Stock Markets Exposed - Stock market???????

Stock market???????

I have about 2500 dollars and I wanted to invest about 2000. I was thinking of using a broker, but somone told me I shouldn't because I was only putting up a little bit of money and I wouldn't earn much with a broker. I am a beginner, so if someone could offer some advice I would greatly appreciate it. I really want to get started in the stock market. Which company is best and which one would allow me to start with 1000 - 2000 dollars? Which ones are good for beginners?Where can I learn more about this?

Public Comments

DogsoftheDow.com Try the method its consistant, relatively low-risk, and is really great for first time investors.
Go to scottrade, the min is 500 to open an account. Buy Visa.
The best investment for a beginner, in my opinion, is to open a DRIP Plan. I have had mine for 22 years and it has done very well. They are seldom recommended by brokers due to the low rate of commissions received. However, these reinvestment plans can be very powerful long-term investments. Studies have shown that DRIP's are one of the best strategies on Wall Street. They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan. Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases. These long-term plans are great for beginners as well as veterans. Check them out. Best of Luck
If you're going to do any type of investing in securities you will have to open a brokerage account or an account with a mutual fund company. Without having more information about your personal information, such as age, current income and other data such as risk tolerance, martial status, and demographics it would be very inappropriate for me or any other person to provide specific investment information in this type of media There are thousands of people just like you that are, or were looking to invest and those that did bought Mutual Funds and/or Exchange Traded Funds (ETFs). One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience. Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges. Mutual Fund companies as well as ETFs have an entire array of products many will fit your needs. You can go to the MSN.Money website it has an entire section on mutual funds and Exchange Traded Funds. Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing. You could also contact the funds companies for more information. I have found that Vanguard & Fidelity can meet your needs for mutual funds. The service and information they provide is all free and you will find it helpful. Good luck and stay with investing, you'll never regret it. And remember, keeping you money in a bank or bank product is not investing.
well my recomendation is zecco.com they offer 10 commission free trades and the minium amount to get this is 2500 if you have anything under 2500 it is only 4.95. i recently joined zecco.com and i highly recomend it for beginners.
Double your stocks is a great program, google it
You REALLY ARE better off opening an account with a discdount broker. To give yourself the most latitude and maneuverablity, this is the kind of account you shouild open: As a speculator, with margin, with the approval to trade options. You don't have to use the margin and you don't have to trade options, BUT you'll have the ability, "just in case". Investigate the different investments you have available to you. Make THE BEST investment you can: Invest THE TIME to educate yourself. Once you have that knowledge, no one can ever take it away. In the beginning “newbie” traders & investors DO NOT INVEST any money. It probably won’t be long when you’ll feel you’re ready to invest your hard-earned money. Before taking that step, you really should do research about what you are investing in. You should LEARN HOW: A] the stock market works. B] to invest in many, many various ways. C] to properly trade D] Properly manage the money in your trading account. "Newbie" investors & traders ALWAYS make mistakes. In fact, throughout a person's trading, he/she makes mistakes. In the beginning, you READ & LEARN about the market & how it works: Read "Investing for Dummies" As you read & do research about the investments you are interested in, sometimes you'll come across a financial or investment term you never heard before. http://investopedia.com is a free site. It’s recognized by Y! A as a "Featured Knowledge Partner". You can usually find excellent, easy-to-understand definitions of many financial & investment terms by going to Investopedia’s dictionary. It also has a free, paper trading platform. You can set up a virtual account & almost trade as though you were trading with real money. http://finance.yahoo.com is also recognized by Y! A as a "Featured Knowledge Partner" THIS IS NOT SPAM: I DO NOT know this man. I am not associated w/ him in any way. I know of him & the wonderful book he wrote. You should invest in a copy of “The Richest Man in Babylon” by George S. Classon. You can get the book on http://amazon.com Its easy to read & follow. You can write in it & make notes in it. Simply read five [5] pages of this book - or any book - each and every day. OR You can leave it on the shelf, on a table or on the floor & let it collect dust. Thanks for asking your Q! I enjoyed answering it! VTY, Ron Berue Yes, that is my real last name!