what is the best and cheapest stocks to go with?

Question

i was thinking of gettin into six flags and ge any help would be appreciated i am disabled and have 4 kids to take care of and trying to make my money grow to take care of them

Answer 1

If you are not an educated investor, I strongly suggest you stay away from stocks. You can make lots of money in stocks, but you have to know which stocks to buy, when to buy them, and most important when to get rid of them. A miscalculation on any aspect can cost you everything you own.

Another reason to stay out of stocks is that you probably don't have lots of investment capitol on hand. To purchase stock, you have to purchase minimum amounts this will run from a thousand bucks to several hundred thousand.

For small investors, it is always best to go with a mutual fund. These are stock portfolios managed by professionals, and each mutual fund stockholder has an interest in all stocks owned. When the fund makes money, you make money, and when the fund looses money, the value of your shares decrease.

Another advantage of mutual funds is that you can make small regular investments. Some funds allow investments as small as $50.00 to open an account, and small installments to add to the account.

Check out lots of funds and pick one that has a good track record of dividends and capitol gains disbursement. Since you say you are disabled, steer away from the glamorous high risk funds. Look for a solid growth/income fund. The glamorous funds make big profits, but they also take big losses. Slow and steady is better than a roller coaster if you have limited income and can't afford to take high risks.

Check out lots of funds, but the one I invest in is Pioneer Fund. It is one of the steady plodders, but they have a great record on dividends and capitol gains.

Good Luck,
Doc Hudson

Answer 2

If you haven't invested a dime in your life, you're not alone. Millions of Americans don't own any stocks or mutual funds. Some of them have just decided that they don't know enough to invest intelligently. Others think that investing is too scary and worry about the possibility that they'll lose money. Still others think that investing in stocks and mutual funds is no different from playing the craps tables. The truth is, it isn't hard to learn how to invest, putting money into stocks or stock funds isn't scary, and by investing defensively, you can protect yourself from losing money. As for the craps analogy, it's flat wrong. Winning at dice means having good luck. Winning as an investor means using your brains.

Have you ever considered internet marketing as a means to make some extra money?

It is something that you can ease into gradually by working a couple of hours or more per week instead of watching television.

This presents excellent opportunities for people with little money to build passive income in their spare time. Eventually you could reach the stage where you can rely entirely on income from internet marketing. Many people have. This includes professionals such as doctors who make more money via the internet than from their practices.

Answer 3

I have two very affordable ones:

Modern Energy--MODR.PK They are a company that is developing alternative fuels and biodiesels. This company is looking to help the environment and have a bright future.

Paychest--PYCT.PK They are a company that handles electronic and on-line paycheck for large and small companies.

Both are young companies ready to take off. Good luck and make some $$.

Answer 4

One factor you could take into account is the candies and culmination that the man or woman likes. I can consider developing up deficient, and the stocking constantly contained sweets, nuts, apples oranges. Think of the man or woman, and decide upon small models that fit them.

Answer 5

before investing in stocks, I recommend reading Suzy Orman's book on getting out of debt. She gives fundamental advice on how to reduce debt which will give you money to invest with. ..There is no reason to invest and gamble for a 8%-10% return if you're paying 18-21% in credit card debt.

I would check a local library first to see if you can check it out for free before purchasing.