Saturday, March 21, 2020

i have $1000.00 to invest, where should i start?

Tyler Burkman: I would invest in a mutual fund.

Stanton Valdivia: I'm a similar age to you, investing has been kind of a hobby for me since I was 18. I recommend you put it in stocks. Choose them carefully, however -- don't think you can make money by rapidly buying and selling; buy and hold is the way to go. And with a somewhat small starting amount like you've got, you need to keep your brokerage fees low. Brokerage fees are what you get charged every time you buy or sell a stock. I'd recommend sharebuilder (www.sharebuilder.com) for your purposes. They are a large company, are built for people with smaller amounts, their brokerage fees are among the very best. I started an account with them years ago with $50. I started out at 18 with even less than you've got now, and with time, I can now put a few more zeros behind my portfolio -- and soon you can too. Good luck! Oh, or even better... depending on where you live, look for a great deal on a starter con! do, if you can afford the payments, now is a good time to buy. (...Show more

Nedra Oltz: Invest it in a 6 month CD.They usually start at $1,000.00, so you're good to go.

Frederic Engellant: You can open an free Marketiva forex & gold online trading account , with $5 reward and $20000 virtrual fund for practice .Just click the following link to open an account.http://www-forex.spaces.live.com

Derick Kinnard: A thousand dollars wont get you much if you put it in CD's, mutual funds are lower risk but lower return, have you thought about the stock market? It is pretty risky right now, but in a month or less you could double your net worth to 2000 + dollars, the disadvantage is that it's high risk, but if you are willing to risk it try buying some stocks. Some Cheap stocks I recomendSBUX- Starbucks, definately will go upLVLT- Level 3 Communications CFC- Country Wide Financial [Would have made alot of I bought this stock which i was thinking about doing yesterda! y but I got scared] Went up 50 percent today,PLA- Playboy Ente! rprisesOr hold a few expensive stocks:GRMN: Garmin LTD AAPL: Apple just lost some, but is going to go back up, trust me on that oneJNJ- Johnson and Johnson is showing good growth this quater, it will probably continue to go upGood Luck investing, Hope this helped...Show more

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