Hello, I have decided to invest some money in stocks and wonder if anyone could provide advice. Anyshares I’ve never bought before – except investment funds. Does anyone know what are some good stocks to buy these days – I guess it’s a good time to buy. I am interested in both long or short term. I wonder when to buy or sell. What are the pros and cons of buying shares in the Canadian market ahead of us the market? Please advise.
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3 answers
Static
February 10th, 2010 at 12:06 am
Well, this is just my opinion….
Yes, now is a GREAT time to buy. Many shares are really low. But, you should buy for LONG term. When you buy short term, you keep checking every day, worrying, is it up? is it down? should I sell? etc…
Look into whats called blue chip stocks. Companies that are big, arent going anywhere, and that will be around for a long time. Ex. Exxon/Mobile (XOM), Chevron/Texaco (CVX), GE (GE), stuff like that.
again this is my opinion only as I am not an expert… but have owned stocks for years now. I am currently WAY down because of the market but since I am in long term, i dont care… it will come back and companies like those arent folding
Advisor
February 10th, 2010 at 12:31 am
Minimum to invest is 5K USD, you can test the water before putting all.
You can consider FX Funds Group if you would like to make 2% – 15% per month. A low risk investment to the long term goals.
search for myfxfunds in google search engine for more information.
STL Biker
February 10th, 2010 at 12:59 am
citigroup