Any tips on where to invest money? Stocks?

[bladefd]

So I was thinking of doing small scale investments.

We're talking a couple hundred bucks here and couple hundred there.
I was thinking of buying some stocks, but I have 0 stock market experience. Any suggestions?

I can't afford to throw money away though. Think it would be better to just put aside extra couple hundred in bank & save up instead of risking it on small-scale shares?

[NZStreetBaller]

First i would recommend read the stock market investing for beginners then the intelligent investor by benjamin graham.

In my honest opinion i go with the big industry funds. Hardly anybody with their stock market picking skills can beat the industrial average dude.

For further reference search ray dialos all seasons stradegy.

[~primetime~]

I wouldn't even mess with online trading if it's just a few hundred. A single trade costs like $15.

If you make 10% of $100... That's $10... Won't even cover the cost to sell.



You need "a few thousand here, a few thousand there"

[outbreak]

If you are asking for finance advice on ISH you should probably just leave your money in the bank....

[IcanzIIravor]

So I was thinking of doing small scale investments.

We're talking a couple hundred bucks here and couple hundred there.
I was thinking of buying some stocks, but I have 0 stock market experience. Any suggestions?

I can't afford to throw money away though. Think it would be better to just put aside extra couple hundred in bank & save up instead of risking it on small-scale shares?

Long term slow growth. Unless you have a few thousand or 10's of thousands to play around with then forget trying to be a day trader willing and dealing. You would have to eat, sleep and breath the market and even then you will most likely lose big before stumbling on something that will win big for you.

[nathanjizzle]

you get a better return if you invest your money into your own business idea.

[plowking]

you get a better return if you invest your money into your own business idea.

:oldlol:

[bladefd]

you get a better return if you invest your money into your own business idea.

I have considered that. Not sure where to even start with a business though. Haven't yet had a super great idea.

Closest I came to making own money is making $5 bucks on my blog. Took me 10 months to make $5 thru adsense LOL.

I have to look for other business ideas. You guys are right about shares needing more money

[KevinNYC]

So I was thinking of doing small scale investments.

We're talking a couple hundred bucks here and couple hundred there.
I was thinking of buying some stocks, but I have 0 stock market experience. Any suggestions?

I can't afford to throw money away though. Think it would be better to just put aside extra couple hundred in bank & save up instead of risking it on small-scale shares?
Don't pick stocks is the best investment advice. Pick funds, particularly ETFs.

Before you invest look into three things.

1. ETFs Makes it easier to invest in a certain market segment with you do the heavy research. Let's say you think Central America is going to be great market over the next 20 years, but you don't know which Central American companies are the one. Find a fund that invests in that area.

For example, solar energy seems like a good bet for the next decade, but which companies? I dunno. I don't have time to research this all day long, but this tool (http://www.ritholtz.com/blog/2013/05/cheapest-etfs-for-any-investment-objective/) lets you find low fee ETFs (see point 2.) So here are the two best performing solar funds this year.
TAN Solar ETF 24.63%
KWT Market Vectors Solar Energy ETF 17.43%



2. How fees can eat at your investment. You want low fee funds.
3. Asset allocation is more important than individual stocks
http://www.ritholtz.com/blog/2012/07/asset-allocation-vs-stock-picking/

[enayes]

you're better off churning some credit cards if you want to make a few hundred bucks, I made over $1200 cash last year, and this year I've got $500 in gift cards, 5 free nights at high-end hotels and huge savings on flights

[Godzuki]

you're better off not listening to most people and especially generic advice, which is most people.

if i did i'd never make money from stocks. if u follow the crowd, you'll either make minimal gains or lose.

stocks are probably the biggest fail for follow the herd type of people. don't listen to what everyone is telling u. read current events, follow the stock trends, relate them, and if you're smart and good at min/maxing you'll do well like me :pimp:

there is a market correction coming at some point soon. stock market has been too good for too long.

[DeuceWallaces]

you're better off churning some credit cards if you want to make a few hundred bucks, I made over $1200 cash last year, and this year I've got $500 in gift cards, 5 free nights at high-end hotels and huge savings on flights

LOl this guy made 100 dollars a month and 5 nights at Holiday in the past year. He's a ****ing investment banker. :lol

[GimmeThat]

you're better off not listening to most people and especially generic advice, which is most people.

if i did i'd never make money from stocks. if u follow the crowd, you'll either make minimal gains or lose.

stocks are probably the biggest fail for follow the herd type of people. don't listen to what everyone is telling u. read current events, follow the stock trends, relate them, and if you're smart and good at min/maxing you'll do well like me :pimp:

there is a market correction coming at some point soon. stock market has been too good for too long.


I think that points out to two things.

1. the reality is that generally, the volume aren't going to be high enough, unless there are lets say information being spread out to the masses, in which I'd assume, even from the company within.

2. it just shows how many people have no idea what they are doing.

I wouldn't say that if you don't succeed in the first year, then you are guaranteed failure.
but perhaps in year two, or year three, you ought to really look into your own strategy, since at the end, having a stock portfolio IS to make money.


it isn't so much that follow the herd isn't necessarily profitable, but, walk one way, and yet still be sure to have a map.

[GimmeThat]

LOl this guy made 100 dollars a month and 5 nights at Holiday in the past year. He's a ****ing investment banker. :lol

well, there's the Vice President, secretary of state, chief of staff and whatnot.

so.


although I would agree that it being Holiday in, instead of somewhere better, does truly call upon question of his profession as an investment banker.

