So recently I've been giving thought to the stock market. I don't have thousands to invest in, so I was looking for a broker with no starting minimum nor high trading feeds.
So, right now I'm adopting a medium-risk strategy that consists of maximizing shares with a short amount of money. At this point I can only spare around $100 a month, so it's an all-in transaction, dumping $100 in shares in a company that has a promising future or that is severely undervalued. You won't be making money in the short term, unless the stock skyrockets; but you are most likely going to get a huge return on those $100 than by just putting them in the bank.
For example, the downgrade of European debt for Spain and Italy had an impact on some important companies here, making the price to which they fell more than standard appeal to buy and hold for a couple of months.
I won't be posting names of the ones I think are sleeping giants just yet, mainly because my bank account is not completely set up with the broker.
I'm also thinking about starting a blog in order to "document" how this will turn out, as well as some advice, especially for small investors, extremely small even.
What do you think OT?