Considering what you can afford, and how it makes it worth your while.
2007-07-03 07:56:59 · 10 answers · asked by socmum16 ♪ 5 in Business & Finance ➔ Personal Finance
That really depends on you age and financial considerations. The best time to be very bullish on stocks is when your young and have lots of time to make up savings for retirements if you make errors of judgement. You should set up a diversived portfolio of stocks, bonds, ETFs, mutual funds and real estate.
In general, unless you are a full-time trader, you should have 5-10 individual stocks in your portfolio in different top sectors. You should plan on spending about 1 hour per stock per week to research and monitor them by listening to the quarterly presentations, reading news and reports and checking the charts.
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2007-07-03 09:26:47 · answer #1 · answered by SWH 6 · 3⤊ 0⤋
Studies have shown that you can achieve good diversification by buying about 8-10 different stocks. If you are well diversified you limit the risk of stock ownership. However, you have to choose the stocks carefully so that stocks that go down are offset by others that go up. That means you have to invest in different industries and you should thoroughly investigate each stock before you decide to buy it.
2007-07-03 15:01:28 · answer #2 · answered by Anonymous · 1⤊ 0⤋
When we purchase stocks we like to buy at least 100 shares because it makes it only 10 cents then for the fee for each share.
When we invest in our ROTHs we buy however many shares that the money can get us. I take the max allowable contribution per year and divide it by 12 and then dedicate that much per month to buy my ROTH shares.
Never invest money you can't afford to lose and never borrow money to invest.
2007-07-03 16:23:34 · answer #3 · answered by Anonymous · 1⤊ 0⤋
You shouldn't. You should buy an index mutual fund. I would buy from Vanguard as their are no brokers or fund managers getting inbetween you and your money. The Total Stock Index Fund was just rated in the top ten funds. That's pretty good considering there are 4 or 5 thousand funds at least. Just go to vanguard.com.
2007-07-03 15:08:12 · answer #4 · answered by Irish 7 · 1⤊ 2⤋
You said it yourself "what you can afford. Make sure to create a budget because if you might as well go to casino and gamble because it will become the same thing as gambling.
2007-07-03 15:00:20 · answer #5 · answered by Gengis 6 · 0⤊ 0⤋
Buy as much as you can afford to lose. Buy only what you know about.
2007-07-03 14:59:32 · answer #6 · answered by Mimi 3 · 1⤊ 0⤋
Whatever 10% of your saving is.
2007-07-03 14:59:41 · answer #7 · answered by pxp608 4 · 0⤊ 0⤋
purchase as many as you can afford,
2007-07-03 14:59:33 · answer #8 · answered by Anon omus 5 · 0⤊ 0⤋
a pack, unless your a centipede
2007-07-03 15:00:36 · answer #9 · answered by CCRIDER69 5 · 0⤊ 2⤋
As much as you can.
2007-07-03 15:30:58 · answer #10 · answered by Anonymous · 0⤊ 1⤋