i find this website resourceful, especially for beginners:
http://www.stock-investment-made-easy.com/index.html
first of all, you need to understand how the stock market works inside out. from there, pick yourself good stock that have profitable business behind it. though there are thousands of stock listed in the stock exchange, only few are worth investing.
after discovering your hidden gem, investigate how much the stock worth. it is just like a company sending someone to investigate other companies before they merge or buy them in an open market. their due diligence is very important to ensure the purchase or investment is worth every single cent.
savvy stock investors simply don't rush into the market, even to buy the profitable businesses. you'll be paying premium price if you buy the stock on the 'high side', which in return, you can expect lower return from your stock investment. this is where, margin of safety factor come in. you have to unlock its fair price, so that you'll be taking less risk in case something goes wrong.
2007-07-15 20:15:44
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answer #1
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answered by BigBen 5
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So..
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org
I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.
As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Have a nice day
2014-09-22 12:18:52
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answer #2
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answered by Anonymous
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I would google the schools you are interested in, but in reality, I don't think they will help make you money. Watching shows like Mad Money on CNBC are a good start not because I trust Jim Cramer's stock picks, I don't, but because they help you learn what to look for in a stock and how to know if a stock is cheap. Once you know what to look for, all you have to do is find the information (easy to do) and listen to the conference calls. If you do this you will kick the crap out of most investors. Doing this helped me buy Apple earlier this year at 85...
Also, many online brokers have investment tools which help you evaluate stocks. I am with TD Ameritrade, and I like them, but their investment tools aren't that strong and are probably not going to help you unless you already know some of what you are doing. I have heard Fidelity has good tools though, check them out. If you are not comfortable, there is NO SHAME (unlike what others say) in buying some solid mutual funds. That way you are diversified and you have someone managing your money as their job, plus if you shop around the fees aren't that bad, about 1%. Good luck and I hope that helps you some.
2007-07-15 16:47:49
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answer #3
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answered by irish68178 2
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Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/e3f14
2015-01-25 03:28:05
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answer #4
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answered by Anonymous
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foreign places funds isn't a gadget to purchase shares! You greater suitable a minimum of understand what foreign places funds is before you deliver them funds. that's a forex determining to purchase and merchandising gadget. in case you % shares get an account at Ameritrade. The minimum is $2500 and be arranged to lose all of it.
2016-12-14 10:02:47
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answer #5
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answered by Anonymous
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A lot of these are data aggregators, which gather data from public internet sources (like finance.yahoo.com) and present it to you in a convenient manner and charge a lot for this. You have to decide if it's worth it.
http://www.gurubusters.com/Biz_Opportunities/Investools_Review.html
2007-07-15 16:38:44
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answer #6
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answered by Ted 7
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