Does anyone know about the stock market?
I was wondering if it is possible get rich by playing the stock market because I am somewhat considering to participate in this stuff; however, I really don't much about the stocks themselves and how to get the latest quotes. Most important, I really don't know how to play it properly. Therefore, I am hoping that someone can tell me the pros and cons of playing the stock market. I am serious; therefore, PLEASE HELP!!!!!!!!
Public Comments
- only if you have enought money that you can lose with. its just like gambling if you dont know what your doing.
- you can get money (though rich is a little much) by playing the stock market you can invest in a company you know is going to succeed or, you can try the "random walk" theory, which states you'll make money by picking random well-placed stocks. Yes, this is true and it works. look it up and you'll be surprised.
- You can get rich off the stock market but you have to "play" it right. There are many ways to successfully "play" the market. But regardless of your investing style, what is ultimately important is that you get a good return on your investment. For me, personally, the downside to investing has been frustration during periods when my stocks did worse than the overall market. But I believe the upside comes down the road when you have more money than you ever could have had otherwise because you weren't afraid to take intelligent risks.
- The stock market isn't what it use to be.If you want to play it safe buy fixed annuities from an insurance company.It might only pay 5 or 6% a year for 6 years but at least you can never lose any money .
- Only enter the stock game if you know what you are doing and have money to lose. And I mean lose! I sounds boring, but you sound like you better put your oney in CDs.
- People who "play" the market, i.e. "day traders" most often end up losing money. That is why you don't ever hear about millionaire's who "play" the market. If you want to "invest" then you should first spend some time educating yourself. Go to the library and find some books on investing. Read Peter Lynch's book. He ran the Magellan fund for ten years and is one of the few people to "beat the market" for ten years in a row. Read anything you can find about the investment style of Warren Buffett. The second richest man in the world is on of the few people in the richest one hundred that became rich solely through investing.
- stock market is market to purchase and sell stocks , the stock is part of company capital , stockholder is person has some of stocks , in the end of the year the company declare dividends to stockholders
- If you dont know what you are doing.. which you OBVIOUSLY dont... dont day-trade... The market is for long term investing... not get-rich-quick scheming...
- Stock market hmm -- you cant get rich over night per se unless you got a good lead on some info thats going to impact a company -- sure you could get rich but every other investor knows more than you and so theyre likely to get rich before you -- so learn the stock market -- read books -- play with a simulator portfolio like on investopedia -- do research THEN once you got all that down -- invest
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