 Any money saving tips? |
| i dont have much to put away but ive heard you can always save something, i want to save for many things like house, a car, basically want to save money to have a cushion for emergency reasons or ... |
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 Should I sell or hold my 71 shares of Delta Airlines stock? |
| i have 71 shares of Delta Airlines that I bought between .50 and .77 cents. up 164.9% YTD. should i sell now or are they going to keep increasing?... |
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 Im a teacher & I want to buy a house for 400K. Can anyone help with a loan to get me started on my dream home? |
| There is a home that I want in New Orleans that costs about 400K. I can afford about 1200 a month but it is not enough for what the bank wants. I know this is crazy, but at a teacher's salary, I ... |
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 What is the safest free place to keep my stock? |
| My grandpa gave me some stock before he died, and I want to keep it safe from fire, theives, etc. I don't plan on trading or selling anytime soon. I just need a safe place to keep it, and I ... |
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 Can you please recommend a tutorial for share trading? |
| Hi I am beginner in share trading. Please recommend online ... |
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 Roth IRA question? |
| I'm new to investing, and I recently started a Roth IRA with Charles Schwab. In the two months since I began investing, my shares have gone done about 4%. I know when you're investing ... |
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 Want to invest money, but how ? |
| working as s/w engineer and earning handsome salary every month, I want to invest. Dont know whether to invest in mutual fund or in stock market or in some xyz. Can any investment geek help me out ?... |
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 How much does it cost to have Goldman Sachs do wealth managment for my 200million? |
Additional Details
I am exploring my options, financial managers only give you options that help them get rich. So why not ask people like you :)... |
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 I have never invested in any kind of stocks. What can I invest in for a few hundred dollars? |
| I don't know much about investing. I am eagar to start some kind of savings for my future. My children are grown and have graduated college. I have never had any extra money for myself or to ... |
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 Do you invest your money? |
| Do you invest your money in stocks or mutual funds? or GICs? or RRSPs?... |
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uiY | Limited budget, want to start stock investment, best way to start? |
Hello everyone.
i am a fresh graduates in psychology, have some saving, begins to think about investing some in the stock market/ foreign currency. any step by step recommend technique for a little gal like me? many thanks!! |
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RayM
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If you have time open a brokerage account and watch CNBC-like mad money. Otherwise go to TR price and set up an account and make monthly contributions. Can start with a Little as 50 / month. Remember to set some $ aside for as rainy day and some more for vacation. |
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akatamax
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well you did not give your location but it might not really matter. i am in nigeria and can assist you to invest in the nigerian capital market which has done so much in terms of returns on investment for investors. investors made from 50%- 300% profit last year for example. if you wish to do this it requires your registering with the stock exchange and a stockbroking firm like mine cashcraft asset management ltd www.cashcraft.com - prospective client- be our client today. you can email me at akatamax@yahoo.com or call +2348054006082, +2348055816625 for clearifications. investing in stocks in nigeria is a sure way to increase your worth. try it. |
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Janice 10
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I would NOT invest in the stock market too risky! Investments need to be difersified, meaning in several different places. Invest in what will be a big profit return. Like Real Estate and rental property, like I did! Best Wishes and Happy investing! |
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zyberianwarrior
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stay away from Forex for a few years (you could lose all your money in seconds). While sharebuilder is good for starting out teh selling fees are way too high. I would start simple go with a low cost mutual fund build up on that then branch out once you feel comfortable in the market. |
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Spikey and Scruffy's Mummy
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Start with a "Managed Fund" ....it only takes about $1000 to start in most cases, usually pays dividends every three or six months (depending on which one you choose). If you like Shares, start with "Equity Funds" (either local or International). They are usually safer (more spread of risk, greater exposure to the "market"). If you like Property, go for a "Property Securities" (or similar) Fund. If you want a foreign exchange, go for a "Forex" Fund. You can "mix and match" several Funds @ $1000 each one, or you can get a "broadly based Fund" with a bit of everything in it - really it's your choice
Handy Tip - rather than pay them $1000, and then have them take the 4% (or more) "Entry Fee" off you, leaving you with something less than the $1000....you ADD the fee into the original entry amount, e.g. If there is a 4% "entry fee" you just DIVIDE $1000 by 96%......that will give you an amount of $1041.67 to pay. Once your money is accepted, the fee will be taken out, leaving you with a "straight" $1000 to start - makes it easier to work out your profits - everything OVER $1000 and you're on a winner!
