How to invest money?

Question

Can I invest at Wall Street? Are people at wall Street trader working for big financial or investment companies? What is the requirement?

Answer 1

Or if you don't want to give it to that guy, you can open an account with any number of online brokerages that will trade on your behalf. Scottrade is a popular choice because the commissions are low. Sharebuilder is a good choice if you don't have a lot of money to invest at a time.

Probably the first thing you should do is get educated about the stock market. Read a book by Bogle or Shiller. 'The Intelligent Investor' by Benjamin Graham is a classic. Learn what makes an investment attractive and make sure you have realistic expectations. Remember that every time you are buying or selling a stock you are betting that you know more about it than the guy you are buying it from or selling it to, and that there are a lot of smart people out there. The smart people make money at the expense of the not smart. Be a smart person and you'll do well. Be a not smart person and you will help the smart people do well...

Answer 2

You can invest in stocks traded on the NYSE or Nasdaq if you open a brokerage account, which should let you do trading online instead of having to be physically present in New York City.
As for the floor traders (who are being phased out) - many work for institutions, but there are also a few out for themselves. I think computers are going to become even more central to trading, with eventually almost everything being handled Nasdaq-style.
Hope this helps.

Answer 3

The best investment is usually in yourself.
If you compare various funds, you will see that anything over 10% is in the top percentile. But if you invest in your own business, you can easily make a much larger return with a lot of hard work and a little luck.

Answer 4

Open a brokerage account at Zecco.

Answer 5

Give it to me