I would like to invest 150 each month in a stock or two, can anyone recommend a good stock?

Answer 1

walmart or microsoft....or myspace..if they have stocks...lol

Answer 2

You have already received several answers recommending mutual funds. I agree with those answers. But that does not prevent you from doing what you want. Sharebuilder.com is designed for people like you.

Despite the risk involved in buying one or two stocks--and believe you me there is plenty--there are also some advantages if you can choose wisely--no management fees and no year end capital gains distributions.

I could recommend some stocks that I think are good, but I could be wrong so I will refrain from doing so here.

One option that was not mentioned was that you could invest your $150 a month into ETF index funds. These are very low expense unmanaged mutual funds traded like stocks. There are hundreds to choose from and they have very low if any year end distributions. But because of the low monthly investment amounts you have in mind, I would stick with a mutual fund. Check out American Funds with minimum investment amouts of $250 and $25 subsequently. These do carry a 5.75% front end load but that is almost what you would pay to invest in stocks monthly.

http://www.americanfunds.com/default-home.htm

Here is a link where you can learn about ETFs

http://www.etfconnect.com/

Answer 3

I would recommend having an automatic deduction from your checking account into a mutual fund. I wouldn't put all your money into one or two stocks. You should diversify.

That being said, if you want a good stock tip, I'd recommend Tara Gold Resources (TRGD). IMO, that would be a good stock to buy each month until the share price reaches $5. It's a penny stock, but it will become profitable this year and will likely move to the AMEX in the next few months.

Answer 4

Depends on how long you're planning on investing before selling. If it's going to be a while, I would pick something like Vanguard Total Stock Index (VTSSX) because it has low fees, no load, and over the long run it would probably beat most stocks or mutual funds as it tracks the entire market. There are also index funds that track international markets, those can be a bit riskier but also perhaps pay off a bit sooner.

Answer 5

I teach this stuff to people for a living and mutual funds are a great, relativly safe place to start investing. They usually will take a smaller amount per month than a broker who helps you choose stocks. Also a mutual fund helps you diversify and the manager watches the stocks so you don't have to watch many different companies. With only 150.00 per month that would only buy 1-4 shares of a stock, which would take a while to diversify your portfolio. I use a company called Primerica Financial Services for my investing. They take a educational approach so you understand what is going on. They also give you a financial game plan to show you what you need to save per month to reach your goals. Look them up in the yellowpages and ask them to have an appointment with their best investment person the that office. They will not charge a fee for the appointment. Good luck.

Answer 6

I doubt in reality there's a "suitable" answer to this question, although i'm particular the respond e book has one. The prognosis giving a fifteen% return to inventory A and 12% return to inventory B has an errors component of it which isn't stated. whilst predicting the destiny there are no longer any absolute numbers. it ought to nicely be a +/- 20% errors to the numbers, you do no longer understand. So the form of return for inventory A must be 18% to twelve% .....the form of return for inventory B must be 15% to 9% So the two levels actually overlap interior errors...even a 10% variance might very almost overlap. So i might elect an equivalent allocation of money subsequently of $one hundred twenty five,000 each and every, decision B If the predicted returns have been 30% and 10% for the two shares then there could be an significant danger distinction between the two and then i might allocate greater funds to the fewer risky inventory...yet subsequently a three% distinction in return isn't important to me.

Answer 7

First up I'd suggest having a good read of the articles on THE MOTLEY FOOL - http://www.fool.com (in particular the investing section).
Then for purchasing the stocks I recommend http://www.sharebuilder.com

For stocks to invest in, I suggest going to http://quote.fool.com and looking at these ones:
- Bolt Technology (BTJ)

- Toyota (TM)

- Annheuser Busch (BUD)

- GOOGLE (GOOG - may cost around $460 to $500 a share, but that's the beauty of a SHAREBUILDER account... you can buy fractions of a share as well as whole amounts of a share if you can't cover purchasing a full one with the amount of cash you have available to invest).

- Canadian Pacific (CP)

- Union Pacific (UNP)

- Coca Cola (KO)

- Cadbury Schweppes (CSG).... this might be a good one, as there was recently talk of them splitting the business between the bit that makes chocolate, and the bit that owns the rights to DR PEPPER, 7UP + Canada Dry Ginger ale.

Answer 8

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
Cheers.

Answer 9

Yes, stick to mutual funds.... although I can't suggest a good one.... Also, if you are going to buy stocks, save enough until you can buy 100 shares at a time... sometimes it is tougher to sell 39 shares than an even lot of 100.

Answer 10

I have had a look of success investing in wind energy. If you believe in global warming then you should invest in wind energy. Here are my favorite stocks in this sector:

http://www.top10traders.com/ViewPost.aspx?postID=61

This link is from http://www.top10traders.com - a free site that lets you track your stock portfolio and see how you compare to other investors.

Hope this helps.

Answer 11

You should stick to mutual funds until you have enough money saved to buy a portfolio of stocks.

I would suggest a no load index based fund.