Anonymous
Anonymous asked in Business & FinanceInvesting · 1 decade ago

What stock will make money in 18yrs?

My Grand-nephew's !st B Day. Not another Sav. Bond. I want to get something unique. Even if it is only 1 or 2 shares. I don't plan on spending more than $100.00. I know it won't make him a millionaire, but I think it would be fun for him to have. Any safe suggestions? And how exactly do I go about getting it?

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  • 1 decade ago
    Favorite Answer

    Look around for companies that have made money for the past 18 years. Example: Proctor & Gamble. They make products people use every day, use up quickly and have to buy more. Plus they sell to just about every country in the world. Not only have they made money, but they made enough to raise the dividend each year for the past 50 years. Symbol is PG. Whatever brokerage company you use, ask if there is an account maintance fee, no activity fee, dividend reinvestment fee, etc. Beside E-Trade, there is Scottrade ($7 to buy), Sharebuilder ($4 to buy), and others.

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  • Mike
    Lv 6
    1 decade ago

    just buy into a company that you think will be around in 18 years. IF it stays in business for the next 18 years its must be making profits, which means your stock must be making profits. no company is gonna lose money consistantly for 18 years and stay in business. Also consider companies that make or sell products and services you use and that are great. Etrade.com is a good starting point in terms of where to buy at the stock from. I think you can buy 1 or 2 shares there. a broker is not going to help you buy 1 or 2 shares.

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  • 1 decade ago

    Two suggestions: 1) consider buying shares through a DRP (or Drip) program. If you plan on holding them for the long term, drips tend to have very low commissions (some have no commissions). 2) Consider buying one of the large brokerage firms (not E-trade/deep discount) - Merrill Lynch for example. You can feel confident that their sales staff will continue to be a leading investment pusher 18 years from now. Deep discount firms like E-trade couldn't sustain a deeper discount broker coming in a wiping them out; but, Merrill Lynch, Raymond James, Edward Jones, they all have great sales staffs, access to unlimited investments, and a growing base of 6 billion + suckers just a phone call away from another commission.

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  • Anonymous
    1 decade ago

    One stock that I own that you might consider is Energy Conversion Devices, ENER. They make solar panels, batteries for hybrid cars, and a new type of computer memory. Here is a link on the company:

    http://www.top10traders.com/ViewPost.aspx?postID=1...

    Here are some investors who like this stock:

    http://www.top10traders.com/ViewHolding.aspx?symbo...

    These links are from http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.

    Here are this month's best traders:

    http://www.top10traders.com/Top10Standings.aspx

    Hope this helps.

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  • Anonymous
    1 decade ago

    I would suggest you to check the website below to learn more on stocks and how to select the best stocks so that you will get good money after 18 years.

    Hope it helps

    http://money-review-site.com/shares.html

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  • Anonymous
    1 decade ago

    Food is always something pretty damn safe,to be honest. We'll always need food.

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  • 1 decade ago

    hat trick beverage

    Source(s): it's all about kids!
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