2007-02-19 09:34:19 · 4 answers · asked by rhama 2 in Business & Finance ➔ Investing
Great question...simple but to the point. Sure you will get many opinions.....my best answer....
1. About $500
2. Some common sense
3. Willingness to do ongoing homework about investing
Suggest morningstar.com. Most excellent website for investors of all skill levels. Free stuff more than most investors can digest or understand. Jump in. Learn. Take the leap. Investing is pretty much an On The Job Training program for most folks.
Suggest mutual funds as a starting point. Look at Excelsior Value and Restructuring symbol UMBIX. No load mutual fund with large cap companies that has a great track record and fund manager who is an all star in his trade. Can get started with them for $500 initial investment and $50 per month for adds. Watch it grow while you learn about investing. Good luck!
2007-02-19 10:15:42 · answer #1 · answered by philsky 2 · 0⤊ 0⤋
There are no requirements and many brokers and banks to choose from. Contact me on Fred W and let me know where you live.
2007-02-19 18:09:38 · answer #2 · answered by Fred W 2 · 0⤊ 0⤋
I would suggest you to check the website below to learn more on shares and stock trading and how to select the best stocks.
Hope it helps
http://money-review-site.com/shares.html
2007-02-19 20:01:14 · answer #3 · answered by Diana 1 · 0⤊ 0⤋
Anybody can invest.
2007-02-19 21:55:58 · answer #4 · answered by Anonymous · 0⤊ 1⤋