Can anyone suggest some good companies to invest in? I don’t have a lot of money right now. I wanted to start off small maybe $50-100. This is my first time purchasing stocks and I would like to have some input. Thanks :)
2007-02-06 05:21:31 · 5 answers · asked by mizzmaya79 2 in Business & Finance ➔ Investing
At $50 or $100 you will need to pay a HUGE percentage on fees ($10 to $20 per trade). Either look into a mutual fund (without an annual account fee) or put your money in a money market account until you have at least $1000.
Some good companies right now are Microsoft, Lowe's,Intel, Target, Cisco, Altria, AstraZenica, AT&T, Royal Dutch Shell, JPMorgan Chase, and General Electric. Individual stocks are not FDIC insured and can lose money. You need to understand the risks before you begin investing.
2007-02-06 05:43:08 · answer #1 · answered by MR MONEY 3 · 0⤊ 0⤋
For this information, go to this link and see how they recommend you find a list of best performing mutual funds or stocks:
http://online-investing-review.com/
The idea is to screen securities for fundamental financial aspects such as profits, earning per shares and growth.
But before you get started actually trading, make sure you take a course that teaches a money management and trading system.
See http://online-investing-review.com/ for recommended courses and resources such as a site where you can do virtual trading with play money.
2007-02-06 13:32:21 · answer #2 · answered by The Goal Interceptor 2 · 0⤊ 0⤋
The companies like Reliance Capital, Infosis technologies,BHEL etc are goods stocks. If you are invested in first time,it is better to invest in mutual funds. Because risk can be diversified.
2007-02-12 02:45:49 · answer #3 · answered by sindhukannankattil 2 · 0⤊ 0⤋
Try www.nystockexc.com
2007-02-06 17:02:44 · answer #4 · answered by Anonymous · 0⤊ 0⤋