2007-01-31 15:29:26 · 3 answers · asked by brian wallace 1 in Business & Finance ➔ Investing
INVEST (sorry)
2007-01-31 15:30:10 · update #1
Scottrade.com offers $7 online trades - that is the best way to invest. To figure out what to invest in, you might want to see what the best traders are buying and selling and why. Steal their good ideas. You can find this information 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 read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Hope this helps.
2007-02-01 03:20:21 · answer #1 · answered by Anonymous · 0⤊ 0⤋
A well diversified mutual fund like Vanguard Star fund is a good beginning.
2007-02-01 10:36:09 · answer #2 · answered by gosh137 6 · 0⤊ 0⤋
Open a brokerage account at Scottrade and invest in ETFs.
2007-02-01 04:52:30 · answer #3 · answered by Anonymous · 0⤊ 2⤋