like how do you buy stocks and how can it make you money ?
2007-01-09 11:12:40 · 7 answers · asked by cyclonesteve1 2 in Business & Finance ➔ Investing
Oooooh boy. Ok Stocks for dummies version crib notes.
A company that wishes to raise some money so they can build factories and such will issue stock.
There are many routes to buy stock. Like from a broker. Their like car dealers, they buy and sell also.
The point of making money is to first determine how much risk you want to take. The more risk the greater the potential reward, but conversely the greater opportunity for loss.
To minimize risk to yourself, you should diversify. This means you shouldn't buy all your stocks out of one area. One might go up but the other goes down. There is a little bit of protection there.
Stock investment requires a lot of homework on your side. You need to keep up with what is going on with your companies. Familiarize yourself with the investment language. You can do this by reading financial newspapers, taking classes, radio shows, internet and tv.
Be wary of tax implications for selling your stocks. You can write off losses but must report gains for taxing purposes.
This is an overly simplified description. Investing is a science that takes a lot of understanding of the business world. How a company runs, how people react and a bit of advanced math.
Stay away from the "Follow my easy plan to stock investments" scams.
2007-01-09 11:24:23 · answer #1 · answered by Ben B 3 · 0⤊ 0⤋
Check out the Stock Market section at http://www.sellchamp.com
They offer free helpful tips.
2007-01-11 00:38:21 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You can call places like merrill lynch or go on line to e trade and buy them yourself. If you don't know much about them you can either go to a broker and talk to them or you can pick something you are interested like a company that you use their product. best to check to see how it;s doing with up and downs and just invest a small amount of money, either buy 100 shares at a time or maybe 500 to 1,ooo with to start and check it at least once a week to see how its going.
2007-01-09 11:20:33 · answer #3 · answered by nappa 7 · 0⤊ 0⤋
Go to Wikipedia.com and type in "Stock Market." I am sure you will get a wealth of information.
FP
2007-01-09 11:16:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Here is a online article on Yahoo! about stocks:
http://finance.yahoo.com/education/begin_investing/article/101178/What_is_a_Stock_Anyway
You should also check out the Basics of Investing section:
http://finance.yahoo.com/education/begin_investing
2007-01-09 11:21:23 · answer #5 · answered by CommanderQ 3 · 0⤊ 0⤋
thats hard to answer without writing a book. try reading one 'JIM CRAMERS REAL MONEY-Sane investing in an insane world'
or look here www.investopedia.com
2007-01-09 11:17:13 · answer #6 · answered by Tim 3 · 0⤊ 0⤋
I would recommend reading http://ibooyah.com
2007-01-09 11:17:39 · answer #7 · answered by Anonymous · 0⤊ 0⤋