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No. of Recommendations: 1
Hi motleybaluga888,

Welcome to the Fool and whatever service you subscribed to.

"Maybe some penny stocks"

Rather than buying penny stocks, I suggest taking your money to a safe burning site, pile it on the ground with a little gasoline and light it. It will get rid of your money quicker and with much less pain on your part.

In other words, don't waste money on penny stocks. They are worth exactly what the price is, next to nothing. Investors don't want them and you shouldn't either.

Ok?


"How much does a newbie have to invest to buy your recommended stocks since they're over $100 or more?"

If you do not have sufficient money to buy a single share, look into a broker like Fidelity that does fractional shares.


If you have an idea that you must own a "bunch of shares" forget that notion.

A share of stock is a partial ownership of a company. A slice of the pie. Share count is meaningless by itself.

A company is valued based on the total shares outstanding and the share price.

Think dollars instead. You invest dollars into a partial ownership of a company. Share prices generally move by percentage.

If you invest $1,000 in a company and the price increases 10%, you will have $1,100 worth of stock, a $100 gain. It make ABSOLUTELY no difference if you purchased 1 share for $1,000 or 10 shares for $100 each. You started with $1,000 of stock, ownership in that company and now you have $1,100 of ownership.

Does that help you?

Gene
All holdings and some statistics on my Fool profile page
http://my.fool.com/profile/gdett2/info.aspx
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