If you prefer "direct investment" into Shares, just go and pick something that EVERYONE buys No point in telling you which ones to pick, because I could be wrong. No point in picking just what the Investment Books tell you, or what other recommend, because thay are usually wrong too.
Pick something that you LIKE - usually what is called a "Blue Ribbon" Stock, something that its pretty well going to make money in most circumstances. As you get more proficient in your dealings, you extend your capacity. If you go for the "penny dreadfuls" or the "high risk" stocks, that is what you will get Don't complain when you fail to make money.
Spend only what you can comfortabley "afford to lose" if it all goes "pear-shaped". Remember that by investing in only one or two "stocks" you are limited in your capacity to make GOOD money. and if that Stock goes down the gurgler, so does your money. My daughter invested in BEER stocks becaue "in hard times, everyone likes to have a drink", she now encourages everyone to "have another" at parties, because she is going to make fractions of a cent for every beer they consume. |
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LIGHTBULB
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hi i work on the show called "mad money" on NBC. i would recommend watching this show as it gives you great advise about how to start small with little experience and slowly work your way up.
myadvise is dont listen to these investor websites as the advice they give probably will not be accurate. "no such thing as a free lunch". i always ask myself if there so sure a company is going to succeed then why arnt they investing it instead of telling others to invest.
make sure you understand the basic rules of the stock market beforehand. i would recommend at first to invest in companies that you have heard of and are relatively large as this limits the risk. as you get more confident you might go for higher risk companies with the change of higher profits.
hope this helps |
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ninebadthings
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It is a huge learning and attitude curve. So just get into it, an on-line account is very easy to set up. I like Ameritrade. It is super easy to buy and sell inividual stocks. Don't expect to do well right off the bat and know that you will have alot of ups and downs. For me buying the right stocks has been the easiest part. Knowing when to sell is by far the hardest.
Personally my favorite website for articles and research is the MSN money site. And I have done well when I sort through their top 100 stocks. I like to compare their picks with Jim Cramer's picks. Jim Cramer's TV show is good basic information too. |
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John L
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before you start investing with your own money with no guarantee why dont you check this out
www.wwipg.com
they give you money and invest it for you with high interest.
*note-this is not a referral link i am |
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rthorneindustries
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Since you're a graduate in psychology- I'm going to recommend you pick up a book called "Stock Market Wizards" by Jack Schwager. Read the interview with Ari Kiev. It'll show you how understand market psychology. It's not long- but a good introduction. I promise you, it will help.
Avoid recommendations on CNBC, as it's ran by journalists not traders. Listen to 'news' not 'oppinions'. I don't want to just 'tell' you this, but try this experiment. Listen to the so called 'professionals', write down the stocks they suggest and see what happens. Many times you would lose money if you invested in such a way. Especially because you can't buy every stock they are promoting, so you're left to take a 'chance' on an 'opinion'. It's your money, treat it better than that.
The other thing you can do is get involved with an investment club somehow and invest a small amount in the group. Or 'paper trade' on a site that simulates placing orders buying/selling stock(virtualstockexchange.com is free).
Thats your training wheels in the market. Take it step at a time, don't expect to go into the market and crank out money. This is like every other profession, same as a doctor and lawyer, etc. Takes time to learn, and most likely you're going to lose money at first until you develop consistency. If you're not willing to put in the time and money to learn, then you might just want to buy a CD at your local bank or something like that. Be good! Here's some sites to check out: |
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will2russia
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http://www.sharebuilder.com/ |
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ptljr1
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i have found Sharebuilder to be a wonderful site as well as affordable.
www.sharebuilder.com |
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