i am learning to play the stock and realeste markets so i may make some money. at the moment i have only 1k to spare and obviously thats not enough for realestate but would it be enough to start investing in the stock market in about 2 months?
2007-02-02 18:09:11 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
If thats what you want to do. You can even buy stock in a home builder or mutual fund that invests in real estate. Even international real estate. I like Fidelity, the biggest. There is a homebuilder etf, bunch of stocks, called xlb which is home builders. Go to fidelity or Vanguard, #2, and click on products. Fidelity has a better web site for me, but hey, make them compete.
2007-02-02 18:20:26 · answer #1 · answered by charlie at the lake 6 · 0⤊ 0⤋
Buy a Balanced" Mutual Fund"
That is a fund that has Cash, Bonds, And Stocks in a balanced way.
That is the best way to start while you learn about investing
2007-02-03 02:22:09 · answer #2 · answered by bob shark 7 · 0⤊ 0⤋
actually 1k is the minimum to open an account to invest in the stock market. so yeah 1k will do.
2007-02-03 02:18:40 · answer #3 · answered by Wise guy 2 · 0⤊ 0⤋
Do not buy a stock, PERIOD. Get into a no load mutual fund and you will be much safer. I had 10K in World Com when it crashed and I was left with zero to collect. So one stock scares me. Stick with the mutual funds period.
2007-02-04 10:02:45 · answer #4 · answered by tbird 3 · 0⤊ 0⤋
you'll keep learning..
and once u gain enough confidence those numbers would go high..
2007-02-03 02:37:46 · answer #5 · answered by antoants 1 · 0⤊ 0⤋