2007-05-25 16:40:19 · 4 answers · asked by digame! 1 in Business & Finance ➔ Investing
In my opinion, you should never purchase a stock you do not fully understand. Such as all the boring fundumentals, (PE, DE, BETA, etc).
This is what makes individual stocks SO risky for individuals.
I suggest purchasing LARGE Mutual funds (Growth, Value, or Blends). I really like the ETF's (Exchange traded funds).
But one must be careful when choosing even mutual funds or ETF's. Fees (loads, 12B1's etc) must be known before purchase. A fund manager that trades a lot can have tax consequences that deminsh your real gains.
Some ETF's are really risky. Large old ones (SPY) that track exactly the S & P 500, or other LARGE indexes are best until one becomes more knowlegable.
I admire you wanting to invest. No one knows everything, and everyone is at different stages. Continue reading books and learning all you can.
I like Warren Buffet's advice; "There are no called 3rd strikes in investing....." In other words, if you don't know what to do, don't swing.
Good Luck and keep investing.
2007-05-25 17:17:57 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You're looking to strangers for stock advise. You don't know their qualifications. You don't know their motives.
Your approuch to investing is scary.
Having said that.... I believe that MET may go up or down.
Hope that helps!
2007-05-25 23:45:22 · answer #2 · answered by Common Sense 7 · 0⤊ 0⤋
if you have the money, but don't know where to invest, please invest first in education. don't invest by guessing !
2007-05-26 05:36:56 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No. and A Big No.
2007-05-25 23:47:55 · answer #4 · answered by Anonymous · 0⤊ 0⤋