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is 1k a good ammount to start with?

 
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gkjgi



Joined: 21 Mar 2006
Posts: 1
PostPosted: Tue Mar 21, 2006 1:27 pm    Post subject: is 1k a good ammount to start with? Reply with quote
i am learning to play the stock and realeste markets so i may make some money. at the moment i have only 1k to spare and obviously thats not enough for realestate but would it be enough to start investing in the stock market in about 2 months?
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Wiseguy



Joined: 28 Mar 2006
Posts: 1
PostPosted: Tue Mar 28, 2006 9:19 am    Post subject: is 1k a good ammount to start with? Reply with quote
actually 1k is the minimum to open an account to invest in the stock market. so yeah 1k will do.
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charlieatthelake



Joined: 04 Apr 2006
Posts: 1
PostPosted: Tue Apr 04, 2006 5:11 am    Post subject: is 1k a good ammount to start with? Reply with quote
If thats what you want to do. You can even buy stock in a home builder or mutual fund that invests in real estate. Even international real estate. I like Fidelity, the biggest. There is a homebuilder etf, bunch of stocks, called xlb which is home builders. Go to fidelity or Vanguard, #2, and click on products. Fidelity has a better web site for me, but hey, make them compete.
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bobshark9632



Joined: 11 Apr 2006
Posts: 2
PostPosted: Tue Apr 11, 2006 1:03 am    Post subject: is 1k a good ammount to start with? Reply with quote
Buy a Balanced" Mutual Fund"That is a fund that has Cash, Bonds, And Stocks in a balanced way.That is the best way to start while you learn about investing
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antoants



Joined: 17 Apr 2006
Posts: 1
PostPosted: Mon Apr 17, 2006 8:56 pm    Post subject: is 1k a good ammount to start with? Reply with quote
you'll keep learning..and once u gain enough confidence those numbers would go high..
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tbird



Joined: 24 Apr 2006
Posts: 2
PostPosted: Mon Apr 24, 2006 4:48 pm    Post subject: is 1k a good ammount to start with? Reply with quote
Do not buy a stock, PERIOD. Get into a no load mutual fund and you will be much safer. I had 10K in World Com when it crashed and I was left with zero to collect. So one stock scares me. Stick with the mutual funds period.
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