I am 34 years old and I want to invest some $ into something a little more "risky" than say a . I understand that there’s risk, but I want to make more . Problem is, I’ve never dealt with The Market other than having a . Is now a good time to ? Do you think the economy is back on the rise ?? Please ~ Any help would be greatly appreciated !!! Thank you :o )
Thank you all SO much !!! So hard to pick a best answer !

 

  • Big Bully 1:03 pm on June 28, 2010

    Short term I would say yes, learn about the technical analysis. You can get in and out.

  • Ryan 1:03 pm on June 28, 2010

    well after a major recession there’s indefinitely going to be a recovery, so over the long term yes it would be a great time to get in. However, currently the problems in Europe, the BP spill and the job reports have created a lot of pessimism in the market. It could continue to do so, but it could just as likely start to rally back.. You should be more concerned with the specifics of the companies you purchase rather than the market as a whole. I’ve had plenty of days where my portfolio goes up significantly while the index funds and the djia have plummeted, and vice versa. Find a good promising company and stick with it. Ignore Mr. Market and you’ll do well at anytime of entry. Just remember to keep your emotions at bay and OUT of your decisions.

  • Stock Trading Warrior 1:03 pm on June 28, 2010

    Now is a good time to start investing. I would suggest a bit of education about the stock market before you begin so you get a sense of strategy.

    Learning about the stock market takes a bit of time, but it’s well worth it, and books are a great way to start. I recommend Stock Investing for Dummies (no offense). It’s good book for understanding the basics. I would also recommend How to Make Money in Stocks by William J. O’Neil. It’s also a good one because it tells you what kind of fundamentals to look for in a stock, a bit about how to look for patterns in stock charts and how to protect your capital. It’s the first book I read when I started my stock trading and a very good start for stock investing or trading. Any questions about terms or anything go to Investopedia online.

    The great thing is that while you’re learning, you can “paper trade” as you begin to learn strategies. That’s basically where you keep a fake portfolio of your trades. This will give you time to really think about how your want to invest/trade stocks, control risk, position sizing, set goals, monitoring your progress, etc.

    I definitely recommend going ahead and opening an investing account to gain access to stock market information, watch lists (fake portfolios) and tools you can use as you begin the stock investing process. You can also familiarize yourself with the broker’s trading platform so when you begin to trade you’ll have familiarity with how a trade is placed and have access to any resources related to the beginner investor.

    That is so great you are interested in investing because when you learn how to invest you do it for yourself, your family and you act as an example to those who know you. Learning how to trade or invest will serve you your whole life!

  • NUKE 1:03 pm on June 28, 2010

    I would recommend investing in ESRX stock. Express Scripts is a pharmacy benefit management (PBM) operating in North America. This stock has recently traded in a tight range of 49-53, but today it just "broke-out" to 54. This stock just recently had a stock split, which didn’t change the valuation (it just makes the stock seem more "affordable.")

    The main reason I like this stock is because it is a timely stock, as well as, a very highly rated growth stock. The market has been very volatile over the past few months, but I feel this stock is a market leader and will not succumb to downward and volatile market pressures. S&P gives this stock a 5 star (highest rating), IBD rates it as a Top 100 stock, and Value line Research gives the company a "1" timeliness (best rating).

    Again, I hope this helps, and I feel this will definitely give you a good reward-to-risk ratio. If it makes you feel any better this stock accounts for the highest % in my portfolio.

    Lastly, don’t just take my word for it. I recommend reading up on the company and making your own decisions.

  • Kaylah Reid 1:03 pm on June 28, 2010

    http://freestockmarkettips.info/ has a lot of good stock information, tips, and you can even have up to date stock information emailed to you as soon as they are released. Also, they have penny stock alerts to be on the watch for.