Should I invest in a vast amount of stocks?

Hi I am trying to get an investment startagy going, is it best to invest in a wide range of stocks under say $1.00/shr or would it be better to invest in a few $2-5 stocks?

I am asking becasue I have about 20 trades doing in but they are for low cost stocks each seem to be good companies or at least have the potential on being the cutting edge. or should I concentrate on higher $2 -$5 trades?

Disregard whether the price of a stock is high or low. As for vast amount of stocks, if you are fairly young put all your money in stocks, divided over several companies and industries. If you are just starting, start with a very few strocks and add more later. After the number gets to about fifty, there is full diversification and concentrate on those you already own. At first, pick a company that has a record of increasing dividends. Reinvest the dividends and add more shares periodically. Hope that the stock price goes DOWN so that your following purchases and reinvested dividends buy more shares. Then do the same with a second company in another industry. Then another. Those folks that are greatly concerned with stock price changes and hope the price goes up are not investors but speculators, and speculation is a losers game. Be a long term investor. It takes awhile but you will be highly likely to end up quite well off.

The bear is here---put it in a sock, and keep it under the mattress.

"investment startagy"??? What's that? And do you seriously want investment advice from strangers on Yahoo!Answers?

Diversifying your investment across multiple stocks in multiple industries is a good idea, but stocks priced that low are generally very risky investments (especially the ones under $1).

My recommendation for anyone with less than about $25000 to invest is to buy mutual funds or an index-base exchange traded fund (ETF) like ticker symbols SPY, MDY, or IWM. That gives you diversification with just one trade required (which saves on commissions).

Oh, and I personally wouldn't buy any stocks until the correction that started a couple days ago is over, which I would guess will be at least two months.

Cost should not be a factor in investing, That is low cost shares or high cost shares does not make the investment sound.
Investment should be based on profitability, and whether the company is growing, and increasing their earnings every year, is it paying dividends and are they increasing regularly.

Dont get penny stocks

You want quality stocks, not quantity.
Afer all profits come in form of a % of your investment, not from the actual number of shares owned.

Trade some index-ETFs like SPY, QQQQ, DIA, after all you want to know where the market is going to plan some strategies according.

I suggest diversification of your investment should be done to minimize the risk.Before buying any stock research about the past performance of the company.Stocks are great when it comes to good return, but risk is high, and it needs a wide understanding about the market To learn how to pick the best stocks check the website link below

http://www.smart-investments.org/Best-St...

http://money-review-site.com/shares.html

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yes, multiple stocks. They call them mutual funds.