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stocks
Do any of you invest in stocks? What's some good advice for someone getting into it? I hear things about reading the MIT tech review, and just generally keeping my eyes open. But I'd liek to hear some other strategies as well.
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The only way out is through.
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I did a hypothetical stock project last year in Economics, in HS economics, heh. I had to invest $5000 in three companies, and I invested in Apple, and two other companies [I forgot which but I think they were Google and something] and I made $1000 in a month.
I admittedly don't know a lot about economics or the actual terms associated with it. But I do have a general sense about whether or not people like a product or not and can possibly do a good job in predicting that. I just started a fidelity portfolio, and the min. amount I have to put in is $2500. Ughhh... of course I won't invest that much yet, but it just reminds me that this is real money, my money and I have to be careful but not too careful. Thanks for the advice and the books. I'm definitely not looking for a quick buck. But I am looking for big money in the next couple of years, I'm not gonna lie. What are good ways to discover good companies to invest in? A friend of mine tells me to just keep my eyes open and to research biotechnology companies and things like that and he made a lot off genetech, but another one of my friends just made $700 over the weekend on EA, a big company. I'd like to hear some stories as well. Thanks for the feedback thus far though. There's nowhere I can't reach.
The only way out is through.
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