Stock Markets Exposed
stock market?
In one of my college classes, we briefely discussed the stock market. I'm interested in buying stocks but where do i buy them from and how do i pay for them? how do you start?
Public Comments
- You buy stocks through a broker, such as E*Trade (https://us.etrade.com/e/t/home ), Ameritrade (http://www.tdameritrade.com/welcome1.html ), Charles Schwab (https://www.schwab.com/ ), etc. You have to set up an account, which you fund with money via check or electronic funds transfer. You can start by checking out any of the links above. A good place to learn about the stock market is through Yahoo Finance (http://finance.yahoo.com/ ) and the many links there or at The Motley Fool (http://www.fool.com/ ). ADDENDUM For your first lesson in investing in stock: Do your own research and NEVER listen to unsolicited advice from the Internet, as given below. Let's say you do research AAGH, as suggested. What will you find about the company's business? This is about it, something you can get straight from the company website: "Asia Global Holdings Corporation (AAGH) owns and manages businesses participating in high growth economies". This tells you NOTHING about what they really do. If you investigate further, such as looking at the company’s filings with the SEC, you'll find no more than they are to produce a TV show for the Chinese audience. Of course, you'll also see the company has lost increasingly more amounts of money over the past few years and has a negative cash flow. The best description of their business is that they are a major source of email spam and junk mail. From Schwab: "Operates as a direct marketing, Internet commerce and media company based in Los Angeles, CA with operations in Hong Kong and China. The company's primary business is the renting of its opted-in e-mail and postal databases to other marketers." Opted-in. I'll bet. Second lesson: An inexpensive stock is not necessarily cheap. Beware penny stocks. They are penny stocks for a reason. http://www.fool.com/foolish8/2001/foolish8011119.htm?terms=penny+stock&vstest=search_042607_linkdefault Unless, of course, you don't mind having your investment disappear before your eyes. You are supposed to be investing, not gambling.
- you buy them from a stock broker, just open a account deposit your money and start buying, good luck.
- I set up a Scottrade account awhile ago and it's pretty simple to buy and trade and navigate yourself. I'm not super market savvy at all, but it's relatively simple to understand and view once you know what you're looking at. You can watch and monitor live action (instead of being delayed), you can buy and trade on your own (just educate yourself about different types of orders, I have made a bad mistake or two!). As far as your first investment, I recommend AAGH. My boyfriend and I invested in it a few months ago after he recommended it to me, and have watched it jump from .06 to .28 in 2 weeks due to the company's China involvement, and it's a penny stock so relatively inexpensive NOW to buy chunks of shares. Should be at 1$ by the end of the year. Search the web for AAGH news to get informed. As far as setting up your first account to trade on your own and be involved, I recommend Scottrade. I briefly had an E Trade account and they were bulls**t, they take to long to post money to your account.
- yousedummy didn't mention 'thinkorswim' as an on-line broker. I think she's bias. Thinkorswim http://www.thinkorswim.com offers the lowest commission fees of all on-line brokers. They have the shortest quote delay than any others. They also allow you to trade options, something the others won't let you do unless you're approved by them. Thinkorswim is also affiliated with Investools. Investools http://www.investools.com offers free seminars through out the US to introduce the private investor to their web based investment training program. It's a smart step to someone interested in trading in the stock market.
- Get rich quick schemes in the capitalist business world, (buyouts, IPOs, conglomerates, acquisitions, mergers, and the stock market), do not actually work. Remaining solvent does not actually exist within false economics capitalism. Profit existing in the capitalist business world, or millionaires existing within capitalism, is pathological deception committed by the 21 organizations spying on the population with plain clothes agents, (with covert fake names and fake backgrounds). Actual economics is the persons paying the monthly business loan payments of companies voting at work in order to control the property they are paying for. Capitalism is the psychology of imaginary parents, false economics, and the criminal deception of employees that are paying the bills (including the stocks and bonds, or shares) of companies. Anti-democracy republicanism is the psychology of imaginary parents and false government.
