How do you buy stock, and what would be a good company to invest in?

Question

I want to buy stock, because I can't think of anything else to buy. And I don't know how, so I'll need to know that. I have an idea what company I want to buy one from (Apple), but I need some more ideas. I was considering like one of the airlines, but I don't know if that would be good or not.

Answer 1

You should learn first how to invest (very important!!!) as it's easy to pick good stocks. It's much tougher to keep your profits if you don't know what you're doing.

That said, some good stocks you might try include BEN, RYAAY (if you like airlines), GS, and ICE to start. Some of my favorites.

Good luck!

Answer 2

In the rising market sell. In the falling market buy. That should be the trend. The best source is to consult your stock broker who will suggest good scrips. This will depend on your views as to whether you desire to be a long term investor or a short term investor. In short term investment you would be required to pay tax at 15% on all your profits where as in long term - held for more than 12 months no tax is payable. Best is to study the share market with a friend at the place of the broker - get a grip - observe how the market moves - do not indulge in futures or options or put or call or mcx transactions. Go in for delivery based system and invest from your own resources and never borrow to invest in share market. That will prove very, very costly.

Answer 3

You can buy stocks through an online broker like Scottrade.com. If you are looking for investment ideas, you should see what the best investors are buying and selling 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.

Answer 4

Unless you have a very good idea of what you are doing, I would highly advise against buying only one stock. I think AAPL is overpriced - my valuation puts its fair value around $70 per share, FWIW.
The famous saying about airlines is: How does one become a multimillionaire? Start with a billion dollars and then buy an airline.

One thing you might want to look into is ETFs, which will allow you alot of flexibility with diversifying and staying levered to specific sectors (if you like tech, for example). A short introduction and example is located at http://www.valuestockreports.com/021907.htm

Answer 5

Never buy stock on just one company.

Spread it out so when stock goes down another is going up.

Airline stock is terrible.

Stick to fortune 100 companies. Microsoft, Johnson and Johnson etc.
and major drug companies. You will not get rich but you will be safe.

Also, be prepared to keep your money in stock for a minimum of 5 years so it can go thru all the fluctuations. If you need to take the money out for an emergency it may be when the market is down and you will lose. think long term and get a broker.
Also, watch CNBC Market watch and Power Lunch to educate yourself.

Answer 6

A lot of Airlines are about bankrupt! Go buy some Suze Orman books from QVC and take some of her advice depending on your age and what you are looking to do. She is smart and she is in the know about companies and she will steer you to the right place. Good luck.

Answer 7

Firstly you have to learn about the market and how to invest in shares.You have an idea that what kind of investing is made. If it is short-term,long-term or intra-day trading, stocks differ in their nature. There are many good companies like ONGC, INFOSIS etc

Answer 8

Before going to a broker I would visit www.fool.com This is the site for the Motley Fool. They are a financial source for the average joe, plus they can give you a broker comparison and ideas of what can be a good investment.

Answer 9

First you'll need to understand some basic principles of investment and understand which type of investment suits you.
To achieve excellent returns on your investments it is important to adopt the right investing strategies. To Learn more about shares and stock trading check the website link below.


http://www.smart-investments.org/Best-Stock-Investments/How-To-Invest-In-Stock.php

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

Answer 10

Open a brokerage account at TD Ameritrade.