What stock should beginners invest in and how?
To begin with I am only going to answer the questions I feel I can give you advice on and I have provided the number to the question I have answered. 1. The best stocks for beginners are going to be ones that are fairly stable. As far as how I would suggest trying to find a stock broker who may even be able to answer some of these questions better than I can. 3.It is very hard to tell whether a stock will be successful or not, your best bet is to find ones that are fairly stable. I am not sure which companies are good in the UK, but I know in the U.S. that stocks such as Walmart and McDonald’s are usually stable.
If you’re a rookie in investing or stocks, go to www.finance.yahoo.com. Open up a portfolio without using real money. You can give yourself as much or as little money to try out the market. The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody’s got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression. That’s the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won’t lose money. It’s just that these stocks are the best. They pay good dividends too. Then once you’re comfortable and test the waters of the market, you can finally put some real money in. Go to Scottrade.com. They’re excellent for beginners. If you’re new
