out there just will tell me when to buy or sell
2007-09-22 19:01:53 · 7 answers · asked by mdhislam 2 in Business & Finance ➔ Investing
Just buy an index fund. If the market goes up, so does your fund. Over time, the average market goes up about 11% a year, but you have to be patient. If you get a broad fund, then it's automatically diversified. Or, if you have enough money, just get a broker and they will invest it for you.
2007-09-22 21:41:20 · answer #1 · answered by Katherine W 7 · 3⤊ 0⤋
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org
I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.
As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
2014-09-22 13:25:52 · answer #2 · answered by Saidee 2 · 0⤊ 0⤋
I have a much better plan that will earn you the exact amount of money... go to the nearest crowded parking lot on a windy day and throw all of your money in the air and see how much of it you can pick up before the wind distributes it to everyone else there.
Or... you could put it in a mutual fund. I do not like mutual funds because I take the time to do my "homework" or research that is required. Anything short of 1 hour per week per stock will land you in the house of pain. Be safe and let people who devote every waking hour to researching stocks do it for you. Mutual funds are the way to go but websites are a one way ticket to the poor house.
2007-09-22 20:12:22 · answer #3 · answered by Anonymous · 1⤊ 0⤋
There are plenty of publications out there who make stock picks. But really you have to be able to judge their picks. One analyst says this company is great, and another says it's terrible. Who do you believe? You have to trust in your judgment and analysis. If you are unable and do not have time, then a better choice is to find a CFA to help manage your money. You'll pay fees, but you'll have piece of mind that professionals are allocating your funds in a strategic manner. Just make sure they know what they're doing and that they do their job well. If you must see what analysts are saying, look at www.morningstar.com, www.thestreet.com, www.fool.com
Even then, I would only use these sites as a resource tool. Good luck.
2007-09-22 19:33:33 · answer #4 · answered by B 2 · 0⤊ 0⤋
Full service stock brokerage firm and some stock market newsletter might help you. though they are as smart as most people think, you still have to do your own homework. if you can't find time yourself, better for you to invest in mutual funds. maybe you are analyzing so many unecessary details which consumed so much of your time.
2007-09-23 13:42:17 · answer #5 · answered by BigBen 5 · 0⤊ 0⤋
http://www.tradingzoom.com/home
2007-09-23 05:13:00 · answer #6 · answered by Anonymous · 0⤊ 0⤋
That's exactly what I do for a living. (I am a Portfolio Manager)
2007-09-22 19:46:10 · answer #7 · answered by Anonymous · 1⤊ 5⤋