I have $1000 to invest. Can anyone tell me which stock or stocks they would buy?

Answer 1

Save your money Buy US Savings Bonds

Answer 2

With only $1000 to invest (assuming this is not an additional $1000 that supplements other stock investments), you should not invest in stocks (commisions too high to buy multiple stocks adding up to $1000) or any single stock (risk is too high if holding just 1 stock).

You should buy shares of SPY, which is an ETF (Exchange Traded Fund) that indexes (mimics) the S&P 500. This way you are diversified and you only have a single commision to pay. Some have suggested for you to buy IYY, which is an ETF for the total martket (Wilshire 5000). I do not recommend this as your sole invest because the management fees on IYY are 2x that of SPY (0.2% vs. 0.1%). Therefore it will cost you double the money over the long run and most outperform SPY by 0.1% each year just to break even. Besides the S&P 500 makes up better than 85% of the market cap of the entire market so are not missing out on much. IYY only outperforms SPY when small cap stocks (tiny companies) greatly outperform large cap stocks (big companies).

Answer 3

If you have time, like 5 years and have the patience and self control to not touch it, put it in a good growth stock mutual fund and leave it alone for a long time. Go to Morningstar.com or go to the library and look for a fund that has 3 or 4 stars and has a 10 year return of more than 12%. (On a side note: the average stock investor trading just stocks, only averages 7-8% in the market.)

Answer 4

How long before you need this money? If it is at least 5 years until you need the money, I would consider an exchange-traded funds (etf). Consider the iShares Dow Jones Total Market Index Fund (IYY). This one etf will contain the entire US market. If you would like some international exposure, consider putting $500 in the iShares MSCI EAFE Fund (EFA).

As far as how to buy these,...

you could open a Scottrade account, which is very reasonable at $7 per trade. So, for $14 you could get a very diversified portfolio with low expenses.

JLP

http://allfinancialmatters.com

Answer 5

Do some research on stocks that have been very high and are now under ten dollars.

I would put that 1000 in NWACQ. Its high was close to $80 and a over a year ago it plummeted to under a dollar... It is slowly making its way upward and has potential of going crazy. I am in and already doubled my money. I just recently put in more.

Answer 6

You will be very limited for a while as to what you can invest in...
either a small amount of shares in a couple of big, steady, stable American companies ( Procter& Gamble, Johnson& Johnson...things people buy everyday, and that's not going to change)
Or else you can investigate Exchange Traded Funds (ETF's)... they're like "mutual funds" in that you are invested in a number of different companies at once...but there is no minimum buy-in price.(You buy them in "shares, like a stock...so you can buy a few shares of "this and that")
You can get a list at:
http://best-of-etfs.com/family.asp?fam=EXTRADED
If you get a few shares of something in real estate, something in global or international, and something that covers the S&P index...you'll have a real nice base..in nine months or a year ..expand or diversify into more.
E-trade can handle that ( all on-line)
Just one way to start...good luck

Answer 7

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You will have to wait between 3 and 10 days to get into the system in most cases. When I signed up it took 8 days. I wished it was faster, but if you can wait a week or two to start earn life changing money than you will have what it takes to make it in this business.

Answer 8

You can buy stocks like Infosis technologies, BHEL etc. you can decide number of shares to buy.If you are interested in mutual funds you can invest some money in that also. It gives more return in future.

Answer 9

Long term i would invest in a company that is just about to be sold to another company, they usually make good changes and you can triple your money sometimes but it takes a while (usually about four months)
short term i would invest in a company that is just about to make a merger, you can increase your money ten fold in a matter of weeks and it barely ever goes wrong.
i would research merging company's and invest in almost any of them

Answer 10

Be careful what you ask. Seek professional opinions from financial institutes.