How do I get started in the stock market?

Question

I would like to know more information on the stock market, investing, ect. I would like to buy stock in oil and also Google. But I know nothing about it! How do I get started, what do I need to know? How do I buy and sell?

Answer 1

Scottrade.com, You'll need $800 to start an account and the site is easy to navigate. Good Luck!

Answer 2

First and foremost investing in "individual" stocks takes a lot of practice and knowledge. Just because something seems popular does not mean it is a good stock investment.

You really need to know at least the basics of how the markets work before you ever invest in it. Try the free websites below to begin learning the ropes.

Answer 3

I would get the great book "The Motley Fool Guide To Investing". It's a great start for someone who is a beginner to the markets and investing in general. It's basic and funny and provides links to other material (like Peter Lynch) that will serve well in the future. Also, learning a little accounting (reading income statements, balance sheets, cash flow statements) and a tiny bit of finance (present value calculations) would help too. See if your local community or junior college has a class on investing as well.

Answer 4

Investment means spending or putting aside money for prospective financial gain. Investment consists of buying financial assets like stocks, bonds, funds, or insurance. Stock investment is the method of putting money in stocks to earn more money in future.

You should understand the main reason why you want to spend money buying a particular stock. This step should preclude investing in stock. It allows you to move swiftly as soon as the price of the stock goes down a lot. If you know the main motivation about purchasing a specific stock, you will not hesitate to buy it once the price falls.

Answer 5

Hi the best way to get started in the stock market is to learn the stock market. One of the best books I have read on the stock market is by William Oneil How to make money in Stocks. And get familiar with Income Statements and Balance Sheets and Cash Flow analysis.

Answer 6

Motley Fool, as mentioned before, is a good source of investment info, but don't overlook Yahoo! Finance, Wall Street Journal on-line ( WSJ.com), ShareBuilder, Zack's, MarketWatch, Investor's Business Daily (IBD.com), and other such sources. The best advise I can give is read, read, and more read, everything you can get your hands on. My specific methodology is to scan stocks for lowest price to earnings ratio, lowest price to sales ratio, and lowest price to cash flow ratio. If you find a stock or stocks that are lower than the rest of the stocks you've scanned, it might be a good investment. Also, don't expect to make a bundle overnight. It can happen, but not likely. Invest, not speculate. Best of luck, because sometimes it seems that it's just luck to succeed.

Answer 7

There is no limit to how much you can lose!! Remember this fact! Use some money to learn more about trading. You'll need to do courses..or you will lose your money... guaranteed! Putting money in the market means you need to protect it from market falls. If you are seriously prepared to do this, I suggest you learn how you can protect your stocks with options. I'll mention some resources that will help you.

Answer 8

You need to be signed up with a broker first. Some discount brokers have demonstration accounts. Lurk in the Trade2Win community and ask a few questions as you pick up and learn what is required.

Answer 9

i think you can do courses and buy investing books. in the courses usually you will be thought how to invest in stock market step by step. please choose the ones that suitable for beginners.

Answer 10

Take all your money, and I mean ALL your money. Empty your bank accounts, look under the mattress, empty the piggy bank, get it all. Drive to Las Vegas and put it all on black (or red if you are so inclined) and watch as you make 100% returns on your investments! Amazing. Now that you are rick, go to the bank and ask them and they will hook it up.