Im new into buying stocks. I havent bought any yet, so which shares should I buy first?

Question

Which company should I start out with as a starter? How much profit could I be making?

Answer 1

buy GOOG

Answer 2

Please choose only mutual funds until you learn the stock market, they are spread out over several, sometimes hundreds of well known stocks, your losses will be minimal. i started with zecco.....still use it, still very happy. only ones with no fee for stock trades, and no minumums. all the others will charge you fees for trading, but compare and see for yourself!

http://friends.zecco.com/r/a7a2877caab81...

Answer 3

Look, if you're starting in the stock market, i recommend you to buy penny stocks, low cost and big profits using a newsletter:

I invest in stocks all the time, I'm subscribed to a newsletter that tells me the best small caps to buy each week, it works very very good, follow their recommendations and you'll profit big, take a look and decide for yourself here's the website:

http://www.robot4trade.com  

Answer 4

Before you buy some stocks, you should definitely acquire the appropriate knowledge through books and online tutorials.  I would recommend that you take a look at Investopedia ( http://www.investopedia.com/ ).

Next, you will need a broker to make your transactions.  I like online discount brokers because they tend to be cheaper.  I currently use Firstrade ( http://www.firstrade.com/ ) and have been very happy with them.  You might want to consider using them as well.  However, I would not recommend using Zecco because you do not get free trades unless you deposit $2,500 or more.  Plus, you will have to deal with a beginner-unfriendly interface.

Remember, you might not even make profit on the first run.  Your company could be a winner or could be a loser.  We learn from experience though.  I can't recommend a specific stock to you, but I can give you alternatives to stock investing.  You might want to check out mutual funds and ETFs as well.  Good luck.

Answer 5

Buy the stocks that will go up. Here's my advice, buy low & sell high.

Oh, how does one know which stocks will go up?........Exactly

Even money managers who buy & sell stocks for mutual funds for a living have lost $$ over the last year.  And you wanna start swimming in shark infested waters?

Put your $$ in an insured bank CD. You won't get rich for many years. But then again you won't get poor in a few weeks as you could with stocks.

Answer 6

Start with Exchange traded funds such as SPY, MDY, QQQ.

Answer 7

Don't focus on how much profit you can make.    You'll always hear of someone making a killing and you may try to follow them.  Odds are, they're either exaggerating  or they made their money and got out - and the stock they bougth will not do as well in the future.

  

A good way to start is a total stock market index, such as Vanguard ETF "VTI".  It is a reflection of the entire stock market - so if the market makes 10%, so do you. If it loses 10%, so do you.

  

If you find a no-load mutual fund which reflects the market, you can invest in it on an automatic, regular basis (Dollar Cost Average).  This may be the best way to make money over time.  The market averages about 10% per year, over time.  There are down years (2008) and up years.  The average in the end is 10% gain.

Read a book by Benjamin Graham to get more insights.

  

Good luck.  Live long and prosper.