Request for an advice

I just got 5000 UDS from selling an item I had and I wanted to buy stocks
for it.
1. I was wandering if I should get options, I have a margin/options account
with Scottrade, or stay with stocks?
2. Which stocks would make sense to buy for 5000 (10.000 or margin)?
3. Should I get something cheap enough that I can get 1000 or more shares or
should I get something like HAL where I can only get about 150 shares?
4. What about volume? Should I stay above a million or two a day?

Thanks in advance for any advice.

Jay

Re: Request for an advice

"Jay Stevens" <> wrote in message
news:YhiQf.74836$
>I just got 5000 UDS from selling an item I had and I wanted to buy stocks
>for it.
> 1. I was wandering if I should get options, I have a margin/options
> account with Scottrade, or stay with stocks?
> 2. Which stocks would make sense to buy for 5000 (10.000 or margin)?
> 3. Should I get something cheap enough that I can get 1000 or more shares
> or should I get something like HAL where I can only get about 150 shares?
> 4. What about volume? Should I stay above a million or two a day?
>
> Thanks in advance for any advice.
>
> Jay
>

Jay, based on the questions you are asking my advice is to keep it in a
money market fund until you have a more knowledge of the market. You're
just going to get hurt.

704set

Re: Request for an advice

704set wrote:

>"Jay Stevens" <> wrote in message
>news:YhiQf.74836$
>
>
>>I just got 5000 UDS from selling an item I had and I wanted to buy stocks
>>for it.
>>1. I was wandering if I should get options, I have a margin/options
>>account with Scottrade, or stay with stocks?
>>2. Which stocks would make sense to buy for 5000 (10.000 or margin)?
>>3. Should I get something cheap enough that I can get 1000 or more shares
>>or should I get something like HAL where I can only get about 150 shares?
>>4. What about volume? Should I stay above a million or two a day?
>>
>>Thanks in advance for any advice.
>>
>>Jay
>>
>>
>>
>
>Jay, based on the questions you are asking my advice is to keep it in a
>money market fund until you have a more knowledge of the market. You're
>just going to get hurt.
>
>704set
>
>
>
>
I second that.
Don S

Re: Request for an advice

Don S wrote:
> 704set wrote:
>
> >"Jay Stevens" <> wrote in message
> >news:YhiQf.74836$
> >
> >
> >>I just got 5000 UDS from selling an item I had and I wanted to buy stocks
> >>for it.
> >>1. I was wandering if I should get options, I have a margin/options
> >>account with Scottrade, or stay with stocks?
> >>2. Which stocks would make sense to buy for 5000 (10.000 or margin)?
> >>3. Should I get something cheap enough that I can get 1000 or more shares
> >>or should I get something like HAL where I can only get about 150 shares?
> >>4. What about volume? Should I stay above a million or two a day?
> >>
> >>Thanks in advance for any advice.
> >>
> >>Jay
> >>
> >>
> >>
> >
> >Jay, based on the questions you are asking my advice is to keep it in a
> >money market fund until you have a more knowledge of the market. You're
> >just going to get hurt.
> >
> >704set
> >
> >
> >
> >
> I second that.

Third.


> Don S

Re: Request for an advice

Don't get the options account. Don't get shorting account. Don't get
margin acct. Just a basic acct. Then learn how to read the yahoo
finance where you put in the ticker. Buy a Wall Street Journal and read
it. Buy a few books on how the stock market works. Your broker should
have some lists of in play stocks. Look at those.

Stock Market Basics. You buy a slice of the market. Some small, small
percentage. Over time, the market grows because the economy grows. The
economy grows because of increased standard of living and population
increase. Later on, you still own the same slice of bigger market. So
you are better off.

Perhaps you can find something out about the company you work for or
tradable stocks in the business your company is in. Buy what you know
and what you understand.

Don't take big chances, with $5000, you can buy $1000 of 5 stocks. That
should get you started.

Re: Request for an advice

The market is or has topped IMO. I would:
Stay away from margin
Stay out of the market for several months until the indexes drop say
20%. Buy ETF index such as MDY. Avg your costs by staggering
purchases. Be extremely cautious during earnings announce months like
Jan Apr July Oct as prices get driven up by expectation and pumpers
like those that work here and then tank with the disappointments.

"Investors make money, Pigs get slaughtered"

arthur
==

On Fri, 10 Mar 2006 17:01:44 GMT, "Jay Stevens" <> wrote:

>I just got 5000 UDS from selling an item I had and I wanted to buy stocks
>for it.
>1. I was wandering if I should get options, I have a margin/options account
>with Scottrade, or stay with stocks?
>2. Which stocks would make sense to buy for 5000 (10.000 or margin)?
>3. Should I get something cheap enough that I can get 1000 or more shares or
>should I get something like HAL where I can only get about 150 shares?
>4. What about volume? Should I stay above a million or two a day?
>
>Thanks in advance for any advice.
>Jay
>

Re: Request for an advice

How about 100 or 500 or 2000 stocks via an index and not worry about
the snakes selling apples?

a
==

On 10 Mar 2006 19:01:00 -0800, "Doug" <>
wrote:
>
>Don't take big chances, with $5000, you can buy $1000 of 5 stocks. That
>should get you started.