buying stocks..

[polisher]

i was looking to buy stocks but for a lower amount ...like below 100 bucks. i want to learn how it works and so i want to start with a small amount..so does anyone know a website where i can do it..and also i do not want to do buy on my own
i would prefer a Canadian one..but a US one will do too

[Old Pirate]

Do alot of research on any stocks before spending your hard earn money. Take a look at Mutual funds also. Try talking to a manager that work`s in these area`s and read up on Kiplinger`s Personal Finance Magazine.

[embolism]

stock market nowadays is like a casino. Here are some tips I`ve come to live by

If you are buying in an rrsp, then buy safe stocks that pay dividends (hopefully they have a DRIP program too). Yields of 4-5% are good but make sure it is a large, stable company (banks etc).

outside of an RRSP, forget buy and hold, get in, make money, then get out...

if you ever make money on a penny stock then consider yourself lucky and never buy it back once it goes down...and it will go down...

[Addicted2Bling]

You should invest in oil, with raising gas prices going sky high, I`m sure you`ll make some kind of money

EDIT: might want to check out gold too, gold is supposed to be going up

[ctvader]

Dividends are your friend and make sure you reinvest those dividends. Look at high quality stocks and stay away from scary high dividends - usually a sign a company wont be able to play. Try to diversify as well, spreading the money into 5 different sectors. Some of my favorite dividend plays are Annaly Capital (NLY), AT&T (T), Kinder Morgan (KMP), GE (GE). I learned a lot by watching CNBC, learning about dividends, diversifying, etc. You can also check out Motley Fool, thestreet.com, etc. I would choose the sectors you want to buy into and then find the best of breed stock in those sectors.

[mrclean81]

stock market nowadays is like a casino.

If one looks into what derivatives really are, its exactly like a casino lol.