2007-01-17 01:26:45 · 11 answers · asked by cowhide 1 in Business & Finance ➔ Investing
Now is not a good time to invest in stocks. Instead of stocks, you should try prosper.com. But only invest in loans with a credit rating of C or better and a DIT of less than 20%. I have had tremendous success with Prosper. Good Luck!
Check out this article from the NY Times.
http://www.nytimes.com/2006/02/13/technology/13ecom.html?ex=1297486800&en=a0ac72b7453152ab&ei=5090
2007-01-17 01:42:12 · answer #1 · answered by steffers4979 4 · 0⤊ 2⤋
I think the best way to learn about the stock market is to first see what the best traders are buying and selling and why. 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. 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
Once you understand what you are doing, then you can open an account at Scottrade.com - they offer $7 online trades - are start trading real money.
Good luck.
2007-01-17 21:45:27 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The Stock Market IS NOT A GAME.
2007-01-17 20:24:30 · answer #3 · answered by Anonymous · 0⤊ 1⤋
If you want to start a portfolio, I would suggest that you initially open a virtual portfolio. This will allow you to experiment with different methods of buying and selling shares. Once you are comfortable with what you are doing, go to a reputable broker - many online, and off you go. If you are investing small amounts, you are better to go with a broker that charges a percentage fee rather than a flat fee.
2007-01-17 09:30:59 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Not a game so no play. Diversified portfolio does well over time ADX PEO EFA IAU EWA. Open an account @ schwab.com or wherever & get started. Ignore that loan nonsense. No need for practice
2007-01-17 11:29:43 · answer #5 · answered by vegas_iwish 5 · 0⤊ 0⤋
I'm certain that you must find every financial answer at: financial-care.info-.
RE How do you play the stock market?
#EANF#
2014-08-14 20:59:13 · answer #6 · answered by Anonymous · 1⤊ 0⤋
diversified and SMARTLY.
Nice answer on the real estate market whose bubble officially popped LAST YEAR and has been in a slow death spiral since.
2007-01-17 23:24:14 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Learn about Technical Analysis first and understand it first. Check out stockcharts.com, has plenty info.
2007-01-17 12:28:49 · answer #8 · answered by Anonymous · 0⤊ 0⤋
You don't. Email me and I will show you better.
2007-01-20 21:57:47 · answer #9 · answered by 4x 2 · 0⤊ 0⤋
you don't, go with real estate, it's a much better option
2007-01-17 09:30:00 · answer #10 · answered by Anonymous · 0⤊ 1⤋