Options Trading Tutorial

Planning for long term investments (10+ yrs) can invest monthly $100 to $300. Need suggestions to pick stocks?

Need details on how to analyse and select the stock. Which stock broker is good (prefer online trading option). Please provide information on this. Any good books you recommend on stock pick/stock analysing techniques will help.

Public Comments

1. I like td ameritrade............... I like ''the little book that beats the market'' by greenblatt. You might want to think about investing in qqq...top 100 nasd stocks............... after you read a couple of books on investing and paper trade for a year or two...........start picking individual stocks then.............the book is pretty good..............
2. Actually, what you need is a good mutual fund. Much easier to invest the $100 to $200 a month--no commissions. Check out Fidelity, T Rowe Price, Vanguard--especially T Rowe Price. They have a play that will automatically deduct from your bank account the amount you specifiy each month and invest it in the fund you choose. They have some very good funds. And there is much less specific risk that way.
3. If you are going to put purchase $100 to $300 in securities every month, and you have a long-term investment plan, then I would recommend a DRIP Plan. They are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street. The best part is you get solid annual returns from well-known, safe Blue Chip companies like: McDonalds, General Electric, Pfizer, Walmart, US Bancorp.......etc........ They are inexpensive to start and maintain, and your dividends are reinvested for free. They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down. Look at all suggestions closely. I suggest asking someone close to you about your final decision, as they will be honest with you. Good Luck
4. I would strongly suggest a DRIP Plan. I have had mine for over 22 years, and the annual return rate is about 10.4%. It is definitely a long-term investment. The longer you keep the plan in effect, the better your return rate is. They are very inexpensive to start and maintain. Just be aware that about 75% of all mutual funds under perform the market. ETF's would be a better option than mutual funds. However, in my opinion, DRIP Plans are very solid investment vehicles. Good Luck
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6. If you can invest $100-$300 monthly over the long-term, especially, 10+ years, I also suggest mutual funds or DRIPs. FYI: DRIPs are simply "dividend reinvestment plans", a great way to buy stocks and to reinvest dividends paid. I suggest that you read a few books that have been quite helpful to me: *Kramer's "Real Money" *Investing for Dummies ~ Eric Tyson *Rich Dad Poor Dad ~ Robert Kiyosaki These books will provide additional insight and are quite engaging. Good luck!