I need some help with stocks!?

Question

I am a 19 year old college freshman this year and some extra money and a hobby would be cool. In one of my classes last year we learned a lot about stocks and I did really good in the stock game. haha. I want to invest some real money into a real stock. I need some help getting started though because I don't know what stocks are actually GOOD to get into. I only want to start out with around 250 dollars then add to it every few months.

PLEASE do not just go on msn or some other website and give me the top ten. I've seen those all a million times. I am looking for a really good stock. Please tell me why its good too! Ten points to the best answer.

Please & Thanks!! (: (:

Answer 1

The first thing you need to do is check and see what stocks you can start out with for $250.00. Lots of stocks require more than that to start. Some will let you start by agreeing to make a monthly payment of $25.00 or $50.00 etc. for a certain amount of months. Some stocks will require a stock broker to buy their stocks. So there are many different things you have to look at rather than just buying a good stock.



There are a lot of good stocks to purchase. When I buy stock I keep in mind what type of stock it is and how it is used. I like to buy stock that people use often.



Hope this helps some. You can go on and on talking about buying stock.



Hey dumb-*** Mike, I did not say that you could not buy stock for $250.00, I said some stocks you can't start buying with $250.00.



By the way I got hundreds of thousands invested. How much do you have invested?

Answer 2

OK first to the guy who said some stocks wont let you buy with only 250 bucks you dont know what your talking about that would be called a mutual fund with a min investment requirement a stock itself you can buy any amount at any price assuming the price is of course below 250 bucks you want to stick with cheaper stocks because the more shares you have the more money you will make i think citigroup will be a good buy around the $7 range i think as a longer term hold that would be a good idea i use scottrade for my trading its 500 bucks min account most require 1000 and its only 7 bucks to trade i am also a 19 year old freshman attending UNC so i can see where you are coming from i think citi will be a nice play for you, if you need any more help or advice i have yahoo messenger my SN is treizelord send me a message

Answer 3

I admire your interest and sincerity. Your initial investment is small but it is a start. You may want to consider Nestles, they are the largest producer of food in the world, have good & reliable earnings growth, they pay a dividend, they have very low levels of debt, they have experienced managers, they will not be going out of business, and they make the very best chocolate! What more could you ask for? Ever hear of:



Friskies, Kit-Kat, Poland Springs, Dreyer's, Purina, Stouffers, Carnation, Jenny Craig, Juicy Juice, Vita Life, Alpo, Butterfinger's, Coffee-Mate,



they are all Nestles and there are 1000 more brands. This is a conservative growing company and it deserves your consideration.



Best of luck to you, good question.

Answer 4

it is the right time to invest in the financial stock because you will get in a very economic rate and the another reason do something different from others if you want to earn good return from stock market.