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Investments Discussions and questions about stock market investments, tax free savings, and high interest savings accounts.

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  #1  
Old 09-08-2006, 11:05 AM
palefrost palefrost is offline
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Default Newbie to investing

I havent really invested yet and im just starting to build up a few hundred a year. What would be a good starter investment for just a few hundred a year investment?
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  #2  
Old 09-09-2006, 08:54 AM
DJDizzy1 DJDizzy1 is offline
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Default Re: Newbie to investing

What about CD's? I guess it depends on wheter you want access to your money. I know they have high intrest rates so you can make more and the ones I checked into had plans as low as one year. But I really don't know that much about them yet.
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Old 09-09-2006, 11:52 AM
palefrost palefrost is offline
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Default Re: Newbie to investing

So CD's would be good for just alittle bit of savings money. I assume stocks are for people who have thousands to invest them...I keep hearing about penny stocks and well it says penny. ;p
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Old 09-19-2006, 11:08 AM
brian brian is offline
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Default Re: Newbie to investing

Penny stocks are an easy way to get burned - very high risk.

Maybe something like sharebuilder may work better for you??
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  #5  
Old 11-22-2006, 08:06 PM
bangfor bangfor is offline
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Default Re: Newbie to investing

The first rule of investing is the money you use for investing, in case you lose it shouldn't upset your lifestyle. Since that is going to be your case play the stock market and go for penny stocks. Because you can trade online with as low as $200 but with a few hundred bucks it'll be painful. Your chance of making money is better with penny stocks and you can graduate to the other stocks when you have enough, but most people who make money with penny stocks stay there, because there is money in it, and you don't talk about losing.
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Old 11-24-2006, 08:29 AM
destiny_star2006 destiny_star2006 is offline
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Default Re: Newbie to investing

Well done Bangfor!
Good information there!
Ive taken down notes lol!
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  #7  
Old 11-26-2006, 05:15 PM
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Plumley Plumley is offline
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Default Re: Newbie to investing

I like ShareBuilder. You have to do a little homework to pick your stocks but there's plenty of information on the net and some resources right there on the site. You don't have to have a big initial investment and the fees are reasonable.
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  #8  
Old 11-27-2006, 10:13 AM
destiny_star2006 destiny_star2006 is offline
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Default Re: Newbie to investing

Is share builder one of the major ones around then!
Ive never heard of them to be honest but then again I dont do that much research in this subject!
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Old 12-24-2006, 12:03 PM
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Plumley Plumley is offline
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Default Re: Newbie to investing

Quote:
Originally Posted by destiny_star2006 View Post
Is share builder one of the major ones around then!
For us small investors it is, yes. There's One Share but it seems to be intended more for gift giving than investment. Other types of accounts want you to buy more than one or two shares at a time. For me, ShareBuilder is easy and convenient.
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Old 02-03-2007, 07:28 PM
unique unique is offline
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Default Re: Newbie to investing

I have not given much thought about stock trading but I am interested with this Sharebuilder. Is this performing well? What is the average ROI annually for this program?
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  #11  
Old 02-04-2007, 09:06 AM
xmen xmen is offline
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Default Re: Newbie to investing

Engaging in any investment venture requires due diligence. The level of ROI should not only be the main consideration. As a rule of thumb, you invest what you can afford to lose.
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Old 02-05-2007, 09:29 AM
unique unique is offline
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Default Re: Newbie to investing

When you invest, you expect for an ROI. I presume you would not invest in a company with negative ROI. The Sharebuilder program is highly recommended. It would be nice to know what is the current ROI for it to be recommended by members. Although as you say, it is not only the main consideration. It must be one of main considerations, I think
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  #13  
Old 09-24-2007, 06:23 AM
The Mutual Fund Investor The Mutual Fund Investor is offline
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Default Re: Newbie to investing

Hello,

A good place to start would be to look at a mutual fund tutorial on the Investopedia.com website. Here is the link:


Investopedia also has some other good investing tutorials.

As far as books are concerned, I highly recommend The Intelligent Investor by Benjamin Graham.

Michael A. Weiss, CFA
The Editor
The Mutual Fund Investor


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  #14  
Old 12-13-2007, 01:04 PM
GNick39 GNick39 is offline
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Default Re: Newbie to investing

I have around $6,000 this year to put in an RRSP. I wanted to invest the money in the stock market. What would be a good secure stock? Royal Bank?

Last edited by Mynion; 12-14-2007 at 12:03 PM.
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  #15  
Old 12-13-2007, 05:39 PM
Hermes Hermes is offline
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Default Re: Newbie to investing

I won't give you any direct investment advice but would not recommend that you put all your money into one stock only.

Based on your question I am not quite sure that you should be out in the equity markets and pick stocks to begin with.

Maybe you should do some more research before you start to invest and at least get some basic information about investments.
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