1. Your Questions About Invest In Stocks Beginner
Mandy asks…
What are some good beginner stocks to invest in?
I'm looking to invest about $500 in stocks.
Steve Winston answers:
My advice is save up 1000 and buy the Royce low priced fund. Symbol RYLPX. As one of the
other posters stated this is an excellent small cap fund.
Should you wish investigate an online broker which I do not recommend with smaller sums of
money check out the second URL on selecting a broker.
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2. Charles asks…
I am investing in stocks - beginner - what's the best investment
company right now...for a conservative?
I am looking to invest like a hundred dollars a month - maybe like low to medium risk
companies. I am brand new to this and would like some pointers, thanks!!
Steve Winston answers:
Without having more information about your personal information, such as age, current income
and other data such as risk tolerance, martial status, and demographics it would be very
inappropriate for me or any other person to provide specific investment information in this type
of media
There are many people just like you that are, or were looking to invest and those that did bought
Mutual Funds and/or Exchange Traded Funds (ETFs). One purpose of mutual funds is to help
investors like you, who are either just entering the investment world or who have no investing
experience. Once you feel you at least have an understanding of investments you should look
into ETFs which are similar to mutual funds but are traded on the exchanges.
Mutual Fund companies as well as ETFs have an entire array of products many will fit your
needs. You can go to the MSN.Money website
http://moneycentral.msn.com/home.asp it has an entire section on mutual funds and Exchange
Traded Funds. Read about the various products and in doing so you will be getting investment
ideas and at the same time educating yourself about investing.
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3. You could also contact the funds companies for more information. I have found that Vanguard &
Fidelity can meet your needs for mutual funds. The service and information they provide is all
free and you will find it helpfu
Helen asks…
Which is better to invest in if your a beginner in investing? Stock
or Mutual Funds?
I am only 16 and i want to start investing. I have been resarching since the summer and I have
money saved up in my savings account to start investing.
Steve Winston answers:
Mutual funds in that they are already diversified and they are professionally managed.
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