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Can you recommend me a stock please? |
i want to buy a stock for investment. ($2000.00) thank you With $2000 to invest, there is a great deal of risk in investing in just one stock. It might go belly up despite the most glowing predictions to the contrary. A less risky course is to invest the $2000 into a mutual fund where you will get a ready made diversity of investments and reduce your specific risk greatly. You can go to Yahoo finance and do a screen of mutual funds that have a $2000 minimum investment. Look into PVX and ALD Haven't you heard of the Great Depression in the 1920's? There's a reason you have to use a broker to invest I guess by now you have made up your mind and have commited to riking 2000 on the stock market i personally think don't buy shares rather get options or cfd's higher risk but larger returns the highest profit you could make would be maybe at most 7% with stocks try also seeing a financial planner they could offer some other investment vehicles, try not to rush it anyways having given my advice go with BHP they okay fairly stable ming company You do not need a broker to invest in stocks. Many large cap companies have dividend reinvestment plans that allow you to buy the initial shares directly from them. Just click up their web site, mostly www.(company name).com then find the e-mail address or phone number of their investor relations dept. and ask. SPY. Instant diversification. I agree with the last posts, do not buy just one stock and hope for the best, try to buy a mutual fund or an index stock such as QQQQ (top 100 nasdaq stocks) SPY (spyders, index on the SP500) ot DIA (diamonds, index on the DOW I think) DIA. |
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