how do you buy stocks? I'm new at this i don't known anything i need to no the a b c's of it.?

Question

talk to me in laymens term. not all these big word's. said it simply.

Answer 1

Start your investment program by investing in some books on the subject. Investing for dummies is a good beginning book. Your library might have it. Don't stop there though. That is just beginning. After that book, read several more. You need to build up a decent foundation before beginning to lay out your money.

Go to Yahoo finance and set up some sample portfolios and track your results. yahoo gives you the ability to do that. It is better to test out your ideas on paper before commiting to the real thing.

Next open an on line brokerage account. Some firms have super research material available, such as Fidelity.

Then you are in business.

Oh one thing more. At the moment, stocks do not look very attractive, at least as buys. So you have some time to build up your knowledge while prices fall to more attractive levels.

Answer 2

We must all become educated investors much more so then our parents were. These are some basic steps to get you started.


Step 1.
First decide what kind of brokerage you want to work with. You can open a brokerage account in your bank, with a large full service brokerage or an internet brokerage. I find when I get help, most people want to sell me things that are better for them…. So I use www.scottrade.com because it’s cheap and easy with low frills. I do my own research and make my own investments. But any low cost internet brokerage service is fine.

Step 2. get a subscription to Barrons or Investors Business Daily… Do this for 6 months or a year. At first, It seems a bit mysterious, but pretty soon you start to understand the terms and what investors are looking for and what they are afraid of

Step 3. If you have some money to invest, put it in 3 month CD’s right now. First the market is unstable and second you have some homework in Step 3 to do before you do any investing.
also, if you have a 401k plan at work, contribute to that at least up to the point they will match

Step 3. Go out to the internet and search on the following subjects. Get familiar with the concepts.
Asset allocation
Long term investing
inflation
Roth ira vs ira
Large med small cap
Value vs growth
Indexed mutual funds
ETF
Sector funds
Bonds CD
International funds
Market cycles
Fundamental analysis
Technical analysis


Step 4 go to http://clearstation.etrade.com/ (it’s a part of e*trade which is also a low cost brokerage) and sign up for a free account. Play around there by looking at graphs and fundamentals.
I think it’s also a good idea to pretend you have $10,000 and start buying and selling on paper. Keep track of where you are each day for a month… It’s a lot easier to lose play money then real money….

Step 5. It’s always a good Idea to see a CFP (certified financial planner). Their job is to work for your benefit, not to sell you investments. They can cover subjects like employee benefits, insurance, budgeting, living trusts, 401k, taxes and real estate as well as investment types and investment types to keep away from.

Always strive to do your own research… you’ll find everyone sounds like an expert so take everything people tell you with a grain of salt. It’s not easy in the beginning but soon you will be the expert.

Don’t get involved with futures, currency, options (unless you get stock options at work), commodities, annuities and other derivative type investments at this time.

Good Luck

Answer 3

join a group.... E-Trade or something like that. buy and sell with them. That'll help you out since you're a beginner. I started 10 years ago with a small little business that helped me. I had $1,000 invested. Within 3 years, that 1k turned into 20k and now I'm worth nearly 2.5 million dollars. I accomplished that with stocks and being a world renoun neurosurgeon.

Answer 4

Hi, i know what your question means. i also think stock market is a nice place for investing.

I found some useful tips in stock trading. It includes stock basics, how to protect your profit, find a potential increase share, control and manage stock risk, when to sell/buy stock and so on.

http://www.bernanke.cn/stock-trade/

Best Wishes && Good Luck!

Answer 5

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 6

My broker at Edward Jones is pretty staright forward. They have offices all over the country, probably in or near your hometown.

Answer 7

you should go to broker if u want to invest or learn stock market

Answer 8

read tips and articles on investment and stocks on this site