Anyone here in stocks? Options

[GotToyota]

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

[6gsillyca]

I'm not the most knowledgeable when it comes to the stock market, but I haven't heard of any "long term" (5-10 year) stocks...If you become REALLY involved with the market, you would be checking/buying/selling stocks at least once a day. Over the course of a week, or even a month a company can either plummet or grow. Maybe the company grew 10x but then crashed a day later. If you are looking for something more "set it and forget it" and you want it in stocks, then look into blue chip stocks. They are generally more expensive, but are more stable, and many of them will pay out dividends.

Honestly for ZERO risk long term investment, look for something along the lines of a GIC. You can (or at least in canada) use investments of this sort towards your RRSP contribution.

My .02