Your Questions About Invest In Gold Stock

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George asks…

I’m in a fake investing club, and I have 10,000 Dollars to spend. What should I buy?

This can be gold, stocks, bonds, currency, anything. These purchases have to make money within this year. Please give me ideas and advice!!!!

Justin answers:

Gold, stocks

Ken asks…

What is a few hot and cheap stocks to invest in right now?

Just started investing in stocks, I’d like to know what’s hot out there. Willing to risk also. Don’t have too much $ but hope to change that. Thanks in advance.

Justin answers:

Its not cheap but gold is very bullish right now. Im guessing it will hit $1600 an ounce by the end of the decade

Steven asks…

What percentage of my portfolio should go into Gold and other precious metals? Gold ETF?

I want gold in my portfolio but I manage it from my IRA. Is investing in a gold ETF a good option? In this economic climate and with inflationary fears I’d like to move 25%-30% of my IRA into a gold ETF. On the other hand, a Gold ETF is trade-able for nothing but cash in the event of monetary failure? So does this negate the point?

Justin answers:

The sage advise is to own 2%, but not more than 5% in gold.
Better than gold in the long run is small cap stocks.

Joseph asks…

How do you invest and how many percents of your salary do you invest?

There are so many investments we can take.
E.g. : gold bars, insurances, stocks, bank savingy, etc.
To which one do you invest, and why?

Justin answers:

You invest what you can comfortably afford. What you invest in depends on different factors, such as length of time, risk level, and tax position.
Http://boards.thisismoney.co.uk/tim/forum.jsp?forum=113

David asks…

What is the best stock to invest in today?

I have $2,000 to invest in any stocks I want. Which stocks would get me the most money out of?

Justin answers:

First of all gold and silver are not stocks. Second at&t and Walmart or slow growth stocks and you said you only had $2,000.00 minus your trading fees of course.Third you wanted to make the best profit with your money.So taking into account One thoughThree it only leaves you to invest in a sub $9.00 stock. Here is your choices FORD(F),FREDDIE MAE (FNM),CITIGROUP(C) NETWORK ENGINES(NENG). Have fun making money. VAMP

Personally my favorite is NETWORK ENGINES (NENG)

Paul asks…

How can I be the financially successful man?

Hi, I need to know how can I find which stocks are good or which ones are long term and short term buy.
which companies or industries should I invest : metals, gold, technologies, scientific?
Also, I need to know which software is good on this planet that can easily be used for a small or medium home based business.
simply accounting or quick book?
I need a very good advice.

Justin answers:

One great resource is the Worden Report. It goes along with their software TC2000.

John asks…

How do you invest and how many percents of your salary do you invest?

There are so many investments we can take.
E.g. : gold bars, insurances, stocks, bank savingy, etc.
To which one do you invest, and why?

Justin answers:

If you can invest 10% of your income, that is where you want to be. However, just starting with 2-5% of your income, and being disciplined with that, is a good start. Then work your way up to 10%.

When it comes to what to invest in, I wouldn’t recommend that you give your money to someone else and let them manage it. You basically give them all the control of your money and you don’t want that. To start off, you’d want to get some education on investing so that you can make educated financial decisions and be in control of your money.

You can always check out a company called Learn About Shares in Drogheda. Their a great educational company that teaches how to trade the stock market. Their website is http://www.learnaboutshares.com

William asks…

What are already wealthy people investing in right now?

Do wealthy people who are already millionaires invest in penny stocks, or more on the upper echelon of stocks like Blue Chips and Mega Caps, Options, Futures and things of that nature? Are they always doing research or do they leave it up to their financial advisors to do the research for them. I heard Warren Buffet does his own research. True?

Justin answers:

Gold and Silver takes way too long to make money on. Penny stocks are a gamble however you are correct in thinking it is a quick way to make money. Try the forum link below for penny stock discussion. Good luck

http://www.newstockslive.com/forum/cgi-bin/yabb2/YaBB.pl

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