strawberry: Does anyone know good stocks to invest in and how are mutual funds good to invest in?
I wanna know what stocks are starting from low and are starting to climb up before it reaches its peak. Like gold minning, technologies, biotech, energy, computers, websites,natural resources, good chinese and indonesia stocks too. If chinese and vietnamese currency is good to invest in and mutual funds to. I know house market is down but do u think its good to buy b/c its pretty low stocks from before.
Answers and Views:
Answer by AM-NM centaur
Start by reading “Investing for Dummies.” There are no simple answers to making money through investing. What we do know is that uneducated investors often lose money and educated investors make money. But that’s just a rule of thumb.
Anytime is a good time to buy. Also, if anybody on here could tell you a stock to buy and guarantee it will give a good return, they should be at a major firm, cuz it just ain’t possible. It would be like picking tomorrow’s lotto numbers.Answer by Daddy on May11, 2008
i would invest in some shares with starbucks. ive churned out nothing but profits from them. and since mcdonalds has been trying to put them out of business, the return has only gotten better. because investers dont want to see them go out. hope this helpsAnswer by HeyDonny
Long Term Stock to hold, I have found Proctor and Gamble (PG) to be a relatively stable and productive investment.
Mutual Funds are good because they invest in the stocks of numerous companies, thus diversifying your investment.
I own many.
For a risky short term gain, I’ve made $ 700.00 in CCTC in a month and a half with a $ 500.00 investment.
Sold part of my shares today to get my $ 500 investment out. Now I play with the $ 700 I made.
Very Risky Investment though !
It might be at it’s high now. Who Knows?
If you can’t afford to lose any of your investment, go to a bank C.D. or Money Market Account.
I don’t know about foreign currency or investing in the housing market.
Good Luck.
DRIP’s are not safe! They are purchasing stock in a company w/o a Broker but directly from the company. Cheaper Yes, safe No. You can’t sell quickly either.
Reinvest dividends let’s you build more shares which is good.
Good place to start, like I did.
Your first option should be to fund fully a retirement account. If you do this, and you have extra cash, then one of the best things you can do is open a DRIP Plan.
Go to : low-cost-stock-recommendations
.com
They have a DRIP Section and it is free.
These powerful investment plans are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.
They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down. They are a must for any serious investor.
I strongly recommend looking into it. They are great plans.
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