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firerage101

By firerage101
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firerage101 Enthusiast

firerage101

Posted
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O.k for all you stock market experts out there, im young and want to start investing into the stock market. I have no idea how to start off or where to begin. I determained i want to pretty much go for 100 a month untill such time i cna throw alot of money at it. With that being said i was researching sites and WWW.SHAREBUILDER.COM seems to allow this with ease. Now im trying to determaine what stocks to invest in. I've looked into NGPS, AXYX, and LU. (Lucent technology's) any advice would be great.

trout31 Enthusiast

trout31

Posted
Posted

A great great website for all personal investors to read and study:

www.fool.com

The Motley Fool exists to educate, amuse, and enrich the individual investor.

www.fool.com

firerage101 Enthusiast

firerage101

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anyone have advice for stocks in the long term, say 10 year investment

 

A great great website for all personal investors to read and study:

www.fool.com

The Motley Fool exists to educate, amuse, and enrich the individual investor.

www.fool.com

 

 

 

Elwood 2000 Senior Enthusiast

Elwood 2000

Posted
Posted

I prefer Mutual Funds. Less risk and typically grow over time. With an individual stock, you have the ability to hit a home run, but you also have the ability to strike out. Money is hard earned these days, I prefer a little less reward for a lot less risk. If you are in a Mutual Fund of 100 companies and 40 drop, you still have 60 that held their own or gained some. If all your eggs are in one basket and it tanks, you just lost your hard earned money.

 

I would look at several mutual funds and see what is best for you.

 

 

 

One thing to remember about stocks, in reality, it is just paper. If you invest at $20 per share and it goes down to $10 per share, you have really not lost money yet, just paper. It only becomes money again when you cash it out at that $10. It may rebound to $30 over time, or then again, it may slide to $5.

 

Best of Luck!

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