Can you make alot of money buying stocks? How ?

Answer 1

Most people do not make a lot of money buying stocks. To make a lot of money, one has to invest a lot of time and effort and have a little luck also. Some of your responders answered that you need a lot of money to make a lot of money and that is basically true. But it is also true that if you make a wise investment, you can reap a very large % return. And within a reasonable amount of time--ten years say--you can have a relatively lot of money. In any given year there are litterly hundreds of stocks that double in price. There are some that triple in price. There are some that even increase 5 fold and even 10 fold. Chances of latching onto a 5 fold stock are slim but nevertheless quite possible. I have latched onto a couple. The more effort you put into it, the better your possibilities.

However, it is very important to weigh risk against reward. Many investors do not consider the risk and as a result loose a great deal of money. There were thousands in 2001 that lost most everything they had invested.

Answer 2

You have to have money to buy stocks....lots of it, to make any money.

Now to trade stocks, you can make a lot of money with other people's money. You have to get a Series 6 license. This license will allow you to buy and sell publicly traded stock.

Answer 3

For most people: NO
You have to have lady luck on your side, lots of $$$, hope!
You have to know the backgrounds of all the companies-- Walmart, McDonalds, Philips, Sony, Firestone, etc.
You buy a share + invest, if the company makes $, you will get some, but if stocks go down, you lose.
Sadly, us ORDINARY humans don't get rich.
Good luck, don't get addicted.
It is wealthier way of gambling!

Answer 4

you have to go to college to be a stock broker, and you can make millions and you can also lose a lot. as for just getting into buying stocks from a broker, you can make money if things are going well but you can lose it all too. its like playing black jack

Answer 5

anyway you can make money by buying stocks, but it depends upon you are buying...like here in philippines the holiday in november 1, it is all souls day... i can buy alot of candles before the market make high the price of it... then sell it before that day or even that day...

Answer 6

Of course you can. The second wealthest person in the world, Mr Warren Buffett does that.
Read his books, and learn before you throw your hard earned money in stocks.

Answer 7

1st, only buy stock that you would use their products or love their offerings.
2nd, buy low sell high without greed involves
3rd, watch the market player / fund managers movement
4th, do the trading frequently with low/mid volumes

Answer 8

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

Answer 9

There are links from the page below

Answer 10

Yes, buy low and sell high. You can't lose.