How to Invest in Stocks With $10

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To invest in stocks with $10, check the local newspaper or Web sites that track stock prices to find a company that sells stock for $10 or less. Continue to invest $10 in quality companies over a period of time in order to make money with advice from an investment consultant in this free video on investing.

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Video Transcript

Are you a novice investor and investing your first $10 and looking for companies that sell at $10 or less. Hi I'm Roger Groh at Groh Asset Management. Today we're here to talk about how to find them. Well there are some ways that you can do it. First of all you can get your local newspaper and you can look in the business section and go down the list of publicly traded stocks and look for anything that is $10 or less. Other ways you might be able to do it well you can go to websites like Bloomburg.com or Reuters.com or Citigroup.com or Smith Barney or Schaub or others and they will help you scan for companies that trade between certain prices. In this case $10 or less. One note, there is no correlation between stock price and quality of the management team but generally more shares outstanding result in higher cost of maintaining that shareholder data base so sometimes those companies are less profitable than companies which have a higher sound price. Sounds funny but that's the way it is. The good news is for you the investor, the first time investor is there are a lot more $10 stocks today than there were a year ago and this is certainly a wonderful time to begin to average in. In all likelihood if you put in $10 regularly over a long period of time you'll do very well as long as you own high quality companies that sell at $10 or less. So start with your newspaper, maybe go to Barron's in your library, there is a longer list of publicly traded companies in there and then go to the data bases to help you. So I'm Roger Groh and that's a little bit about how to identify stocks of trade at $10 or less and thank you for spending a few minutes with me.

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