What stocks should I invest in?

Question

I haven't invested in any stocks yet. I want to begin, when and how should I go about it, and what stocks do you think I should invest in?

Answer 1

You should invest in at least one oil exploration stock. Check out symbol HDY. Go to investorvillage.com for more info. Good luck!

Answer 2

Everyone has an opinion.  I always suggest getting a basic guide to stock investing like Stock Trading for Dummies or Value Investing for Dummies.  They are easy to read and give you the basic tools to pick a stock trading/investing style and explain the basics of buying/selling stocks and market structure.

Some posters advocate opening a "play money" account by buying stocks in a sample portfolio to see how you do.  But if you don't read up on the basics, then the performance of your portfolio doesn't mean much.

If your test portfolio shoots up 30% in two weeks:

Did you pick great stocks, or did you get lucky?  How do you know?

Do some basic reading.  Investopedia.com has some nice free tutorials.  Your local library may also have some excellent free resources.

Answer 3

Follow Motley fool caps. Motley fool is an all-in-one website. Good for you.

Once you're in, you can take some risk and trade into high movers like EMVL, JUNI.OB, etc.

Answer 4

Are you able to invest right now? By this, I'm asking if you have already established an emergency fund, in case of job change or loss, lifestyles changes, or other unexpected financial crisis? If so, great! Welcome to the Club!

Starters need to do homework. And they need to know how averse to risk they are. Just getting in... start with a mutual fund index to the S&P 500 (you may want to wait until the market stabilizes, after the election!)

Or better, put your investment in a money market or short term CD. The market as a whole is not stable, so "putting your cash into cash" may be your best bet for now. Then study companies you yourself are already familiar with, their fundamentals, and what your favorite analysts are saying about them. But have fun doing it, too.

Good luck!

Answer 5

Robby, for the answer to your question, I recommend you see a stock broker or an investment counselor. I am not NASD registered, so I would be, or anyone else who is not licensed would be, breaking the law in giving advice on investing in stocks.

If you are going to invest in stocks, I wish you the best return on your investments.

Idea: You are young, ambitious, and I believe you could be very successful in the world of finance. Why not become a stock broker? Google "How to become a stock broker" for info.

Best wishes, and God bless.

James M.

Answer 6

this is a bad time to invest any money at all,

Answer 7

Bad question for the masses. Go to investors.com and do homework on investing, practice on paper. I would recommend a paid subscription to this site. Stocks change, philosophies should not.

Answer 8

I like Monaco Coach (MNC) - $4.45 a share.

I would read The Intelligent Investor first though. Pay close attention to what it says about net-current asset and what a company is worth to a private owner.