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re: 3k to invest in stocks...how would you recommend to do it?

Posted on 7/13/17 at 12:58 pm to
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43478 posts
Posted on 7/13/17 at 12:58 pm to
quote:

I currently have about 3k that I could invest in the market...what would be some stocks to recommend, and how would you recommend the split?


That's not enough to really build up a diversified portfolio of stocks. There are some mutual funds if you are interested in just market rates. Otherwise what may be best is just pick 1 stock (preferably a company you like a lot and use their products) and put everything in that. Then when you have more money saved, pick a different stock probably something in a different sector.

large cap (well known) companies will be your best friend if you aren't really trying to learn about the stock market. Otherwise, read and learn and make decisions in the future!



quote:

bump. Would the oil and gas industry be on y'alls radar since it is struggling?


No. Maybe Exxon.
This post was edited on 7/13/17 at 1:18 pm
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