Discussion in 'Stocks' started by rgilbert93, Apr 25, 2010.

  1. Hey guys- another request of your opinions..

    I know its a sad excuse for an equities account but I'm starting with 1k. I should have another 1k coming in soon with some steady income 200-350$/ month (I'm only 16), 100% of which I'll be adding to my account.

    Here are the ideas I have for quick and relatively safe returns:

    Go long on smaller cap stocks with a good track record (ex: GTE). maybe throw in an OTM cash backed put?

    Go with option plays such as a covered calls to reduce the comissions eating into my profits.

    Invest in ETFs to get some average returns with less risk

    These are ordered from most to least risk of greatest capital loss.

    Tell me what you guys think or what you got started with.