If you only have enough money to invest in 1 stock, then don't. Invest in a mutual fund. It is called diverification. One stock is too risky. Mutual funds spread the risk over many stocks.
2007-01-07 04:31:52
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answer #1
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answered by NYC_Since_the_90s 6
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An aggressive growth stock. Check this one out:
China Mobile (CHL). Population and economy exloding. Adding overr 1 million suscribers a month. At a forward 17 P/E ratio, a stock doesn't get much cheaper on a valuation basis. To make things even better, it carries a 4% dividend yield. It has to go down 4% before you start to lose money!! Just signed a contract with google for it to be primary search engine on phones. This stock is amazing. Put your money in it and watch it grow.
You want your money to grow. Our jobs, all our clothing and textiles are made in China. China is where the growth is. Where were your sneakers made? In China. Your shirt? China. Don't beleive me? Look at the lable. Bet on China and you will be ok.
I also like Nidec (NJ) at this price. They make small motors that go into IPods and things. It's about $19.
Also Diamond Offshore and ConocoPhillips are solid companies.
2007-01-07 10:07:11
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answer #2
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answered by Anonymous
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It depends on just how much work you are willing to put into it. Typically those with low fees and expenses pretty much let you run the show. I'd shop for low fees and decent service and research my own stocks if I were just starting out. Dont forget mutual funds..they do the work for those who dont have the time.....call for a perspectus and compare performance over several similar funds over 5 years or so. Unless you are playing with a large hunk of change, its hard to diversify enough to minimize your risk owning the stock itself.
2007-01-07 04:00:31
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answer #3
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answered by Rick 3
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Whoa! Get your " learning tool" first! Go to :
http://moneycentral.msn.com/beginnerguide/asp?page=introduction
Then you'll be a little more familiar with investment options
Picking one stock for your first investment is tough...if you don't want to put everything into one mutual fund...look into the ETF's ,you can trade them in smaller quantities,like stocks...but they still give you some diversity...just a little "safety" for your first investments... all your money in one stock is like "all your eggs in one basket"... sooooo, if you still want to go right into stocks at least divide your money into two or three.
Get a staple for one...JNJ, PG, ADM
Then go for growth....TM, AAPL
If you make some decent profits in a few months, you start looking into trends...different sectors take off at different times...real estate...energy...tech....raw materials....
Good luck
2007-01-07 05:31:34
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answer #4
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answered by jebediabartlett 6
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in case you mandatory to purely stay to tell the story what might you purchase? i might wager which you purchase food previously you purchase music. What approximately potential(coal and oil)? How will international places shelter themselves?
2016-11-27 01:51:59
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answer #5
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answered by Anonymous
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Try GE and/or Johnson & Johnson. Both solid, blue chips.
2007-01-07 04:20:10
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answer #6
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answered by Anonymous
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oil oil oil exxon mobil
2007-01-07 06:53:41
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answer #7
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answered by Anonymous
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Diamonds it's a good start (AMEX:DIA)
2007-01-07 04:12:13
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answer #8
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answered by Anonymous
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