Can middle class American invest at NYSE??? How much it cost to buy a very small stock???
When I read the news it says about the stock that costed like 10 or 50 dollars and after some year it was like a million dollar. I dont really understand the stock market, even less the many number at Wall Street.
2007-03-06 08:23:17 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
Yes. Anyone can invest that has some money. BUT. Those stories you read about the person that invested $100 and 40 years later it was worth a million are a 1 in 10 million sort of thing. They never write about the millions who lost thousands doing the same thing.
The probability of turning a $100 investment into a million is about 1 in one million or more. Might as well buy a lottery ticket for a $1 and hope to hit the jackpot.
The biggest obstacle to doing this is that people who have invested the $100 can not wait to take their profit once they have hit the $500 or $1000 mark. Just seems too good to be true and they do not want to loose it, so they cash out.
2007-03-06 09:23:10 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Sure, any american can invest in the stock market. Some stocks are penny stocks from small companies trying to raise capital, costing $0.04 per share, some are more and some less. Stocks from well established companies are in the $30.00 - $85.00 range per share, such as Coca-cola (KOK) and Pepsi (PEP). You can find out more at http://www.nyse.com
2007-03-06 08:29:08 · answer #2 · answered by Amy V 4 · 1⤊ 0⤋
Anyone can invest in the American Stock Market - rich or poor, American or not. You can be bull or a bear, just don't be a pig.
2007-03-06 08:54:36 · answer #3 · answered by fastfrank7 5 · 1⤊ 0⤋
very virtually all of us has some funds invested contained in the inventory market in the journey that they are operating. There are 401Ks, IRAs, and different pension vehicles. Then there is undeniable making an investment in stocks and bonds via better income or funds previous that on which to stay. which will contain the Warren Buffetts, invoice Gates, the people next door and your mom and pa.
2016-11-28 02:36:02 · answer #4 · answered by steffi 4 · 0⤊ 0⤋
1) Yes.
2) $0.00 (Zecco)
You don't have to understand the stock market.
All you have to do is open a brokerage account at Zecco (It's FREE) and invest in the ETF DIA.
After a few years $1,000.00 USD will turn to $10,000.00 USD.
After a few decades $10,000.00 USD will turn to $100,000.00 USD.
If you keep saving a few hundreds of dollars every month you will retire with millions.
It's not exactly rocket science.
2007-03-06 10:08:47 · answer #5 · answered by Anonymous · 1⤊ 2⤋