Expert: Dr. Joseph de Beauchamp - 4/28/2010

Question
I am interested in see what the stock markets are all about, what kind of stocks are good to invest in and what is the minimum amount of money you can begin with

Answer
You should consider a mutual fund. There you can buy into a mutual fund for about $100 per month. To mess around with stock, you should have over 10 positions in unrelated areas. This would control the risk of one stock, and allow you to be spread out over the higher risks of stocks. This would take considerable money today ($10k or more). I am also of the opinion that we are several years away from the stock markets to make money for anybody.

Dr. Joe de Beauchamp