Saturday, January 13, 2018

I have $100 to invest, what should I buy?

I want to invest CAD $100, what do you think I should I buy?

I am using RBC Brokerage, I will incur a $9.95 charge. I would like to make over 100% return in 6 months. I have very little idea if that's possible and of what I'm doing but I just want to jump in and try rather than use stock market simulators.

I'm not interested in penny stocks and im not interested in selling and buying within the 6 months, (unless I get 100% ROI) I think my profit would get eaten up by the 9.95 transaction fee.

I'd love to have a diverse portfolio because I think it would be more interesting to watch a few different ones.


Also to calculate my ROI do I include my transaction fee of 9.95 in the cost of my investment? Since the transaction fee is 10% of my total expenditure. ROI = (Net Profit / Cost of Investment) x 100 ROI = ((220-110)/110)X100 =100%

And am I mistaken, can I purchase a bunch of different stocks and pay the transaction fee once, or does the charge happen for each different company I purchase stocks from?



Submitted January 13, 2018 at 03:13PM by ZSesnic http://ift.tt/2r6b5qc

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