 Can you explain the reason behind the recent stock market crash? |
| Please explainm the US federal reserve's announcement to cut the rates. what is 75 basis points?... |
|
 Can I make good money off the stock market? |
| I'm very young, 24, and don't even have a real job yet (won't until a year from now at the earliest) but when I do get some cash I'd like to invest it, wisely, in stocks. I'd ... |
|
 Forex Brotherhood Review? |
Is anyone on here a member of the forex brotherhood? Anyone know of any decent reviews?
cheers, Davie.... |
|
 I am working in a bpo sector ... i need to invest on mutual funds i have no idea about it.? |
| i would like to have advice on how to invest in mutual funds or in insurance for a lessr period ...within 3-5 years not more than that....... |
|
 If I wan't to invest 100 dollors a month in small companys that I think will do well who do I call? |
| I don't know how to actually invest but I can always pick the companys that I know will do we'll . If I learn how to buy and trade quickly Id be rich already. I also have wanted to find out ... |
|
 What happens to my stock if a company declares bankruptcy? |
| I own a few hundred shares of (AHM) american home mortgage and i only bought it a few days ago thinking that it was as low as it could get and now they are talking about bankruptcy, I am wondering ... |
|
 What's the best way to earn money? |
| how can i earn a bit of money because i can get pocket money because my mum and dad are poor and i can't get ema.... |
|
 Why arn't many people investing in Gold? |
| I mean isn't Gold the only element that has very high value over time? Cash succumbs to inflation but gold doesnt then how come people are investing their money in other stocks that have no ... |
|
 Can a son or daughter fight who is named beneficary in dad's 401k. no will.? |
Additional Details
son or daughter was not named a beneficary in 401k. dad is deceased no will. can be fight the person named ... |
|
 If i have $10,000 for stock investment and being a beginner what stock is best to invest in and why? |
| if i have $10,000 for stock investment and being a beginner what stock is best to invest in and why? If I do invest, would it be smart to get e-trade for investors?... |
|
 401k Should I or shouldn't I ? |
| My company matches up to 10 % but the economy is seems so bad right now. Is it even worth investing in? T... |
|
|  |
Edgar Ng | Starting with US$2000 in stock market? |
can i survive? and i break even? can i climb the ladder.
how much profit will i have to make anually to break even?
damn commision rates are all different !
and no one can give a definite answer of the cheapest broker despite how many times i asked.
and i dont understand why people use expensive brokers maybe because they offer service.
i havent start investing , enlighten me.
im on the knowledge gathering stage.
Thanks!!! no advice please..answer my question!! thanks!! |
 |
 
Chad
|
The cheapest broker is Zecco.com
10 commission free trade if you have a balance over $2,500 otherwise it is $4.50 a trade.
However, that of course does not mean they are the best. They offer a simple basic trading platform. If you want some tools try TradeKing at $4.95 a trade.
The best mainstream popular broker is Scottrade at $7.00 a trade.
Investing in stocks with only $2,000 will be very difficult simply because you won't be able to buy very many shares of stock.
My personal opinion, would be to wait until you have $3,000 dollars saved then visit vanguard.com and open a "quality" mutual fund. |
|
Lion J
 |
If a broker makes me some money, He has earned his commission.
Breaking even should happen in a few months, if you buy a mutual fund. Breaking even is not what most people are after. Your money should be growing at a rate of at least 5% to stay ahead of the inflation rate.
Stocks have gone up an average of 7% over time, on average.
Investing is fun, frustrating, educating, and can be quite lucrative over time.
I will not give you advice about my favorite mutual fund company, because you said you don't want advice. Fair enough! |
|
frank_adams917
|
Try Revlon (REV)
It is a well know company about to turn around.
They are going to announce earnings soon so it could run up quickly. |
|
Russell G
 |
Your first option should be to fund fully a retirement account. If you do this, and you have extra cash, then one of the best things you can do is open a DRIP Plan.
Go to : low-cost-stock-recommendations
.com
Click on the "DRIP's" Button on the Navigation Bar
These powerful investment plans are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.
They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down. They are a must for any serious investor.
If you decide you are interested in DRIP Plans, click on the advertisement on the same page "$4 to purchase stocks". This will answer your next question, which is, How do I get started? and what is the least expensive way to get started?
I strongly recommend looking into it. They are great plans.
Good Luck |
|
knucklehead 61
|
forget individual stocks, you should look into no load mutual funds to diversify. i invest into one every week with no commission paid thru my wells fargo checking account. once you get a solid amount built up & have a better understanding of how stocks work then you may wish to buy individual stocks. |
|
Brendan Prewitt
|
It's awesome to see you're interested in the stock market and actually taking the right steps by researching first. Breaking even depends on a few factors, namely how often you trade. With $2,000, commission fees fight a tough battle. I personally use Scottrade and am happy with their service and $7 trades. If you invest in two different stocks, $1,000 each, you will have to recover $14 to break even which is equal to approximately 1.4%, anything beyond that is profit. However, if you consistently trade, you will be stacking the odds against you with such a small account, as commission fees will significantly eat into your profits. ETF's would also be a great tool for such a small account, as they will allow you to diversify and lower your risk. I don't know if you have already done so, but you should look at Investopedia, a website dedicated to investor education. You should definitely check out the tutorials and some of the articles the site has. Basically, you should stick to investing over trading, if you desire to trade, until your account value reaches a higher level, which will allow you to weather commission fees easier. I have included the link to Investopedia. Just some thoughts, I hope they helped.
Best of luck!
Brendan Prewitt |
|
Joe
 |
Sounds like you're where I was back in september. I'm still trying to figure this all out, but I'm getting there.
You can survive, it's not that hard. As far as how much you would need to break even, well that all depends on what your costs are. A few days ago I bought 100 shares of etrade, it cost me 9.99 for the trade. So I would need to make $10 to break even; which means that stock needs to go up 10 cents.
Every company does have different rates for their commisions. Scottrade is the lowest I know of, they're at 7 per trade. I use sharebuilder which does trades at 9.99. Going in and meeting with and using a broker is alot more expensive because you have to pay someone for their time and they offer more service and specialized guidance
What I think you should do is start off with a mutual fund or an ETF. They're fairly safe and can help you get a feel for things. Second, start watching CNBC, or someother financial network. Third, go to a library or book store and get a copy of investing or mutual funds for dummies. Some people tend to shy away from them, but there really is alot of good information in them. |
|
SuperCactus
|
Investing is simple. Here is a system that works when used a few minutes a day.
Only buy stocks that are in strong up trends. Determine that by taking any stock symbol to www.bigcharts.com. Enter the symbol and you can quickly tell if the price trend is up, down or sideways.
Only buy stocks in strong up trends. When they break below a 50 day simple moving average SELL. Find another stock in a strong up trend to buy.
Take a look at GLD and JJG. I use FirsTrade.com
Here's wishing you as much success as I've had. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 40 minutes(s) ago
| | | |
8 | 50 minutes(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
9 | 5 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
9 | 10 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 4 day(s) ago
| | | |
9 | 2 week(s) ago
| | | |
9 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
