what is the fastest and cheapest way to get into buying stocks?

Question

the more detail the better...i know nothing about doing this.

Answer 1

How about try these.

http://www.sharebuilder.com/

https://us.etrade.com/e/t/jumppage/viewjumppage?PageName=omnibus2&SC=NPNFG6D&tb=3847&WT.mc_id=CONPNFG6D

http://www.tdameritrade.com/offer/special.html?a=kra

http://www.scottrade.com/index.asp?supbid=68651

Answer 2

So..
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org

I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.

As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Best

Answer 3

use a small amount of money, put in Sharebuilder,
www.sharebuilder.com
They have a deal on Tuesday, $3 or $4 per trade, about $6 or $7 other days.

Try some undervalued stocks, F is around $8 per share now, still a great brand, buy 100 share lot, count on keeping 2 to 3 years, you'll make some money. With small bankroll, don't try expensive stocks, CAT is a great stock, $65 per, HD great, $35 per.

Answer 4

I think the best way to start investing is to first study what the best traders are buying and selling. this is the idea behind the site http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Once you know what to invest in, open an account at Scottrade.com - I think the minimum balance is $250

Good luck!

Answer 5

Wait a year and read all you can on stock investing and retirement investing. What you don't lose by doing this is truly the "cheapest" way to go. Read Baron's and Money Magazine. DON'T BUY ANY OF THEIR SUGGESTIONS! Learn "asset allocation". Never take "tips". Always understand what you're buying. Always have a strategy on when (and how) to sell.