Jules Ashbach: Your first option should be to fund fully a retirement account. If you do this, and you have extra cash, then one of the best things you can do is open a DRIP Plan.Go to : low-cost-stock-recommendations.comClick on the "DRIP's" Button on the Navigation BarThese powerful investment plans are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street. They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down. They are a must for any serious investor.If you decide you are interested in DRIP Plans, click on the advertisement on the same page "$4 to purchase stocks". This will answer your next question, which is, How do I get started? and what is the least expensive way to get started?I strongly recommend looking into it. They are great plans.Good Luck..! .Show more
Sang Hanafin: Yes this one is the best one in the market. I am still using it.http://www.my-linker.com/hop/doublingstockcom
Eulah Hugill: Ah.... the easy way out.... a computer program that will pick your stocks......... if they really worked wouldn't everyone know about them.Stock investing can be rewarding and fun. It also requires effort. Start by reading a few books this year. Pick subjects that interest you;Retirement Investing.Position Investing.Swing Trading.Day trading."Black Box" computer programs don't work. There are tools out there. It really depends on what you want. High Risk position trading.... I use VectorVest. But, I never pick a stock without looking at a chart and basing my buying decision on technical analysis.So in effect you need to learn a whole lot to avoid all the mistakes your friends and relatives make every day.Consider learning investing... instead of trying it out....Show more
Nannie Kasee: With your parent's he! lp, you can open an account with an advisor. Your age really i! s a small bump in the road. For someone with no experience and limited funds, it is better to avoid individual stocks and go with a mutual fund strategy that matches your personal goals, i.e. aggressive growth or moderate growth or perhaps more conservative. Look for a long-term strategy that can help you meet investment goals without being subjected to the emotional pitfalls that the vast majority of individual stock investors succumb to (at ANY age). If you study this properly and have a decent advisor, they will help you achieve your investment goals, learn as you are going, but profitably. It may lack the "excitement" of choosing your own indvidual investment vehicles, but for a small fee of just over 1%, you can profit off of the investment expertise and their attention to the market they watch 24/7. This is the fastest way to achieve suitable returns in the market consistently and build a portfolio balance. Once you have several thousand (dollars?) or whatever monetar! y unit you use, then you can take a portion of it and divert it into individual investments as "play money" and see if you can pull a profit from it on your own, while still accumulating with your other investments, just in case. Good luck....Show more
Delora Struzzi: Please take my advice and don't get bogged down with software. Investing is to simple for that. Here is a system that works when used a few minutes a day.Only buy stocks that are in strong up trends. Determine that by taking any stock symbol to www.bigcharts.com. Enter the symbol and you can quickly tell if the price trend is up, down or sideways. Only buy stocks in strong up trends. When they break below a 50 day simple moving average SELL. Find another stock in a strong up trend to buy.Here's wishing you as much success as I've had....Show more
Brenton Cornwall: You don't need a computer program for being in the stock market. You need some skill(keeping up with trends, reading business, un! derstanding market conditioins), luck(buying or selling at the right mo! ment), and money to lose if all goes awry.
No comments:
Post a Comment