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![]() Enthusiast ![]() ![]() ![]() ![]() Joined Apr 15, '07 From Fort Worth, TX Currently Offline Reputation: 12 (100%) ![]() |
Is anyone here in the stock market or own stocks? I'm going to be turning 18 soon, and I've realized that I should start investing a small part of my money into the stock market. With that being said, and don't say it's just because I own a Toyota, but I personally think it would be smart to invest in Toyota stocks, and Toyota recently became the #1 automaker in the world, and it seems their stock prices keep going up and up. I'd like some advice and informative comments/concerns about this.
-Matt |
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![]() Enthusiast ![]() ![]() ![]() ![]() ![]() Joined Jul 7, '03 Currently Offline Reputation: 55 (100%) ![]() |
Keep in mind a broker is a salesman, he will try to get you
to do higher risk than you may want, its kind of like giving your money to a poker player and splitting profit, he has everything to gain and nothing to lose. I would suggest do some serious research and do it yourself. Bonds or CDs are less risky. Edit: If you must do stocks. The best way to get the highest quickest rewards is to find IPOs (initial public offering) research the background of the company then decide if you want to buy. Much more risk but much greater rewards. I personally don't gamble. ![]() This post has been edited by 97lestyousay: May 2, 2007 - 12:02 AM -------------------- JDM guy made me do it.
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Lo-Fi Version | Time is now: July 18th, 2025 - 11:02 AM |