2006-07-28 21:26:33 · 6 answers · asked by Mars 2 in Business & Finance ➔ Investing
No, it's not hard to invest in the stock market.
It's also not hard to send people to the moon.
All that's needed is a plan.
Anyone investing in the stock market to make a quick buck, usually winds up losing and getting frustrated.
So, sit down with your financial situation and see if you can map out a plan.
Determine where you want to be financially in...say twenty years from today.
Set goals.
Then determine what amount can be invested on a weekly basis.
Don't look at the short side of it, because there will always be peaks and valleys.
Money goes into various stock markets at different times of the year, so when you start out, it might not be the best time.
Good luck, and make it a good journey. Learn from it.
2006-07-28 21:36:11 · answer #1 · answered by Anonymous · 1⤊ 2⤋
LeonardL has given you good advice. Investing should always be long term--20 years or more. Buying and selling stock in the short term is speculation. As example, Coca Cola went public in 1919 and sold for about $16 per share. Had you granfather or great grandfather, as the case may be, purchased 1 share in 1919 and reinvested all the dividends during the years that purchase today would be worth over $98 million.
Before purchasing stocks, you need to decide if you want to be an investor or a speculator. Do you want to build wealth or just the thrill of risking your money? The are lots of books available for both.
2006-07-29 03:15:21 · answer #2 · answered by Overt Operative 6 · 0⤊ 0⤋
No. It's very easy to invest in the stock market. Now, if you want to make money, that's a whole'nudda ting! I suggest you do some reading. Tons of books out there. And, avoid the market. Buy mutual funds with a track record & history best suitied to your needs and goals.
2006-07-28 21:32:59 · answer #3 · answered by Mr. C 3 · 0⤊ 0⤋
It's easy to invest in the market. It may or may not be hard to make a profit. But it is very easy to lose money in the market.
My advice - do a lot of reading on the market. Motley Fool (www.fool.com) is a good place to start.
2006-07-29 08:51:34 · answer #4 · answered by kako 6 · 0⤊ 0⤋
You can really get a big dividend if you invest in the right thing. The problem is you don't know what will boom in the coming months or years and when you should pull. That's why you need a really, really good stock broker who you really can trust with your money.
2006-07-28 21:30:20 · answer #5 · answered by Anonymous · 0⤊ 0⤋
who says! i have a cousin who earns well by just buying a selling in the stock market
2006-07-28 22:45:38 · answer #6 · answered by kevin 4 · 0⤊ 0⤋