How can I go into investments, stock, bonds, bank rates etc?

Question

What recommendations do you have. Any sites I can check?

Answer 1

Go to neutral investment sites like investopedia.com below. They even have stock market simulators, so you could practice before investing!

Be wary of web sites looking to sell you their products. All sites have that to some extent, but the more ads you see, the warier you should be (Motley Fool comes to mind). Brokers and Bankers parade as "financial advisors" but may not have your best interests in mind or have an inherent conflict of interest. They get compensated for assets under their management.

So, learn as much as you can, that way no one can sell you something that is not suitible to you. Start with basics at the link below.

Hope this helps!

Answer 2

You can do this in a variety of ways:
1) Open a Scottrade account (or similar), fund the account, and then begin buying and selling. I use Scottrade, and it is very easy. You just write them a check, and then you use the online interface to manage those funds. Trades are $7 each.
2) Find a financial adviser and get help opening your accounts. Most financial advisers will offer a service of managing these accounts for a set-rate. This is good if you are bad at selecting stocks - they have professionals do all the work for you.
3) Make sure you read the fine print for everything you invest in.

Answer 3

Those you mentioned in your question are the investment products. It's like starting your own business, very first step to do is collecting as much information as possible about the product.

Get the basic information about each product so you can know which one you are interested in or is suitable to your own financial. After you decide which one you will put your fund in, get more detail, specific information about it. Never stop learning.

To get the information you can read books about investment, visit some websites (such as Yahoo! Finance, saxobank.com, etc), or visit some investment/financial institutions (even your own bank).

Answer 4

GameGiver with the money talk! I use E-Trade myself and they're good. You can also buy stocks through Bank of America for a flat fee per transaction. You can also find you a stockbroker but they charge more than if you were doing it yourself. But if you want professional advice that might be the way to go; just make sure that he has your best interests at heart.

Answer 5

WHEN MY HUSBAND AND I STARTED INTO INVESTMENTS WE STARTED BY BUYING A FEW BOOKS OF PEOPLE WHO ARE MILLIONAIRES SUCH AS WARREN BUFFETT, IF YOU ARE NOT INTO READING TRY BETTERINVESTING.ORG, THIS IS WHAT I GOT MY SON INTO AND HE'S 19. BUT SINCE THE MARKET IS VOLATILE I WOULD TRY TALKING TO SOMEONE EXPERIENCED IN STOCKS,BONDS ETC. SO YOU WON'T GET DISAPPOINTED WHEN IT DOESN'T TURN OUT TO MAKE YOU MONEY.

Answer 6

Hi,

A good company to start small with for stocks is: ameritrade.com.

For foreign currency exchange (it seems you can make a lot of money with that from behind your computer):

http://www.easy-forex.com/gateway.aspx?gid=13349

Good luck

Answer 7

I think you start with RISK-FREE ARBITRAGE programme offered by mazu . Its ideal for BEGINNERS as they give you guarantee, that you will make money within 30 days. Also they give 1 year free mentoring. They are certified by BIB & OBB .

http://xrl.us/maazu