I’m looking to buy some inexpensive shares from a stock that is prone to go up soon. (Aren’t we all )
The reason it’s important that I find an inexpensive stock is because I’ll only be investing 200 dollars (shutup stop laughing). This will be a short-term investment - probably no more than 3-4 months.
If anyone knows of any stocks that will be good for the sort of investment I’m making, please let me know. Also, if anyone has any tips on how I can research this stuff on my own, please share. Thankyou.
Do I need to find someone to invest with if I want to do a mutual fund? Will I still be investing in stocks?
I'd really like to keep it simple and just buy few shares first. I'm investing through my Dad's account but all the money I make will be mine (and I'm still negotiating a reimbursement plan if I lose any money. =D)
Go through the above article, especially the last paragraph. You can further research by googling for any info or news, going through that company's financial report and seeing what the senior management thinks about about the company's future growth, asking questions here or some other stocks related internet forum for things that you don't understand. That should be enough to help you decide if the company is worth your money.
Okay but…gosh I’m so darn sick of ‘researching’. Everyone keeps telling me to do ‘research’. My Dad made me ‘research’ the first few weeks before even letting me consider investing in a specific stock.
I’m investing in an index, apparently. A branch of Nasdaq
Well, I’m not exactly sure how all this works, but my Dad said he’d help me out. I’m investing in a mutual fund with my Dad and one of his pals or something (thankyou ehsan Uncle, for the suggestion). It’s at around $45 now. Let’s see this baby triple in a few months now :devil:
)
…try posting in cafe’ after every 5 minutes of watching business newz…tht’l work…
