How much do I need to get started trading in forex? |
| How much money does it take to get started trading in the forex market?... |
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Where Can I Learn About Individual Stocks? |
| I am tired of my mutual funds. I am sure I can do better than these guys. Any advice? Thanks.... |
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Geojit, ICICI Direct or Reliance Money. Which one would you recommend? |
| I planned to open an accout with Reliance Money today but I have gone through Yahoo answers and found that there are lots of complaints about Reliance Money. Can you please tell me the pros and cons ... |
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Im looking for help with investing my money? |
| I have a few questions about investing my money and would like someone with experience to maybe give me some advice and share your opinions on where to start. i was looking into etrade or something ... |
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How to become financially independent by the time Im 35? |
| Im in my early 20's and make good money. What should I do to become financially independent in 10 yrs??... |
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I want to learn about the stock market.? |
| I am willing to invest $30 in the stock market. I want to turn it into $250 (doesn't matter if it takes a while). Any tips or advice you can give me would be appreciated. I am trying to ... |
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When wall street goes down how does that effect us? |
| its been on the news and Im a bit worried for America.... |
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In the financial jungle which are the best options for investments? |
To add value for savings and for retirement - Mutual funds, directly stock market, ULIP, PPF, Bank FD, NSC, LIC, Infrastructure bonds.
Kindly comment taking all the above instruments in ... |
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What investment is right for me? |
What investment is right for me?
I am a sinle, 18 year old college student who saves around $2,000 to $4,500 per year. Current income is about $15,000 with not college tuition to pay. I dont ... |
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Does anyone know a website that show stock trends? |
| I'm looking for a wesite that is aways showing new trendy stocks to buy or there are great rummors on the stocks. If possible free information not the pay ... |
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How many stocks should I carry in my portfolio? |
| I am looking to invest long-term (20+ years) and this is my first time buying stocks. I have a medium to high risk tolerance. I will be initially investing $2500. The goal is growth for retirement ... |
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Who, if anyone, will buy Yahoo! by the end of 2008? |
Microsoft is gone for now and the market is less than hot,
Will Icahn ever step upto the plate or just stir the pot?... |
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Am i kicking butt or what? |
my picks since trying my new strategy ended in these results
gains of,
89.66%.....last thursday
12.5%.......last friday
5.56%,17.83%....yesterday
20.00%,3.65%....today!... |
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Isnt gasoline cheap at $3 per gallon? |
| figure it out -- if one barrel of crude oil @ $72 yields 20 gallons of gasoline? thats only $60 a barrel! that means the oil cos would be losing money. gas should be well over $5... |
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Is $500 enough to get me into the stock market? |
What type of shares could I get and is $500 enough to buy the minimum shares required? Additional Details I live in Australia. Does this change anything?... |
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Steps for a young adult planning on investing? |
| Hey guys, I'm 19 years old and am planning on investing $1,000 into the stock market. The hardest part about this is: Where do I begin? Are there any sites where I can open a portfolio free of ... |
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ilikebananas | Can someone advise me with what stocks to buy? [read details]? |
I'm a high schooler, and my parents have given me a set amount of money to buy stocks with (about 2,000).
I want to use the money to buy stuff for myself as well as save about 90% of it... My problem is, there are so many stocks and I don't know which ones to buy! A profit of about $200 after a month is good enough to me. Do you have any suggestions for companies to buy stock from? Additional Details well of course we know 2000 is not a lot of money... my parents just want to give me the experience of investing. |
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BigBen
 |
Great Moves!
I think these articles will help:
How to Find Good Stocks That Will Survive 2008 Market Crash
http://ezinearticles.com/?How-to-Find-Good-Stocks-That-Will-Survive-2008-Market-Crash&id=880879
How to Pick Good Stocks That Can Make You Rich in The Long Run
http://ezinearticles.com/?How-to-Pick-Good-Stocks-That-Can-Make-You-Rich-in-The-Long-Run&id=864890
In case you want to know what it takes to get started, read this:
How to Get Started Investing in Stock Market - 3 Must Do Checklists
http://ezinearticles.com/?How-to-Get-Started-Investing-in-Stock-Market---3-Must-Do-Checklists&id=880761
I hope the articles help! ;) |
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Adam J
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In general look for companies that have strong brands, or that otherwise have factors that make them hard to compete with, that have been beaten down lately. For example Harley Davidson (ticker symbol HOG) has one of the strongest brands on Earth, has a low PE (the Price Earnings ratio, a good general measure of how expensive a stock is) and its shares are at or near a 52 week low. Alternately Apple (AAPL) has a tremendous brand, and while it's shares aren't exactly cheap, it's growing at a tremendous clip right now and momentum could take it higher.
