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Im not very educated in investing or anything, I manage to have $200 extra after everything is paid. I would like to invest and get something back eventually in the future. I hope..
im 25 new to this and im very serious in what to invest my $200 in... can someone help me? what websites do i go too ? if I do any?
Kiplingers has some good articles, as does fool.com.
I would recommend getting in for the long run, don't risk day trading (buying and selling in quick succession) Find decent dividend paying stocks that you can hold onto and get a small amount of return that adds up over time. MO (Alteria Group) is a good dividend payer but they are near their 52 week high. Just look for articles about good dividend paying stocks (Full disclosure, I am long MO, PFE, CTL, WIN)
Also, the stock market is something that the more you can invest the better, so personally I would suggest holding onto the $200 and keep saving. Watch the market, do some research, and by the time you have a good amount saved up you should be pretty well informed.
Kiplingers has some good articles, as does fool.com.
I would recommend getting in for the long run, don't risk day trading (buying and selling in quick succession) Find decent dividend paying stocks that you can hold onto and get a small amount of return that adds up over time. MO (Alteria Group) is a good dividend payer but they are near their 52 week high. Just look for articles about good dividend paying stocks (Full disclosure, I am long MO, PFE, CTL, WIN)
Also, the stock market is something that the more you can invest the better, so personally I would suggest holding onto the $200 and keep saving. Watch the market, do some research, and by the time you have a good amount saved up you should be pretty well informed.
I aggree but would like to add that you should max out your retirement accounts first. make use of the tax shelters.
I would recommend getting in for the long run, don't risk day trading (buying and selling in quick succession) Find decent dividend paying stocks that you can hold onto and get a small amount of return that adds up over time. MO (Alteria Group) is a good dividend payer but they are near their 52 week high. Just look for articles about good dividend paying stocks (Full disclosure, I am long MO, PFE, CTL, WIN)
MO is definitely an interesting stock but only for the next 20 years or so. After that smoking is going to be greatly reduced or entirely replaced by e-cigarettes.
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I aggree but would like to add that you should max out your retirement accounts first. make use of the tax shelters.
There is no guarantee that retirement accounts will keep their tax advantages going forward especially with the current, "tax the rich" mentality going around. Plus those retirement accounts like locking your money away in a vault, can only get it for an emergency otherwise you get hit big time in taxes. Also there is the risk that the government will force those account holders to keep a minimum percentage in t-bills.
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