I want to know a little more about the stock market, can anyone tell me how to get started and things to do and not to do.
2007-07-15 04:18:09 · 4 answers · asked by carlaveronicajohnson 1 in Business & Finance ➔ Investing
WOW..... so far the advice you've gotten is less than poor.
So..... first lesson. Don't ask strangers whose qualifications and motives can't be verified.
E-Trade is fine! I like Charles Schwab the best for new investors.
Spend the next 6 months or more reading everything you can on investing. You may want to start with the "dummies" series like "Investing For Dummies" or "Retirement Investing For Dummies" or "Mutual Fund Investing For Dummies". These books have gotten a lot of good press.
Investing is not gambling. You don't buy a stock because you know it and feel good about it. You research it. Use your experience to add to the research.
You're most likely better off starting with a good Mutual Fund.
The most important thing you can do is create an "Asset Allocation" that works best for you. I'm sure the books you'll read will assist you with that!
Good luck!
2007-07-15 05:08:23 · answer #1 · answered by Common Sense 7 · 0⤊ 0⤋
If you don't know anything about investing and the stock market, e-trade is a very bad choice for you. You WILL loose money.
Contact a broker that can help you set up a portfolio.
I'm not saying you can't learn about the stock market, but you should not start investing before you have the knowledge. There are many sources of information,
such as Yahoo! Finance.
Or just Google different words like finance, investing, stocks, etc.
2007-07-15 11:24:31 · answer #2 · answered by terje_treff 6 · 0⤊ 0⤋
u must join either of the organisations indiabull or share khan and see the day all sharemarket and trends online
2007-07-15 11:23:46 · answer #3 · answered by Ravinder G 1 · 0⤊ 0⤋
careful of etrade.. if you dont pay your "activity" fees they will sell your stocks to pay for them
2007-07-15 11:21:27 · answer #4 · answered by Anonymous · 0⤊ 0⤋