Stock Markets Exposed - I want to do more with my money...what about the stock market?

I want to do more with my money...what about the stock market?

i really want to learn more about making my money grow and I would like to invest in the stock market. Can anyone give me some pointers on how to get started, are on-line programs a good way to start, how much money will I need?? As you can see I am a virgin to the process...the help is appreciated.

Public Comments

Open a TD Ameritrade account. If you start with $2,000 you will get 1000 free trades that last for 45 days. This way you have a period of time that you can learn what is going on without paying commissions. After the 45 days is over you pay $9.95 per trade and you don't have to worry about making a certain number of trades like with other sites, and you don't have to pay maintenance fees.
Open a brokerage account at Zecco with at least $2,000.00 USD and then I will help you for FREE. I am a Porfolio Manager.
These people are telling you to jump right in without looking I STUDIED THE MARKET FOR 2 YEARS BEFORE BUYING AN INDIVIDUAL STOCKS 1 Learn about the market (books at library and websights) 2 learn about mutual funds and start with them 3 learn about ETF's and slowly move into them 4 go to stocks last start here www.kiplingers.com www.fool.com www.seekingalpha.com (technical analysis) www.whispernumbers.com (professional and non-pro opinions group think) www.yahoo.com (finance section for tracking (delayed) www.msnbc.com (current "in-the-news") www.morningstar.com (mostly for funds...stocks too) www.dismalscientist.com (more MACRO-economic...for those who want to know "why, how..." things happen) www.888options.com (Great Options site, free options DVD and classes!) www.optionsmonster.com (Options site) www.CBOE.com (THE Options exchange, "Learning Center"/"Options Institute"=free classes!) www.lightbulbpress.com (easy to understand, quick read, booklets etc.) www.street.com (Cramer's name to fame! "trader, not investor" related advice mostly!) www.horsesmouth.com (a stock/stock market barometer!) www.bankrate.com (good resource on rates, and much more!) www.barrons.com www.wsj.com www.msn.com www.cnbc.com www.money.com (cnn) www.smartmoney.com www.bloomberg.com
Unless you like losing your money, you should learn some basics of investing before you start. There is no easy way around this hurdle. However, to those that spend the time to learn, they will be rewarded. Here are the 4 basic sources of info that I offer to any beginner: - Mutual Funds for Dummies, by Eric Tyson - The Boglehead's Guide to Investing - My free downloadable book at http://www.invest-for-retirement.com - The free tutorials at http://www.investopedia.com
1. focus on the long-term.. who knows maybe you're an excellent daytrader, but in terms of transaction costs (as you're a private investor and not an institution) as well as information, it would be wiser to set up a portfolio aiming for growth over the medium-to-long term 2. maybe start off with buying an index tracking fund.. the ability to outperform the index over the long term is highly questionable.. and this will give you a 'feel' for the market 3. remember 'trading' is a full-time job, and for each trade there are commission charges and maybe stamp duty.. thus when you buy.. think about the long-term 4. be disciplined..if the stock goes up 75% in 2 weeks.. take your profit 5. make sure you know what the company does before you buy the share 6. remember that its easier to sell your shares when the price is rising.. when prices are falling, everyone wants to sell, and thats the worst time to 'need' to take your profit 7. have some kind of diversification.. think about companies that make money during recessions, think about companies that are exciting new ideas just starting out, think about companies that will be around forever, think about companies that pay dividends regurlarly 8. have a look at some kind of fundamental valuation..ie wrt book value, p/e or EV/ebitda multiples.. at least have some comfort that what you are buying is 'cheap' 9. try to spend as little time watching the stock prices as possible.. 10. take advantage of all tax breaks, such as pension fund benefits etc etc 11. read 'the beginners guide to wall street' 12. don't invest money that you will need urgently.. there is nothing worse than selling your shares in Apple (just before they want up 54%) because you needed the cash to buy a laptop 13. good luck and enjoy the process
The best place for a beginner to start is to visit the vanguard.com website and learn about index funds and mutual funds first. This will give you a taste of the stock markets in a more safe manner than trying to trade "individual" stocks. Then just start reading and learning. Trading "individual" stocks is not an easy game to master and for a beginner it takes awhile to understand. When you do trade "individual" stocks start small until you understand how stock prices move otherwise you could lose a lot of money very quickly. TIP - Learn what stop-orders and trailing-stops are and how to use them.
to involve in stock market is as easy as placing order to your broker or doing it yourself online. but the hard part is, which stock to choose, when the best time to buy, and how to get the most out of it. motley fool, investopedia, yahoo finance, vanguard, about.com can offer you all the info, enough to get you started. in the meantime, you can also read this site, Step-by-Step Stock Investing for Beginner http://www.stock-investment-made-easy.com/ It covers stock investing tips such as how to pick a good stock, calculate its intrinsic value and invest within its margin of safety.
people on here are going to hye the do-it-yourself discount brokers.... sounds like you need someone to hold your hand... and guide you... find a broker you trust that has been in the business for a while and tell him you'd like to dollar cost average into the market... and let him pick a few funds....DONT CHASE RETURNS OR BUY A FUND BASED ON GREAT PERFORMANCE OF THE PAST FEW YEARS... get a diversified portfolio that will outperform when the market is down and still do ok when the market is good..... expect to pay a sales charge and leave happy knowing that at least some logic and thought and care went into the selections... then 2 months from now when the market is down and you feel depressed call him (or her) and make them work for that comission you paid on the first few buys ,,, have them hold your hand, stroke yor hair and whisper sweet nothings in your ear until you feel better..... that is why they are there... if they dont talk to you or make you feel better find another one... since you don't know what you are doing pay someone to do it... it will save you money in the long run..... learn all you can and when you are comfortable then consider going the discount route.
If you want to learn about investing, you should create a "practice" portfolio at http://www.top10traders.com - it's free - each month, the site ranks the best performing investors.
Hi, here is a collection of informative articles about investing. a free online investing tutorial for you. http://www.investingtutorial.info/ good luck ! wish you make fortune from investing !
Congratulations! You're on your way to financial freedom. Now, first thing first. You need to understand that stock market are just one of many possible ways to make money with money i.e. passive income. Make sure you're comfortable with the dynamics of the stock market. After you decide that stock market is the right vehicle for you, decide whether you're an investor or a trader/speculator or somewhere in between. This is important because the way you view yourself will determine your strategy and objectives. If you're an investor, I suggest you read Intelligent Investor by Ben Graham. If you're a trader, then How to Make Money in Stocks by Bill O'neil will be indispensible. Good luck with your journey.