I have never owned any shares before, What are the best ones to buy when your just starting out.?

Question

Im interesting in purchasing some but have no idea.

Answer 1

Picking stocks is very difficult. It takes alot of time to complete a due diligence just to determine which stocks to buy; then you have to monitor the stocks to validate your assumptions (the reason(s) you bought the stock).
When you are starting out, stick with a mutual fund or two. Something from Fidelity or Vanguard. Nothing exotic, for example Emerging markets. Emerging markets have a tendenacy to submerge every once in awhile.
Look for the Growth or Value funds.
Meanwhile, while your money is growing in the funds, start a portfolio of stocks you think are good buys.Yahoo has a great portfolio application. Track the stocks and see how you do. Subscribe to business publications. I like Barrons. It is a weekly paper, on Saturday. Read it and try to absorb what they right and what is wrong.
Look first to invest in big companies, for example, GE, Johnson & Johnson, AIG, ExxonMobile, etc. Look for high market share, lots of cash, good management, and profits.
It is better to own a few expensive shares than thousands of worthless shares. Try to make money over the long term not day trading.
Gooooood luck.

Answer 2

I think the best thing to do at first is to do it through an agency or a funs who buys and sells shares. Though if you wan't the thrill of buying and selling on the stockmarket yourself, you should research into the share history of any you're interesting in and see how much it has fluctuated... just remember to buy low, sell high!

Also, by owning some shares you get disconts for companies like for P&O you get big discounts if you ow 500 shares or someething... which can be beneficial in the long run..you may want to look into that too!

Answer 3

Your first investment should be in a company whose products you use and love. You might also want to practice your investing skills before using real money. You can do this 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

Good luck.

Answer 4

Look around your house and see products that you use on a regular basis. That would be a start. Just take baby steps. Are you going to use an online broker or brick&mortar broker? If you go online you can get a pretty good deal with Sharebuilder. No minimums and a reasonable fee. The more shares you buy the cheaper the fee is per share.

Answer 5

If you are just starting out, you're probably better to stick with well-known companies. Your risk of loss is much lower with a GE for example than it is with a much smaller company. (Thats not a recommendation to buy GE, just an assessment of the risk of the stock.) As a rule of thumb, absolutely positively stay away from shares of any company that you should receive an e-mail advertisement for. So-called "pump-and-dump" marketing gimmicks have wrecked many an unweary investor.

Answer 6

the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.

Answer 7

DIA.

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