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Issac Lindsay
Joined: 08 Nov 2007
Posts: 2082
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Posted: Wed Dec 12, 2007 7:24 pm Post subject: I am a single mother that needs info on stocks.? |
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| I dont know anything about stocks. I dont know where I should go to do my research on that subject. Im trying to give something to my daughter when she grows up....... |
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Big Inc.
Joined: 08 Nov 2007
Posts: 2120
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Posted: Wed Dec 12, 2007 7:24 pm Post subject: I am a single mother that needs info on stocks.? |
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I could propose a no load mutual fund. they're managed by investment professionals. decide one that has a lasting capital growth objective. You may think about one that offers a systematic investment plan.
There are hundreds to decide from.
P.S. I bought stocks on my own and have lost money on most of them. I have made lots of money on my mutual fund investments. |
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Importer
Joined: 08 Nov 2007
Posts: 2161
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Posted: Wed Dec 12, 2007 7:24 pm Post subject: I am a single mother that needs info on stocks.? |
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| My best advice is 1st to start reading the Wall Street Journal every day. |
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Lorenzo Kelly
Joined: 08 Nov 2007
Posts: 2097
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Posted: Wed Dec 12, 2007 7:24 pm Post subject: I am a single mother that needs info on stocks.? |
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There are lots of ways to pick stocks. Any of the big businesses will have at least SOME info available for you online. The one that springs to my mind 1st is Fidelity Investments, they added something knew called the Trading Knowledge Center to help teach clients about investing in individual stocks.
I could think about a couple of factors, although. 1st, are you sure that stock is best for you? could it be better to get a diversified mutual fund to mimize the risk of the investment? if it's actively managed or passively meaning an index fund you get the benefit of others picking your stock for you with minimal cost.
If you're focused on the idea of individual stock and dont want to take the time to go out and learn much, think of it this way purchase what you know. What kind of soda do you drink, Coke or Pepsi? What brands of cleaning supplies do you use, what kind of car do you drive? Where do you shop? If you feel confident enough to use up your money there, why not invest in the fundamental company? Just a thought. |
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Nobody
Joined: 08 Nov 2007
Posts: 2100
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Posted: Wed Dec 12, 2007 7:24 pm Post subject: I am a single mother that needs info on stocks.? |
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If you want two examples of stock research and what goes into it, I have reports free on my web site at valuestockreports.com/stockre.
If you email me at research@valuestockreports.com, Ill do my best to assist you in the learning procedure.
Best of luck. |
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James M
Joined: 08 Nov 2007
Posts: 2119
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Posted: Wed Dec 12, 2007 7:24 pm Post subject: I am a single mother that needs info on stocks.? |
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Get to the library.
check out fool.com/
it and other sites just have to look for them has tons of info for investors of all types of competence.
GET A FINACIAL ADVISOR
ask your friends/ coworkers who they trust. |
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BlakeB
Joined: 08 Nov 2007
Posts: 2071
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Posted: Wed Dec 12, 2007 7:24 pm Post subject: I am a single mother that needs info on stocks.? |
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| i could propose you read Jim Cramer and watch his mad money on cnbc |
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905guy
Joined: 08 Nov 2007
Posts: 2115
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Posted: Wed Dec 12, 2007 7:24 pm Post subject: I am a single mother that needs info on stocks.? |
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For general investing info: fool.com
My reccomendations are
#1, if you may be able to pay for to invest at least $500 at a time, invest in an S&,P 500 index fund an ETF .
#2, if you need smaller investments, find a no load/no transaction fee mutual fund that's depending on the in general market and lets small investments
Anything that doesnt seem right, search on the site above and it'll. |
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Gambles
Joined: 08 Nov 2007
Posts: 2023
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Posted: Wed Dec 12, 2007 7:24 pm Post subject: I am a single mother that needs info on stocks.? |
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| Mutual money are great for lasting investments. also to Cramer. I could watch CNBC fast Money, FOX Saturday Business Block. Morningstar.com has a great tutorial for learning about stocks, bonds, mutual money etc. |
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Fredric Richards
Joined: 08 Nov 2007
Posts: 2112
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Posted: Wed Dec 12, 2007 7:24 pm Post subject: I am a single mother that needs info on stocks.? |
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| Get this book. Parlay your IRA into a family fortune. by Ed Slott |
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Evelyn Rice
Joined: 08 Nov 2007
Posts: 2103
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Posted: Wed Dec 12, 2007 7:24 pm Post subject: I am a single mother that needs info on stocks.? |
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Open a brokerage account at Zecco and invest in the ETF DIA every week.
By the time she goes to Harvard she'll have millions. |
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