 Do any IRA accounts allow individual stock purchases with the flexibility of a day trader? |
| I am looking to open an IRA account where I am able to select individual stocks to invest my money in. I also want the flexibility to buy and sell as I please in short or long time spands. Are ... |
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 Would you invest in a Timeshare? |
If yes what are the criteria's you would look in to?
How much would you invest?
How profitable should it be?
How is easy is it to sell Timeshares?... |
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 What should I do with my 401k now? |
| I'm now a homemaker but have about 2600.00 in a 401k at my past employer. I'm 38 and my husband makes a good living so I don't intend to return to work. What is the best thing to do ... |
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 If I begin investing in an IRA today, can I deduct it on my 2006 tax return? |
Assuming I open an IRA today and make monthly contributions, is the amount I contribute before 4/15 deductible for my 2006 return??
Additional Details
Also, when starting the IRA and ... |
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 What do you guys think are the best stocks in 2007? |
| i am a newbie in stockmarket.How do i choose the right stocks and how long do i wait to sell?? i would like to invest longterm like for more than 5-10 years is that possible? do i just buy the stocks ... |
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 New to investing, where to start? |
| I have had savings accounts, cd's, and savings bonds. I am now at a point where I want to get into mutual funds or maybe even stocks. I am looking for a really good beginners book that explains ... |
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 Best way to invest $100k? |
Best way to invest $100k
1 year, 5year 10 ... |
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 What is the best way to invest? |
| i have account with sharebuilde. every month, i invested about 150.00 buying stocks. right now, i have 20 different stocks in my account. is it better to buy one or two stocks at a time with 150.00... |
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 I have found a 'penny stock' I'd like to buy. Can I just send the company a check? |
| I know how to invest if you have an account with a broker, but I do not have an account. And considering the low cost of these stocks, I do not want to pay a brokers fee.... |
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 If you have $200,000, what is the best way to invest it, both, safely and at least with a 10% return.? |
i want to know if there's any kind of sound investment with a good return, are there any banks that pay a higher interest rate depending on the amount of dollars you invest?
i will be ... |
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hurricanes72004 | Im 20. ive never played the stock market but would like to try it out at a low cost to test the waters...help! |
i dont know where to start. everywhere i go i see hidden fees and monthly fees. too confusing. where is a good place to start? |
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Scout
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You my friend are the perfect age to get involved. As others have said, if you don't have a great deal of cash and you are looking to make a quick and easy dollar then buy a lottery ticket. However, if you are being smart and it sounds like you are you will want to think about mutual funds. A fund is a group of stocks/bonds that spreads out your risk. Your not going to get rich quick, but if you invest over the long haul you will do quite well. You are at the perfect age to get started. Let's say you invested $3000 dollars now in a fund that earns a 10% yield, without putting in another cent this would be worth over $100,000 at age 55. If you continued to give 3000 each year after that you'd have over 1 million at 55. I think the best fund company is VANGUARD. It has the lowest fees in the business and are 'no load' funds, meaning no feed on the front or back end. You won't get rich quick, but you will be verrry happy in just a few years. Go to vanguard.com and read some of their info...I also highly recommend 'Investing for Dummies' (don't laugh) to get a good start on your knowledge base. You are very wise to be thinking of this at your age. And don't think you are too young to start saving for retirement. Go to the Yahoo finance page...in the retirement section and read about the miracle of starting early. You will lose hundreds of thousands of dollars by waiting only ten years.
Good luck |
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Frank Castle
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The Stock Market IS NOT A GAME. |
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pickemeeeeeeeeeeee
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Theres something called "paper stocks", which means u play only on ur own , not with money. Keep scores, track em, and see how u do for about a week. :) |
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zyberianwarrior
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low cost test eh? Ok I'll give you a FREE site www.marketocracy.com you can buy any stock you want sell it anytime and you can even see how other "investors" are doing. In time you may get into the top 25 or better (as I have)
another free site that is really fun to get involved in is www.hsx.com the hollywood stock exchange this site is like the stock market except for stocks and companies you have actors and movies to invest in. This is also a good fun way to learn about calls and puts.
Both i use both I recommend marketocracy has what you are looking for though and when you get ready start with a low actual dollar amount say $500 and go from there. |
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NaturesDoctor
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Find a Barnes and Nobles with a Starbucks, find the book "How To Make Money In Stocks" by Bill O'Neil. Bill O'Neil actually did it. If your not willing to invest time in learning the stock market your wasting your time. |
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Hoa N
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Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com section university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 75,000.00 and 30000.00 in taxble account. by follow simple rule |
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Choochie Larue
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Start watching Jim Kramer's Mad Money on CNBC. Worked for my husband! :) You may also want to get an ETrade account. They can help you get it set up. Sometimes my husband can only buy 1-2 stocks at a time, so not a lot of money made, but not a lot lost either. I think this may be a case of learning by doing. There are a ton of good day trading books out, my husband has a whole shelf of them, but I don't think he has read even one of them. LOL You could also try finding a forum about day trading, and get some good information from old school traders. Good luck! |
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cjl1618@sbcglobal.net
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don't do it if you don't have serious money. It is gambling on a bigger scale, and you will be eaten alive if you don't have much cash.
If you want to learn do it pretend for a few months, only then think about putting real money in. If you have less then at least $5000 though, I would suggest you just find a mutual fund or two and let your money grow there. |
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Fres-YES!!!
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I was in the same situation as you were about a year ago... I am now 20 and I approached my economics teacher and he explained it to me. If you dont have loads of money to invest I suggest a online trading company like scottrade. Many other places charge you monthly fees...but if your like me (which I think you might be). You might only have time to check your stocks on certain occasions and do not want to pay monthly fees all the darn time.
Try scottrade becasue there commsion is really really low and they only charge 7 bucks for a trade. Its really the best deal if your starting out like I was. |
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MADELINE F
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Stock market is OK, however I recommend taking a look at the precious metals market. Very bullish right now with the high demand of precious metals from emerging markets like China, India and Brazil. Check the site below and some of the links inside for more information on precious metals trading.
http://preciousmetalsinvesting.blogspot.com/ |
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