Topic: Stock tips advice....
Fitnessfanatic's photo
Thu 08/02/07 04:41 PM
I been thinking of investing in stocks, I know some think it's like gambling but it sure beats the lotto.
I right know I've been noticing that alot of infrastructure in US is old and collaping in some areas. The nation will of course need to replace these aging systems in order to continue being competitive in the world economy.

I'd pick companies that are in the infrastructure business like building material; cement, bricks, steel, aspaht; construction companies, civil enginering firms, arcitects firms.

But first I wait for the politicans to realize the need first and that might take some time through all the buracaucy.

Oh, by the way I'm not by any means an exprience investor, just a novice who rather not waste money on the lotto. Like maybe $40 here and there a paycheck.

If you have any investment tips/ ideas post them here so long as your not advertising or selling business.

no photo
Thu 08/02/07 04:44 PM

1. Have enough in your savings account for emergencies (you decide how much that is, but most advisors say 3-6 months of living expenses, say, if you lose your job or something then the bills can still be paid)

2. Then invest in your employer's 401K (hopefully they have matching funds)

3. I'd do a Roth IRA before I'd invest in stocks.

Good luck. There's tons of stuff online. Motley Fool is a good website for beginning investors.

Fitnessfanatic's photo
Thu 08/02/07 04:55 PM
BayAreaGal thanx for the tips.
Yeah the way stocks are going this summer I think I's wait for earnings of companies to be announced before investing in them.

no photo
Thu 08/02/07 04:58 PM

Glad to help.

When you make your first million, remember me, ok? laugh

jwaddy's photo
Thu 08/02/07 05:06 PM
best way to start?

http://caps.fool.com/

sign up for free, "invest" for free, and get the hang of it without losing any real money. once you get the hang of it, THEN you can invest. you can look up my main accounts as "HatchingPlans" and "CerebralOverload".

this year oil has been doing great but hit a plateau lately. Housing, REITs, ethanol, and pharm companies have been doing horribly, and make great shorts in general.

nu2topcat's photo
Thu 08/02/07 05:26 PM
traditionally stocks suck during the summer months, but unless you know what and how your doing baygal is right, stick with IRA's and the like, read a lot for a while and follow the markets that interest you for longer first

Fitnessfanatic's photo
Fri 08/03/07 05:30 AM
Going back to my tip of investing in infrastructure companies here an article on the aging infrastructure in the US and how the politicans are mulling over spending on roads.



http://www.msnbc.msn.com/id/20095291/