Anyone Have Stocks?

[Jextel]

Well im in college now and will get about $2200 back in Oct.. i was going to go buy a necklace but im thinkin im going to invest it in something..

Anyone know where to start? im thinking ill invest in Mircosoft, Ge ,and Google and walmart(since i work there)

when i get to work 2day im going to ask the personal lady about it the walmart stock plan thing...

I really dont want to wait 10 years to get some moola..im just lookin to double the money i put and so i can get my money back and keep the money i've made in there...

[roscoe1129]

I have 60g invested im various stock. each month I add alittle I started 8 yrs ago with 0. and with some wise investing you can go up quick. Dont ask me what to invest in as I wont say. I am not a broker and wont give advice. Just research and watch the market for a while and its all pretty self explanitory.

[Team Bassick - Kimo]

I've bought stocks through a company I use to work for. Sometimes you get a break in price or the company will match your investment. CD's and Money Markets are safe investments but, some what slow returns. Like Roscoe said examine the market and do some research. Whatever you do make sure your able to sleep at night.

[hotshot27]

if you are looking for quick money, i would suggest a CD if you are not exactly sure what you are doing. I am putting my college loan money into a CD and earning more than the interest i'm paying, so it works. But the only way to get really good at it is to watch for a while, then jump in head first. but being smart is the key thing and making yourself happy. [stocks are better for a long term investment, so you will have to ride out the highs and lows]

[Aaron813]

I will be buying a shit load of stocks in a few month when I turn 18 buy alot now and not worry about it later

[Jextel]

if you are looking for quick money, i would suggest a CD if you are not exactly sure what you are doing. I am putting my college loan money into a CD and earning more than the interest i'm paying, so it works. But the only way to get really good at it is to watch for a while, then jump in head first. but being smart is the key thing and making yourself happy. [stocks are better for a long term investment, so you will have to ride out the highs and lows]

I've bought stocks through a company I use to work for. Sometimes you get a break in price or the company will match your investment. CD's and Money Markets are safe investments but, some what slow returns. Like Roscoe said examine the market and do some research. Whatever you do make sure your able to sleep at night.

cd's are fast or slow..lol

i have been doing alot of reading and it seems stocks are a long term then..i believe CD's even longer right?

Do anyone suggest mutual funds?

[Aaron813]

cd's are fast or slow..lol

i have been doing alot of reading and it seems stocks are a long term then..i believe CD's even longer right?

Do anyone suggest mutual funds?

Stocks are long term I think CDs are fast but only if the interest is high on them

[ChevyBoy]

with cd's you can choose the length of time you want to keep it in for. cd's are giving the worst interest they ever have right now.

[trainman0978]

set up a roth IRA if you are planning in terms of retirement. Any bank can tell you about it. Like a 401K , but you pay tax on what you put in, not on your net profits basically. A 401K is good, really good, and very common among employer benefits. But, while pretax income contributions are made, you are ultimately taxed on all of your return, or gains - i.e. your profits. This can be very costly when retirement comes.

As far as just buying stock, any big name technology company, big energy ( including the oil companies ) , and surface transportation companies. Railroads and UPS will never let you down. No matter how bad the economy gets, the 4 major railroads are not going anywhere. Can you see moving a power plants supply of coal any other way?

I am partial to the railroad stocks, cause CSX alone has gone up over 20 bucks a share in the past year. Between my company stock, and my 401k invested into stocks and a few S&P and mutual funds, my portfolio has grown ( including my contributions ) to around 23 grand in just under two years

Find a good financial adviser and create a plan and stick to it.

Edited July 22, 2008 by trainman0978

[reinke]

i bought some shares of colgate, charmin, and kotex. i bought 10 a piece and have tripled my money in the last year. i am not in it for the short term but i enjoy the fact that when my son is ready for a car i can give him something.