I want to invest in some shares, anyone got any tips for who i should invest in?

[mufc_daddy]

I've saved a couple of grand as of late and want to start investing whilst i am still a teenager.

My Dad says if i am to buy some shares that i should:

Buy small amounts in several different companies and either:

A) Buy them and forget about them or
Pay attention to them every day.


Knowing myself i will not pay any attention to them.

Anyone got any tips to what company(s) would be good ot invest in?

 

[eddy_87]

i invested all mah money in different way.....
i give it to loan and gets 10% of it every month till he/she pay back the monay to me.....
it's very2 effective but i do think bout safety too, so i make him sign an argreement so he can't run away with mah money.....
i pay my monthly internet bills, phone bills, buying cd's all from the income i get each month.....
for me, this is da best way to mutliply my grans......

so far, i've invested half from my grans, and got back 3x from the real monay i invested (not included the monay he have to pay me back)

 

[mufc_daddy]

Interesting. But i'll stick to buying shares for the moment thanks.

 

[Rob]

I think AMP would be good to invest in.

Yesterday it signed an agreement with its parent company in the Uk and AMP is now a free company and can expand. Also this mean shares will rise, they rose 15cents at the end of trading yesterday.

Another 50/50 company like AMP atm would be Virgin Blue, they have only recently been floated on the stock market and I think if you get in early, will be a worth while investment, unless they go bankrupt like companys that have tried to take on Qantas have before, but for some reason I think Virgin Blue would be a good investment.

Also, maybe you could wait for Telstra 3, if the government gets its way. Stay away from Insurance but, because its bushfire season.

 

[Budge]

nah dont go telstra...i have telstra 1 and 2 shares, they are struggling a tad at the moment.

amp is iffy, but i think virgin blue might go alright

 

[monkee]

If you're British www.fool.co.uk might be something to read?

 

[celtic_bhoy]

my parents bought AMP shares like 10 years ago at like $22

 

[Rob]

lol, They have lost alot of money.

 

[Glorious]

ALCOA shares are good
and always go for Blue chip shares like BHP and Hamersley Iron.

AMP

 

[Budge]

bhp are expensive tho, its probably best to do short term investments at the moment, like find a new company, wait till ur money doubles or triples, then bail

 

[Glorious]

BHP are going up up up so i would buy into them even though it may be pricey.

 

[Budge]

yeah but profit margin is small even if u stay on for a long time

 

[Parra Power]

channel 10 shares have been going up steadily over the past year...... i see no reason why they shouldnt keep going up

 

[Budge]

maybe everyone has finally realised that channel 7 really is ****...i cant stand all those reality programs tho, **** me up the wall, i cant believe they are thinking of doing ANOTHER big brother after ratings flops last time

 

[Parra Power]

sooooo many new reality programs coming out too....... the resort? wtf

 

[Budge]

theres also some other one coming out about some business i think, or some wierd piece of ****...then theyres those things like love me love me not, and the new one that starts like sunday wife swap...i mean what the fuck??? thats just bullshite...no originality these days

 

[Glorious]

i guess it is a legit way to **** some bitch and your wife with some guy!

 

[Budge]

but have u seen the wives??? and the husbands??? no wonder they want to swap...

 

[AhmedK]

Leeds United....the shares are only 29.99....and when they get that arab prince to buy the club they will be like chelsea.

 

[mufc_daddy]

Guys i am gonna buy 500 Virgin Blue shares for the moment and see how i go with them.

If they go good and i buy more and become a millionaire i will treat every person in this thread with a shiny penny.

Thanks guys.