 If you knew it took a thousand to get a 40,000 dollar car for free...? |
| This is guaranteed, not a scam... Would you find a way to come up with the money within 48 hours?... |
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 Independent financial advisors - rip off or worth their cost? |
| I have always used the services of IFAs in the UK, but after 10 years the money I have invested is not worth much more than what I have put in (i.e. no growth). I have considered moving to a new IFA, ... |
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 If i want to sell some shares that ive brough from the stockmarket how can i be sure they will sell ? |
| for example; if i got them on monday and by friday they had increased, how do i know that i can offload them ? is there always a guarantee that someone will buy them ?... |
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 Stocks for dummies? |
| What are stocks and how can I get involved in stocks.Please explain to me because I have no ... |
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 Which is better for monthly investing,mutual funds or rd account? |
I am planning to invest 2000/- per month for 10 years i.e 120 months,which will be the better option ,whether SIP in Mutual Funds or opening a Recurring Account with SBI or ICICI?
Additional D... |
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 I have $2,000 to invest. What should I do? |
Additional Details
I'm not worried about losing the money, and would consider high risk investments. This is more of an investment adventure for me.... |
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 Is investing in China still a good bet? |
Last year Chinese mutual funds returned upwards of 70%-90% in 1 year! So far this year, they've returned 33%!
Should I invest 1/3 of my portfolio in them in exactly 1 month?... |
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 I want to be an investment banker but am a trained lawyer - how can I achieve this? |
I have been looking for a career change for a while. I am a 30 year old real estate lawyer and would be looking to move into investment banking.
What steps do I need to take to change ... |
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 Stock trading, is it that simple? |
| heres the main jist of what i am understanding, i open an account say scottrade, i have $5k i am wanting to invest, i researched the complany, so is it this simple? open account, buy 1,600 shares for ... |
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 What is the biggest % return you ever made on the stockmarket? |
We all dream about having bought microsoft for pennies back in the seventies, or more recently bagging cheap shares in hot stocks like Taser, or HANS.
But who here has really ever made massive ... |
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Diana K | I have $1000 and I want to invest in stocks? |
I don't know how to start. Let's say I want to put my money into buying shares of IBM (just an example... don't attack my choice). What are the steps to take?
I know how to follow a stock, but how do I get into the action? Do I have to find a broker? What percentage would he get? Is there a fee to buy? A fee to sell? Do I buy the stock myself or does he buy it for me? Someone please enlighten me on the basics. Thanks! |
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Pati
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You’ve got a $1000, that’s great! Now, you need to define your goal. Would you like to invest for a retirement or a house or something else? Next, you need to know that to invest in stocks, you should have at least $50,000. This is because larger amount of money will let you diversify your portfolio – buy more than one stock. Diversifying is very important because it decreases the risk of losing money. Another thing about investing in stocks is that you shouldn’t need your money for at least 5 years, and this is because market fluctuate – there are years when the market is going up, and there are also years when the market is falling. With a $1000, you should invest in Mutual Funds. Mutual Funds are great because they offer a lot of diversification for a very little fee. Also, most Mutual Funds have the option of adding some money on regular basis. You can choose a diversified fund that invests in different companies’ stocks and bonds to minimize the risk. In your case, you only need to invest in one fund. It’s important to chose a good fund, it doesn’t really matter whether it has a load. You should look at or ask about the last 10 years of the fund’s performance, standard deviation, beta etc, and your risk tolerance , .To invest in Mutual Funds, you should also have a time horizon of at least 5 years. It’s great that you’re thinking about investing, but if you don’t have much experience in investing, please don’t do it on your own. Get some help. Almost every bank and Credit Union has a financial representative or financial advisor who will help you best she/he can. Don’t worry about the fees too much because it’s better to pay somebody to do a good job than to save the couple bucks and be sorry later. Good Luck.
Pati:) |
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Marla
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You would open a stock broker account and buy and sell any stock. Companies like IBM have DRIPs programs and you can buy their stock only direct. A number of companies, such as Walt Disney, offer direct stock purchase plans. These plans allow investors to buy shares of stock directly from the company. Most have a minimum initial deposit. |
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Don
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I like to recommend DRIP Plans, especially to beginning investors and people with small amounts.
I have had mine for over 22 years and it has been the best investment I have ever made.
Check them out. |
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Rick B
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Investing in any single stock is a bad idea. How would anyone know what it will do? How can you diversify and insulate yourself from risk?
Instead, invest in quality mutual funds with long-term proven track record. To get the best results, invest a set amount regularly and take advantage of dollar-cost-averaging. |
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J S
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You have to find a stock broker for eg. http://www.scottrade.com they are good, and you will be fine, at the moment i'm using http://www.goldenbullstocks.com they are great and they offer a free trial. |
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gosh137
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All mutual funds charge fees to manage your fund. Some also charge fees to buy the fund (called a load which is maybe what taxxcpa means). Many do not charge a load. Most mutual funds require you to invest $2500 or at least $50 per month each month until you reach the $2500 minimum. T. Rowe Price does this. I believe Fidelity also. Vanguard does not but they have one fund, the Vanguard Star fund that only requires $1,000. All their other funds require $3,000 or more.
You may need to find a broker. Depending on the broker, he will get anywhere from $4 (Sharebuilder) to about $200 (full service broker) to buy and $15 for sharebuilder and another $200 with a full service broker to sell. The broker will buy for you.
Many large companies have what is called DRIPs - Dividend ReInvestment Plans. Many of those plans require to be the owner of at least one share but many allow you to also buy directly from the company, your first shares. Check the web site of companies you are interested in for details of their plans. On the web site, look at the "investor relations" or "contact us" section. They will handle everything or have their "transfer agent" handle it for them. All you do is fill in some forms and send in the money. Some charge a few dollars for each purchase/sale. |
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Formerly known as Frank Castle
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Open a brokerage account and I will help you for FREE. (I am a Portfolio Manager) |
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Sir Percival Blakeney Baronet
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You need to start off with at least a few thousand dollars.
I'd suggest you don't use a broker. If you think a stock is worth buying, do some research on it and check out its high and lows and the stock market situation. The simplest way to go is to wait until Dow is low and buy one of its componenents and watch it rise along with the market. To trade stocks, depending on what you use to buy and sell, there will be a fee. |
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Joe SixPack
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That is too small to invest in stocks unless you invest in a no-load mutual fund. If you invest with a full-fee broker the commissions would kill any hope to make money. You might invest on that level with a discount broker who only charges $ 7 -$10 commission to buy or sell
A high-fee broker will make recommendations of stocks, but a discount broker only takes orders and you decide.
Many mutual funds do not charge fees. Look into Vanguard , Fidelity and T Rowe Price. You can find them using Google. |
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