• prabs 11:46 pm on October 11, 2009

    NYX

  • Faye H 11:46 pm on October 11, 2009

    My advice would be that before you start picking stocks, learn as much as you can about the stock market and how to pick good stocks. The Stock Market for Dummies is a good read for new investors.

    There are also a lot of good websites. Motley Fool. Yahoo Finance. And many many more. Just be careful if anyone tells you some stock is going to rocket up 300%. That is a rarity and people that buy that junk usually wind up losing all their investment.

    Right now, the best investment you can make for yourself is learning as much as you can and that is going to take some reading and research.

    Congratulations on wanting to get into investing. I’d love to see you make some wise choices and make lots of money in the market and have a secure future. To do that though, you need to learn first.

    Best of luck.

  • regerugged 11:46 pm on October 11, 2009

    I think you should consider investing in mutual funds. You get the benefit of professional stock pickers. With most funds, thre are no up front fees.
    Right now there are over 5,000 publicly traded companies in the US. There are evern more mutual funds to pick from.

  • mande95747 11:46 pm on October 11, 2009

    It takes years to know this well enough not to lose money.
    The best thing is to buy Mutual Funds, to get your money working for you, while you study to market.

    I didn’t heed to this advice, and lost a lot of money the first couple years.
    Take my word for it. If it were easy enough that beginners could succeed right off the bat, then everyone you know would be millionaires.
    They’re not.

  • jduck1979 11:46 pm on October 11, 2009

    While you’re still thinking, I suggest you have a read through these 2 sites to learn about what you’re getting yourself into:
    http://www.fool.com/investing.htm
    http://www.investopedia.com

    I suggest http://www.sharebuilder.com as the place to buy the stocks, as it’s more beginner friendly + allows you to buy shares in fractions as well as whole shares…… like if you want to invest in Google, which normally seems to hover around $475 – $500 a share, and you only have $100 to spare, you can still buy into part of a share of it.

    Companies I’d suggest researching into investing in include:
    GOOGLE Inc (GOOG)
    Toyota (TM)
    Coca Cola (KO)

  • chase11209 11:46 pm on October 11, 2009

    First of all wait for now. Stock Market is heading for a storm
    But if you can’t then large caps with dividends.

    http://www.letsgobble.com

  • alpha66 11:46 pm on October 11, 2009

    watch channel 357 on direct T.V. very informational.

  • Jeff C 11:46 pm on October 11, 2009

    Buy things that you know. I personally shout from the rafters NTDOY (Nintendo) because everyone either has one or wants one and they are just getting started with the Wii and DS systems.