I've been thinking of investing some money?

Question

somewhere, how do I find out about stocks? Or maybe investing in the foreign money? DOes anyone have any good info or know where I can get some?

Answer 1

Yahoo! Finance is great. Dave Ramsey's Total Money Makeover is a great book to have, read and keep on your bookshelf...he has everything you'd ever need to know about money and investing in that book! http://finance.yahoo.com/

Answer 2

As you have probably noticed there is a lot of information out there regarding investing. The difficulty is figuring out which arena to participate in. Stocks have certainly had a nice run this past year or two; mutual funds are good choices to diversify your portfolio with a good mix of stocks. Personally, I have been finding the most fun and profit has been in the foreign currency market.

The challenge for you will come in the fact that the investments with the most potential profit will usually also have the greatest risk. The foreign currency market (Forex) has a great feature called leverage where a small investment can control a sizeable amount of currency. As I mentioned this could be good or bad depending on which way the market moves. Many of us use a process called hedging where we are protected regardless of which way the market moves. This technique is working great for me in keeping any losses small while capturing frequent nice sized gains.

I would be happy to discuss this with you further. Just drop me a line at your convenience.

Best wishes for a prosperous 2007.

Paul

Answer 3

Invest in something sustainable. A recycling business, a car company that makes or repairs or sells parts for high mileage cars. Water treatment plants. Try to think of things that are going to be big when the rest of the economy goes byebye. Not IF the economy tanks, WHEN. Before you spend, look around, see what is happening, everything affects the money market.

If you wanted to dump your conscience you could invest in weapons manufacture. Security stuff.

But things that will be necessary in a depression, that people still would have to get, if you invest in those things, you still get to sleep at night and not have nightmares. You will be doing good and getting paid for it as well.

Anything that is a steadily declining resource, like oil or whatever similar, you won't be able to sustain any profit.

Perhaps open your own business on such lines. Rather than letting the money do the work, build on it with your own efforts.

That way at least you keep some control of your investment.

Answer 4

First, ask your local banker, he knows you and your needs, your financial situation etc. No matter how much you have to invest, your banker will answer your needs, so take an appointment.

It will depend on your preferences and your profile. What industries do you believe in? What country? What business? What is the risk you are ready to support. First, think of these things before looking for stocks. Then, you might find information on website such as Yahoo Finance. If you are interested in a company, go on its website and read the "Annual Report" and the press releases in the financial section of the website.
Your banker can also advice you with different financial products.

The most important is: Find someone that knows you to advice you. Advices available on the internet are not always accurate and it is better to have a clear understanding of the market to have a good judgement of the information given.

Answer 5

I've had some very successful investments over the last few years.

My rule of thumb is to invest in companies that I use.

Netflix, Dell, Microsoft, Cemex

There are a million different theories out there, but "go with what you know" is the best advice I've ever gotten.

My returns are about 50% overall which is damned good for long-term investments.

I use Yahoo Finance to check my stocks on a daily basis - and my investment firm's site to gete the exact numbers.

Answer 6

stocks are good because u may earn a lot of money in it, esp if you invest bigger too, but they are not stable. you see they can go high and low any time. i suggest that you invest first in a reputable insurance company, that way you are already ensuring your future and your family too. also, open a dollar account. but if you already have those and ready for the stocks, maybe you should try yahoo finance. i havent tried it though, but maybe ul have some guidance there.

Answer 7

Stocks are amazing to follow, and yahoo has a great way to do it!
Just take a look at this site, and you can follow any stock you want, and then decide which ones are good for you!!!

Just at the top there is a box saying Get Quotes..and beside that it says symbol look up!!! So just see the symbols for the compaies like pepsi or coke :) or whatever you want, good luck

Answer 8

I would recommend to invest in currency trading.You can really make good money provided you know which currency to buy and when to sell. Check the website below where the top forex trading programs have been reviewed. I feel it will definitely help you.
Hope it helps

http://money-review-site.com/investment.html

Answer 9

Keep it simple

Buy CXXUF and you will see it double in 12 months, plus a stock dividend

Do you DD

Answer 10

Seek consultation of a financial adviser. Let him access of your needs and risk tolerance. Do not beat round the bushes. Just do it.