Stock Markets Exposed
investing in stock which is best?
if i would like to invest in stock, anybody suggest which could be best option to investing i mean energy or education etc.. for good growth
Public Comments
- There are a lot of cheap shares at the moment, but you need to research the company first to make sure it is still financially sound. Also, consider what dividends they pay. A good yardstick is to go for companies that supply essential consumer goods, such as food or energy; things that people are always going to need to purchase, no matter how bad things get. There is no way of predicting how low a price will go on any particular share, so you may not always buy at the lowest price. But if it's a good company, eventually the price will rise, like the rest of the stock market.
- If you try to guess or speculate on which sector is going to go up then more times than not you will be wrong. The easiest way to find the best stocks for long term growth are to look at ETF's (Exchange Traded Funds). Simply get a list of ETF's and type their symbols into a stock chart. You can get free charts at Yahoo Finance or BigCharts.com. Then look for the ETF whose price is in an uptrend. There is no speculating here, you already know that these stocks are continually moving up. You can buy these ETF's or buy a few stocks in that sector. For example, today (2/11/09) IAU and DBP are in an uptrend. These ETF's invest in Gold and Precious Metals. So buy these two ETF's or buy stocks such as mining companies that deal with gold or precious metals.
