first step to invest in shares?

Answer 1

Read financial dailies atleast for couple of months
Understand the terminologies and market info
Find out the Industry which has the potential to grow and short list the company from there if you have a longterm vision.
For shortterm consult the brokers, friends and speculators and burn your fingers

Answer 2

Getting started in the stock market is actually very easy.

1) Open a brokerage account.

Check out a broker called Zecco (www.zecco.com). The company doesn’t charge a fee to buy or sell stock, doesn’t have a minimum balance, and won’t charge you a fee just for having an account open. Tradeking (www.tradeking.com) and Scottrade (www.scottrade.com) are other options.

2) Buy shares in an exchange traded fund. These are basically mutual funds that trade on the stock market, effectively allowing you to own a little stock in a large number of companies with a single trade. Two prominent examples are the iShares fund (IVV) and the SPDR fund (SPY) both of which hold all 500 stocks in the S&P 500 (a listing of the main US stocks). Both funds have very low costs and should track the performance of the stock market closely.

3) Sit back, relax and do nothing. The stock market averages a 10-12% return over long periods of time. Over 30 years an investment growing at 12% a year will increase 30 times (ie a $1,000 investment will be worth just under $30,000). Just keep adding more cash to your account whenever you can and don’t panic if the market drops a bit.

You can also look into buying individual stocks, but either of these funds will make a great core holding.

Answer 3

Get an education in how the stock market works. Until you do that, you're better off taking your money to a casino. Your odds of winning are better, and you'll understand what happened.

What you need to understand at a minimum are the following terms:

Equity, EPS, Preferred, participating, non-participating, cumulative, dividend, PE ratio, diversification, put, call, short, covered, commodity, convertible, debt-to-equity, and liquidity.

Those are a minimum. Do not even consider investing in shares of anything until you feel comfortable with all of them, and a few hundred more you'll learn along the way to understanding these.

If that's too much effort, go play Craps. You'll have a lot more fun and you'd even have a chance to win.

Answer 4

The first steps are to learn and test your strategies.

As we all know, one of the most motivating aspects about online share trading is the possibility of taking advantage of stocks that are breaking out and rising up to new highs.

The problem is that if you don't know how to consistently pick good stocks and how to manage the trade, you won't be making consistent winning trades.

Knowing when to " Get In " and when and why to "Get Out" are essential for building long term profitability.

Fortunately some sites on the web can show you how to use proven share trading strategies that are practical and simple to apply. One of those sites is http://www.StressFreeTraders.com

Remember that people from many walks of life have made a fortune in the stock market. And it all started when they made the decision to learn how to DO IT.

Answer 5

if you r an absolute dumbo in this field and still wanna be a part of this money market.....the best bet way to start wud be via mutual funds and preferably thru Systematic Investment Plan(which means u invest a fixed amount in a fund every month or quarter).These funds have fund managers who will manage your investments.
Happy Investing!!

Answer 6

Read a book about investing

Answer 7

Set up an online trading account like Scott trade. Make sure that it offers expanded research options. Research will be step 1-A!!

Answer 8

Read 'One up on Wall St.' by Peter Lynch. Until you educate yourself just find a good mutual fund to invest in.

Answer 9

Arnt u happy with life? U want to enetr the market in such a bad phase...if you can gamble go ahead.

Answer 10

Save some money