Which Stocks to Invest Your Money in The Stock Market
Want to make some money? These stocks have great potential at a low price.
The stock market can be a tricky game to play. Some days may look great and others, not so much. But every time you hear about the stock market, people always suggest buying low and selling high. Well duh. That is the object of the game isn’t it? So why not get some better advice. Of course you are investing to make money, but what type of investing are you really doing? Do you want some quick cash tomorrow or do you want something to rely on in ten or twenty years?
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After the recent economic issues and major economy crash, the stock market is starting to rebound, but still stay low. Is this the time to buy? Or will they bottom out a little more in the days to come? That is the tricky question. Do you buy today and just hope for the best in the next few years, or do you hold out and hope they do raise more?
I would buy now. Even if you are looking for a short term investment compared to long term, now is the time to buy. The economy is still kind of iffy, stocks are up from the March 9th crash, but still much lower then their all time highs, and only time can make you money. But which stocks to buy? I was all over solar energy stocks for a while. I did my short term investment of only a couple weeks and made my money on a few. But if I had looked into the long term, those stocks I had are now triple what I had them at.
Penny stocks are the way to go. If a stock is under $5 a share, it is a penny stock. They are much more affordable. For example, if you take $1000 and buy United States Oil (stock symbol USO) for $25.00 a share, you can only get 40 shares. That means every time the stock goes up $0.01 you only make $0.40. Sounds good if it goes up a couple bucks in a day, but on the flip side, look at the New General Motors. Their stock, before bankruptcy, was at a steady $3 to $6 after the economy went bad. Now, at only $0.90 a share, up $0.40 in 3 days, it is still low enough to take that $1000 and buy over 1000 shares. Now for every penny GM (stock symbol MTLQQ.PK) you can make $10.00. If the stock goes up another $0.20 tomorrow, you make over $200 in one day. It is just one of the few stocks to buy. But if you only have $1000 to use on stocks right now, I would not put it all on GM. As the say goes, don’t put all your eggs in one basket.
Another good stock to buy is AXL. Right before the big economic crash, American Axle was a $50 stock. Since January of this year, their stock has gone from a low of $0.51 to a high of just over $4. This stock I bought at a good price and I have been just holding onto. It did get just over $4, and with my luck, the day after I bought it. But it dropped back down for a while. Now that GM and Ford are picking up on their productions, American Axle is getting more of their work again. It has some good potential once this economy is fixed.
I give all credit for these symbols and prices to Yahoo! Finance.

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