A stock mutual fund. Choose an index fund tied to one of the major indices--NASDAQ, S&P, etc. There are some starter programs at some places (try Vanguard or Fidelity) where you don't need much to set up an account.
Hope that helps.
Avoid mutual funds! You are paying for someone's bonus - who doesn't care about you but only wants to play with your money. Buy an index Exchage Traded Fund like SDY:
Description: The S&P High Yield Dividend Aristocrats Index is comprised of the 50 highest dividend yielding constituents of the stocks of the S&P Composite 1500 Index that have increased dividends every year for at least 25 consecutive years. These stocks have both capital growth and dividend income characteristics, as opposed to stocks that are pure yield, or pure capital oriented.
Then buy QQQ an ETF of NASDAQ stocks.
Description: The Index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. Because of its exclusion of financial firms, the index tends to focus more heavily on companies in the technology sector among others. Some of the most popular companies in the benchmark include Apple (AAPL), Amazon (AMZN) and Google (GOOG). The fund and the index are rebalanced quarterly and reconstituted annually. The index debuted on January 31, 1985.
These ETFs trade on stockexchanges so you can buy and sell when the market is open - unlike Mutual funds that delay your purchases or sales until the market closes for the day.
YOURSELF
Before you spend $0.01 on any investment, you must know what you’re doing, why you’re doing it and how to do it. Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself.
Begin your education by learning why you should invest and the importance of being able to make your own decisions or how the pro’s make theirs. Start your education by reading “Investing for Dummies” by Eric Tyson
There are many people just like you that are, or were looking to invest and those that did bought Mutual Funds and/or Exchange Traded Funds (ETFs). One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience. Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges.
Mutual Fund companies as well as ETFs and Master Limited Partnerships have an entire array of products many will fit your needs. Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing.
You could also contact the funds companies for more information. I have found that Vanguard (http://www.vanguard.com/) & Fidelity Investments (https://www.fidelity.com/)
can meet your needs for mutual funds. The service and information they provide is all free and you will find it helpful. You can also read about Master Limited Partnerships at “the Dividend Detective” http://www.dividenddetective.com/
Regardless of what you decide, do not ever let anyone tell you not to invest, especially those that do not invest themselves.
Good luck on your journey
You can open a brokerage account and buy mutual funds or electronic traded funds (ETF). They have income ETFs (example, DLN, PFF, DVY) that gives you dividends periodically and you don't need a lot of money to do this. Etrade has $500 minimum deposit requirement. But Merrill Edge and Sharebuilder don't have any minimum deposit requirement.
A Nobody stole my thunder, but I'll post anyway.
Read Investing for Dummies by Eric Tyson. Best $21.95 investment you will ever make.
For beginner either Savinga bonds or Mutual funds investment are the best investment
One of the Blue Chips: IBM, XOM, JNJ or PG.
Reinvest the dividends and hold for decades. Just make sure they don't go the way of Sears, Enron, or Radio Shack. (among many others)
If you don't have much, just throw it in a savings account.
The commissions on buying and selling stock would make stock investing unfeasible.
US Savings bonds.
dividend reinvestment plans,
computershare
amstock
Hello guys, I was wondering what investment would be best for a beginner like me who doesn't have loads of money.
