One of the best things about stock market investing is the fact anyone can get involved with as little as a few hundred dollars. And once you've bought some shares, you can hold them forever.
However, one of the biggest hurdles facing new investors is a lack of ideas.
Ideas can come from friends or a financial advisor. However if your friends aren't interested in stocks or if you don't see a financial advisor regularly, chances are, you could find it difficult to get some good stock ideas on your watchlist. I know I did.
To help you on your way, here are four stocks I'd gladly buy today, if I had $10,000 to invest.
1. Collection House Limited (ASX: CLH) is a small-cap receivables management company specialising in debt collection, debt ledger purchasing and related legal services. Despite non-stop earnings per share growth since 2006, the company still appears cheap.
2. M2 Group Ltd (ASX: MTU) is the owner of Dodo, Primus, Eftel and Commander telecommunications brands. The group has experienced exceptional acquisitive growth over the past five years and although its future growth mightn't be so quick, I think there's still value to be unlocked in M2's share price over the long term.
3. ResMed Inc. (CHESS) (ASX: RMD) is a developer and distributor of respiratory devices throughout the world. The market for sleep-apnoea is a big one and despite growing strongly over the past 10 years, ResMed still has a long growth runway ahead.
4. Cochlear Limited (ASX: COH) is a manufacturer and distributor of implantable hearing aids. After it experienced a tough run over the past couple of years, which included a product recall, the company appears to be back on its feet, with revenues growing strongly in FY14.
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