I am looking to get into stocks and investing. What is the best way to get started, how much willl it cost?

Answer 1

The very best advice I can give you is go to this site.
www.vanguard.com. All their funds are no load which means no commissions. No salesman. Look up index funds. Go to The total stock index fund which is every kind of stock in America. It will cost you $3,000 to get started unless you are buying a Roth IRA which would cost you $1,000. I have my sons in this fund and they are doing well. Last year paid 15% return on their money. Risk is low. Good luck.

Answer 2

The best way to start is to find a 'no-load' mutual fund. I say this because a mutual fund is made up of many different investments. It offers immediate diversity, as well as a pretty good return on your money.

http://www.americancentury.com/workshop/getting_started.jsp

This is the company I started with, but there are many out there. The cost varies, but usually you want to have enough in your savings account to cover a few months worth of bills before you start tossing money into long-term investments. If an emergency should arise, you don't want ALL your cash tied up. I would suggest starting with $500-$1000, and then making a commitment to invest 5%-10% of your income every month. Once you have been at it for a year or so, you can start branching out to individual stock purchases and higher risk investments. Get a 'how-to' book on investing and saving, it comes in very handy. The main thing to remember is that you aren't doing this to 'get rich quick'. Investing is a way to achieve financial independence over the long term.

Answer 3

Start with mutual funds!!! T. Rowe Price has (in my opinion) the best programs. No Load and you can start with as low as $50 a month. This way you let the so called experts make the choices that get them paid.

Answer 4

check this link its good


http://buyingandsellingshares.blogspot.com/

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