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I'm planning to invest in the stock market and when I have enough money I plan to stop investing is that okay?

2006-10-07 15:11:02 · 6 answers · asked by t(-_-)y 3 in Business & Finance Investing

6 answers

The investment is your choice, no one will tell you how to stop or start, it is a free country
But you need to learn how to invest the right way


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 section 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 75,000.00 and 30000.00 in taxble account. by follow simple rule

2006-10-07 18:58:27 · answer #1 · answered by Hoa N 6 · 0 0

If you work with a broker and you have a signed investment agreement there may be restrictions. If you make your own investments or get into day trading then you can do whatever you want whenever you want.

2006-10-07 22:20:53 · answer #2 · answered by Anonymous · 0 0

Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.

I am sure that you can get your answers in this website.

http://investing.sitesled.com/

Good Luck and Best Wishes!

2006-10-08 01:33:56 · answer #3 · answered by stock.trade 1 · 0 0

I think it is ok but you will be penalized for taking your money out.

2006-10-07 22:21:33 · answer #4 · answered by Virginia F 2 · 0 0

You can stop anytime but when you are on a good thing, stick to it!

2006-10-07 22:15:42 · answer #5 · answered by Tom Cat 4 · 0 0

That would be OK with me.

2006-10-07 22:16:27 · answer #6 · answered by fcas80 7 · 0 0

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