Find a sturdy, quality company in which to invest.
You need to set up a brokerage account someplace. Consider looking at places like TradeKing and Scottrade. They may have a minimum amount to set up your account it might be $100, it might be $500. They will charge you a fee to buy and also a fee to sell. So if they charge $7 for a trade you need to make at least $14 profit to just break even.
Some things to keep in mind in general:
You should not risk more than you can afford to lose.
You should not invest more than 10% of your portfolio with your employer. (If JCP goes bankrupt you not only lose your job you lose your investment too.)
I know you are only talking about $100 with your current employer, but something to keep in mind in the future if/when you are working for another company and have more to invest.
Yes this is real actual money that you can lose! It's hard to say if you will lose a lot, or a little or all of it. You could make money too. Something else to keep in mind that stocks are forward looking.
So if they say they lost money last quarter, but expect to make money next quarter then the stock most likely will go up. And if they say they made money this quarter don't be surprised if the stock goes down if they say they don't expect to make as much next quarter.
If you can afford to lose $100 go for it - give it a shot.
Something else to keep in mind IF (Big IF) the stock goes up to $10 consider selling half of your position - you get your $100 back and see what happens to the rest.
Affected stock prices currently negatively concerns about political and economic development in the euro zone as well as uncertainty about the global economy.Therefore,it is likely to remain the current environment is a challenge for the shares in the short term and nevertheless recommends Bank Sarasin report prepared on the reasons for investing in stocks,adding
stock -seeded b (Underweight) to the governor of investors, stressing at the same report that there are many strong argument for investing in the stock over the long term,especially during a period of economic recession .
source(s):
http://www.ebuystocks.com/2014/01/stocks...
You can lose whatever you put in, or you can gain. Ya never know.
JC Penny has taken a beating and yes the stock is very low, but the prospects for that company do not seem good so it's a stock that could certainly go lower.
You'd be better off buying an S&P 500 index fund.
Take some of your paycheck and go down to your local coin/bullion store and buy some silver while you can still get it this cheap... or at all. Mine production is way down and the futures market "spot" price does not reflect the true value of silver or gold... it is being manipulated downward to support the Federal Reserve's manic printing of dollars.
As the dollar loses value, it won't be very long before people will be fleeing the stock market in search of safe harbor investments... at that point they will head for silver and gold and it will be too late. You either have it or you don't. The metals are a means of preserving the value of your money.
See sources below... do a little research.
in the past you did not invest in the mentioned share but worked already in that company and now still working at the mentioned company, it would probably better for you not to invest in any company that is anoted at the stockmarket where members of your family are working
investing in only one fund is not wisely to do
an initial payment has to be done otherwise most brokerages accounts for US citizens are not opened
I think You choose Best Brokerage firm for your trading..
http://www.themillionaireblog.com/
I work at JCPenney and there stock has been very cheap the past few weeks (5 dollars) and was wondering if it would be a good chance to invest. I have never invested in the stock market before and wondered if someone could give me more info.
*Can I just buy a few shares like 20, and I would pay about $100 or are there a lot of other fees?
*When their sales fall, will I be losing a lot of my actual money?
Thanks!
