Question: Good stocks for beginners?

Hello,
I am fifteen and I am going to start investing in some stocks. I do not have a lot of money ($300-$400) and I need to find some stocks that are around $5-$20 preferably around $10. I would also like to know why there Good so that I can tell wether your answer is accurate.

Thank you for the help,
Jake

Answer:

You should consider instead of looking at a few company's stock prices and hope you pick a few winners with your limited sum of money, try investing in essentially all the US companies at once through an index fund. Then you have very good diversification with professional full time fund managers
working on your behalf. Some places like Charles Schwab allow you to start an account with a small amount if you agree to monthly additions.
Read Investing For Dummies and Mutual Funds For Dummies for some good starter info.

Good stocks for beginners are going to be $20 or above... Keep in mind the number of shares you buy is totally unimportant.... it's how much the shares go up or down by percentage that counts.

Right now there's a correction going on in the market place. Technology & commodity stocks are getting hit the most. You may want to make sure the market is on an upward trend before you get in. Do not try to "catch the bottom". Do not think that a stock has gone down "so much" that it must be a good buy. Always remember.... how do you know when the best time is to catch a falling knife (you don't)?

If you want "conservative" stocks... stick to the large companies like IBM, UTX, JPM etc.