I also like Solar stocks right now.
In general make sure you select a low cost broker that charges less than $10/trade and won't charge you fees just for keeping an account open. Try Tradeking (www.tradeking.com) or Zecco (www.zecco.com). |
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teddybear1268
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$2000 is not a lot of money. But my suggestion is: Microsoft (MSFT) and Foster Wheeler (FWLT). Both are on the upside. Buy them and wait for a few or several months. |
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Tom H
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I think $2000 is plenty of money as a starter investment, even though it is not enough to trade around with.
Your problem is that you are very misguided to think that you can consistently earn 10% per month on your money.
You could invest in a stock like American Capital Strategies (ticker symbol ACAS) which is currently paying a dividend yield of about 11 or 12% per year.
Be forewarned that most investors think that it is very risky, and even though it is cheap now, it could go much lower. |
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Ron Berue
|
#1: I don't mean to hurt or insult you or your parents, but $2,000 is not a lot of money to invest in the stock market.
You have several challenges to overcome:
#2] No matter what any one tells you, what you read in any e-mail or get in "snail mail" or hear: PLEASE DON'T buy those cheap/inexpensive stocks.
By cheap/inexpensive stocks I mean nothing less than $20 a share.
ALSO stocks with .BB [dot BB],
.PK [dot PK] & O-T-C [over-the-counter] following their symbols.
AND DON'T buy any I.P.O.
[Initial Public Offereing]
Why? They are far, far, far too risky and volatile.
Here are some trading expressions you should remember:
> Trees don't grow to Heaven - neither do stocks or any other investment.
> Plan your trade. Trade your plan.
Before placing any trade, YOU MUST have a strategy in place.
- The price you will enter.
- A target price - the price you will exit or get out.
- A catastrophic price - the price you will get out when a trade goes against you. In other words when you are losing money.
DON'T "CHASE" ANY STOCK.
DON'T put your whole trading account in jeopardy with one single trade. You have to learn to properly manage your money.
#3] Bulls [Buyers} earn money.
Bears [Sellers] earn money.
Pigs get fat.
Hogs [greedy traders] get slaughtered. They lose the money in their trading accounts.
#4] Here are two sites I ALWAYS recommend:
http://yahoofinance.com
http://investopedia.com
BOTH are recognized as "knowledgable partners".
For the time being, I think this is enough. I suggest you make a copy of this and show it to your parents. They should be able to give you more of a deeper perspective on what I wrote AND probably much more.
AND there is A WHIOLE LOT MORE for you to learn.
Thanks for asking your Q! I enjoyed answering it - partially.
VTY,
Ron Berue
Yes, that is my real last name! |
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bluefishbig
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Since you are still in high school I believe there is an age requirement that you must meet before you can open up a brokerage account by yourself.
Please go to a broker and ask many questions before you do anything. Most brokers will be very cautious when dealing with a teenager, so have one or both of your parents go with you.
The best advise I would give to you is to read books on basic investing, invest in companies that you like or the products that are produced by that company.
Sometimes the smartest person in the dumbest person when it comes to investing.
Become a wise knowledgeable investor and profit from the knowledge you gain by reading, investing and making investing mistakes. |
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ipwnn00bs
|
here are some symbols for some good stocks
NDAQ (Nasdaq)
AAPL (apple)
GOOG (google)
MSFT (microsoft) |
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Matt D
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Your expectations are unrealistic at 10% gain in one month's time. It's possible but you need a crystal ball to pick the right ones. So since you are a novice, best bet is to contact a broker. And understand there are brokers fees and high risk in the stock market. Good luck to you and may you prosper. |
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