Expert: Dr. Joseph de Beauchamp - 7/19/2007

Question
hello

i want to ask some questions about investing

when i asked a broker he told me that at my investing he will take (5/1000) of each 1000$ i invest , so is that realy or he is a fraud ?

whats the condition that it have to be match me to invest in stock (new investor) ?

what can i do or learn to be good short term investor ?

investment in stock need experience ?

whats the minimum range can i invest (some said that i can share with 100$ only) is that true ?

whats the difference between bears & bulls ?

whats your opinion about penny stock ? can you give me recommendation ?

wish to hear from you soon
thanks

Answer
I recommend that you go to the local library. Check out the Valueline and Morningstar books. These are large books and contain thousands of pages of stocks, bonds, and mutual funds. They rank these, and recommend them. You will learn much from these pages, and you should take time to read the material. You will find an answer to all your questions in these two books, and this is for free. You are starting off with discovery, and this you should do yourself. You will have many opinions given to you over time, and these are objective sources of information. Both Valueline and Morningstar shows results of their information over many decades.

Dr. Joseph deBeauchamp