[oarabbus]

Put it into a mutual fund.

I bought shares of a healthcare mutual fund and the stock is up over 15% the price I purchased it.

[DCL]

if you're ever gonna take risks, do it in the beginning when you're starting small.

lose your money in the beginning. go ahead.

let the market kick your ass. if it hurts, it's okay. you'll recover because you didn't lose that much anyway. you need to pay some dues to acquire knowledge. everybody does.

hopefully, your early lessons remain small enough that it won't affect your life but big enough to impact your mindset so you won't make similar mistakes when your size is significant. you don't want to be entertaining ideas of doing stupid shit when you have real money, so flush those behaviors out of your system when you're a rookie.

probably the worst thing that can happen to you is if you have ridiculous success from the start. you'd acquire an ego, assume to know things that you don't have a clue about, and that attitude will defeat you because you'll fall into the delusion that taking big risks carry no consequences.

but like i said, get these things out of your system early on. so go ahead, take risks, and lose that $500 now. :oldlol:

[Jailblazers7]

Just throw you're money in a Roth IRA and let it sit in some mutual fund forever so you won't pay taxes on anything until you withdraw your funds in the distant future. Day trading with $100 is kind of silly because of transaction fees and the limited stocks you can actually afford.

The only reason I have a day trading account is for shits and giggles and the ability to withdraw funds quickly in case of an emergency. With $100 you will need a ton of conviction because the only thing that makes sense is a buy and hold strategy.

[InfiniteBaskets]

You have two types of advice in this thread already. Either invest in yourself or a business, or invest in others through a mutual fund, retirement account, or individual stocks.

Either way, a couple hundred isn't enough for either. If you can get an extra $300 or so every month to invest, then you can get somewhere.

[enayes]

LOl this guy made 100 dollars a month and 5 nights at Holiday in the past year. He's a ****ing investment banker. :lol

can't tell if you're mocking me or saying you're not impressed :confusedshrug:

[nathanjizzle]

:oldlol:
:facepalm

ive invested in myself. ive turned 5k into a 40k+ salary and unlimited potential. are you really going to invest 10k to make 1k in a year? LOL 1k in a year? when you could have invested some of that money on your own startup and have unlimited earning potential. jokes on you

[plowking]

:facepalm

ive invested in myself. ive turned 5k into a 40k+ salary and unlimited potential. are you really going to invest 10k to make 1k in a year? LOL 1k in a year? when you could have invested some of that money on your own startup and have unlimited earning potential. jokes on you

Dude... settle down.

I'm not laughing at the sentiment in your comment, more so the blandness and how generic it was. :oldlol:
It is all well and good to say invest in your own business, far better returns. Yes, absolutely, no doubting, but simply coming up with a business just isn't happening over night.

Having a portfolio of shares/stocks is a great way to amass steady gains over an extended period of time.

[nathanjizzle]

Dude... settle down.

I'm not laughing at the sentiment in your comment, more so the blandness and how generic it was. :oldlol:
It is all well and good to say invest in your own business, far better returns. Yes, absolutely, no doubting, but simply coming up with a business just isn't happening over night.

Having a portfolio of shares/stocks is a great way to amass steady gains over an extended period of time.

actually, my advice is pretty good. whats generic is telling someone to have a diverse portfolio in stocks so that it can amass steady gains over an extended period of time :roll: no shit, if you are going to invest in stocks, you have to have a diverse portfolio and over time you should be able to gain slowly.

do you know why my advice is good? because people that have money that want to flip their money automatically think "stock market" but no, you are not going to make any money in the stock market. think of an idea(theirs a billion ways to make money) and flip your money yourself. :confusedshrug: if you are not smart enough to come up with an idea, then by all means, put your money in the stock market where you can earn a 3 percent a year. dont forget, time is a factor.

[plowking]

actually, my advice is pretty good. whats generic is telling someone to have a diverse portfolio in stocks so that it can amass steady gains over an extended period of time :roll: no shit, if you are going to invest in stocks, you have to have a diverse portfolio and over time you should be able to gain slowly.

do you know why my advice is good? because people that have money that want to flip their money automatically think "stock market" but no, you are not going to make any money in the stock market. think of an idea(theirs a billion ways to make money) and flip your money yourself. :confusedshrug: if you are not smart enough to come up with an idea, then by all means, put your money in the stock market where you can earn a 3 percent a year. dont forget, time is a factor.

Ok bro. You clearly know what you're talking about. I didn't offer any advice... I just stated a simple truth lol. I came in and laughed at your comment which I thought was plain, obvious and uninformative to say the least. Don't take it too hard sport, it wasn't a dig at you.

Your comment was almost the equivalent of saying "why not make 10 million dollars instead of 1 million"... :oldlol:

[ALBballer]

Few hundred dollars? Probably not worth your time or money to put it into stocks.

Assuming this isn't a troll thread, some cheap shit on wholesale and trying to sell it via ebay.

[bladefd]

Just throw you're money in a Roth IRA and let it sit in some mutual fund forever so you won't pay taxes on anything until you withdraw your funds in the distant future. Day trading with $100 is kind of silly because of transaction fees and the limited stocks you can actually afford.

Do you have to show that on federal income tax?

I'm looking at www.fidelity.com and putting $150 in some mutual fund. I cannot afford more than $150 at a time sadly... I haven't decided yet though -- doing some research on it..

WTF, most of them seem to require $2,500 minimum lol. Definitely out of my capability..