Investing In Stocks
When investing in stocks. I would target stocks that play a role in everyday needs.
pharmaceutical, technology, and futures like oil, or corn.:D
Banks are always good to invest in as well, but they are expensive. However, you know they are not going to go out of biz anytime soon.
i use wells fargo nice solid bank:D
sigs
Rep Points: 510
its not been long since i have started investing in stocks. i am investing in companies that are into IT(information technology) business. they do provide good returns.
[QUOTE=sigs;348]its not been long since i have started investing in stocks. i am investing in companies that are into IT(information technology) business. they do provide good returns.[/QUOTE]
I would not look at that as a long term stock. You will be good making quick money off it and split it between 2 stocks from that money.
neol
Rep Points: 250
I invest in long term shares because they are more safe and yield steady return. Trading is too risky.
I have made hundreds of dollars investing in stocks and the best thing about it is anyone can do it. Seen by myself starting at 16 and making a profit from it.
it all depends really on the trading strategy you use. are you a day trader, a value investor, or what have you.
these different strategies have different ways of choosing a stock.
If a person is interested in investing in stock, what is the best way to get started?
i would say research. and then get an online trading simulation account. they give you 10k$ or so virtual money to invest so you can practice. once you are comfortable with your skills, you can go live and invest real money
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