ANSWERS: 18
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is this a serious question? silver, or any precious metal. platinum. gold. silver dollars.
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Gold or platinum :)
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Gold is safe...diamonds are good too... but you want stocks right? I rode this penny stock on a 1000 dollars "CVSC", it went from $1.19 to $3.51, I bailed out a $3.19. I made 2 grand on it, and then I was done with stocks. You have no idea how stressful it is. I still have $500 invested in Microvision (MVIS) which seems to be getting lower and lower now, but once they release their long waited product it's predicted to go up like Apple did. Recession is killing a lot of stocks, but one market you can invest safely in is environmental products. Specially if Obama gets elected. In that case you should also avoid spending in pharmaceutical companies. So it depends, are you in for a ride or would you rather gamble?
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Tater Tots and Miller High Life
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Gold
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If you are willing to go long and you insist on paper, Canadian oil stocks tanked since May and are now a great bargain. They pay 97% out in annual dividends and if you are in the US and stuff them into your 401k, you won't be paying taxes on the payouts. No matter what happens to the world economy, we are not done with oil as a primary energy source and demand will rise. Just sit on 'em. Otherwise, buy gold or silver. The buy price for silver as of today is $12/oz. You should do very well by late Spring when depressing 2009 first quarter stats come in behind the horrible Christmas consumer stats, pension funds tank, unemployment registration hits an all-time high and the foreign debt debacle becomes excruciatingly evident. The problem is, if you trade the metals in for dollars, the dollars may not be any good. Good Luck.
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kispy kreme. america is a "growing" nation! lol!! will you answer mine?http://www.answerbag.com/a_view/4225839
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pawn shops
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Automatic weapon manufacture. ;-)
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Four grand is not a lot to invest in individual stocks. By the time you pay the in and out, you'd be better off finding a mutual fund fully invested in stocks of your choosing and then you'd have a diversified portfolio.
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The other day I ordered some parts for my system....a nut for ~$150! I could have gone to Home Depot and picked one up for .23 cents! Invest in nuts and bolts!
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General Electric
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Advice on penny stocks is not advice I would give you. If you want to buy low-cost stocks, check Fidelity Funds Low-cost stock mutual fund. It's done very well in the past. I'm not sure what it has done recently.
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The market is getting toppy. Wait until the imminent sell-off is over, which should be in a week to 10 days or so from now. (Yes, I know the market has been going up for several days, and that's precisely the point, it is getting overbought). You are likely to find prices cheaper then, and you will need to do some stock screening. I suggest you try this FREE stock forecast website: http://ForecastS.Com
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I read most of the other answers. Many of them suggest a specific stock. You shouldn't take anyone's advice about a particular company or stock until that stock meets all of your crit4eria. Then timing your entry important. In the beginning, you should investigate the different investments you have available to you or have an interest in doing. Make THE BEST investment you can: Invest THE TIME to educate yourself. Do on-line searches; read books; enroll in investing and finance classes; seek out and use mentors and coaches; ask Qs about those investments which truly interest you: stocks, options, currencies, commodities, bonds, etc. Once you have that knowledge, no one can ever take it away from you. In the beginning "newbie" traders & investors DO NOT INVEST any money. You should LEARN HOW: A] The 4X market works. B] To invest in many, many various ways. C] To properly trade D] To properly manage the money in your trading account. Read the very basic books about what the different investments are, how each investment works and learning how to trade that investment. As you read & do research about the investments you are interested in, sometimes you'll come across a financial or investment term you never heard before. Use an on-line investing site or an investment dictionary. There are also free sites where you can set up a virtual account & almost trade as though you were trading with real money. Since Google is providing the ads for this site, you can do a Google search for those. There are quite a few of them. You might want to try a few different virtual trading sites, THEN make your selection. You should stay away from "cheap"/inexpensive stocks. This includes "penny stocks" or "penny shares". In brief, any stock less than $15. Those stocks are far too risky. It’s better to invest the same amount of money in fewer shares of higher-priced stocks, instead of a whole lot of shares in the inexpensive stocks. A SIMPLER WAY TO TRADE: This is what I learned about the market and trading, in general: 1] I read a little about the overall market and how it works. I read about different aspects: mutual funds, currency, commodities, stocks and options. 