Investing?
hey, i have around 150$ and about how much is it to invest on something? what is investing? whats the purpose of it? do i have enough money? how will this help me? im under 18, so can i even invest? thanks i also already own a walgreens stock. am i allowed to buy another stock, for maybe starbucks, walmart, target, i dont know, but something like that. what stock would you suggest for a second one? for the investment, like something i can buy now for about one hundred fifty dollars, to about two hundred dollars.
Public Comments
- In English money I think that equates to £1 3s 6d. So you could buy a nano grame or ounce of Gold. Don't do this if you are prone to sneeze though or your investment may dissapear into space.!
- Since you already own one stock in the retail sector, I do not think the other stocks you mentioned, also in the retail sector, would be appropriate at this time. You should diversify into other sectors. Think of a product that most if not everyone uses every day, uses up quickly and buys more. Thinks like gasoline (ExxonMobil, Chevron, ConocoPhilips, etc), toothpaste (Proctor & Gamble, ColgatePalmolive etc). These type of stocks tend to do ok in this crazy up and down type of market.
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