i want to buy a stock for investment. ($2000.00) thank you
2007-03-15 01:52:39 · 10 answers · asked by Anonymous in Business & Finance ➔ Investing
With $2000 to invest, there is a great deal of risk in investing in just one stock. It might go belly up despite the most glowing predictions to the contrary. A less risky course is to invest the $2000 into a mutual fund where you will get a ready made diversity of investments and reduce your specific risk greatly. You can go to Yahoo finance and do a screen of mutual funds that have a $2000 minimum investment.
http://screen.yahoo.com/a?cc=1%3B&trfy=160%2F&mii=%2F2500&mfl=0&er=.01%2F1.99&rt=4/&s=nm&db=funds&vw=1&b=61
2007-03-15 02:30:52 · answer #1 · answered by Anonymous · 2⤊ 0⤋
I agree with the last posts, do not buy just one stock and hope for the best, try to buy a mutual fund or an index stock such as QQQQ (top 100 nasdaq stocks) SPY (spyders, index on the SP500) ot DIA (diamonds, index on the DOW I think)
I personnaly like the Qs, but I work in Tech so I'm always bullish on the nasdaq. A good idea would be to buy QQQQ and DIA or SPY for instance.
Good luck!
2007-03-15 05:37:53 · answer #2 · answered by Xavier 2 · 1⤊ 0⤋
Hello,
I've been trading the market for just a few months. My cousin actually told me about this website ( http://pennystocks.toptips.org ) and I signed up immediately after. This is my honest review about their method. I'm not someone who has a lot of time to be researching for ideas because I work many hours. they made it incredibly easy for me to make money in the market. Their reports are easy to read and follow. I've tracked most of the stock ideas that I've received in my e-mail from them and MANY have seen some nice gains after their announcements. I've made a nice profit (55% return on my investment on one, and 112% on the other!) on a couple of suggestions he's given and plan to start trading his ideas a lot more.
For more info: http://pennystocks.toptips.org
Hope it helps.
2014-09-22 10:13:48 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You do not need a broker to invest in stocks. Many large cap companies have dividend reinvestment plans that allow you to buy the initial shares directly from them. Just click up their web site, mostly www.(company name).com then find the e-mail address or phone number of their investor relations dept. and ask.
Next: Don't take stock pick type adivce from strangers, including me. Invest in what you know. (Not advice, just an example) I, and I assume you and most of the rest of the world, use soap. I use it daily, use it up quickly and must buy more. Do you have favorite soaps, shampoos, toothpaste, cleaning supplies? Who makes it? Proctor & Gamble, Colgate Palmolive, Dial, Clorox etc. makes a lot of them. Checking the details of PG, I find that not only have they paid dividends for a long time (showing they are making more money than they need to survive on) but they have been able to increase those dividends each and every year for the past 50 years. To me, it seems they will be around a lot longer than I will be. (again, not a recommendation, do your own research. The adivce I hope you will take is Invest in what you know.)
2007-03-15 02:31:08 · answer #4 · answered by gosh137 6 · 1⤊ 1⤋
Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/ed075
2015-01-25 02:36:22 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I guess by now you have made up your mind and have commited to riking 2000 on the stock market i personally think don't buy shares rather get options or cfd's higher risk but larger returns the highest profit you could make would be maybe at most 7% with stocks try also seeing a financial planner they could offer some other investment vehicles, try not to rush it anyways having given my advice go with BHP they okay fairly stable ming company
2007-03-15 02:05:20 · answer #6 · answered by Anonymous · 0⤊ 2⤋
Haven't you heard of the Great Depression in the 1920's? There's a reason you have to use a broker to invest
2007-03-15 02:01:53 · answer #7 · answered by ? 3 · 0⤊ 1⤋
SPY. Instant diversification.
2007-03-15 02:32:21 · answer #8 · answered by BosCFA 5 · 1⤊ 0⤋
Look into PVX and ALD
2007-03-15 02:01:47 · answer #9 · answered by hlhzimm 1 · 0⤊ 3⤋
DIA.
2007-03-16 20:33:24 · answer #10 · answered by Anonymous · 0⤊ 1⤋