2] I asked Qs of my coaches and mentors; suggestions were made to me. 3] THEN I read and studied about those areas which interested me. 4] I concentrated on those areas which interested me and which fit the amount we had to work with. 5A] For those strategies I felt comfortable with, I developed trading rules. For those strategies I didn't know anything about, I developed some trading rules. 5B] I discovered I only needed trading rules for 4 to 6 trading strategies. 6] Using those rules, I did "virtual trading" or paper traded. 7] When trades went against me - when I lost money - I adjusted or "tweaked" those rules for that strategy. 8] I paper traded - again and some more. I paper traded until the original amount in the account doubled. 9] I made further adjustments. 10] I’ll admit I didn’t do enough research for the right broker for our trading needs, wants or desires. However, the one we decided to go with is OK – but not the greatest AND definitely not the least expensive. Yet, the actual trading account was opened: As a speculator, with margin, with the approval to trade options. 11] Yes, it was VERY scary AND I was VERY apprehensive: BUT, I MADE THE BIG JUMP: Going "live" - in-the-market - with real money. I lost some money. NO ONE ever succeeds in each and every trade 100% of the time. A] BUT I didn't use the entire amount of the account's money on one trade. I learned HOW TO properly manage the money in the account. B] I lived to trade another day. AND I continue learning and living to trade other days. C] AND YES, I STILL have a few losing trades. BUT my winning trades are A WHOLE LOT more than the losing trades. In the U.S., there are a few requirements: 1] YOU NEED a broker who is familiar with trading options! You find out this information by going to different brokers' sites and looking at the FAQs. You are looking for a Q about an "Options Desk". You could also e-mail that broker to find out whether or not they are familiar with 4X and its trading options. Most brokers know about "Covered Calls". This is a very basic options trading strategy. This is where a broker's knowledge about options is important: When you become familiar with Covered Calls, you MIGHT want to consider testing other options strategies. 2] To give yourself the most flexibility - without depositing the large amount of money you need to do day trading, active trading or "scalping": Here is THE KIND OF TRADING CCOUNT YOU SHOULD HAVE: You want to have a "speculative account" or you want to trade as a "speculator". with margin AND with the approval to trade 4X and it's various options and strategies. IF you get any other type of trading account, you MAY BE restricting your ability to trade options. As far as the training to trade 4X is concerned: You can learn about trading 4X by doing a web search for "4X education". Your broker might have education or training through paper trading on the broker's site. Before going "LIVE, in-the-market" with your real, hard-earned money, you should develop trading rules for yourself, follow them and "tweak" or adjust them. THEN you follow them; you should paper trade or virtual trade over and over and over and over and over - again and again and again. For your financial survival and the ability to "live to trade another day", THIS IS CRUCIAL: YOU NEED to discipline yourself about money management! "Newbie" investors & traders ALWAYS make mistakes. In fact, throughout a person's trading hobby, avocation or career, he/she makes mistakes. BEFORE GETTING into any trade - real or paper/virtual: How much are you willing to lose on that trade? Once you reach that loss amount, you "pull the plug" and get the devil out of the trade! Don’t look back. Move on to the next opportunity. You do the same with how much you want your profit to be. Once you reach that amount - your "target", you "pull the plug" and get the devil out of the trade! In other words: Plan your trade. THEN trade your plan AND stick to it! Thanks for asking your Q! I enjoyed answering it! VTY, Ron Berue Yes, that is my real last name! Sources: My wonderful family! My wonderful coaches and mentors! TWO [2] of THE ABSOLUTE BEST, MOST wonderful trading groups in the world, which I am most proud to be a member of! Trading stocks and options more than 2 years. "THE University of Hard Knocks"
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DONT BE FOOLISH, YOU'D LOOSE IT. FIRST SOMEONE HAS TO BUY HEAVY SO PEOPLE LIKE YOU CAN INVEST AND MAKE IT WORK FOR YOU. AS IT IS NOW. THE ONES RESPONSIBLE ARE STILL MAKING SURE OUR ECONOMY STAYS DOWN, THATS WHY YOU SEE SOMEONE TRYING TO START IT AND THEN SOMEONES DELETING THE PLUS. IT NEEDS A BIG INVESTMENT TO MAKE IT WORK FOR THE GOOD OF THE COUNTRY OTHERWISE YOUR JUST THROWING YOUR MONEY AWAY. HAVE A NICE DAY. MIKE
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It is best to keep out the stock market now as the condition of the economy continues to worsen and stock is likely to slide further.But if you want a good gamble, maybe buying United States Steel is a good choice. Maybe there will be some rebuilding and construction projects to boost the economy or provide employment and steel industry may boom in years to come.
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the best to invest that safe, you can visit myfxfunds.com for more info
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