 Going to inherit $50,000, what's the best way to invest it? |
I'm 17 and when I turn 18, I get $50k from my grandfather. How can I invest it?
Additional Details
*Also anyone who can list good investing books will be appreciated.... |
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 What is the best way for a 25 year old to invest her money? |
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 FOREX trading? |
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 Does selling a stock i own constitute a trade? will it incur a trade fee ? |
| i am thinking of opening an account on scottrade.com. they charge $7 per trade. a trade means buying a stock only or buying and selling both ?. lets say i buy 10 shares worth $10 each for 1 company. ... |
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Alex | I wanna buy stocks but how? ? |
I wanna buy some stocks but I don't know how to get started? Can you help and give me details thanks |
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Derek (Steelers, SB champs)
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You can buy stock through a broker, directly from the company itself, or through a mutual fund. |
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Tigers
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you have to open one online Dmat A/c and then you can purchase and sell shares through that, It will open with minimal fee of Rs.950 in India in any Indian banks. For more stock market updates you can visit Profit.ndtv.com |
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Jennifer
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If you go to Zecco trading online there is no stock commission so you can actually save money per trade. They even have penny stocks! Etrade is pretty consumer friendly too.
As far as picking stocks to buy, I pick stocks of companies that are kept in business by practically EVERYONE! For example Starbuck's. Almost everyone I know is addicted to those stupid things!
There are several companies on the Internet (singleshare.com and giveashare.com are my favorites) that will sell one share, including the stock certificate in a frame, for a fee that approximates what a broker would charge for the certificate alone.
try this websites;
http://www.ehow.com/how_544_buy-stocks.html
Tells you how to start, and choose a company
There is some tricks to finding out who to buy, |
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Azeem_FINA4242
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The best way is to do it online. The cheapest one is SCOT-TRADE. They only charge $7 per transaction, buy/sell. All you need is to get a cashiers check, which you can easily get made from your bank, and drop it at a near by Scot-trade location. You would have to fill out a form and then withing 2-3 days you would be all set to trade stocks online.
You could also trade stocks through a broker but it is too time consuming and not that efficient. Where as online you could sell a stock right away when you need to, provided the market is open, and if you feel late at night that you want to sell your stock you could just log on to "www.scottrade.com" and set a price at which you want to sell it or just sell it at next day's opening price. Trading online is just too convinient. I trade online using SCOT-TRADE and that is what i would recommend you! |
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Monkey Balls
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I couldn't figure out how either and that kept me from buying stocks for a long time, too much jargon and confusion.
Finally a friend told me to go to tdameritrade, and I did. Real easy, transfer some funds electronically into your account and start trading! Pretty much once you have an account open you can just pick a stock and click on buy.
There's a lot more to learn but there's demos and stuff to watch, also you can call their 1-800 number and talk to real people for help.
I don't know how it compares to scott trade and others, ameritrade charges 10 bucks per trade, apparently someone said scott trade only charges 7. I may check that out now that my credit is good. Before I had tried to use scott trade but didn't pass their credit check.
Ameritrade didn't require a credit check, although I would pass now. I'll definitely check out scott trade now though, I'm still pretty new at this too. |
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tennislover
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1. see your finacial advisor at the bank.. tell them u want a online self directed investors account
2.look at a few stocks u want to buy and follow them for a while
3. you buy a stock according to shares.. example 2000 shares at 2.50
4.always look at the 52 week high and low of the stock before u buy it |
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M dub
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yes open a brokerage account and deposit some money. scottrade schwab etc. watch your commissions and fees if trading frequently. might want to avoid etrade at this point. |
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