how do I make money off of them?
2007-11-29 09:53:58 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
The best way is through an online broker. Check out ameritrade, scottTrade, Cybertrader, etc.. They often give you a free-commission deal for signing up such as your first 10 trades free. They will charge you a lot less than a full service broker. You might pay $8 per trade with a discount broker while a full-service broker might be $40 or more.
There are 3 good techniques to make money in stocks that I know of and have used successfully. These three techniques are Investors Business Daily's system (follow the instruction in their book very carefully), the Zacks ranking system of buying stocks with rising estimates and who have a track record of beating earnings estimates, and the Peter Lynch way of buying stocks that you know and discovering trends before wall street analysts are alerted to them.
I've developed my own techniques that work quite well and offer a book which explains them. My website also has a stock picking newsletter which employs these methods weekly to select good trading opportunities. You can try it free for a couple weeks at http://www.tradetobefree.com.
Cramers books are also excellent educational resources to learn the 'play book' and insights used by professional managers. Learning to invest and trade stocks is definitely worth the time and effort. Like anything else, you become better at it over time if you keep learning and applying what you learn.
Best of luck,
Brian C Neall
Founder - Tradetobefree.com
2007-11-29 10:42:29 · answer #1 · answered by bnjavapro1 1 · 0⤊ 0⤋
You buy them through a broker; either online or brick and mortar.
You make money if they pay a dividend or go up in value. You lose money if they go down in value.
....but....one of the first rules of investing is: "Never buy anything that you do not understand!"
2007-11-29 17:58:41 · answer #2 · answered by Wayne Z 7 · 0⤊ 0⤋
If you are not to good with stocks go to H&R they can help you make the investments you need without losing a dime but if you want to try it yourself go to sharebuilder.com you can learn everything there and is free to open an account.
Good Luck
2007-11-29 17:58:47 · answer #3 · answered by Mark F 2 · 0⤊ 0⤋
Ameritrade is easy and they give 50 free trades if you open an account with them. They're customer service will walk you through your first stock purchase.
2007-11-29 17:57:41 · answer #4 · answered by Anonymous · 0⤊ 0⤋
you can buy them at any clothes store, sometimes larger foot sizes are hard to find though. You could make money from them by selling them to homeless people. once you get holes in them
2007-11-29 17:58:44 · answer #5 · answered by patrick w 2 · 0⤊ 1⤋
Ameritrade. They charge the least for each transaction.
2007-11-29 17:57:16 · answer #6 · answered by Lola 4 · 0⤊ 0⤋
get a broker. you have no idea what you are doing and you will lose money and get in way over your head.
2007-11-29 17:56:33 · answer #7 · answered by halesbop 3 · 0⤊ 0⤋
Send your money to me little doogie,... Ill invest it for you.
2007-11-29 17:58:05 · answer #8 · answered by Anonymous · 0⤊ 0⤋