How does one make Million's from the stock market?

Question

I want to know how to start off investing in the market?

Answer 1

I'd do some serious reading. If it was that simple everyone would be doing it. If you don't study and learn, you will simply be gambling.

Answer 2

If I may speak for 2 of the most successful investors in the world, Warren Buffet and Peter Lynch--- buy low, don't sell (unless fundamentals have changed). Buy what you know (do lots of research, find good companies you would like to work for, in other words, will it be around in 40, 50 years so I can make a good career here). Time in the market, not market timing is the key to successful investing. As for me, I would recommend stocks that make products used the world over, used by many people, used every day, used up quickly and bought again. Things like soap, toothpaste, oil. Many, many years ago I bought stock in an oil company. With stock splits over the years, my original cost was $7.83 a share, now they go for $75.00 a share. As a plus, they have increased dividends most every year since I first bought it so while I am waiting for the price to go up even more, and the time I will need the money, I am getting over 16% return (on my original investment) via dividends each and every year + the return on the rising stock price.

Answer 3

If you make informed decisions and approach your penny stock investments with the same thoroughness that you’d use in your other investments, you too can unlock a whole lot of profit potential. Learn here https://tr.im/Otzqc

It’s absolutely true that penny stock investors can make very quick gains. Synutra International, Inc. (NASDAQ: SYUT) is a great example of a penny stock. This dairy-based, nutritional-products company has jumped from a little Bulletin Board operation to a billion dollar corporation. The company finally graduated from Over-the-Counter status to the NASDAQ Stock Market bringing with it 113% gains in less than two months.

This happens all the time and it’s how some of the best investors in the world became the richest investors in the world. Buying some shares for pennies on the dollar and selling at $10 or $20 is possibly the fastest way from being a hobby investor to a super investor

Answer 4

the simple answer is to buy quality stocks, diversified over many different industries, and hold them, for a long time. add to your holdings every time you have money available. reinvest dividends. and as time goes by, sell the underperforming stocks and buy new ones.

to answer this question in detail would take a post as long as a book. the best advice that i can give you is, read investing books, andrew tobias is a good author, to learn how the markets work. get a subscription to the wall street journal, read it and learn what all of the symbols and numbers mean. in short, educate yourself.

when you get some money, call up a broker and start an account. the broker will advise you and answer questions to help you get started. if he is doing his job, he SHOULD help you from making mistakes at the beginning.


making a lot of money in this way can take years, decades. be patient. it takes years or decades to just learn how to make all of your own decisions in investing. so if you are looking for a get rich quick situation, go to the casino.

i think that you are making a wise decision to start investing. just get started, and good luck.

Answer 5

The best place in the UK I've found to start off investing is via the Halifax and their Sharebuilder scheme - http://www.halifax.co.uk/sharebuilder (franchised from Sharebuilder.com in the US).

To make LOTS of money, it appears you need to pick your shares carefully (I find http://quote.fool.co.uk the best place to research UK shares) and put a large amount in......... and keep it on the stock for a number of months, or even years.
One thing to remember is that each time you buy or sell a share, you pay the company you're purchasing it through a commission fee...... and the more of these you pay, the more it eats into any profit you make.

It's usually best to avoid tips from Newspapers + friends, as their usually either wrong or outdated........ at best merely use them as suggestion to add to your research list, rather than a cue to slap a few quid on it right there and then.
I've found http://www.fool.co.uk + http://everyinvestor.co.uk two good websites to learn more about the stockmarket + http://www.fool.com (the US version) to learn a bit more about working the stockmarket...... and had a few successful tips from Everyinvestor.co.uk that (at least briefly) hit over 100% profit in a year (pity I only stuck fiver on them).

Before spending any real money, it's usually best to get a bit of practise in with pretend money at an online fantasy stockmarket game, such as the one at http://www.bullbearings.co.uk first, since you're almost certainly guaranteed to lose more money than you first start out on the stockmarket, and still learning the ropes.

Answer 6

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/c8109

Answer 7

You need to study what the best traders are buying and selling. You can find this information at 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 read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.

Here are this month's best traders:

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

Hope this helps.

Answer 8

I agree with many of the above, e.g. using www.fool.co.uk and other public websites/info. Make sure you know how much you can afford to lose if things go wrong. Invest regularly and for a long time. Watch how much brokers charge. www.moneysavingsexpert.com seems to be a good info site.

You should be able to get your info from the public arena - I'd be wary of anyone suggesting you go into "off-site" discussions.

Answer 9

People who make millions have invested large amounts of money over a long period of time.

To get started, you could research, take classes, or speak with a financial advisor (I recommend the third option).

Answer 10

Ignore newspaper tips - immediately on publication the price rises.
Do careful research and back YOUR own judgement. Then have patience. In any normal situation it will take years for the investment to rise to the dizzy heights you wish to achieve.
Good luck.