Rona Ising: skip stocks and mutual funds and look at ETF's (electronically traded funds), they give you the advantages of stocks with the diversity of mutual funds. you can invest in sectors ie healthcare XLV, utilities XLU, energy XLE, retail XRT, industrials XLI, materials XLB, consumer staples XLP, consumer discretionaly XLY, and technology XLK. there are mayn ETF's ( look under yahoo finance under the ETF tab. the ones mentioned above are the big ones. buy low and sell high. use stops and targets.buy when you don't want to and sell when you don't want to. the thought process should be similar to a sale at a store but with stocks your mind works just the opposite. your mind and emotions tell you to buy high and sell low. it takes a while to get the correct mindset.good luck and don't give up!!...Show more
Cassey Hollinghurst: I would highly recommend stocks!The best is scottrade because its the cheapest overall. If you follow these steps, you or anyon! e can get 3 FREE trades. 1) Go to scotttrade.com2) Select: open a new account and begin filling out information3) Select "referred by a friend" and enter the promo code: XOQL65784) Complete the remaining information neededAnd then you will have 3 FREE trades my friend (worth $21.00)!...Show more
Billie Bratchett: Consider starting with SPYS&P 500 etf.It will allow you to diversify, since you only have 2 grand.
Florencia Manolakis: To invest in stocks, you will have to do your ownresearch and deal with a broker that charges a feeof some kind.Investing in mutual funds. The fund manager does thepicking of what goes into the funds portfolio. Thereis usually a small yearly fee.Not really having enough money to start, I would suggest a fund from American Century, they will letyou invest in small amounts until you reach the fundminimum. A company rep, will help you get started.phone 1 800 345 2021If you have a job, make sure you use the Roth IRAalong with your investm! ents....Show more
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