What is a good amount of money to invest or start working in stock market?
(I have a question. How much will it be a good amount of money to invest in stock market?
For example is $100,000-150,000 is this amount a good money to invest?
Can anyone suggest or advice me of someways that i could earn from this?
Thanks for the help)
Answer :
Your allocation to stocks, bonds, and cash depends upon your age, risk tolerance, and size of your investment portfolio.
This amount can earn about 6% per year annualized over some period of time.
I would recommend with this amount, all allocated to stocks, (that means you have other assets in cash and bonds), 10 companies each within a different sector for diversification. In other words, $10-15K invested in 10 different quality, dividend paying companies with proven earnings,increasing dividend history, manageable debts levels, and significant market share.
My choices would be:
answered in another question.
Posted: July 29th, 2010 under US Stock Market.
Tags: invest or start working, Stock market