I bought some stock, now what?

Question

I bought some stock (first time). Now what do I do with it? Do I hold it, and for how long? When do I sell it? Will it go up in value every year that I hold it? The stock is in Walmart (WMT).

Answer 1

Walmart!  Oh Good Lord!  I made the same mistake as you. (20 years ago and lost my shirt ; I watched it go up and put in a request to sell; by the time they sold I lost a lot of money.)WalMart spends all their profits in remodeling and reopening stores; never showing a profit. I don't know how many decades they have shown no profit.

My daughter bought stock in their company when she worked for them. The only way she broke even was due to the fact that they gave her a discount price.

In this economy you may want to consider selling it since they have had a very bad year and putting it in a FDIC bank; at least you will make some money and not have to pay the fee (fee for selling your stock).

Don't buy stock unless you can afford to loose the money!!

Answer 2

if you owe any money, sell the stock and pay your debt of.

If not and if you don't need it, forget about it or sell it and buy a CD.

Only people, who work with other peoples money, like Warren Buffet or the traders on Wall Street make money on the stock exchange.

Don't believe in that long term c**p

Answer 3

Well surely you thought that WMT's shareprice would do well otherwise you wouldn't have bought it in the first place. There are a lot of websites which can give you views on WMT for FREE so check these out:

http://www.stockconsultant.com/consultno...

http://markets.ft.com/tearsheets/analysi...

There are many similar websites, but I suggest you do some basic research on the company next time before you go buying it up. And read some books on the topic if you're not too familiar with what you should be looking for in a stock, by the sound of it, I don't think you're very experienced or knowledgable about stock investing - correct?

I can recommend some more useful sites if you want. :-)

Answer 4

Now what = forget about it! Hold the stocks for the long term.

The stock market is volatile, and owning individual stocks is even more volatile. Walmart could easily have some bad years when they go down. They are a fundamentally strong company, though, so they should go up over the long term. I would suggest, however, that in the future you should buy no-load, low fee funds rather than individual stocks. They tend to have the best returns over the long run because it takes out a lot of the "emotion" that can cause people to make bad stock decisions.

I hope this helps... good luck!

Answer 5

Walmart is a long term investment, for those that like long term investments.  It is held by many institutions and, in the long term, will be a profitable investment,

No one should every buy a stock without knowing when they are going to get out of it.

It would be in your best interest to learn a little bit more about investing before you spend any more of your hard earned money,

Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance.  (http://moneycentral.msn.com/home.asp http://finance.yahoo.com/ )

While at MSN following the strategy lab analysts to get a feel for what the pros are doing and why.  This site has some basic information for beginners. If any site offers free information, take it.

Other website that can provide instructions and help with procedures and terminology are

Investopedia - http://www.investopedia.com/  Stock Charts - http://stockcharts.com/

http://www.investorshub.com/  http://www.1source4stocks.com/



Visit some of the more professional websites like Zacks - http://www.zacks.com/

Smart Money - http://www.smartmoney.com/  Schaeffer’s – http://www.schaeffersresearch.com/

Some of these web sites will have advertisers who are worth looking into also.  And remember, if they offer free information, get it.