I am eager to get into the stock market. I just can't figure out where to begin. Should I get a broker first? What market should I invest in? Can I invest in several different markets? Even foreign markets? Mutual funds? Index funds? It's all very confusing. Is it going to be expensive or can i invest just a little at first? Help me please!
2006-11-27 23:26:42 · 9 answers · asked by Lao Ban 1 in Business & Finance ➔ Investing
I would suggest practicing your investing skills at http://www.top10traders.com This is a totally FREE site. You can create your own portfolio of stocks with $100,000 in 'play' money, and then watch how your stocks compare against other traders.
The site lists out which investors are doing the best and what stocks they have bought. Just click on the portfolio of the best investors and you can see the stocks they like.
Good luck !
2006-11-28 04:14:35 · answer #1 · answered by jojo 3 · 0⤊ 0⤋
I have been an investor for over 45 years so i know a lot . to get started you should not go it alone. Start by investing in a mutual fund. Only buy a no load fund which means no commison. Go to vangiard and invest in one of their funds. The Eguity Income fund is a good start. You need $3,000 to start and you add to it each month. Over the long term you will do well. When the market gos down dont sell out Buy more some day you will have a lot of money.
2006-11-28 08:28:36 · answer #2 · answered by ? 6 · 0⤊ 0⤋
Hi,
Firstly read those books:
Technical Analysis by Jack D. Schwager;
Comprehensive Course on The Wave Principle by A.J. Frost and Robert Prechter;
Candlestick Charting Explained- Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris;
Trading Chaos – Applying Expert Techniques to Maximize Your Profit by Bill Williams;
New Trading Dimensions by Bill Williams
Then apply to me by pm or e-mail (press on my name) and I introuce you to the broker
But if you don't now anything about market then better trust your money to experienced trader
I accept private investments too.
Kindly inform you that now is perfect time for investment. As you probably know USD now has confirmed new direction. Since new trend direction confirmed accordingly to daily, weekly and even monthly charts. Last week pair EURUSD rose up from 1.2825 to 1.3094 and crossed psychological resistance level 1.3000 and even tested 1.3100; after weekend opened with gap 68 pips at 1.3162 and accordingly USDJPY felt down from 117.85 to 115.75 and usually December trading is very volatile it means that income could be extremely high. So now is the best time for investment. Reasonable investment amount is from US$10000 (ten thousand and above) but the minimum could be from US$2000.
It is real, stable and guaranteed
PM or e-mail me by pressing on my name and I provide you with further investment details.
Hope for a long and successful collaboration.
2006-11-28 07:33:45 · answer #3 · answered by VP 3 · 0⤊ 0⤋
Stay Away from the Unpredicible Stock Market
I would Recomend Ethanol.. The fuel of the Future..
One company that I have Invested in is Midwest Ethanol Producers, LLC http://www.midwestethanol.com
They are showing 30-33% ROI
I would not invest it all in one place, protect yourself.
At any Rate GOO LUCK...
2006-11-28 12:44:55 · answer #4 · answered by kurt4ethanol 1 · 0⤊ 0⤋
Dont invest in a market you know nothing about.
2006-11-28 07:31:59 · answer #5 · answered by Dr Dee 7 · 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.
http://investing.sitesled.com/
I am sure that you can get your answers in this website.
Good Luck and Best Wishes!
2006-11-28 07:59:11 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I suggest you to open an account at TD Ameritrade and then you can drop me a line if you need more detailed FREE help.
2006-11-28 12:39:48 · answer #7 · answered by Anonymous · 0⤊ 1⤋
Good advice is never worth more than you pay for it
2006-11-28 07:35:13 · answer #8 · answered by Anonymous · 0⤊ 0⤋