Question about Sony and the recession.

[Euphoria14]

FishyJoe said:

Euphoria14 said:

FishyJoe said:
Any of the major online discount brokers should be fine. Ameritrade, E-trade, Scott trade, etc.

 

 Let's say I pick up these stocks, would 2,000 shares be enough for me to see a significant return if shares do happen to go up?

 

2000 shares is a lot unless you are buying penny stocks, which is dangerous. Some people only buy one share of a stock, for example google. You should probably do some research before doing this. A place like fool.com or finance.yahoo.com is a good place to start. Also watch CNBC as well. (I'm not joking about fool.com, it's really an investment site.)

 

I will have to check those sites out then.

They are stocks that cost around $.20-$.25 each, I have wasted money on worse to be honest, plus this company happens to exist in an industry that I feel gives it a pretty decent chance at a rebound. Even with the economic situation.

I look at it this way, buy breakfast for the next 5 days before work (which I really don't need, I can just eat at home) or buy 228 stocks a week. One only brings me a fuller stomach while the other can wind up helping out, even if it doesn't, I still end up where I would have been anyways.