2007-08-30 13:07:40 · 5 answers · asked by Mykel D 1 in Business & Finance ➔ Investing
$1000 isn't really that much but diversified is the key I personally like ETF's and a decent well rounded one would be EXT. Globally CWI or VEU are your picks. Choose wisely.
2007-08-30 14:04:02 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Generally, you should not put 10% of your assets in any one stock or buy less than $100 of any one stock at a time. If you have only $1000 to invest, buy shares of a diversied mutual fund (such as an S&P 500 index fund) so that you are more diversified than if you bought only a few stocks and pay less in commissions than if you invested a few dollars in each of many different companies.
2007-08-30 20:32:21 · answer #2 · answered by StephenWeinstein 7 · 0⤊ 0⤋
Look for some industry that's just getting a crapload of bad news, like the home construction industry. Find a good company in that industry that's seen it's stock go way down and buy it.
It's a good bet that in two years, the whole housing slump will be over, and that company's stock will be worth twice what it is now.
I routinely do this with many fine companies that get a bunch of bad news all at once. So far I've only been burned once, but have made some handsome profits on others, if I allow them time to work their way out of it.
2007-08-30 20:17:51 · answer #3 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
How long do you want to invest and how much risk can you take?
2007-08-31 00:13:06 · answer #4 · answered by Anonymous · 0⤊ 1⤋
aey, npla, smtx, dxpe,asfi
2007-08-30 22:26:01 · answer #5 · answered by bizzbagg 4 · 0⤊ 0⤋