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4 answers

The first thing you need to do is to educate yourself a little. Go to your library or book store and get a introduction to investing "Investing for Dummies" and "Mutual Funds for Dummies" are two decent introductory books. There are others. But do not stop at just reading one book. Read several. The more you know the less likely you will be to make a stupid mistake. I have sure made my share, so believe me, I know what I am talking about.

As or a broker or a computer program, you can not invest in stocks without a broker. It is an absolute must. You can however invest in some mutual funds without a broker.

Most if not all on line brokers will furnish you with stock screening software to find stocks you might want to invest in. I especially like Fidelity's software. Yahoo also provides a good stock screener. There are also internet sites that provide technical screens for stocks that are helpful, but I am mostly a fundamental investor.

I just read the post in front of mine. Yes. That is a good site.

2006-11-02 10:00:59 · answer #1 · answered by Anonymous · 0 0

Don't invest a DIME in stocks until you look at these guys.

http://www.fool.com/

It's free. Signup and take the tutorials.

If you don't know anything about stocks and want to invest in them anyway, you'd probably be better off in a Casino. At least casinos let rubes win once in a while to encourage more rubes. The market will eat a rookie alive.

2006-11-02 09:56:01 · answer #2 · answered by open4one 7 · 0 0

If you don't know a whole lot about investing, consider finding a financial planner. It may be more expensive, but at least you could have a better chance at making sure you don't do anything too drastic and lose a ton of money.

A financial planner can try to make sure you have a balanced portfolio and are taking appropriate risks for your goals.

A lot of websites offer advisors to talk to. Fidelity, E-Trade, T-Rowe Price are examples of companies that have these types of services.

2006-11-06 04:29:08 · answer #3 · answered by Mr. Economist 2 · 0 0

TradeKing.

2006-11-02 10:31:47 · answer #4 · answered by Anonymous · 0 1

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