What is the best way to "play around" with a little bit of cash, not too much, about $200 right now until I learn about the market. If I use a website like e*trade or tdameritrade, how many different stocks should I buy or should I put all of the $ into one because it is such a small amount of $. I would like to make a little bit of $ as well.
2007-03-14 11:01:11 · 1 answers · asked by johnwl07 2 in Business & Finance ➔ Investing
E*trade charges my friend $120 per year for a low minimum account. Don't know about tdameritrade. Use www.sharebuilder.com. $4 to buy, no minimum, no charge to reinvest dividends. Start with one stock. Invest in what you know. What products do you (and most of the rest of the world) use every day, use up quickly and need to buy more? What brands do you like the best? are the best value for the money? Who makes those products? Has the company been around for a long time? Making enough money to issue dividends each year for the past 10+ years?
2007-03-14 11:38:50 · answer #1 · answered by gosh137 6 · 0⤊ 0⤋