Im 21 years old and want to start getting stock and comoites which one are good and safe?
Answers: Your first option should be to fund fully a retirement account. If you do this, and you have extra cash, then one of the best things you can do is open a DRIP Plan.
Go to : low-cost-stock-recommendations
.com
Click on the "DRIP's" Button on the Navigation Bar
These powerful investment plans are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.
They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down. They are a must for any serious investor.
If you decide you are interested in DRIP Plans, click on the advertisement on the same page "$4 to purchase stocks". This will answer your next question, which is, How do I get started? and what is the least expensive way to get started?
I strongly recommend looking into it. They are great plans.
Good Luck
You can open an free Marketiva forex \gold\fund\indexs 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
none , because they are both risky instruments.
pl let us know your country, to enable us to tell you the stock
if your are in india than Reliance Group
Read the advice given at the following website:
http://commonsensetrading . G00GLEpages . com
(take out the spaces around the dots)
Countrywide Financial stock. Buy, hold, get rid of?
It's real low. Has be real giant.Answers: Tough call. I be watching CFC for awhile when it was announced that they be going bankrupt. Then I saw it inrease profoundly when Bank of America said they would be buyng them out at about $7 a share (I think). Now the problem near this is CFC is at $5.80.
So the risk here is that if you buy CFC, you will either seize pretty lucky or VERY unlucky. I emphasize the unlucky fragment. On the upside I see you can make $1.20 a share which is great. If BAC does not buy into the company afterwards who knows what happen. 50% loss immediately? Stock decline to almost nothing since they are in debt?
If you agree to buy a Ford Shelby Cobra for $70,000 in the summer and later when the time comes the Cobras announce more problems and now put up for sale for $58,000, are you going to buy it at $70,000 even if the price is now lower?
So for me, it is definately not a buy. I fixed to put my money into BAC because it hasn't cut a dividend in 30 years and I am guesing the stock will get hold of better and better.
If you want a good breakdown on Countrywide:
step to : low-cost-stock-recommendations
.com
Click on "Penny Stocks" Button
It is in the Penny Stock Picks
Buy it presently
Which indexes do you use to track when to invest in the market and why?
Answers: The S&P 500 is normally used as a benchmark for the market. Its the index commonly used to calculate risk and market return, for stock valuations. Most diversified mutual funds use it as a benchmark. Every stock in the Dow is in the S&P 500. The S&P 500 is more diversified and its a market cap weighted index The Dow is a price weighted index.where the highest priced stocks have a larger influence on the index.
S&P 500
It's not as volatile as Dow
For the US the S&P 500 is good much better than the Dow which is 30 stocks. But investors should own more than Large US companies. Small and Foreign stocks and bonds should be owned and there are good indexes for them. In fact investing in index funds is really the best overall choice.
We [the trading groups I belong to] use The Dow, NASDAQ, S&P 500, IWM and $VIX.
One pretty much mirrors the others, because we prefer confirmation.
Thanks for asking your Q! I enjoyed answering it!
VTY,
Ron Berue
Yes, that is my real last name!