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New need help

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Posts: 3

winner2

Rookie

Joined: Mar, 2008

Posts: 902

Posted: Nov. 21, 2011 - 12:36 AM ET #1

i was just giving 2 grand to invest in some stocks. I really have no idea what i am doing would like to sprinkle it around. Anyone know any stocks under 15 dollars they like? I am very new and would love insight... thanks

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58404

Posted: Nov. 21, 2011 - 10:29 AM ET #2

With 2 grand you should at a max pick two stocks, maybe even one.

You cannot realize a good return including commissions if you purchase more than 2 at that ammt of cash invested.

I would suggest waiting for this market to get smacked down and buy an ETF or a high dividend, high quality stock on the cheap when the time comes.

spiz0o

Prospect

Joined: Oct, 2011

Posts: 23

Posted: Nov. 21, 2011 - 10:13 PM ET #3

forget stocks, investing into wallstreet with 2thousand dollars wont do much. Use that 2g to do something else and then reuse the earnings and do something else and as you progress with enough slowing invest into wallstreet. think small but not too small, aim high.

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