regicide
Joined: 01 Sep 2006 Location: United States
|
Posted: Sun Oct 14, 2007 5:34 am Post subject: Re: Stock Market Investment - How to get started? |
|
|
| matthews_world wrote: |
Can you guys give an investment newbie an tips on how to go about investing in stocks?
I know there's some good money in IPO's and I regularly keep track of the news and money channels.
Is it better in the long run to have a qualified professional manage a portfolio or to invest on whims?
Also, what are the websites that let you get started trading in international markets? |
Sharebuilder is good place to go. You can buy stocks for $4 a trade.
http://www.sharebuilder.com
Personally, I like stocks that pay a dividend. You can use your dividends to buy more shares and your investment keeps growing.
My IRA portfolio includes Citibank, Pfizer , Southern Copper and LG Phillips.
LG Phillips stock went up 50% this past year and is the only one not paying a dividend.
The others are paying a dividend around 4.5% now. Southern Copper went up a lot too, but Citibank and Pfizer went down a little. I am , of course, not worried about these two companies future prospects.
Just be sure the company is not paying out more than 75% of it's earning in dividends. That is a warning sign.
I had considered 53Bank , but it is paying 76% of its earnings out to support that 4.8% dividend. So I bought more Citibank. ( at a lower price than my original investment) |
|