I just set up an acount with a broker and I have never bought stocks..?

Question:

I am 21 years old and I just set up an account with a broker. I am clueless as to what to invest in. I can only invest 30 dollars a week. Any tricks of the trade or possibly a good tip to get me started? Any knowledge to help a young investor out?

Answer:
check out GNBT (Generex Biotechnology)

At $30 per week, your best bet is to start with Mutual Funds. Wait 'til you've got a few thousand at least to start worrying about stocks. Mutual funds are more diversified, and safer to get into when you don't know a lot.

While you're building up capital, read a few books, because there's a lot more to learn than we can teach you in AnswersRoom.com. Start with Peter Lynch's "One Up on Wall Street", then Jeremy Siegel's "Stocks for the Long Run", and finish with Benjamin Graham's "Intelligent Investor". That will give you more than most investors have. There are lots of average books out there, but these three will give you top quality understanding.

Very simple, open a Roth IRA account with your broker and keep investing your $30 weekly in your account.

i say this for certain..find a primerica rep to help you best advice out there, they are in it for you!

I just set up an acount with a broker and I have never bought stocks..?

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