Beginner to invest - Which stock...

[Ravenous Wolf]

For the first time investor who only has a few hundred dollars to invest for his first investment, which stock would be the best pick. And something a bit on the aggressive side, which one would probably a good pick?

Any opinions?

[DHK]

Because everyone has different levels of investment experience and financials, I personally think that you should consult an investment advisor for picking stocks.

I personally don't like individual stocks for long-term investments.

To address the post directly - if someone had a few hundred dollars to invest, what would be good, I would be looking at someone's overall financial picture. Do you have:

- checking

- savings

- CD (if really necessary)

- Mutual Funds

- IRA

- Annuities

- Real Estate

These listed accounts are in order from most liquid to the least liquid.

First, one must be able to manage their checking account (with no overdrafts).

Second, one must have a savings account. About 3-6 months of living expenses is recommended.

Third, Mutual funds offers diversified growth within one account.

Fourth, Take advantage of tax-deferred growth using IRA's and Annuities.

And of course (somewhere in there) look into buying your own home.

Personal opinions and thoughts.

[Radio_Guy]

Well the best stock out there is Berkshire Hathaway.

Only problem is its $220,000.00 per share. However you can buy the mutual fund a get a fraction of a share for $5,000.00.

Apart from that I think DHK put it very well.

Remember, only invest that which you are willing to lose, (in the stock market.)

Good luck...

[admin]

Well the best stock out there is Berkshire Hathaway.

Only problem is its $220,000.00 per share. However you can buy the mutual fund a get a fraction of a share for $5,000.00.

Apart from that I think DHK put it very well.

Remember, only invest that which you are willing to lose, (in the stock market.)

Good luck...

Next time I have a couple of hundred thousand to throw around, I'll keep that in mind!