock freeware

with buy sell signal

2006-12-28 12:26:59 · answer #10 · answered by dinu_pawar 5 · 0 1

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