Anyone know the bestwayto get into the stock market ?

Answer 1

Congratulations on getting started. It’ll help you more than you know!

Your first dollars should be spent on getting educated on investing. You don't have to train to trade them professionally, but we are talking about your future here. So the more you learn, the more it'll help you! So let's start there.

You ask a very broad question, so be prepared for a pretty long answer. Just take it in chunks!


How to invest depends on what you already know. We'll assume that you're beginning!

A good primer is How to Make Money in Stocks by William O'Neil. You can get it cheap just about anywhere. It’s widely available new or used.

Another good one is one of Jim Cramer's books like Real Money (he’s got a few).

But books will only get you so far. At some point, you'll also want to get at least a little training. There are some great education companies if you want to make the investment. Investools.com or optionetics.com are both very good companies as is tmitchell.com

For free, you can start by visiting thestreet.com and investopedia.com. That'll get you a pretty good primer so at least you'll understand what the markets are and what a stock is, etc.

If you get a chance, watch Mad Money on CNBC. Don't trade any of his picks until you track many of them over time. Just use the show to get you to understand some basics and get a feel for the market itself.

Next, subscribe to something like Investorsbusiness daily or something like that that can help you identify good stocks.

Once you understand stocks, go to 888options.com. It's a website that'll help you understand options (what they do, how they work, etc). You don't need to trade them, but the more you know, the more you'll see how options can really be the safest way to invest (once you're educated).

For discipline (which is crucial to successful trading), probably Trading in the Zone by Mark Douglas or Mastering the Trade by John Carter

I know that’s a LOT to absorb. Just take it one step at a time for now. Start with a book or two to give you an idea of where to begin. Take your time, and let it seep in.

As you get up to speed, you should papertrade to practice (highly recommended). This should help reduce your losses in the beginning as you get used to buying/selling.

You can practice for free on almost any reputable broker site (optionsxpress, scottrade, thinkorswim, etc). And yes, you can definitely deal easily online.

Start slow, then as you figure things out, you can buy more shares.

Congrats again on getting started. If you have any questions, please let me know.

Hope this helps!

Answer 2

The easiest way to invest in stocks is to buy mutual funds or exchange traded funds--these basically allow you to own a small amount of stock in a large number of companies, which reduces the chance that you'll pick a bad stock and lose money. Go with an S&P 500 fund (these include stock in the 500 biggest companies in the US) such as the ishares exchange traded fund (ticker symbol IVV--that's two Vs and not a W) or the SPDR fund (SPY).

I wouldn't recommend buying or selling individual stocks unless you're really interested in finance, have a lot of time to do research, and can accept the risk of losing money.

Also if you haven't done so already, you'll need to open an account with a broker to buy exchange traded funds. Etrade or ameritrade are examples. Unless you're investing a significant amount of money look for an account that doesn't charge maintenance fees on small accounts (paying $50/yr for the privelige of having $1,000 in the stock market can eat away at your investments rapidly.) I think ameritrade doesn't charge users. Good luck.

Answer 3

I like to invest the best company withe the market cap of less than $70 million, strong and successful managment. I need to get at least 300% return on my investment in 5 years. Buy and hold is my strategy.

I can mention the following 3 companies just FYI. The risk will always exist, but if you have the money set aside for your favorite charities in the future. Then, this is for you. I suggest you call the companies first and do your DD.

www.adrianaresources.com
www.diamondex.net
http://www.fullmetalminerals.com...

P.S. I own all three, and each weight about 20% in my investment portfolio as I think all of them will set me free financially. World Wrestling Entertainment is my dividend growth play as it pays 5.88% in dividend, a strong brand and balance sheet.

Answer 4

Do you want to go to the NY stock exchange or just buy stock in different companies?

To get into the NY exchange, you usually need to be well connected.

To buy stock, you can do this by going to many online sites or to a broker's office. Try the following online sites for more info...

Answer 5

First you'll need to understand some basic principles of investment and understand which type of investment suits you.
To achieve excellent returns on your investments it is important to adopt the right investing strategies. To Learn more about shares and stock trading check the website link below.
http://www.smart-investments.org/Best-Stock-Investments/How-To-Invest-In-Stock.php

http://money-review-site.com/shares.html

Answer 6

An Egyptian King asked a mathematician: "Is there an easy way to learn geometry?"

"No, your honer," was the answer,"there is no king's way in geometry."

So, find your own.

The more you loose, the more you learn. Not recommended but it works.

Answer 7

Zecco.

Answer 8

anybody can!