What's a good book or resource to learn about investing/trading stock? |
| i wanna throw like $1000 on scottrade and play around with the stockmarket. i know very little about investing. could anyone point me toward a good book or resource to learn about trading stock, IRAs ... |
|
Why should india rely on "Out Sourcing" for its economic growth? |
| Are we not better off concentrating on R&D in hi-tech areas and relying on economic benifits of it?... |
|
What is making the current stock market go up and down like a yo-yo? |
Would appreciate hearing/reading the general feelings/wisdom as to what is causing the saw tooth actions of all the stock markets. The "insight" provided by the pundits
(I gues the ... |
|
I want By Gold around 130000 Rs amount.? |
I want By Gold around 130000 Rs amount.
The market current price for gold id too high. Just let me which will be the correct time to buy gold and at what price?... |
|
I'm 30, how should my retirement portfolio be balanced? What percentage to large cap/small cap/etc.? |
| I have the time to oversee my portfolio so I don't want to hand over my money to a fund manager. I am acceptable of risk (I have 30+ years until retirement), but need to know what a decent ... |
|
How reliable is Jim Cramer? |
| In the business world, is Jim Cramer considered a joke or a reliable source?... |
|
Question regarding long term investments? |
| I'm looking at investing about 10G, split between a traditional IRA with the larger portion going to US/foreign stocks; probably about a 40/60 split. I'm self employed now, and will open a R... |
|
How should i invest my $3000? |
| should i invest it in stocks or something like that or get bonds, savings accounts, or what? i'm new to ... |
|
What is the #1 stock to buy? |
What kind of stock should i buy with a small amount of money,
that'll pay off in the long run?
what are some tips for first timer at buying a stock?
what should i look for?... |
|
|  |

kelli2586 | Where would you recommend a beginner start investing? |
I just want to buy 2 shares |
|


A nobody
|
Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself.
Start your education by learning why you should invest and the importance of being able to make your own decisions or how the pro’s make theirs.
Here is some reading material that can get you started in the right direction,
The first book you should read is Rich Dad Poor Dad by Robert Kiyosaki
Then try some of these
What Works on Wall Street by James O'Shaunessey
Beating the Street by Peter Lynch
One Up on Wall Street by Peter Lynch
The Warren Buffett Way by Robert Hagstrom
Trading For a Living by Alexander Elder
Mastering the Trade” by John Caster
How to Make Money in Stocks” by William O’Neil
The Disciplined Trader by Mark Douglas
Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance. (http://moneycentral.msn.com/home.asp http://finance.yahoo.com/ )
While at MSN following the strategy lab analysts to get a feel for what the pros are doing and why. This site has some basic information for beginners. If any site offers free information, take it.
Other website that can provide instructions and help with procedures and terminology are
Investopedia - http://www.investopedia.com/ Stock Charts - http://stockcharts.com/
http://www.investorshub.com/ http://www.1source4stocks.com/
Most reputable brokerage firm's have minimum dollar requirements for opening an account. Usually two shares would be below most minimums.
Learn what you should be doing, how to do it, then you'll know where to do it. |
|

Brother Otter
 |
I would actually recommend you open an account with Edward Jones. EJ doesn't have any of their own products so there's no question about conflict of interest. And your Advisor will take time to explain things and offer suggestions.
I personally really like several of the American Mutual Funds. |
|

