Would it be wise to invest in stock such as CEDU:NASDAQ or ARE:TSX?
I have been looking into stock trading for the first time and have heard that these two stocks are cheap now, and as guaranteed to rise as you can be in the stock market. I am a single mother who has never traded and was just wondering if anyone could help me. Thank You.
Public Comments
- ChinaEdu Corporation (CEDU) is a thinly traded MicroCap company (93 Million market cap) - you should definitely stay away from that company. Aecon Group Inc (ARE) is a larger, somewhat more liquid company. Still, you should not invest in it either. Both firms trade close to their 52 weeks low - but that is currently true for a lot of firms. As someone new to investing you should not attempt to pick individual stocks. Instead, consider investing in an index fund (check out Vanguard) or an exchange traded fund (ETF). Both methods offer diversified portfolios - in short, you get a better return given the risk that you are taking. Good luck!
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