Question:
Good place for investment ideas...?
su37_berkut
2009-11-09 18:54:52 UTC
Hello,

For a couple years now I've avoided dealing with publicly traded shares due to the stresses of the stock market. Now I'm looking to begin investing again, as there hasn't been a better time. The problem is, I feel lost about where to put my money in. I know I want to put stocks into my portfolio, but I've lost my feel for the market.

My question is, what are the best websites I can go to for investment ideas? Has anyone tried using the indexes or top stock picks on some websites, and were you successful?
Five answers:
2009-11-09 19:48:27 UTC
I like small cap mutual funds at this time.

In times of economic recovery small cap funds tend to do the best. Most investors want the best returns in their portfolio as they can obtain. Stock picking in small cap funds is more critical to getting handsome returns than large cap funds. In the early stages of an economic recovery and even well into the recovery small cap stocks outperform the total market.
Answer Me
2009-11-09 19:47:07 UTC
Pick up a few books and read up on stocks. Go for low risk, low yield stocks first since you are new at this. Read as much as you can and watch youtube videos and documentaries. If you find the topic interesting then open a brokerage account somewhere and start buying stocks. Don't open a forex account, I know lots of ads are out there promoting forex but trust me stocks are much better and safer to start out with.



Step 2. Sign up with an online broker. (you can do this the same time as step 1 as long as you don't jump the gun and start trading without some basic skills)



I recommend a low fee brokerage like sogo who charge $3 a trade and also give you 100 free trades to start so make your first few trades really small ones.



https://www.sogotrade.com/Setup/Default.aspx?rf=392837



While you are learning about stocks also read up on options. That is a must if you want to be an investor. Take a look at LEAPS, you will be glad you did.
2009-11-09 20:50:28 UTC
here is a service I use that provides you with trading strategies for Income and Growth. You get a free 3 week trial so you can paper trade and make sure it is right for you and that it works! You can find it here:



http://www.stocklocater.com/insider/



There is also a proven track record which you can view here:



http://www.stocklocater.com/results.html



If the idea of sitting at home in your PJ's, and making one trade a day online that nets you $200 per day is appealing. You can go to this website and watch a free video that explains the trading strategy:



http://www.tradestocksforaliving.com



I signed up for the free training and generated over $1,800 in income over a two week period and I worked maybe only 2 hours trading. Talk about earn while you learn.



I suggest you look at these two, and since they are free to try you can't lose.
carjis
2009-11-09 19:23:15 UTC
I have been keeping an eye over Shoregold Inc. This company has emerged from dust to being in the process of building a plant in Saskatchewan which shall be completed with a few years. If you are looking to kick in for a long term do your Due Deligence on this company and deermine invesmtent for yourself but I would highly recommended this company. As far as your comcerned about the websute take a look at these may help :) good luck!!



TSX: http://www.allpennystocks.com/aps_ca/hot_tsx_stocks.asp



Nasdaq:http://www.allpennystocks.com/aps_us/hot_nasdaq_stocks.asp
2009-11-10 05:45:39 UTC
If you are looking for information on the markets, try Forexpros.com, CFDsPros.com and Futurespros.com.



They have information on the leading stocks but they have much more than that - economic calendar, educational articles, information about brokers etc.


This content was originally posted on Y! Answers, a Q&A website that shut down in 2021.
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