cissy2415


I’m considering investing in some form of stock next month, and I was curious, what’s hot besides oil and gold?

12 Responses to “What’s the best stock to invest in for beginners?”

1. Keith on June 25th, 2009 11:16 pm

   The safest thing would be index funds. EX) the S & P 500. This compiles the top 500 stocks in the U.S. Commoditites like oil and gold can be risky but it is not for beginners

2. Bobby on June 27th, 2009 1:53 pm

   If you’re looking for consistency, try a bank. You could also just invest in companies whose products you consume. RIght now, I would invest in Starbucks, because I know their growth has been steady, not only as a company, but in their stock as well. Also, Hewlet-Packard seems to be a good pick, because since the scandal, their stock is down, but as a strong company, their stock should come back up. Also, with Nintendo coming out with a new console, now’s a good time to invest in Nintendo, especially since they’re down because of the Microsoft’s new XBox and Sony’s PS3 and PSP. It all depends on how long you want to stay in.

3. dkwr14 on June 28th, 2009 6:38 am

   Try a couple of trusted blue chips, like General Electric(GE) or Microsoft(MSFT). You can look into some other if you like, but solid performers like these that make up the S&P 500 and the Dow Jones industrial average are very reliable. Other to search, AA, C, JPM, HON, T, VZ, CSCO, XOM, SPLE, BA… Good luck =)

4. Daniel B on July 1st, 2009 6:07 am

   I would stick with an index fund that tracks the SP (spy, vfinx) and for individual stock I will pick banks. My favorite bank stock is Bank of America (BAC) which raises its dividends by 13% each year. Banks also have some of highest profits behind oil companies, national banks have consistent earnings even in recessions, and last but not least banks are here to stay……..no high flying technology stocks for me!!!!

5. SJ on July 3rd, 2009 4:55 pm

   for beginner, always stick to blue chips in whatever stock exchange you are investing into….
   safest bet.

6. Gatsby216 on July 6th, 2009 5:23 am

   If you are a beginner don’t look for the hot stocks, look to invest for the long run. Try buying stocks with DRIP programs, or put $500 in a well known mutual fund.

7. Big Bully on July 9th, 2009 1:16 pm

   I like BAC and PG.

8. muncie birder on July 12th, 2009 5:18 pm

   For beginners there are many land mines to watch out for. One is investing in what was hot last month. I do think you might have a good idea though concerning oil. All indications are that it is not going to be yesterday’s hot stock. There is considerable risk to investing in a particular stock however. Do not forget about all of those people that had all of the money invested in Enron, World Com, Global Crossing, or for that matter air line stocks.

   Oil stocks are very susseptable to political pressures more so than about any other industry.

   You received a lot of advice to invest in an index fund. That advice is not without merit. But do not expect them to be “hot”. They are not. Just good long term investment vehicles.

   You have to ask yourself this question. Do I want to invest? or Do I want to speculate? Hot stocks are for speculators more than for investors. And plenty of them wind up getting their fingers burned. Some completely consumed.

   Here are a couple that are in the hot category. But be forewarned. You might wind up with burned fingers or worse. NWS, CHN, IIF, VWSYF. Of these the last is by far the most speculative. The two in the middle might be considered even of an investment category. The first might also suit your fancy.

9. Rocky S on July 15th, 2009 5:46 pm

   If you are a beginner you should not buy stocks. Go into a mutual fund and let the pros manage your money. Get into a no load fund. Vanguard is very good and respected. Start with $3000 to open an account or $1000 for their STAR fund. You wont pay any commissions. You can add to it each month or any time you have $100 to invest Reinvest all dividends and capital gains. Over the long term you will have a nice nest egg. Contact Vanguard.com or call them. This your best bet. This is how I make my living, I am a pro. investor. If you need any help you can e mail me and I will do my best to help you.

10. stock.expert on July 17th, 2009 8:11 am

    Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.

    I am sure that you can get your answers in this website.

    Good Luck and Best Wishes!

11. udayashanker k on July 20th, 2009 2:00 am

    INFY ( Infosys tech)

12. cowgirlblu2 on July 23rd, 2009 9:36 am

    Sara Lee

    Ticker: SLE

Leave a Reply

You must be logged in to post a comment.