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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 Oct 7, '06 From wyomissing pennsylvania Currently Offline Reputation: 2 (100%) ![]() |
diversify - dont put all your eggs in one basket, like invest in dow chemicals, kimberly clark, as well as toyota and any other nice ones you may want to go with
-------------------- you know why they put sheep at the edge of a cliff.... that way they push back!
![]() ![]() ![]() ![]() (2:27:32 AM) edit: please f*cking work, f*ck, sh*t, piss (2:28:08 AM) edit: that did the trick |
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Enthusiast ![]() ![]() ![]() ![]() Joined Jun 25, '06 From Box Elder, South Dakota Currently Offline Reputation: 2 (100%) ![]() |
QUOTE(jason @ May 1, 2007 - 10:23 PM) [snapback]553158[/snapback] diversify - dont put all your eggs in one basket, like invest in dow chemicals, kimberly clark, as well as toyota and any other nice ones you may want to go with mutual funds, and IRA's is what you would want if its diversity you seek.....just find a good investor and let him do all the work for you, or you can check moringstar.com and do alittle research on what is good for you. With the mutual funds, you invest alittle or alot, in alot of diffrent companies, so that way, if you invested in say 5 stocks with your mutual fund, and one of them is doing bad, then oh wells, you have 4 more to make up for that one, instead of investing in just one fund, and when it goes bad, you lose money and thats it..its carries alot of security for the novice investor in my opinion.. moving on ![]() ![]() -------------------- (\__/)
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