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Trending Stocks: AISYSTEMS, Inc. (OTCMKTS:ASYI), Gold Coast Mining Corp
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Top Investment Alerts Notices Major OTC Market Movers on 06/07/2013
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Q&A: What are the best type stocks to purchase?

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Question by Stumped: What are the best type stocks to purchase?
I want to buy my two grown sons $ 100 of stock each for a Christmas present. Can someone advise me where to start? Is this a good idea? I just thought it might be a good way for me to do my part to stimulate the economy. I was going to invest in Penny Stock, but I read that was the ultimate NO-NO! But I want my sons to have the opportunity to buy/sell/trade to gain experience. (experience that I don’t have)

Best answer:

Answer by Josh
I’d buy them BAC, T, or GE. Buy a stock that pays a reliable dividend and it can grow over time.

Of these, probably T (AT&T) would be my choice for you.

Know better? Leave your own answer in the comments!

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Blistering Penny Stocks in News: GULF COAST ULTRA (OTCMKTS:GULTU
… breaking news, momentum alerts, chart patterns, and more. Today we have covered following Penny Stocks: GULF COAST ULTRA (OTCMKTS:GULTU), TagLikeMe Corp (OTCMKTS:TAGG), Medical Marijuana Inc (OTCMKTS:MJNA), The PMI Group, Inc. (OTCMKTS:PPMIQ …
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Penny Stock on the Move – Invivo Therapeutics Holdings Corp (OTCBB:NVIV
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Best to Invest in Penny Stocks in Your 20′s

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Which is the best online trading company for penny stocks… Charles Schwabb, Ameritrade, Etrade, or Scottrade?

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Question by Mitchell Feagin: Which is the best online trading company for penny stocks… Charles Schwabb, Ameritrade, Etrade, or Scottrade?
I’m a beginner investor, looking to play around a bit and learn. I was just hoping for a review or two to go along with my personal research.

Best answer:

Answer by ShalloWhale
I don’t know the answer, but what I do know is that ScotTrade has been good to me at $ 7/trade. You open an account. Your money actually earns interest if it’s not invested. They have free advice and classes. I have no complaints about them.

What do you think? Answer below!

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Best Penny Stocks 2012 -Where And How To Find Them

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News Buzz – Multi-Corp International Inc (OTCMKTS:MULI), TechnoConcepts
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Most Active Runners: Valeant Pharmaceuticals International, Inc. (NYSE:VRX
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Penny Stock on the Move: Pacific Gold Corp. (OTCMKTS:PCFG), Bio Matrix
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Impulsive Penny Stocks – Eastman Kodak Company, New Energy Technologies
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Stocks Under Bearish Claws – NYBD Holdings Inc, Great China Mania Holdings
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Are we in a golden age of medicine?
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Green Mountain Coffee Roasters' Sales Outlook
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Q&A: best online investment website?

Question by mattyup34: best online investment website?
I’m about to turn 18 and want to do a lot of online investments but i am wondering which site would be best. i know etrade has the 100 free trades and i would be investing enough to qualify but just wondering if there is a better deal out there or a better place for any reason, also if you have any stock tips those will be appreciated as well :)

thank you

Best answer:

Answer by Net Advisor
Please try and avoid all the stock tips posts. They are usually penny stock hype and speculators. You’ll save a lot of money by avoiding that, and get on track to learning investment basics.

A lot of people seem to encourage Forex (currency trading). That is one of the most difficult trading environments because you are trading against world government’s managing their currency who can move the market by increasing or decreasing their own country’s interest rates, or change the money supply in their own economy.

You’re also competing with billion dollar corporations who are hedging their currency with overseas sales. A small time investor with a few grand can easily get wiped out. Further, FOREX is not investing, it is speculating. One is speculating on the movement of currency. The odds are better in Vegas.

Why I don’t like sharebuilder.com
1. You have to pay $ 12.00 a month, $ 144/ year. How does this cost build wealth? It’s another bank fee.

Let’s say you buy 1 share of stock. The stock has to go up $ 12 a month every month and never go down and you only break even with the $ 12 monthly fee – actually you’re down a few bucks cause of the transaction fee. How again does this build wealth?

2. Then, they say you can only buy shares on Tuesdays? What is up with that? The company collects all pending transactions and sends them in a single transaction to the market (market order) when/time? which market? – one they are the market marker? Is that going to be the best price?

If they are a market marker in the stock, they are also making money on the spread (the price between the bid and ask). That is how most of these low commission firms make money. Or, they make money by directing trades to a single exchange and get a (legal) “kick back.” I hope the directed trades are a fair price.

They are not going to send one share of stock to some other market marker where they have no financial interest in. Wait, in who’s interests are they representing again?

They will send collective shares (in a single lot) and split the shares in the sub accounts (your account).

I think the only person in this transaction who builds wealth is the bank.

It would be cheaper to have a discount broker such as etrade, scott trade, schwab, fidelity, etc, and buy the shares when you want to. Enroll in a DRIP (Dividend Reinvestment Investment Plan if the stock pays dividends). DRIP’s are usually free.

A better and far cheaper program is to pick an index fund such as the S&P500; dollar cost average on an automatic monthly or bi-monthly investment plan using a no load fund. You are far more diversified, owning 500 companies, you collect monthly dividends that can and should be reinvested, and 80% of fund managers underperform this index. So why not just own the index that manager can’t consistently beat?

Add your own answer in the comments!

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