 Stocks !! I want to give it a try, but not sure how to start? |
I want to personally set aside a few dollars and give the stock market a try, but I have absolutely no idea how it works, or where to start? Does it have anything to do with Mutual Funds?
I ... |
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 Stock market, CD's, or just a savings account? |
| Having just recently had a son my husband and I would really love to start him some sort of education fund. However, with the stock market in a slump if you will, we are not really sure what we ... |
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 Why is Ford worth 44% more than GM? |
| Ford's market cap is 16.39 billion, GM's is 11.39 billion. This is relatively recent, in October of 2007, GM was worth much more. It also has a 5% dividend yield while Ford has none. I ... |
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 How Can a 17 year old open a stock market account? 10 points? |
| I tried to do it but they said that you have to be 18 for it (and I do not want to wait!) I got my parents' permission for it and everything but I sitll don't know how do set up the ... |
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 What happens to my shares when a penny stock (under $5) increases over $5? |
| Will I lose my shares? I've invested in a penny stock when it was .95. It's been slowly rising the last year and is now at $2. Does anything happen to a stock once it leaves penny stocks ... |
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 I'm looking to start learning about how to invest in the stock market, any tips on where to start? |
| Honestly, I have NO idea what I might be getting myself into, but I'm looking to start doing a little investing. I'm 20 years old and don't really have much money right now, only what ... |
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 I have a job to go out in dubai as a stockbroker. we will be selling to the uk with UK stocks. i a wondering.. |
| would any1 trust a guy speaking english (im a londoner ) in dubai selling uk stocks? also what you think of the job as a ... |
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8 | How long would it take a decent trader to turn $50k to $100k? |
If the guy is good at technical and fundamental analysis. Taking into account taxes too. Asume that the person has another job and is making $100k in that. What do you have to think about in terms of tax and commisions?
Additional Details
*guy/gal is good |
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Joe K
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commissions won't be anything to worry about.. So many brokers offer $10 or less.
lets put it this way... you have to earn about $85,000 on your $50k, so that after they take 40% of the $85k away for taxes, you'll have your extra $50k...
so you need to turn $50k into $85k in one year? to do that, you need to earn an *Average* return of only 0.393% each day!
0.393% of an $80 stock is only 31 cents... of course some days you'll be up 2%, and some days you'll be down 2%...
you said the guy/gal is good at both technical & fundamental... so earning an average of only 1.98% each week should be a piece of cake!
People do this... all the time. It becomes more difficult when you have huge amounts of money, and that is partly why regular mutual funds don't earn crazy returns... it is hard to be nimble when you're driving a big ol' semi full of cash..
but for little guys with only $50k or so, nimbleness is so easy, we have to be careful not to get to crazy about moving in & out all the time.
Swing trading is thing... buying a stock for a week or three.. the market makes little swings back & forth and most stocks follow the market. pay attention every day... but don't Trade every day. |
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muncie birder
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If you are good and right, maybe two months. I saw Garmin double in price in a couple of months then cut its price by 1/2 in another couple. But that invovles thating a great deal of risk. If you are not right but still good you could loose guite a portion of your 50k. |
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Sixtus
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An eyeblink if he is using CFD's or some other highly leveraged derivatives at 100-1 etc.
What I call a decent trader is a competent investor. So 6 years, which is the rate at which an investment doubles at the average stockmarket return of 12% |
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Repairmanjack
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I think you should read through these quotes:
http://www.ifa.com/Library/Quotations.asp |
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rudy
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Analyzing is important but be careful during a downward trend such that we are in. Those tools will allow you to find an under valued stock. Look for lower P/E ratios for that.
In terms of turning 50K to 100K that is a 100% return, and everyone would only dream of that. To do that in the short run your going to have to gamble. I've been taught and learned myself that diversification is the safest bet. With your head on your shoulders I would say 5 years at the least. |
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Stock Market Master
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It would take 4 years |
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