Stock Help...[[8th grader]]?
Well my teacher is pretending we are getting 5000 loaned from the bank and we need to buy stocks that will do good to April and Im only 14 and dont know what to do!!! My grandma kinda helped me tell me your opinion: WABCO 50 SHARES @ 44.14 $2207.00 REASONABLY PRICED MANUFACTURING DIRECT TV 75 SHARES@24.83 1862.25 MANY PEOPLE ARE LEAVING CABLE ALCOA 26 SHARES @35.52 923.52 HAS DONE WELL IN PAST REASONABLE PRICE ALUMINUM IS BEING USED IN NEW CARS TOTAL $4992.77 Looks Good?? P.S. We are allowed to have help... we are only 13-14 Plus If you want to add a stock I should buy please help! (and why)
Public Comments
- yahoo ebay dow chemical google
- You've made some great choices. You have Alcoa which is a great company that has been around for a while and will be a very stable stock. Then you selected DirecTV which is a newer company but won't move much over the next few months. Not many people will cancel their cable in a down turn. This is becuase it's cheaper to stay home and watch movies than it is to go to the movie theatre. WABCO Corporation manufactures steel rails and equipment for the rail industry. This is also a very slow moving stock. I would suggest that you keep the Alcoa and WABCO and only maybe half of the DirecTV. Then invest in something a little more risky than blue chip stocks. There's a penny stock called NLIA.PK from a company called Naturally Iowa. They are a new company that makes completely bio-degradable bottles from corn. No plastic!! They have an all natural process to make milk and drinkable yogurt. They only use cows who don't receive hormones and is completely organic. Naturally Iowa has just signed a co-branding deal with Archibald foods and hired the former Regional Sales Manager for Ben and Jerry's. I've put their web site link below. Good Luck!!
- It depends what your goal is. If you goal is simply to grow the money to the largest amout that is one thing, you can be more aggresive. If you are in a competition and the goal is to end with the most money than with short time horizon you would need to be less aggresive. That being said, do not buy individual stock the risk is simply too great over that short of time rather look into ETF's a hybrid of stock and mutual funds. This will allow you to diversify and likley end ahaed of your peers (who are essentially betting like at a casino). Some key one to look at would be SPY which covers the S&P 500, QQQQ which covers the Nasdaq and VEU which would give you exposure throughout the world except the US. Good luck, be sure to let us know what you choose and how you end up doing.
Powered by Yahoo! Answers