Stock Markets Exposed
Stock market...........?
im 16 years old and i want to make money in the stock markets but how do i get involved and learn about it. there are no courses or anythhing like that in college. tried libraries and google but not enough proper information. went to a free private seminar at WIN invest London. load of crap they dont talk anything about how to trade but all the guy wants to do is sell a pack of DVD's and 2 day course for £2500+. i also read the Stockmarket for dummies. load of crap too P.s i dont know anything about stocks. thanks
Public Comments
- The best way to understand the stock market is to understand investment strategies. The best strategies, in my opinion, are the simplest. Google the following terms and make sure you have a complete understanding of them: 1. Compound Interest 2. Dollar cost averaging 3. dividend reinvestment This is a great place to start.
- I'm 14, and I have a mutual fund. I had my parents as cosigners. You'll need an adult because you're a minor, and check out some of the stocks. you also need to know if you have enough money so it'll be worth it. www.morningstar.com has a great variety of stocks and a lot of information. You'll need a stock broker if you want an individual bussiness stock, the internet's a great way to find out about stocks and what they're all about. Good Luck!
- Ok... 1) Every investor WANTS to make money on the stock market. Some do well, some don't! My standard answer... do some research! 2) To get involved, contact a share-broker. Some banks also have this facility. Shop around! Again... research! 3) To learn about stock markets... once again, research! I just did some (research) and found the following... - http://en.wikipedia.org/wiki/Stock_market - http://money.howstuffworks.com/stock.htm - http://www.marketwatch.com/ - http://www.ft.com/markets - http://www.forbes.com/markets/ - http://money.cnn.com/data/markets/ - http://finance.yahoo.com/ 4) Information is readily available. Find it, utilise it! 5) Monitor the market(s) you choose for a period. Find out the top stock(s). You should be ok with those to start with. They are the top stocks for a reason! 6) Decide how much you have to invest, and stick to your budget! Be prepared for losses also! 7) Spread your investments across the options available, e.g. high interest earning bank account and stocks, to name just two! This will help minimize losses. 8) Follow your instincts! 9) HAVE FUN!!!
- as ur intrested in learning about the stock market u just go to www.NSE India.com and u will find NCFM module from that u download the NCFM material and go throuh the book u will come to know about the terminology used in the business. there are some sites which is virtual market for the beginners. sites r money controll and Money bhai. Ithink now ur problem is solved as u have no need to spend any amount for learning about the stock market.
