Stocks, how do you get into buying them?

Question

I want to learn more about buying and selling on the stock market, how can I learn to make sense of it.

Answer 1

you have to work and work and work and educate yourself in the market. remember that the market is not a game. you are using something tangible "money". so do not consider it a game. it would be best to find out your risk tolerance and then look for funds or stocks or bonds that would be in your tolerance level. start by using play money in those stocks and see how you do. if you lose a lot of money...dont do it. educate yourself some more and then try it again....it is definitely a learning process.....hang tough and stick to it

Answer 2

You contact a broker, online or in person, and set up an account. The only way to make sense of the stock market is to invest in the companies and not in the supposed trends of the market. Buy regular amounts of stock (more when it is low, less when it is high) in companies that seem to have long term potential in growth or dividends and plan keep the stock, pruning only occasionally. Buy a variety of stocks that will spread your risk and keep money on hand in other savings so if you need money you don't have to cash out at a low point in the market.

Answer 3

A good place to start learning about the stock market is 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

Good luck.

Answer 4

I go online to Sharebuilder.com. I opened an account with them and order the stocks I want. They charge me $15.95 for each trade whether I buy or sell stocks. I just transfer money from my bank account to fund my buys. My dividends can also be transferred to my bank account. When you want to sell, you can go to their website and authorize a sale. You just pay them $15.95.

If you have to buy in a hurry (like when the stock market suddenly plunged because of the Shanghai stock market crash) and you do not have enough money in your Sharebuilder account, you can use their express funding option. They buy the stocks for you right away but they will take the funds from your bank account later and charge you $20.95 instead of the $15.95. There are many other online stock trading companies. Just do research on them and pick the one you like.

For information on which stocks to pick, you can read Money magazine, the New York Times, do online research (ex. MSN Money), watch Bloomberg and other financial news shows. Good luck!

Answer 5

go to my yahoo and set up a stock portfolio. Pretend you are buying and selling for a while. Read the news that comes up for each stock and try to get a feel for what causes some stocks to rise while others fall.

Answer 6

A wonderful website for learning about stocks and investing is the Motley Fool (www.fool.com). I would recommend starting there first; they have lots of suggestions for beginner investors.

Good luck!

Answer 7

figuring out to purchase inventory is easy. getting income inventory takes some artwork. in case you need to purchase inventory you could open an account with Etrade, Scottrade, or any of multiple on line inventory figuring out to purchase and merchandising companies. while you're actually not experienced, you will desire to discover a economic consultant who can propose you what you truly need to do. in the adventure that your purpose is to make some investments, then there are different issues to do previously you dive into the inventory industry.