I would recommend opening a DRIP Plan.

They are seldom recommended by brokers due to the low rate of commissions received. However, these
reinvestment plans can be very powerful long-term investments. Studies have shown that DRIP's are one of
the best strategies on Wall Street.

They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan.

Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip
Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases.

These long-term plans are great for beginners as well as veterans. Check them out.

Best of Luck

$100 isn't very much to invest. You can't really invest in mutual funds because most require minimums of at least $3000. So you'll have to go with individual stocks if you really want to play the market.

There's no good way to know which stocks will do best, but with only $100 you can afford to just "play around" with it. Invest it in a company you understand and are interested in, maybe one that pays a dividend and will let you make future investments at no cost. Is there a particular brand or product you really like? Do you know someone who works at an exciting company? If you care about the company you're invested in, you'll be more likely to learn about it and follow how it's doing.

The go to that company's website and see if they offer stock purchase plans that don't cost too much. If not, you can try E*TRADE or a similar online broker, who will charge you a flat fee to invest.

Read up on investing before you commit thousands of dollars, but go ahead and see what you think might work with only $100.

That's not enough money to invest in stocks. The commissions are going to destroy you. Normally $25 to buy and $25 to sell... there is half your money gone instantly. All of a sudden your stock has to go up 50% just to BREAK EVEN.

Save up $5,000 or so, then you will be ready. $2,000 minimum.

Are you planning to invest $100? You will loose about $10-$15 of your investment within a year. Here is how:

1. You will have to pay a brokerage fee of $10 (estimated) to buy shares
2. You will have to pay a brokerage fee of $10 (estimated) to sell shares.
3. You will have a opportunity cost of $5 (estimated)
4. Total cost is about $25 and you will earn about $ 10 from your investment. So, you will incur a loss of about $15
What is opportunity cost? You choose not to leave $100 in bank and earn $5 interest; that is opportunity cost.