HOW DO YOU CALCULATE PROFIT ON THESE STOCKS IN DOLLARS?

S&p
1,097.91
+10.23(+0.94%)

Nasdaq
2,176.32
+19.52(+0.96%)

Are these great to deposit in for prolonged tenure and/or reduced term(to have the quick buck)?

What alternative corporations as well as co. is decent sufficient to deposit in during this catastrophic economy?

{ 2 comments }

Judy August 14, 2011 at 5:21 pm

I just bought the S&P.
I did it by buying an etf called SPY that tracks the S&P.
Easy way to diversity.
Not sure what the nasdaq etf is – just google it.
I would stick to etf’s if you are new to investing.
They don’t have the ups and downs the market has and it’s an easy way to diversify.
/

normandsal August 14, 2011 at 5:53 pm

The S&P or S&P 500 is a group of 500 companies. The Nasdaq is a stock exchange with over 3000 companies in it. There is an ETF called QQQQ that has Nasdaq companies in it.

ETF’s trades like stocks and it is very easy to calculate profits and losses.

Never look to make the fast buck. Dollar cost yourself in any investment. This means put your money in slowly. Over the long term you will probably get a 8-10% return.

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