hey
i added stock plan deduction in my pay check, however i dunno much abt stocks- like how to buy one from other companies like hp,microsoft, -when to cash in and stuff. i was wondering if any one can explain any valuable info about stocks to me > i will greatly appreicate it > happy val
2007-02-14 10:04:33 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Go to Sharebuilder.com, ETrade.com, Morningstar.com and read, read, read. Educate yourself so you know whats going on.
Also read the link I sent below it'll help as well.
2007-02-14 12:35:25 · answer #1 · answered by ROB G 1 · 0⤊ 0⤋
Really what you need to do is find a good mutual fund or index fund. This will take all of the work out of doing your homework on individual stocks and trying to find the best one. The people at th e mutual funds will do all of this for you, plus a mutual will allow you to contribute in smaller amounts than buying large positions all at once like you would with regular stocks. All you need to do is research some good mutual funds that fit your investment strategy and won't charge you a lot of fees. If you are not inclined to do this much work, then do to your local financial advisor ans they will help you out.
But if you are really gung ho about learning about stocks like I was this summer, then you will absolutely have to do some reading and research. A good book for home gamers that are just getting started is Jim Cramer's "Sane investing in an insane world". This is a perfect how to guide to playing the market. Hope that helps.
2007-02-14 10:29:05 · answer #2 · answered by deanmc58 1 · 0⤊ 0⤋
read "Investing for Dummies" by Eric Tyson.
2007-02-14 10:36:52 · answer #3 · answered by gosh137 6 · 0⤊ 0⤋