John F
|
I´ve been investing for more than 20 years and trading for almost 14, and I can tell you that if you want to make BIG and FAST profits, I recommend you trading rather than investing, trading can help you to go from rags to rich.
If you are investing, you must have already achieved some degree of financial success, long term stock investing and FOREX can help you become much richer than you are today.
My experiences as a Nasdaq Market Maker, Head trader of several brokerage firms, and currently as a professional trader and private hedge fund manager, I can suggest you that:
We trade because we want quick, short term profits on a consistent basis. We want to cash flow the market. Milk it like a cow.
Make consistent, small, short term gains rather than trying to hit a home run on every trade. Don't ever forget that.
Don't marry a stock, marry the idea of making money trading stocks. That's the only way to do it.
For me "All stocks are equally worthless”
I don't hold on to any illusion that the stock market will continue to go up and provide a nice retirement for me.
I could care less which way the market goes. It's irrelevant to me if the market goes higher, crashes or moves sideways for the next 50 years. I really could care less. Stocks are just four letters with two prices next to them that I use to make a living trading.
Trade ONLY when you have a clear, easy and identifiable advantage, because without a CLEAR EDGE your odds of success are NO better than a flip of a coin… That´s why so many new traders (and investors) lose money.
Take a look at any daily chart of any index or stock and you'll probably see the most volatility and the biggest opportunity for profit during the first Hour of the stock market's opening.
The popular thinking and conventional wisdom is that you should wait about an hour before you start trading.
But if you do, you'll miss the big, fast moves that stocks make as all the amateurs let their emotions out through their
online accounts, usually right after they read some news headline or hear Maria Bartiromo go off about a stock on CNBC.
It's easy to see why trading the open is the market's prime time for profiting from other online traders.
The market's open is very volatile - that is the perfect environment for LARGE, FAST profits.
Learn to trade as a professional Market Maker ,not as an emotionally driven amateur trader or investor with few thousand dollars in an account at Etrade.
There isn't any other time during the day or any stock you can invest in, that can make you 1, 2, 3, 5, 7 or more points
in minutes OTHER than during the first hour the stock market is open. That's why I love trading the open so much.
I trade only when I have an edge and that means "only the first hour the market is open".
If you are a beginning trader, you can give yourself an unfair advantage in the market trading this way.
I can carry on with the advises about how to make money trading, but if you ask me:
"What is the best thing you can do for me?
I will say:
Give yourself a BIG favor and go to this "Top Secret" site and learn how to get the BEST stocks that will make the largest and fastest day trading profits you´ve ever seen, all by yourself...
www.onehourtrading.com
After you review this site you won´t need system, strategy, book, software or mentor to tell you what to do,
you will be able to profit HUGE every day.
Good luck and good trading,
John Fontaine |
|

go china
|
I think you should buy more shares from a dividend paying stock and just sit back and collect the dividend because if you do enough research and find good stable company lets say colgate(people always brush teeth), colgate have a long history of raising their dividend and dividend have little to do with the stock price even if the stock crashes you can just sit back and colect the dividend every 3 month. |
|

mylilbubbers
 |
2 shares of what? Well, it doesn't matter.. it sounds like a minimal investment.. the only place I know with no minimum is sharebuilder.com. Check out my site too for a newbie investment guide that will help you. good luck |
|

InvestmentCoach
|
Well, if you have a 401k plan at work, you should consider that first, especially if your employer will match your contribution. Then, you may have four shares!
Second, if you are planning to continue investing (I am guessing you aren't just doing this one time), then by using mutual funds you will actually be able to get fractional shares of a bunch of companies, which helps to reduce your risk.
Of course, if you just want the experience of buying two shares of stock, I think you have already received some good suggestions for discount brokerage accounts. How about two shares of Google? You will only need about $1,100 for that!
If you are going to be continuing to invest more money in the future and you do decide to contribute to your 401(k) plan, I would strongly recommend that you check out our free Investment Strategy Guide at InvestmentCoaching.net for some more detailed help.
Have fun and I hope you make lots of money! |
|

Alan Greenspan
 |
only if you are buying brka or brkb |
|

| |
|
| |  |
| Questions List |
Answers | Last Post
| | | |
7 | 17 minutes(s) ago
| | | |
6 | 32 minutes(s) ago
| | | |
7 | 2 hour(s) ago
| | | |
7 | 4 hour(s) ago
| | | |
7 | 5 hour(s) ago
| | | |
7 | 10 hour(s) ago
| | | |
7 | 2 day(s) ago
| | | |
7 | 5 day(s) ago
| | | |
7 | 2 week(s) ago
| | | |
6 | 1 month(s) ago
| |
|