 I'm new to investing. Can anybody help me? |
Allright, I'm 13 years old, and I wanna invest in companies. What would you reccomend for a begginer? What do you suggest I do before I start buying? How do I purchase stock?
Additional D... |
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 Make money on the internet? |
what is a best thing to make good money on the internet,
besides the ebay.. ....thks maybe some of you have done...... |
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 I heard a rumor that the price of silver is going to skyrocket over the next year, is this true? |
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 Do you pay a mortgage? |
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 Is the US economy going into a recession? |
| What does that mean for the USD, what does that mean for US stocks?... |
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 What will cause the next bear market in the USA? |
| We've shook off China worries, Sub Prime mortgages....etc. What will usher in the next correction or bear market?... |
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 Mutual Funds, let my bank handle it or invest by myself? |
| I have an account with Citibank, and I am thinking of investing in Mutual funds. Since I don't know alot about investment or about Mutual funds, should I let my bank, Citibank, handle everything ... |
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 Can I leave my money in my 401k but not invest in anything? |
| I only have about $2200 in my 401k but as of last week it was at $2600. And I've contributed a total of $3700 so I'm losing my *** big time with the market the way it is. I transferred my ... |
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 Which is the best investment for someone in there 20's? |
| invest in bonds, mutual funds or IRA’s. I am married and have a child but I want to make sure that I'm our futures are taken care of. When we get older we don't want to have to work ... |
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 Demat Query? |
| I have recently opened a Demat a/c with Anugrah Commodities Pvt Lmt-I have shares worth 20thusand in this A/c.Its the 1st & only Demat A/c that I have however now I realise that they are way too ... |
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 I don't know what to spend my money on!? |
| I have about $650 right now. I don't know what to do with it. I have already donated a lot of it. This money is my own treat to myself, after a while of saving. Yep, I'm still a high ... |
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kyakikino | Can someone explain a few things about the stock market to me? |
I have semi-knowledge of it from asking people, but there are still things I'm not entirely sure of. First, how old do you have to be to start stock investing? Whether it be alone, or with adult permission, please specify. Also, I sorta know how it works, but can someone also give me a breif overview again just so I know I'm right?
Also, is there any site I can go to where I can use pretend money on a pretend stock server to see first-hand without the risk of how it works?
Thanks. |
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Katherine W
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When you own a stock, you own a part of the company. A very very small part, but still a part. As an owner, you share in the profits, which are called dividends. If the company does well, people see that and they're willing to pay more for the stock, so it goes up. If they think it will do well, they still bid the stock up.
You can get your parents to help you buy stocks through a stock brokerage account for a minor. Any brokerage will set it up. They can also buy the first share for you and you can buy more through Dividend Reinvestment Plans.
If you look up The Rule of 72, you'll see that the best way to make money is to invest early and keep investing. Congratulations, at your age, just buy starting early, you can be on your way to becoming a millionaire! |
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zyberianwarrior
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18 in most cases and here are soem starter sites for you to enjoy.
http://www.hsx.com (hollywood stock exchange free and FUN!)
http://www.marketocracy.com nice site good challenge too |
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SantaBud
 |
The age to have your own brokerage acct is 18, but you could have a parent or relative open an acct in your name w them as the guardian of the acct.
Another good site to "play" is investopedia.com , you get $100,000 in your acct to invest as you see fit.
Investing for your future plans is a GREAT thing for you to be doing, & the stock market is fun, interesting, & can be very profitable.......it is also very dangerous for someone who isn't well informed, or using money they may need soon for other purposes.
There are many different strategies for choosing the right stock & how long to keep it, etc. There is not one correct answer...many approaches have been equally successful. Have fun!! |
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swenjj
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www.virtualstockexchange.com is free, not bad |
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John T
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It is possible for a minor to own stocks ( I did. ) You will have problems selling them as a minor, and will probably need an adult to open an account with one of the trading firms.
The listed price for trades is applicable for a "lot" of shares - 100 or more. There is an additional fee for an "odd-lot" There are market orders and limit orders. A market order is to buy at whatever the current price is. A limit order executes only if the price reaches your threshold. If you place your price too low on a limit order, you will not necessarily actually purchase the stock, since it was never available at that price.
Welcome to the wonderful world of investing! Remember to factor in your trading costs, frequent trading destroys returns on your investments. |
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Brad B
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You can start investing when your born. As long as you have a documentable income you can start a ROTH IRA. You may need a custodian to open the account however. |
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barry_robbins_98
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I think the best way to learn about the stock market is to first see what the best traders are buying and selling and why. This is the idea behind the site http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
I would also suggest the great short book "The Little Book That Beats The Market".
Good luck. |
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Frank Castle
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As soon as you are born you can trade stocks. I am sure you have hear the term "Trust Fund Baby" |
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