7 Stocks for Beginners to Buy Now
Allocating a reasonable portion of investment portfolios to stocks is an excellent way of building long-term wealth. Yet, researching thousands of stocks amid today’s extreme volatility and uncertainty can overwhelm a new investor. As starters, beginners can consider buying shares of well-known, established companies they are familiar with instead of betting on speculative stocks. For example, legendary investor Warren Buffett would buy a stock only if he saw “what they’re going to look like 5, 10, 20 years from now.” Meanwhile, investing in a diversified portfolio of index exchange-traded funds (ETFs) with low fees has also proven easy to generate reliable returns in the stock market. With that information, here are five stocks and two ETFs to buy for those looking to start an investment portfolio now. Ticker Company|Fund Recent Price BP BP $27.48 KO Coca-Cola $61.20 QQQE Direxion Nasdaq 100 $67.44 E Eni $22.36 RSP Invesco SP 500 $139.82 V Visa $214.72 DIS Disney $103.25 Stocks for Beginners: BP (BP) Source: TK Kurikawa | Shutterstock.com First on today’s list is London-based BP (NYSE: BP ), one of the largest companies involved in the integrated energy business, including oil, gas, low carbon- and renewable energy.
7 Stocks for Beginners to Buy Now
Allocating a reasonable portion of investment portfolios to stocks is an excellent way of building long-term wealth. Yet, researching thousands of stocks amid today’s extreme volatility and uncertainty can overwhelm a new investor. As starters, beginners can consider buying shares of well-known, established companies they are familiar with instead of betting on speculative stocks. For example, legendary investor Warren Buffett would buy a stock only if he saw “what they’re going to look like 5, 10, 20 years from now.” Meanwhile, investing in a diversified portfolio of index exchange-traded funds (ETFs) with low fees has also proven easy to generate reliable returns in the stock market. With that information, here are five stocks and two ETFs to buy for those looking to start an investment portfolio now. Ticker Company|Fund Recent Price BP BP $27.48 KO Coca-Cola $61.20 QQQE Direxion Nasdaq 100 $67.44 E Eni $22.36 RSP Invesco SP 500 $139.82 V Visa $214.72 DIS Disney $103.25 Stocks for Beginners: BP (BP) Source: TK Kurikawa | Shutterstock.com First on today’s list is London-based BP (NYSE: BP ), one of the largest companies involved in the integrated energy business, including oil, gas, low carbon- and renewable energy.