First time investor... advice?

Question

I want to invest conservatively.. and could probably only make small minimums, like hundreds..

I would prefer something online that I can monitor.. any advice?

I also have very little understanding of investing, so easy does it!

Answer 1

Depends on what currency we are talking about. If it is USD, there are actually online stockmarket companies that allow you to trade stocks online.

You might also want to put that money onto an online business.

However, if you are not that knowledgeable in investments perhaps you should go to a bank first and talk to them about their various investment opportunities like time deposits, foreign currency deposits, treasury bills and SDAs.

Answer 2

If you have very little understanding, I would suggest taking classes or reading books on whatever type of investing you want to do.  If you don't have a lot of money to invest and you are wanting to do it conservatively, your best option may be a retirement savings plan that your employer offers if they offer one, this is typically a 401k.  If they do not offer one, you may want to look into an IRA.  Typically the IRA will have a minimum amount to open the account, but if that is the case, just save up a couple of months to open the account and then you can contribute whatever you can each additional month.

Both of these types of accounts allow you to allocate your money towards conservative, intermediate, or aggressive investments.

Answer 3

Make sure to understand how investment work and access what type of risk you are willing to take.

Individual investment selection should be done with the help of a professional or someone with experience.

You can open up an online brokerage account with:TDameritrade, Etrade, scottrade, .....

At your request, I can personally help you at least to get you through a good start...Good luck ([e-mail])

Good luck

Answer 4

here is a site for someone new to investing, with easy lessons, and you don't have to have a finance degree to understand it. good luck.

http://401kmaze.com

Answer 5

I´ve been investing for more than 20 years and trading for almost 14, and I can tell you that if you want to make BIG and FAST profits, I recommend you trading rather than investing, trading can help you to go from rags to rich.

If you are investing, you must have already achieved some degree of financial success, long term stock investing and FOREX can help you become much richer than you are today.

My experiences as a Nasdaq Market Maker, Head trader of several brokerage firms, and currently as a professional trader and private hedge fund manager, I can suggest you that:

We trade because we want quick, short term profits on a consistent basis. We want to cash flow the market. Milk it like a cow.

Make consistent, small, short term gains rather than trying to hit a home run on every trade. Don't ever forget that.

Don't marry a stock, marry the idea of making money trading stocks. That's the only way to do it.

For me "All stocks are equally worthless”

I don't hold on to any illusion that the stock market will continue to go up and provide a nice retirement for me.

I could care less which way the market goes. It's irrelevant to me if the market goes higher, crashes or moves sideways for the next 50 years. I really could care less. Stocks are just four letters with two prices next to them that I use to make a living trading.

Trade ONLY when you have a clear, easy and identifiable advantage, because without a CLEAR EDGE your odds of success are NO better than a flip of a coin… That´s why so many new traders (and investors) lose money.

Take a look at any daily chart of any index or stock and you'll probably see the most volatility and the biggest opportunity for profit during the first Hour of the stock market's opening.

The popular thinking and conventional wisdom is that you should wait about an hour before you start trading.

But if you do, you'll miss the big, fast moves that stocks make as all the amateurs let their emotions out through their online accounts, usually right after they read some news headline or hear Maria Bartiromo go off about a stock on CNBC.

It's easy to see why trading the open is the market's prime time for profiting from other online traders.

The market's open is very volatile - that is the perfect environment for LARGE, FAST profits.

Learn to trade as a professional Market Maker, not as an emotionally driven amateur trader or investor with few thousand dollars in an account at Etrade.

There isn't any other time during the day or any stock you can invest in, that can make you 1, 2, 3, 5, 7 or more points in minutes OTHER than during the first hour the stock market is open, that means: if you are buying or selling short a 1000 shares per transaction, you´ll make $1000,$2000,$3000,$5000 or $7000 Usd "IN MINUTES !!!" not in a day, not in a week, not in a month or in a year, in less than 60 minutes... That's why I love trading the open so much.

I trade only when I have an edge and that means "only the first hour the market is open".

If you are a beginning trader, you can give yourself an unfair advantage in the market trading this way.

I can carry on for hours on how to make money trading online, but if you ask me:

"What is your best advise?

I will say:

Give yourself a BIG favor and go to this "Top Secret" site and learn how to get by yourself the BEST stocks that will make the largest and fastest day trading profits you´ve ever seen.

www.onehourtrading.com

After you review this site you won´t need any system, strategy, book, software, guru or mentor to tell you what to do, you will be able to profit HUGE every day.

Besides, you´ll learn:

• The right amount of money to start trading…

• The best Online broker out there…

• Learn how to enter and exit a trade in seconds making Huge profits…

• Make more money than most day traders simply by trading one hour a day!!!

• How to reduce stress, limit risk and stay disciplined like a Pro.

• The 4 basic rules you should know, that every successful trader know, and amateurs don´t even imagine.

• How to trade against the amateurs and avoid like the plague doing it against the professionals , and why this will put you ONE STEP AHEAD of all traders.

• What causes more devastating trading loses than any other factor... and... How to avoid this pitfall! (Even savvy traders often fall victim to this! )

• Not to spend most of your day in front of a computer dealing with complex charts, software or technical analysis.

• Learn how to read the market´s open to make a huge profit just a few minutes after the opening bell.

All this and a lot more…

Good luck and good trading,

John Fontaine

Answer 6

Dear

This is my personal website

http://www.24forextrading.com/

where you can find a lot of answers in your questions.

And this is the company which I trust for my investments. No problem with them the last 4 years.

http://www.easy-forex.com/Gateway.aspx?g...

But if you want more info, just send me a pm.

I hope that it was helpful.

Answer 7

You need to ask your friends and relatives, people you trust if they know a good financial advisor to recommend to you. Like a doctor or a laywer a good financial advisor is the key to good financial health. If you can not find one, email me and I will give you the name and number of mine. Understand this is a relationship that you must be comfortable with and will last for years. This person will educate you and help you to plan a strategy for your future. Together you will find a way to get to your financial goals. Take your time and search around, it is worth the effort. The important things in life can not be done by yourself a professional is needed. Just like you wouldn't do surgery on yourself, or defend yourself in a muder case, why should you be better at investing your money than a professional who helps thousands of people over numerous years.

Good luck.