Stock Markets Exposed

How can you make money in the stock market right now? Lots are saying there are deals to be had!?

I have no experieince in shares whatsover - any advice welcome!

Public Comments

1. There are plenty of opportunities to make money and lose money on the stockmarket. If you have no experience, guess which category you'd come into.
2. yes if you have some capital and can afford to wait for any real returns on it. buy stocks or shares at low prices and sit on them for a year or two. . Not a lot in dividends but there should be a lot of capital growth . ;
3. I have some bank shares that went down from £7 per share and they are now worth less than £2 per share. I have therefore, in the almost sure knowledge that this bank shares will go up over the coming year or so, purchased 500 new shares at the very low price. What you must remember is that dealing in shares is ALWAYS a risk and you should not invest money that you cannot afford to lose. You should also only invest money that you you can do without for the long term not just a few months. However with the shares I have purchased I expect to sell them at a good profit in a year as I am an optimist. Check out the ISA share savings scheme as this is a tax free system.
4. Yup, there are deals to be had - more bad than good. To find the few good deals, you need experience of the stock mkts particular certain industries and companies, and have a good heart and nerve to withstand the huge daily price flutuations.
5. If you have no experience whatsoever, you should not be buying shares of individual companies.
6. If you have no experience, then how do you know to invest in the stock market? If you want to invest in general, then you could read a good introduction such as the FT Guide to Investing. There are many good investments for small investors, from shares, unit trusts, funds, bonds and all the rest. There are bound to be good 'deals' right now, but you need to know why you think they're good. Finally, if you think shares are a good idea, and many do, but don't know which companies to buy, you could look into ETFs (e.g. iShares)
7. Making money in the stock market as low as it is right now is very easy. There is a mutual fund called the Dow Jones Wilshire 5000. It is every stock in the United States. https://www.etrade.wallst.com/v1/stocks/snapshot/snapshot.asp?symbol=WFIVX I suggest you stick with mutual funds. When you buy mutual funds, your order goes in right at the end of the trading day. Also with mutual funds, you specify the amount of money in dollars and cents rather than the number of shares. I suggest you look for no load, no transaction fee mutual funds unless this is going into a 401K. If you are just doing general investing, take a look at E*Trade. They also have a online savings account that pays 3.30% APY with no minimum balance, just $1 to open and get interest. They also have 2 checking accounts. One pays 2.9% APY, but it has a $5000 minimum balance, but $200 in direct deposit will waive that. The other checking account pays no intererest and has no minimum balance. The advantage of both of these is no ATM fees. I also like it because I can use Microsoft Money update my checking account. With Wells Fargo, they charge to use Microsoft Money. Microsoft Money replaces your check register. I manually type in what I charged on my debit card. When the transaction clears, I just update my account, and Money automatically downloads the cleared transactions and recognizes it needs to delete the transactions you manually entered in. Anyway, my advice is to buy the Dow Jones Wilshire 5000. https://www.etrade.wallst.com/v1/stocks/snapshot/snapshot.asp?symbol=WFIVX Once the market goes back to last year, then you have to decide if you want to keep gambling. Personally, I would invest as much as you can into this fund. Then after 2009 is over, put more money in some good bonds.