Do I have a good Stock Investment Plan?
Thursday, March 6th, 2008
jcb_khrs asked:
My plan is to invest 1000 dollars in the next stck that Warren Buffet buys. I will keep this stock until Warren Buffet buys another stock, then i will sell the previous stock, and buy that one.
For Example
Warren Buffet buys stock ABC at $20, I invest 1000 dollars in the stock as well
After a few monthes, Warren Buffet buys stock CBA, I would then sell ABC and use my money (and hopefully earnings) to buy CBA.
My plan is to invest 1000 dollars in the next stck that Warren Buffet buys. I will keep this stock until Warren Buffet buys another stock, then i will sell the previous stock, and buy that one.
For Example
Warren Buffet buys stock ABC at $20, I invest 1000 dollars in the stock as well
After a few monthes, Warren Buffet buys stock CBA, I would then sell ABC and use my money (and hopefully earnings) to buy CBA.
More Details: I am 15 years old, and my dad gave me 1000 dollars to invest in stocks. I want to be able to find stable, steady gaining stocks without having to do much research (Since i’m in grade 10 and need to put school first)
When Warren Buffet retires, I would just buy the next stock that Berkshire Hathway buys.
Also, I do not know which online broker to use. Can you reccomend any to me?
Thanks for taking the time to read and hopeullly answer this!!
Question posted courtesy of: Dawn
