English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

2006-09-05 07:19:08 · 20 answers · asked by slickiet 1 in Business & Finance Investing

20 answers

I just answered another question and depending on your age, I think this will help you.

Set up an account at sharebuilder.com. Its an account designed for folks concerned about fees and whatnot and a PERFECT start for a new investor. I set up an account for a relative with $25 for Christmas and she gives me $10 here and there and I double it if she gets good grades. Right now after basically 6-months of investing at 11-years of age, she has $275 in her account!

Sharebuilder.com charges a simple $4 per trade, which can be purchased on Tuesday's on every week.

I would highly recommend saving using this method and only purchasing in $200 increments.

I would get going with Vanguard Total Market Index ETF, symbol VTI and maybe Nasdaq 100, symbol QQQQ.

Also, when you send money in or transfer money in, it sits in a money market account that makes 4.%% or more at the moment.

START SAVING NOW! I dont know your age, but I assume you are young. Have your parents [if need be] and family give you a present for Christmas and your birthday, but include like $10+ ear-marked for your account.

I would also tuck away all you can save and let it ride!

At your age, I would recommend ETF's, unless you have someone willing and able to help you with picking stocks, which are a complete crap shoot anyways.

Go 50% in both VTI and QQQQ at sharebuilder.com!

2006-09-05 09:07:45 · answer #1 · answered by JRockLC25 2 · 0 1

By opening an account with a stock broker. Either visit their websites, or go to the office of one. You can find the websites by searching for "stock broker" or "Brokerage", and you can find the offices in the yellow pages.

Before you do, however, take some time to learn about the market and about investing, or you'll likely get skinned alive. The stock market does not take prisoners.

2006-09-05 07:23:57 · answer #2 · answered by Ralfcoder 7 · 0 0

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/ed075

2015-01-25 00:18:03 · answer #3 · answered by Anonymous · 0 0

The easiest way is to go via your bank, but there are also numerous online brokers...
But one advice to you... be very carefull as the advice you get from people who are all of a sudden super experts, you have to know what you're doing. I mean If you had THE investment of the year... would you share your knowledge....? And the lang term "boring" stocks are more often then not the safe ones to invest in.
There are also "games" on the net about speculating at the stock market, you can check out if your instinct is good enough to jump in!

2006-09-05 07:29:10 · answer #4 · answered by Anonymous · 0 2

perhaps you can try forex. which is also excellent way for you to invest.

The FOREX or Foreign Exchange market is the largest financial market in the world, with an volume of more than $1.5 trillion daily, dealing in currencies. Unlike other financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individuals trading one currency for another.

try forex from here:

http://www.bernanke.cn/easy-forex/

Good Luck && Wish you make a fortune!

2006-09-05 16:49:37 · answer #5 · answered by stock_trade_expert 3 · 0 0

it depends which stock market do you want go to . but the easiest way is to email or call the stock market and ask them for recommended stock brokers which investors deal throw

2006-09-05 07:22:25 · answer #6 · answered by messiry86 2 · 0 0

Call a brokerage like Fidelity or A G Edwards. There are others look them up on the Internet.

2006-09-05 07:26:25 · answer #7 · answered by Texan 6 · 0 0

Might I suggest through the front door. If that doesn't work, call a stock broker. He will be happy to help you invest.

2006-09-05 07:21:38 · answer #8 · answered by Anonymous · 0 1

There be a gate, go parssed the tunips, watch out for the Bullocks and there it be!Stock and cattle market!

2006-09-05 07:26:27 · answer #9 · answered by Juan Kassoff 3 · 0 2

learn first, learn the right way should serve you well
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 74,000.00 and 30000.00 in taxble account. by follow simple rule

2006-09-05 20:20:04 · answer #10 · answered by Hoa N 6 · 0 1

fedest.com, questions and answers