Your Questions About Good Money Making Stocks

Ruth asks…

Is now a good time to invest in stocks if you have the money?

My husband has been spending extra money on stocks, is this a good decision? Or should we be saving our money? Do you think this will pay off in the long run? We make a decent income, but we are by no means rich. But our only monthly debt is our car notes and house payment.

Thanks for any advice.

John answers:

It really depends what he is investing in, but assuming they are financially and economically sound companies, I would say that now would be a good time to begin investing in stocks, as they are relatively cheap, compared to historic levels. Stocks have historically given the best annual return (10%) of any asset class over the long-run. Saving money is great, but the interest rates are low, and the compounding effect is minimal. Therefore, assuming you do not need the money anytime soon (a few years), investing is the way to go, as it has historically provided the best return, especially if you are beginning to put money into the market now, as stocks are down between 30% and 40% on average.

Just some quick thoughts, I hope they helped.

William asks…

What are some good stocks to invest in?

I am playing a stock market game in my economics class and I am wondering what are some stock I can buy to make me some good money 🙂

John answers:

……….to make money ! Within what time limit and with what investment of your time?……..though for long term you can buy GE,F,GLW and C.Keep them at least for one year after buying with Today’s price.Safest………at least you will not loose.

Nancy asks…

Can you make good money if you buy an stock but don’t sell it?

Even if the stock share price double, triples and quardurples. If I don’t sell the shares it would be just as if the value was when I first bought it right? I mean dividends won’t make me rich right? Payouts from dividends are going to be nowhere close to the total value if I sold all my shares.

Also the hold time would be, 15 -30.

John answers:

Dividends can be a significant income stream. I’ve been buying 100 shares of one company each year for 12 years. This year my 1200 shares of this company will pull in $1200, which would allow me to fund another investment.

Carol asks…

What are some good penny stocks to invest in? Are all penny stocks scams?

I know a lot of penny stocks are basically fake companies that people manipulate info and stock prices to make money and screw others, there have to be some legit penny stocks though, what are some? Years ago my buddy and I bought a bunch of stock that turned into US Cellular stock and we got it at like 6 cents. Any good penny stock picks?

John answers:

You have a point… I have answered a similar question here in yahoo.. Would like to answer the same to you too..

Probably you can also explore the details about the companies mentioned below from one website and through companies own websites.

For the new investors or small investors in stocks i would strongly suggest all to go through a list of penny / pink stocks like “Juniper Groups”, “Bio Metrix”, “Bio Magnetics Group”, “Critical Solutions”, “Pro Motors Group”, “Vertex Communication” and “EENR”. Also for more details of these penny stocks i would suggest investors to view and the profiles of the company mentioned above.

I would also justify why penny stocks because one thing is for sure that you wont loose a huge huge amount and moreover you have an opportunity of getting more than 100% of the returns and the penny stocks have proven in difficult times too by giving good damn returns…

Daniel asks…

can i make a good living just trading my own money in the stock market?

i want to make enough money in the stock market to pay for my house in cash(about 900 grand) then can i just keep making a living in the stock market? or should i open my own business? or invest in real estate? im only 20 years old

John answers:

Yes you can make a good living trading in the stock//option market IF you know what you are doing.

However, even trading in the stock market should not preclude you from making entering other markets ie the currency and real estate markets.

Just make sure you fulfill four basis requirements for trading/investing
1 – A written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself.
2 – Sufficient trading/investment capital. Use your own money, there’s no need to go into debt so that you trade/invest.
3 – A written money management program in place. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested.
4 – A full and complete understanding of the rules & regulations of the industry.

Good luck, I hope you do well and that I could help

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