2006-10-26 02:26:30 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
There is risk in investing in the stock market. You could make lots of money or loose it all if the company goes bankrupt.
However, if you pick a good no-load mutual fund, you should do well over an extended period of time (10+ years).
2006-10-26 02:36:46 · answer #1 · answered by SPLATT 7 · 1⤊ 0⤋
Get rid of the word "win". Also don't "play" the markets. Look at as a business like any other, where a lot of education and a lot of hard work will pay rewards. So, get the education first. At a bookstore, find all the books that talk about "how I made a ton of money...." and "you, too, can profit with little risk...." and forget about them. I find a good read is "Come into my trading room" by Elder. Aimed at a person who may be a professional trader, it is an easy read and is full of good fundamental information even for a beginner.
2016-03-28 08:07:30 · answer #2 · answered by ? 4 · 0⤊ 0⤋
It definitely has the potential to turn into one provided you have done your homework in choosing the right scripts as well as the timing to invest and sell.
With the advent of Mutual Funds the risks have come down substantially but they have a lock in period of our money to content with
2006-10-26 02:34:53 · answer #3 · answered by poloneck20 3 · 0⤊ 0⤋
NO. start with small amount which u can afford to lose. but before that get urself educated by reading books on share trading. BETTER invest in a good equity mutual fund for long term and devote your time and energy to your regular vocation / job.
2006-10-26 07:08:13 · answer #4 · answered by NirmalJain 2 · 0⤊ 0⤋
its not mere investing your money on stock market, you have to consider studying the stock trends also for you to be assured of gain rather than loss
2006-10-26 02:35:37 · answer #5 · answered by sheikaella 4 · 0⤊ 0⤋
no but need to invest anyway. can take as little or as much risk as you want but have to get going. Nothing to learn or study - start!
2006-10-26 02:56:40 · answer #6 · answered by vegas_iwish 5 · 0⤊ 0⤋
Ask the people with Enron shares.
2006-10-26 02:33:33 · answer #7 · answered by Anonymous · 1⤊ 1⤋