1st time investing in stocks.?

I would be weary of both companies right now, but for different reasons. First of all you are young and looking at two companies that that don't have near term growth potential. General Electric can be considered a "value trap" it looks nice and cheap with a solid dividend, but don't expect much out of this stock anytime soon, you may not lose money much money in GE, but I doubt you will get much of a gain in it for awhile. If you are looking for a similar company to GE take a look at EMR. Be aware that Countrywide has a lot of issues, being bought and possible more issues with the mortgages. There has to be a better stock out there to look at. If you want to take a look at some higher quality, beaten down financial stocks, maybe BAC or C would be a better long term growth play with dividends...Ag stocks look good long term (POT, MOS, TRA, AGU,MON) and I also think HON is pretty cheap. Just a few ideas...good luck.

Congratulations on your interest in the stock market and investing. You are many years ahead of other kids your age.

You are very young, so you should take a long term approach to investing.

Look at all the suggestions given to you and ask your parents what they think, for they will have your best interest at heart.

Your first option should be to fund fully a retirement account, this is always a great initial investment.

If you have done this, or you wish to wait on the retirement fund until you find a job that you feel you will stay with for many years, then one of the best things you can do is open a DRIP Plan.

They are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.

The best part is you get solid annual returns from well-known, safe Blue Chip companies like: McDonalds, General Electric, Pfizer, Walmart, US Bancorp.......etc........

They are inexpensive to start and maintain, and your dividends are reinvested for free.

They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down.

Good Luck

General Electric.

yean like one guy said u shud do funds for a little while u kno.... then if u wanna buy shares u shud go for blue chip companies... they are like big time companies that u really cant lose too much money on... maybe apple is good for u but it doznt look like u hav enuff money to buy alot of those shares... u shud always diversify ur portfolio so buy up shares for diff companies that are way under 100 bucks and u shud be seeing a profit and wont lose all ur money with one company dropping

GE and Country wide are nice i like bank of america and apple but theres really no big loss because these are not high high high risk companies... like they wont die out over nit e... probably exxon is good too

Investment Strategies; Circuit City (CC)

The talks of impending stagflation, in our opinions are miscalculated. Consumer Electronic companies especially Circuit City, rearing from mis-management, are undervalued in today's current market. The savy investor should consider Circuit City (CC) solely becuase of new management and a revised business plan that caters to consumers with increasing spending power. Circuit City is a spectacular buy at the current undervalued state, and is expected to rise in the near future according to most analysts. The company is under going major transitions as it attempts to stock shelves with higher grossing consumer products. A investment in CC should be considered for the mere fact that the company should see earnings increase during the upcoming tax season.