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I have 20k to invest ...
I have about 20K I would like to invest in the stock market, however, I don't know what the best approach should be. I'm not looking for a stock that will get me 5% year over year. This is 20k that I am willing to lose taking high risk, high reward (well, hopefully more reward than risk). Any suggestions?
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#2
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Re: I have 20k to invest ...
[ QUOTE ]
I have about 20K I would like to invest in the stock market, however, I don't know what the best approach should be. I'm not looking for a stock that will get me 5% year over year. This is 20k that I am willing to lose taking high risk, high reward (well, hopefully more reward than risk). Any suggestions? [/ QUOTE ] How much time are you willing to invest in managing the money? |
#3
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Re: I have 20k to invest ...
I have a lot of free time at work. Maybe 15-20 minutes of every hour.
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#4
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Re: I have 20k to invest ...
Anyone?
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#5
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Re: I have 20k to invest ...
i am assuming you are not asking for specific stocks, but a general approach.
read some stuff online. if you want, subscribe to some stock alerts from an "analyst". read their opinions, make a decision based on them. i can name a few websites for you, but i can't really recommend/guarantee you'll find what you are looking for. |
#6
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Re: I have 20k to invest ...
2 weeks ago i would have highly recommended blockbuster (bbi) after going to blockbuster one day i thought 'man, they've cut costs' so i did some research and mentally baught 2k at 3.51 - atm it's a 24ish% increase [img]/images/graemlins/tongue.gif[/img] may be too alte to hop on though.
don't listen to me i'm stupid. |
#7
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Re: I have 20k to invest ...
You might do some research into swing trading!
Start with The Master Swing Trader by Alan Farley. |
#8
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Re: I have 20k to invest ...
[ QUOTE ]
This is 20k that I am willing to lose taking high risk, high reward [/ QUOTE ] I think you should check out Rule Breaker investing at fool.com. |
#9
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Re: I have 20k to invest ...
The Rule Breaker subscription is $199 for the year. Is it worth it? I'm always a little weary of signing up for services with lofty claims, although I know the montley fool is pretty solid.
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#10
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Re: I have 20k to invest ...
[ QUOTE ]
Rule Breaker subscription is $199 for the year [/ QUOTE ] Whoa. I had no idea about this. Sorry. I didn't know they've since turned this into a newsletter. If you can search the fool.com archives to read the Rule Breaker (and Foolish 8, if you can find that) archives from the Good Ol' Days ('98-'03, roughly), that should be quite a good start for your "high risk, high reward" education. |
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