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| Imzadi |
 Posted: Thu Feb 10, 2005 2:43 pm Post subject: How much do you really need to start investing? |
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Investing Associate
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| What's the minimum of stocks should one get? |
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| rlnlandal |
| Posted: Thu Feb 10, 2005 3:31 pm Post subject: |
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Investing Associate
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| that's a good question. My mother-in-law was going to buy 100 shares of Disney for my son. I always thoguth 100 was the magic number as well. |
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| drmikedogg |
| Posted: Thu Feb 10, 2005 6:43 pm Post subject: |
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Investing Associate
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| 100 sounds like a good number, but depending on the price of the stock, could be pretty costly for a first investment. |
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| indallas2 |
| Posted: Fri Feb 11, 2005 7:27 am Post subject: |
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Investing Associate
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| I did the exact same thing - 100 share of Disney to start with , this year I'm adding to it. |
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| hhbcbear |
| Posted: Fri Feb 11, 2005 8:55 am Post subject: |
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Investing Associate
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| I would only invest what you are comfortable with. |
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| dman81 |
| Posted: Sat Feb 12, 2005 5:50 pm Post subject: |
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Investing Sr. Associate
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| How much did the Disney stocks cost? This is interesting for me because two days ago I was thinking about Disney stocks. |
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| dman81 |
| Posted: Sat Feb 12, 2005 6:00 pm Post subject: |
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Investing Sr. Associate
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Geez Louis!! Just got the Disney stock quote and it was at $29.34!!!  Totally out of my league for the time being. |
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| bigdave |
| Posted: Sun Feb 13, 2005 2:46 pm Post subject: |
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Investing Sr. Associate
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I would say that no amount is to small. If you want to buy one share buy one if you want to buy a 1000 buy a 1000 .....
Not starting to invest is the only wrong choice. |
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| InvestingMac |
| Posted: Wed Feb 16, 2005 11:25 am Post subject: |
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Investing Manager
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dave nailed this one on the head.
No investment is "too small". Go with what you're comfortable with. You will have different financial situations throughout your life, and at each stage you should only invest to a comfortable level.
I believe a general rule is invest as much as will ensure that you don't lose sleep at night.  |
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| lind |
| Posted: Fri Feb 18, 2005 7:08 pm Post subject: |
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New Poster
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Well, it depends on what's your purpose. If you're investing to make money, there most certainly is a reasonable minimum. It's not the amount of shares that counts (some cost $0.1 a piece, while others are $100+), the minimal amount of money you put in one deal is important. You wont find a broker offering orders under $10. So, if you take one Disney stock at @$30, you actually have to pay $40 for it. Now, if the Disney skyrockets and is worth $45 (a whopping 50% profit!), you decide to sell, you get $45 for your Disney stock and pay $10 brokering fees. As a result, you made....... $-5. There most certainly is a reasonable minimum amount, I'd say orders under $500 would hardly make any sense in the long run.
| InvestingMac wrote: | dave nailed this one on the head.
No investment is "too small". Go with what you're comfortable with. You will have different financial situations throughout your life, and at each stage you should only invest to a comfortable level.
I believe a general rule is invest as much as will ensure that you don't lose sleep at night. | |
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| trixiezzz |
| Posted: Sat Feb 19, 2005 6:00 am Post subject: Too few shares can be a hassle |
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Investing Manager
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| Through an old employee stock purchase program I'm left with just a few shares of company stock. It ends up being a bit of a hassle. Any dividends are eaten up by fees. I need to either buy more or sell these. The paperwork doesn't justify these few shares. |
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| DznyDreams |
| Posted: Sat Feb 19, 2005 5:29 pm Post subject: |
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Investing Associate
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My first ever investment involved a grand total of $10.00.  However, that $10 has grown into $50, and it helped me get a taste of what it's like to play the market....I was hooked!
Diane |
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| paula0000 |
| Posted: Mon Feb 21, 2005 3:41 pm Post subject: |
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Investing Manager
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| I know it's sort of off-topic, but I heard if you even buy one share of stock, you get a yearly invitation to a shareholders meeting. Is that right? |
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| trixiezzz |
| Posted: Mon Feb 21, 2005 5:12 pm Post subject: |
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Investing Manager
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| That's how it is with our smaller few shars of (old-employee) stocks. It probably costs them more to mail us an annual report every year than we earn in dividends! |
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| eagertolearn |
| Posted: Tue Feb 22, 2005 10:06 am Post subject: |
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Investing Sr. Associate
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Would 20 shares of Disney stock be worthwhile as a start? I'd just like to "get my feet wet" for now.  |
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