I'm still new to investing and i had a question about stocks. How does a stock improve in price? Does it move up in price because people start buying alot of the stock or does it increase or ...
I'm new to investing and stocks. I see so many "gurus" on TV and magazines giving advice and recommending stocks, but which one to trust? I read in another place ...
I own vnaguard total international stock index, total stock index, & gaaex (alternative energy companies)---- ALL are sinking EVERY day for the past few days--- Im losing 1000s... is it time to ...
We have some money in savings and want to move it to mutual funds...divirsified..funds that have been around since the 30's and have an average return of 12%....
I want to start investing in stocks but I don't know where or how. Can anybody help me with this? I am only 19, so I'm new to the financial freedom world.
Dont listen to Billy A. If he was really successful he would not say that. How can u put a limit on the number of shares you buy? That limits the money you can make. I like etrade.com. It is pretty simple like online banking, they have good news and updates. You can even call and talk to a broker about investing and they can give you some advice. Although i dont think that helps anybody in the long run. Because if you lose money you will blame it on the person who gave you advice. It should be you who picks you investments. Start watching "Mad Money" with Jim cramer on CNBC. weeknights at 6pm and 11pm eastern time. Like i said tho when he gives advice do your own research and you will feel better and learn a lot.
medleylxa
Consult a Mutual Fund Broker. Only hire that person if they're willing to teach you about the process and NEVER invest in something you don't COMPLETELY understand.
You should stay away from individual stocks if you're looking for a long term investment in your retirement, etc. Mutual funds will grow with less risk than single stocks and it's much less like gambling with your money.
Sioneâ„¢
Sharebuilder (http://www.sharebuilder.com) is a great way for the small investor go get started. I've had an account with them for years, but the benefit is not having to have many thousands of dollars to get started. They allow you to purchase stocks in amounts of money (you can buy $50 of Microsoft instead of 20 shares) so you can decide how much you can afford instead of having to purchase in larger amounts. You can end up owning 86.43 shares of a stock. You can also set up monthly purchasing, which I've always done so it automatically comes out of my checking account each month to purchase a specified stock. The fees for transactions are pretty minimal at a few bucks or so per transaction, so if it's just monthly transactions it's cheap. I think real-time buying and selling is around $6-10 per transaction (for selling or an individual transaction of buying right now).
Brian E
Read as much as you can about investing. Join an investment club. Talk to people who invest. Start saving money now to start your investing. Go online and paper trade. Check out Investopedia. It has great paper trading and will allow you to lose your virtual shirt so you won't lose your real one. Read Robert Kiyosaki - rich dad poor dad.
src50
Learn Learn Learn before you invest or you will lose money. There a lots of good books on the basics, like "Investing For Dummies" or Suzie Orman's books.
Larry M
Ask yourself these questions:
How much do I have to invest now?
How much do I want to continue to invest each month?
What is my risk tolerance?
How long do I want to invest for?
The answers to these questions will help you decide where to start. If you sit down with these answers and a financial adviser, either at your bank or at a reputable investment firm, they can help guide you through some initial steps and get started right away in some fairly safe "ground floor" investing. Then you can continue on learning about more sophisticated and riskier forms of investing as you go along. The important thing is to get in, learn to build an investment strategy and stick to it. You'll win some and you'll lose some. The trick is to learn how to win more than you lose. Don't be afraid. At your age, the worst thing you can do is stand on the sidelines.
tropical27
I agree with "Sione" Sharebuilder.com is the best place for you to start. You can buy partial shares and it is very easy to do. E*trade is alittle more complicated for someone just starting out.