Do yourself a favor and just get you an Roth Ira and use a balanced mutual fund as the underlying investment, and put money monthly, If you try to play the stock market, you will most likely trade all your money away. If you are just trying to play with a few thousand dollars, all your doing is making a tax time headache for yourself,, while at the same time,, trading your money away on hot tips.
if you insist on doing it,, keep it simple and buy a beatin down blue chip stock like exxon when the price is down 15% from a recent high, and hold it,, and enjoy all the dividends you get over the years...
read a book called how to make money in stocks by william j oneal,,
Yes, the stock market outperformed most investments over a horizon. But I suggest you invest for the LONG-TERM and stick to GET RICH SLOWLY. Why? Many reasons, chief is the risk factor and how volatile the market can be at times. A good source to GET RICH SLOWLY is the article below. Have a nice day!
Study Warren Buffett, the greatest investor of our time. Duplicate his system. Buy (high) quality and hold for decades.
Day trading, penny stocks, tips from your barber, options, are little more than gambling for most people.
Investing is a long term and slow process. Lottery tickets and gambling are quick but unreliable returns.
Yeah, if you understand the key behind success in stock market. Read books by Warren Buffet and others great stock market players.
Learn by running a virtual portfolio allowing for costs to get hands on experience without risking real money.
Yes, you should start investing 10% of your income every month, and you'll almost certainly be a multi-millionaire when you retire. The key is to buy and hold.
Stock market is essentially for investors who like to experiment with their money. Here, Fear of losing may sink your ship. Of course, you ought to be prudent and cautious while investing in stocks but it is very important to hold your nerve when the market goes down. To win in the long run you should sell only when it yields you proper money. People who are driven by panic are prone to buying high and selling low.
good way to learn is 'make believe' and try your hand at buying and selling
you can read all kinds of books but actually doing it is the best teacher
Is the market worth getting into? Is it a risk, and a scam? Where can i learn about the fundamentals of stocks and shares?
