How can I get into investing in stocks....?

Question

What is a good website ........How did you get started....

Answer 1

i know i'm not suppose to say this..but i will...

this is not the best time to invest in a "American Stock Market"

however you can invest in foreign country stock market such as countries tht have the most oil and countries tht has the most growing production, and the one tht has a great amount of ...Uranium (POWER)...u know wht i mean..

Answer 2

Don't believe all the get rich quick answers. If there was a way to get a 2500% return out there, everyone would be rich. There a several books out there, but remember most of the really rich investors use a broker. Even Warren Buffett has an investment manager.

Answer 3

However, there are websites that serve as tutorials for novice investors as well as information for the more experienced. Such sites are Smart Money - http://www.smartmoney.com/

Winning Investing - http://www.winninginvesting.com/  

There are other sites that will be of help MSN MONEY -(http://moneycentral.msn.com/home.asp) and Yahoo Finance (http://finance.yahoo.com/), Investors Hub  (http://www.investors.com/?tn=top), that provide access to various investment products as well as access to several experienced advisors, all provide a wealth of information regarding the market and the various products trade in the markets. The research and commentaries by the various writers provide a wealth of free information that serves all types of investors whether they be novices, or experienced professionals.

Answer 4

There are many ways to start investing not only in stocks, but mutual funds, money market, and more.

I recommend that you register with http://www.wallstreetsurvivor.com that website is an investment game where you can learn about investing without risking your money.

Other good websites or brokerage for investing are:

http://www.etrade.com

http://www.tdameritrade.com

http://www.putnam.com

http://www.schwab.com

https://www.fidelity.com

I also recommend a good tutorial and advice website called Fool at http://www.fool.com and read investments magazines like Money which tells you what stock to buys.

Answer 5

/ Here is a perfectly understandable (and fun) website from one of America's top investment firms...

The FREE Investing Basics are covered here, and you remain completely annonymous.

As for some other advice here, be careful.  Investing in a stock that a magazine says is good, is a way to make the stock go up (after they bought it at a low price).  Once the readers start to buy it, the initial investor who told you to buy it, will sell it (because the readers made him money), and everyone else starts to as well until someone (you) is left with a stock that lost money. Learn as much as you can before thinking about investing in someone else's idea of a good investment.  You will learn about 'Morning Star' and other independent rating firms which have no financial interest in which stocks you buy or sell.  These rating companies only rate the stocks, mutual funds, etc. according to their test of time and how well they do.

I got started a long time ago by trial and error.  Warren Buffett buys low and sells high.  His philosophy is, "When investors get nervous, I get greedy.  When investors get greedy, I get nervous."  He loves Snickers bars, and they have been around for a long time, so he knows that's a good investment.  Same for companies such as Procter and Gamble, Wal-Mart, Prudential Life Insurance Company, etc.  

So, that's how I got started.  Now, I own more mutual funds (multiple stock funds of multiple companies under one fund name, and managed by a group) than stocks, but I also have stocks and bonds for diversification.

You'll get there.  You will start out by contacting the investment firm or organization that will handle your stocks for you.  They will give you the forms to fill out with your financial information on it (bank account information, and electronic transfer information).  Then, you'll authorize a minimal amount to be withdrawn from your checking or savings account to be applied to your core investment account.  This money will be in your investment portfolio until you decide which funds you want to purchase (stocks, bonds, mutual funds, ETF's, DRIP's, Puts, Calls, etc.).  You'll decide if you want to buy at Market Price (price trading at the next day), or if you want to buy it at a Limit Price (a price as determined by you.  If it falls to the price you want, then you are authorizing them to buy it at that price).  If you want to sell, then you can do so by reversing the process, and the money goes into your core account to be spent on other instruments (stocks, bonds, etc.), or you could withdraw all or a portion of it.  There is always a fee when trading (buying or selling).  So, you need to be aware of your profit margin by taking into account how much your trading fee will cost.

All of this is explained easily below....

Answer 6

Beginner traders often fantasize or wonder about how some people are able to achieve tremendous profits by trading stocks just a few hours on a daily or weekly basis.

So going beyond the hype & the bells and whistles that a lot of the called "trading gurus" like to invoke, the real "secrets" of the stock market game are enclosed within the trading set ups and market signals you rely on to decide how to CHOOSE stocks, as well as WHEN to BUY & when to SELL them, or even when to SHORT SELL those that are poised for a profitable fall. So the clearer your set ups are, the faster you can spot a potentially profitable trading scenario and ACT ON IT reducing your risk.

Complicated technical systems and information overload can make you slow and confuse you right from the start, making you loose money instead of making your profits grow.

In essence, You can be sure that the trading method you employ to approach the stock market and pick stocks can make a big difference in your results as a trader. In order to succeed you will need to FOCUS on a set of simple trading strategies that you can implement without hesitation.

Fortunately some sites on the web do offer more effective and updated day trading methodologies. One of those sites that can show you how to take advantage of certain stocks on positive and negative momentum as well is http://www.MomentumStockPick.com

They focus on momentum stock trading strategies, that are practical and easier to apply than many other technical systems out there.

Stock trading doesn't have to be complicated as many people perceive. But you do need to follow a well organized set of rules and tactics, that once you master them, you can aspire to replicate profitable trades with consistency.