stock market question?

Question

I have a question about the stock market. I understand the basics of it, but for example if I bought one share or more in a company like Microsoft, how would I keep track of my stock and get any money I may make? This is confusing to me, I understand the whole thing about how each share is worth this, but how would I go about purchasing a stock and keeping up with it?

Answer 1

Scottrade.

Answer 2

You can open an account at Scottrade.com - they offer $7 online trades. Whatever stock you buy through them, you can see when you log onto their website.

A book to learn the fundamentals of investing: "The Little Book that Beats the Market"

A good site that lets you practice trading with "play" money: 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. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.

Here are this month's best traders:

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

Good luck.

Answer 3

Buying, owning, and selling stock does require some good recordkeeping. If you open an online account with someone like Fidelity, you can buy stocks from your cash account. They hold the stock certificates for you and you get the dividends, etc. When the company issues a dividend, it is credited to your cash account on line.

The price will go up and down many times a day. The date and time that you sell will determine if you have a loss or gain.

Answer 4

When you open an account, whether it be with Fidelity, E-trade, or anyone...you get your account info on-line...the money you make in a stock is in the share price of the stock...your shares (and your total balance) are worth more as the stock rises....in order to " get money out" you have to sell some shares.
It's not at all as complicated as it sounds...
Give this a look http://moneycentral.msn.com/beginnerguide.asp?page=introduction

Answer 5

What do you mean by " much anticipated and predicted crash... of stock market". Were you the one expecting this? Have you ever invested in the markets? If so, have you ever gained much? I do not get the rational for your question! Mr. You need to do some research! I think that today was just another "down" day in the markets caused by a long haul by the housing and credit crisis!

Answer 6

lets say you bought one share of microsoft and the share price is $30.00 a share......if you have an account with scottrade, they charge you $7.00 per trade, so if you bought one share the cost of the transaction would be $37.00 if the stock went up to $50.00 a share and you sold it, you would receive around $43.00 after it is sold, because the share was worth $50.00 and you had to pay $7.00 to sell it in commission.......that is basically how it works, you can look on their website anytime you want during the day to see if the price is up or down, stock market is open from 9:30am eastern time to 4:00pm monday through friday....hope this helps

Answer 7

The value changes constantly! you must look at the ticker all day long if you want that much information. Other wise create a spread sheet and insert the share # and value at the time of purchase and the value at the time sold so you know what your basis is in the equity.

Answer 8

when u buy say 100 shares of a 10 dollar stock and it goes up 1 dollar you gain 100 dolars....you can make a stock portfolio on my yahoo to keep up wiht stocks.

when u buy ur stocks say your account is tdameritrade...u buy and sell from that account