How do I start investing in the stock market?
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Q&A: How do I start investing in the stock market?
I’ve been interested in investing a lil bit of money in the stock market, but I know it’s risky. Any advice on how to start investing?
Q&A:
Answer by Reva
Check it out here. It’s an excellent site with some wonderful options for you. It will definitely help you. Have a look.
http://investments-insurance.we.bs/sharesnstocks.html
Answer by Cambo
Save at least ,000.
Answer by Richard Z
am a professional and I will tell you what my clients pay me thousands in advisory fees for, get the book How to Make Money in Stocks by William O’Neil. It will teach you from the beginning how the stock market works and the best stocks to work with. The part that differentiates is the Market aspect of the CANSLIM formula. O’Neils system timed out the market in March of 2000 and September of 2008 and marked the turnaround on March 12 2009. Everybody is lost. It takes time to learn, so before you put real money in, paper trade using Yahoo Portfolios.
Answer by Jason
Skip the stock market and go to forex. You can read a lot about it at http://www.forexfocusdaily.com
Answer by Vish
Investing takes a lot of knowledge.
With this knowledge, you will be able to lower risk significantly. But you have to be willing to learn about it.
There are only two ways to analyze stocks to invest in them. 1. Fundamental Analysis and 2. Technical Analsis.
I suggest you take the time out to learn #1. I’ve learned both, and actually learned about #2 before I learned #1. I can tell you right now, #1 is head over heels better.
Technical Analysis bases your investment decision on charts, patterns, moving averages, and market behavior.. I don’t know about you, but that is not good enough reason for me to put my hard money down for. It’s also used by many many day traders who are basically using the stock market as a casino. I would not go this route.
Fundamental Analysis is what you should learn. It has helped me a lot in understanding the world of business and investing. It helps me assess risk based on concrete evidence from the financial statements of companies.. things like that.
Start learning about the “fundamentals.” It will be well worth it.
It is the investment style of the great ones such as Warren Buffet.
Answer by joe
Investing in the stock market takes work if you really want to make money.If you want to get started get a scottrade account, you can do so by going to any scottrade office.They charge only 7 per trade.Have fun trading
Answer by Max M
If you’re a rookie in investing or stocks, go to
www.finance.yahoo.com.
Open up a portfolio without using real money. You can give yourself as much or as little money to try out the market. The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody’s got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression.
That’s the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won’t lose money. It’s just that these stocks are the best. They pay good dividends too.
Then once you’re comfortable and test the waters of the market, you can finally put some real money in. Go to Scottrade.com. They’re excellent for beginners.
If you’re new to stocks, DON’T DAY TRADE. You’ll a rookie in a world of professionals. I tried day-trading with Citigroup and AIG when they were a little bit over . I had some luck at first, making about a day but I was way over my head. My luck didn’t last long and I had to rethink my strategy.
Day trading involves A LOT of commissions to the broker. With all the commissions deducted from each trade, you’ll be lucky if you only lose half your money.
I would just day trade using Yahoo! Finance. Open a stimulation account, give yourself 0 worth of fake money and play it in the stimulation format. You’ll see what I mean by losing money every easily.
Good luck.
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