Archive for Investing
How can I start investing in the stock market?
I have no experience in investing at all so explain it to me like a 6 year old. Who do I go through and I do I get shares?
Well I would strongly recommend learning about Wall Street first by reading a How to book. The reason is when you look at a stock you won’t understand what all the numbers mean. I read the Complete Idiots Guide to Investing. This was a great book as it taught you the basic terminology, strategies and gave helpful pointers. This is a great beginners book and after you complete it you will be able to make educated investments instead of blind investments. After that you can read more indepth books that get into more the strategies and deeper topics.
Inorder to invest you have a couple of options. The first is going through an online company such as Ameritrade, eTrade, and ScottTrade. These companies typically charge a flat fee for trades and have huge amounts of research tools at your disposal. However the draw back to these is the is minimal personal to help you with questions. You control all your own trades and so on.
The second is to go through a broker firm such as AG Edwards (now Wachovia Securities), Charles Schwab, or many others. Here you will be able to work with a finicial advisor/broker to help you make decisions on how and where to invest. The positive side to using one of them is that you get personalized service and are able to call with questions. The downside is that you pay more. Typically trades are much more expensive through them.
The third method is more for Mutual funds. Mutual funds are typically run by huge investment companies like John Hancock, or T Rowe Price. These companies hire someone to buy and sell stocks to make the mutal funds money. These companies typically have several different funds to choose from. When investing in these you can typically contact the company directly, or use a broker, or an online account to purchase mutual funds.
The Pain with Investing
Discover why most people attatch pain to Investing, and what prevents them from being successful…
Duration : 3 min 12 sec
How many people are investing in banks currently in anticipation for the economy uprise again?
If not banks, what are you investing in right now so when the economy gets back on its feet for good you’ll be loaded rich? What’s your industry?
I like heavy equipment like Bucyrus and Joy Global, as well as Nucor Steel and Ford Motor.
How do I start investing as a college student?
Is it possible for somebody with very little cash to start investing in college for their retirement or in general? If so, where do I go and who do I talk to about such things? Will it cost anything?
You can open up a ROTH IRA for your retirement with as little as 250.00 in some mutual fund companies. It’s great that you want to start investing now, because by the time that you do retire you will have amassed a much larger amount of money than if you had started to invest later. The mutual fund company that I would go with is Gabelli. www.gabelli.com . Open up a Roth IRA with them in 1 fund that you choose. Research the funds offered by Gabelli in morningstar or yahoo finance. You can put up to 4,000.00 into a Roth Ira each year. You need to remember that you have to have earned income to invest in a Roth IRa- so hopefully you are working while attending college, or working during the summer. Best of luck!
What are the different reasons to open a general investing and/or a retirement investing account?
On Vanguard it has a "General Investing" account and a "Retirement Investment" account. Obviously the latter is for IRAs, but what is the advantages and purpose of the general investing?
The main reasons are tax considerations.
In a retirement account, depending on how you set up the account, either the contributions can be tax deductible (traditional IRA) or the withdrawals are tax free (Roth IRA).
In a general investment account, depending on how long you hold on to the account, the earnings are either taxed as ordinary income (short-term) or taxed at the lower capital gains tax rate (long-term).
Investing Strategy
http://www.ruleoneuniversity.com Investment coach and NY Times best selling author Phil Town.
Duration : 57 sec
What are some tips for first time investing in the stock market?
Is not a good or bad time for investing stock? how much expect do I need to invest, i wanted minimum.
READ< READ, READ before you invest. Any time is a good time to invest if you are planning to keep the stock for a long time. You should invest only what you can afford and be able to lose. You can invest for as little as $25 a month if you want to join an investment club. This is the best thing for someone just getting into investing. You will learn a lot by investing with experienced investors.
You want to keep your costs as low as you can. Trading online will cost you roughly $10 a trade so the more that you can invest the lower the cost is per share. I would recommend investing maybe $300 each time. At this your expenses are 3.3% of the trade. Try to get it down to 2%. You can save up your money for months and then buy.
Don’t forget to diversify. Don’t buy just one stock in one industry. Buy in different industries.
The two websites below have some good resources. Sign up for some of their daily or weekly newsletters. Investopedia has one that is a different term of the day.
EDIT – Why get a financial advisor when you can do it yourself. All it takes is common sence. All of the information you need to know is online and in books.
Only get a financial planner if you are not good with your finances. They can help you get on track.
How can I start investing my money in the market without having thousands to start with?
With the markets being so low, I figure now would be a great time to start investing in stocks. I figure i’ll weather the storm for another 6-12 months, then the market should start to turn around. I have a little money left over every month and I want to make it work for me. I looked at E-Trade and Scot-trade, but it looks like I need thousands to start up. Any suggestions?
Exhange Traded Fund – ETF. These are counters that usually track a broad based types of stocks and commodities, including Indexes like the Dow Jones, or S&P.
The best thing about ETFs are that they are traded in the open market just like any other stocks in the respective exchanges. The management fees are very also low compared to unit trusts and mutual funds.
Some ETF are also available for purchase in small denomination like 100 shares (or odd lots). This allows one acquire a large basket of blue chips using a samll capital.
How should i go about investing in stocks ?
i was thinking of entering the stock market world and start investing, i have to admit that i am young and only in high school, but i have such an attraction to the stock market. i plan to use the money to save up and help pay my tuition for college. Ive been reading about stocks and researching but i need help in going into it.
How could i start ? What could i do as of now to help me invest properly, and what tips could you give me once ive started ?
thanks in advance.
You can do a general course in Economics to get the background of the industry and basic knowledge etc then an Investments course at college. You should also enlist a professional stock-broker to explain to you the current market trends etc and get them to explain and teach you about what they do. Also you could volunteer for work experience at a Brokerage Firm, you will learn all the jargon and many other things…
Stocks are rather complicated as there are so many influences, predictable AND unpredictable. Sometimes you do your homework and lose, other times you take a punt and purely get lucky… its not only skill but luck comes into the draw as well.
Make sure you have researched the financial reports for the companies you wish to buy shares in and reading the financial review daily is a must.
You can try your hand without it costing you anything by investing an imaginary $1000 into shares then assess how the shares are doing each day (plot values on a graph for each share so you can see if there is a trend and also know what influences caused the share price to go up or down). Set yourself a period of say a month then calculate how much you have made or lost on the original $1000.
There is also expensive share/trading software you can use for share price and trend predictions but the results are all based on computer algorithms (ie calculation of probabilities and you never really know which way a share will go unless you came back from the future!)
Another good idea is to invest in currency – when USD is strong, buy other currencies, when the other currencies are weak, convert em back to USD etc.. but you have to get the timing right.
Investing Internationally
International investing expands your investment universe, diversifies your portfolio, but also exposes you to some risks that you don't see here in the United States. This video discuss the good and the bad. Done properly, investing internationally will add benefits. Distributed by Tubemogul.
Duration : 2 min 54 sec