I am a university student. I want to and i have researched about it recently. There are some companies i want to from.

How much should i have to invest without risking my future?

and as a first time investor should i choose or ?
BCNDQ, thanks ive never heard of Scalping, its interesting and ill look into it

 

  • Paul 12:46 am on November 7, 2009

    First of all, scalping (buying and selling short term) is a idiotic and dangerous idea for novices. Of the few who try it, probably only 20% of *experienced* investors consistently make money at it.

    Save your money and buy bank CDs ($1000). If you have less than that, then you should leave it in a bank for emergencies (car repairs, hospital bills, etc.).

    This is not a good time to buy stocks. Some people will tell you that if you try to time the market, you’ll miss the big up days where most of the profit is made. Of course, they forget that if you saty in cash, you miss the big down days as well.

    Spend about a year "paper trading." Start a spreadsheet and list the quatity and starting price of the stock you want, e.g. 5 shares of Exxon at $69.17 and 5 shares of JNJ at $50.66. Then follow these stock and keep track of the price to see how you would have done.

  • BCNDQ 12:46 am on November 7, 2009

    it depends on how much u want to wait!..bonds are good but the return is slow and small. if you have money and are willing to take risk then i might recommend looking into scalping! maybe

  • picador 12:46 am on November 7, 2009

    There is not and never has been a safe way to invest in stocks. For bonds, I think that you would need a minimum of $1,000.00 to get in. Sales commissions would snap up most of the returns you are likely to earn in the first year or two at prevailing rates.
    For now, forget investing and just save – at least until the mess left by the recent orgiasts has been cleaned up.

  • rugbyfree 12:46 am on November 7, 2009

    500 is what I invested last week…it’s up to 800+ today…now is a perfect time to invest in the banks…imo

    the government won’t let them fail

  • null 12:46 am on November 7, 2009

    I would say 5-10k would be a good start.

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