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I am a high school student, looking to start an investment in one company or another. I have about $100 to invest and I was wondering if anyone had any suggestions for a new investor. (I have no experience whatsoever) If you know of any Companies with lots of potential, or any websites that offer help, it would be great if you could help me out. Thanks! $100 is really not enough to invest into a company. If that stock takes a minor point dip, you loose. My advice depends on your particular situation. Can you afford to lose the $100.00? $100 is not really enough, but it will do. Just open a Sharebuilder.com account and it only costs about $4 for auto investment. Use the auto investment for only 1 time. Pick a stock like Yahoo, Google, Microsoft, Intel, etc. If you are learning about the market, and looking for good investment ideas, I think the best thing to do is see what the best traders are buying and selling and why. You can find this information at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends. |
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