Any info or guidance would help. I have no experience in any investing, i would like to get started online, but i dont really know where to start. Thanks for your help!
2006-08-03 06:46:54 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
Simple: read EVERYTHING.
Know yourself and learn as much as you can about many investing subjects. It will take a lifetime of learning before you even realise that you know nothing.
http://www.marketwatch.com
http://www.bigcharts.com
http://www.stockcharts.com
http://www.morningstar.com
Just for starters...
2006-08-03 17:30:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I gathered like 1500.00 dollars and went to Etrade. But first I bought the stock through a Direct Stock Purchase Program. Basically this is a way that MOST of the money you look to invest into a company goes towards buying stocks. If you were to go through a broker they take some percentage first.
But ussually like with Etrade and others they will offer a first x amount of trades to be free.
First pick your stock then check if they have a Direct Stock Purchase Plan. Remember though if you go the route of Direct Stock Purchase Plan, you'll send the money in and they'll buy it whenever they get it. This is a bad thing cause the price may be low when you decide to buy, but by the time the money gets over there it could go right back up.
So if you wanted to buy now and fast you'd have to go through a broker.
good luck! Also, read a book or two on Stock I did and it helped me a ton before I went in and started buying.
2006-08-03 14:03:36 · answer #2 · answered by QuestionsAnswered 2 · 0⤊ 0⤋
Again, Hoa is right on.
Personally, my account is in scottrade, $7.00 per trade, no inactivity fee, $500.00 online min, no min for offline account.
Go to www.stockcharts.com, and read the ENTIRE site BEFORE you put 1$ down ANYWHERE!.
Become versed in their Chart School, read it all. Its free, its good. Then go to Yahoo Finance, and read thru ALL the definitions of the KEY STATISTIC's section, and make sure you understand them.
Use the info from Yahoo Finance, and StockCharts to pick some stocks and TRACK THEM in a Yahoo Finance Portfolio, Before you put any cash to work. Try several variations of systems you develop. If they come out good, good. If not, learn from your errors, and re-do these systems till they work. Do not get discouraged, keep trying, and you probably will make a buck for real, after you have been able to do it in Yahoo Finance.
Good Luck
2006-08-05 17:23:09 · answer #3 · answered by denaliguide2 3 · 0⤊ 0⤋
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com>... university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 71,000.00 and 30000.00 in taxble account. by follow simple rule
2006-08-04 02:33:41 · answer #4 · answered by Hoa N 6 · 0⤊ 0⤋
There's FX trading but be careful...see links below
2006-08-03 15:23:54 · answer #5 · answered by Frank B 2 · 0⤊ 0⤋
etrade sucks go to sharebuilder.com you can start with any price no minimums like etrade or that others.
2006-08-03 15:49:04 · answer #6 · answered by Anonymous · 0⤊ 0⤋