Friday, January 8, 2010

I am a beginner investor and have around 100 dollars to invest? Please suggest a few good cheap stocks?

also please explain how extrade,ing direct and all thoz brokers work in terms of payments? do i pay by my card??? does my money go from my bank directly? also i heard they charge commission ...are there any that do not charge for like first 10 or so buying and selling ?? pls also add any cheap stock that would be good for me in terms of dividend...thanksI am a beginner investor and have around 100 dollars to invest? Please suggest a few good cheap stocks?
Scottrade or Etrade might be best





With only $100, it's not even worth worrying about dividends. Think about that when you've got $1000+.





You need capital growth to expand $100 buying low and selling high. Buy shares in one of these company's


EDGW - Edgewood Technologies: 2.85/share


GST - Gastar Exploration: 60c/share





Download this free charting software to watch the trends:


http://www.marketbrowser.com/mbzzzvj.asp


That way you know when to sell if the up-trend reversesI am a beginner investor and have around 100 dollars to invest? Please suggest a few good cheap stocks?
Find a pension plan website and see what stocks they have invested in. Stocks are sold in lots of 100. If yo buy an odd lot then there is a premium on the commission.





Sign up on Etrade or some other internet stock brokerage. They provide the first 100 trades or so for free.
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