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I want to start to investing for the future... how and where do I start? what are the things I should need to know?

2007-12-02 06:53:39 · 4 answers · asked by buddysunga 1 in Business & Finance Investing

4 answers

Pretty tough to learn to do it right. That is why there are investment brokers that spend all their time trying to figure out which stocks perform best. I have accounts with both Fidelity Investments and also Edward Jones and both have treated me very well.

2007-12-02 07:02:24 · answer #1 · answered by texblueskypilot 4 · 0 0

Stocks are a company's way of borrowing money from the investor, and then you own part of that company...you share in the profits and losses of the company, as well as having a tiny collective voice (as a stockholders) in financial concerns of the company. The executives of a company with stockholders are obligated to keep their investors informed how the company is doing.

It is the riskiest investment. Usually when stocks are at their cheapest, it is when a new idea is being germinated such as an invention, or a new form of technology, and you don't know if a company will do well or not based on that idea...folks who invest in that company with startup or research money are willing to bet that the company has a good chance of doing well and want a piece of the action. If it does do well, you could get rich selling your stocks during a time when the company is successful. If it doesn't do well for any number of reasons...product isn't a big hit, scandal in the company, or whatever...then you can lose big because your stocks are worth little to nothing, in other words you are part owner of a big pile of crap.

The best way to keep yourself safe is with a combination of high and low risk investments. So...a few stocks in addition to mutual funds in sturdy steadily profitable, well established companies, savings, bonds, and a good retirement plan with matching money from your employer.

Go to your bank and see if they can put you in touch with a broker or a financial advisor. They watch things for you, carry out transactions that you want made on your behalf, and give you advice based on what they see happening in the market.

2007-12-02 07:14:41 · answer #2 · answered by musicimprovedme 7 · 0 1

The handiest truly manner to research regarding the stock marketplace is to do it and that implies loosing your coins. The odds are stacked towards you and the approaches trade alongside the excellent manner. While you think you might have it worked out it changes and a cutting-edge process for alleviating you of your coins is underway. One piece of recommendation i will be able to furnish is "acquire while there may be blood at the ground". However real watch out.

2016-09-05 19:02:05 · answer #3 · answered by ? 4 · 0 0

Buddy, you can start by checking on this link http://answers.yahoo.com/question/index;_ylt=Arxeec0mo69dWKUC5cFxr1Tty6IX;_ylv=3?qid=20071124184735AAx4zRw&show=7#profile-info-XKRpF82xaa

2007-12-02 12:18:06 · answer #4 · answered by Alfred Chew 2 · 0 0

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