 I'm 24 and I have about 35,000 in savings. How should I go about investing? |
| I will be setting up a Roth IRA this yr '08' and will fund the account with what I earn every year , max 5k. However that wont help me since 30k will still be free and banks dont provide ... |
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 Has Anyone here made alot of money through stocks? |
| I just wanted to hear some success stories. please tell me how u got into stocks. how much u started with and what stocks u invested in. any other information I'd appreciate as well. T... |
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 What is the best country to become wealthy in and what is the worst? |
I think America used to be the best, but it now has the highest corporate tax rate.
Let's pick first world countries for the "worst". Clearly Haiti would be nearly ... |
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 Is it wise to obtain loan and invest in stock market? |
please comment on this great idea
i am a second year student....
i am eligible to obtain educational loan(approx abt 4000$ ) and at the same time my family can bear my education cost...<... |
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 If you had $5000 to invest toward retirement today, what would you do with it? |
You have to invest it - not spend it or donate it to charity.
Any favorite stocks, bonds, mutual funds?... |
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 What are the least risky things to invest in? |
| dont really care about return, just want something thats not so ... |
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 When should I start investing? |
I'm 20, a college student, without any real income at the moment.
I plan on working during winter and summer breaks, most likely waitressing. Should I start putting money away then (even ... |
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 Help me choose a name for a new Co? |
| Im going to be an investment company that lends out money for a good return im lookign to choose a name anyoen help - soemthing that investors will get excited about, using words that imply return on ... |
|
 I just won the euro millions? |
does anyone want some of it
Additional Details
please take some of ... |
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 Whats the best way to gain interest as fast as possible? |
| either sharebuilder, roth ira or a good bank that gives high interest. by the way if you know any good savings accounts that offer high interest that i can put money in over the net please let me ... |
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antiflag3535 | How Do I Get Started In Some Stocks? |
There are a few companies I would like to invest in but I have no idea how to get started. And would stocks even be the best way to go? |
 |
 
saurus3118
|
http://www.fool.com/DRIPPort/WhatAreDRIPs.htm will tell you about DRIPs which are great starters for investing. Also consider mutual funds since you won't have all your money in one stock that way (the fund investors diversify for you because there are millions to spread around). Some companies will sell shares in small quantities...not many. If you have the minimum to invest, open an online account at a place like Ameritrade or some other with low fees for trading. Whatever you do, be careful...there are some risky stocks out there and same with funds! Good luck and have fun. |
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j031397
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The first guy was right - Scottrade is the best way to start. $7 per real time online trade during market hours. Sharebuilder is cheaper, but you can only trade every 3 days and the trading is limited and not real time. If the company suffers through a catastrophic disaster and shares plummet, you may have to wait up to 3 days to use Sharebuilder. So use Scottrade. And never listen to Suzy Orman! She doesn't know anything and is more of an inspirational writer than an investor!
Stocks or mutual funds are the best way to start out (Bonds are complicated and meant for sale to 80+ year old retirees). Mutual funds are less volatile and require less attention. You won't make or loss a significant amount of money and you won't need to be following the news and analyzing individual companies. But stocks can make you much more money. I almost doubled my money in the last 2-3 years using stocks (you can also lose a lot of money). But if you're willing to invest at all, you have to be willing to take that risk (and investing over the long term will mitigate the risk exponentially). So the stock market is the best way to go. |
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Chad
 |
Investing in "individual" stocks takes a lot of knowledge and practice; so I would not suggest doing this until you understand completely how the stock markets work.
Instead visit Vanguard.com and learn about mutual funds, index funds, and exchange-traded-funds (ETFs). Trading funds is less risky than trying to trade "individual" stocks.
Unless you plan on spending everyday of your life looking at stock charts trying to determine the best time to get in and out of "individual" stocks, I would look into some sort of fund.
Also be very careful about asking for stock tips online. Most are probably worthless or contain unethical motives. Do not fall for any Pump-and-Dump scams.
As far as books go, I actually started out with the Investing for Dummies books, and they definitely pushed me in the right direction. To many other books have their own agendas in my opinion.
The websites below all contain plenty of FREE information to get you started in the right direction. |
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camrylev6
 |
Consider going with a starter fund called an ITF. I'd also consider reading Suze Orman's "Money for the young, fabulous and broke" before making any investments.
With that said, consider using sharebuilder. You can get started making trades for as little as $4, without a monthly fee or an account minimum. Look them up at http://www.sharebuilder.com |
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Kendall Matthews
 |
When I worked in corporate America. My manager told me that he asked his father that exact same question.
His father told him to get Smart Money Magazine.
I followed his father's advise and have been subscribing and following their analysis for 8 years already with great results.
Happy Investing,
Kendall E. Matthews, CRMC |
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Bear
|
For some ideas you can email me
observer2bare@yahoo.com.au |
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NONAME
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you could make an account with scottrade. You need $500 minimum. |
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Socrates470BC
 |
The stock market can be risky at the best of times, even for experienced investors.
However, everyone has to start somewhere, and if you do not start now then when will you acquire the necessary experience?
Do read some books on the subject. Visit your local book store and find a book that you like and feel comfortable with.
Some of the titles I have on my bookshelf include:
One Up on Wall Street by Peter Lynch
How to make money in Stocks by William J. O’Neil (Founder of Investor’s Business Daily)
The Millionaire Next Door by Thomas J Stanley and William D Danco
Check out web sites like fool.com and yahoo finance.
Investigate trading strategies with a proven track record over 3, 5, 10, and 15 years.
Pick something that you understand, find easy to use, will help you realise your goals, and where you can take responsibility for your investments and be in full control of your capital.
Systems like the Stocks Monthly system are definitely worth investigating once you are up to speed with the nuts and bolts of investing. |
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