Stock Markets Exposed - I am very interested in the stock market. How can I make my money work for me; with little or no money?

I am very interested in the stock market. How can I make my money work for me; with little or no money?

What stocks are good in 2007? I have no money to get a market advisor or investment broker? Is investing in a gas company good? What free web site can I go to that shows me what stocks are doing good and makeing the most money? What is the NASD? How do I read the Dow Jones forecast etc............

Public Comments

Getting into stocks is a bad idea.
No money, no way...But with little money, I would go with mutual funds, let that grow, then reinvest your earnings only in utilities.
The easiest way to get started is with Dividend ReInvestment Plans, or DRIPs as they're called. Go to www.dripcentral.com to learn how.
The most common and useful piece of advice I have ever heard is to buy low and sell high. Most people I know read the paper to watch the trends in the stock market. Also, never invest more than you can safely afford to loose as there are no guarentees. I do wish you luck.
Money market fund is your best bet...$2000 or $2500 will usually get you in and they have good rates of return (my brothers earned 16.5% last year).
Wow - there are a lot of questions there. I think a good place to invest in 2007 is going to be alternative energy because I think global warming is going to be a big issue. My favorite stocks in this area are GCTAF.pk, ENER, TWRT.ob. Here are a couple of links on these stocks: http://www.top10traders.com/ViewPost.aspx?postID=82 http://www.top10traders.com/ViewPost.aspx?postID=197 These are from http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500. Here are this month's best traders: http://www.top10traders.com/Top10Standings.aspx Good luck.
Depends on what kind you want. Thats fine, look for companies that offer the direct investment plan, where they sell stock directly to the public, forget about them brokers, they just want your money. Yes Exxon-mobil (XOM) for instance was the largest coroporation in the world last year, and there shareholder got a 30% return beacause of the high gas prices. www.marketwatch.com. NASDAQ? it's a stock exchange and indicator. Well at the most basic level if it goes up, it's good, goes down, bad.
Open an account with Sharebuilder.com You can start with little money. Investing in stocks is the best investment to make money in. Stocks offer the greater rate of return on average 10% while a savings account the best out there offer 5%. If you want to be safe invest in large cap stocks (Bank of America, Verizon, American Express, FedEx, Johnson & Johnson) avoid small cap stocks because they offer more risk and tend to be sepeulative, however they tend to offer a great rate of return. My favorite speculative stock for 2007 is Level 3 Communications (LVLT), it's trading around $6.00 a share, in about 12 months I see it around $12 a share. Also watch they money shows on MSNBC, etc.. Keep your stock portfilio with no more than six stocks, hope this helps.
you are new, dont gamble in single stocks, stick with mutual funds, let a pro do the investing for you instead of picking random stocks from peoples advice on the internet, net advice sucks, for example: what money market fund earned 16.5% last year? money market funds are lucky to earn about 1/3 of that, go to troweprice, fidelity, or vanguard and open a mutual fund, best way to invest long term barry_rob, just wondering, why ruin what could be a decent post by putting an ad for that website after every one of your posts, all it does is irritate people and makes it sure that i and many others will never go there
"How can I make my money work for me; with little or no money?" What a wonderful oxymoron. Logically speaking, the investment result would have to be zero or only very slightly above. This must be minimalism at work. We've admired it in art, in dance, in theatre. Why not in finance? Putting no money to work, and getting this to succeed wildly. A great way to start the new year. On a serious note, there are some good posts for you here. Look in investopedia.com, there's lots of information and tutorials plus a virtual trading tool where you could practice for free with your gas companies. You could keep an eye on finance.yahoo and reuters.com. In addition to business news they both have frequent background articles. Many investment beginners like the book Investing for Dummies. Would your local library have this? Lastly, that guy gets paid to post incessantly about the top 10 traders website, and he's become a pest, as another correspondent points out. In addition, this site will launch tracking cookies, adware and possibly spyware at your comp, according to my security system ! Not an appealing situation.
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