What to invest in and how?

Question

Hello i have heard that a good way to make money is to invest so has any 1 any idea who should i invest in? and how do i invest in somthing?

Answer 1

The first thing you need to do is to either pick up a book on investing or look up an online tutorial.  My favorite website is Investopedia ( http://www.investopedia.com/ ).  Not only do they teach you a lot of things, but they also have an online trading simulator so you can test your strategies without losing money in the real market.  Be sure to play around with both stocks and mutual funds.  Stocks can offer higher returns but mutual funds are less riskier.  See which one you like better.

When you are ready to invest, you will need to open a brokerage account.  I personally prefer discount brokers because they are cheaper than full service ones.  I currently use Firstrade ( http://www.firstrade.com/ ).  They are cheaper than big name brokers like Scottrade, Etrade, Ameritrade, and Schwab.  Their website is very easy to use and great for beginners.  I would definitely recommend you to check them out.

Answer 2

Investing needs both smarts and much luck. If you are interested, I can give you some advice on investment. Investing in real estates is always a good option for example but it must be made smart so you buy the property at the right time and at the right price. Stocks can be tricky so you only need buy those you have good information about.  

Answer 3

Stay away from the stock markets.  It is too unstable and unpredictable.  Your best investments would be in Registered Retirement Savings Plan or Bonds.

Answer 4

Well, it's quite a difficult question and you're definitely have some learning to do before you start (just advice, but don't think you should rush to invest your money). Try starting with a normal savings account and then do some learning. Then once you learn some stuff you'll have many options, like financial spread betting, contracts for difference (CFDs), share dealing and of course don't forget about share ISAs as well. I'd advise you to start with http://www.independentinvestor.co.uk as they have a quick tutorial and you can compare many spread betting, cfds and share dealing firms and choose an account.

Answer 5

Wouldn't we all like to know this lol use this site to get used to things its a stock simulator so you can practice first.

http://www.top10traders.com/Main.aspx

its always the right time to buy the right shares lol

Answer 6

try stocks and shares in large companies that pay a good dividend. Even if they go down you still get a dividend if they go up choose when to sell. Happy days

Answer 7

If my time machine would work properly, I'd be sunning myself on my private island.

As it's broken, I can tell you I've lost a lot of money investing - you can't tell the future.

Answer 8

Think of the broker as a bank account, you will be buying stocks or funds thru your acct, and when you sell, the profit goes back into it, and yes you simply request a check from it when you need the money.I recommend an online brokerage firm that has good beginner qualitys {like tutorials or an easy to understand set up}, i use zecco, better then schwab, etrade, etc. they are the only ones with free stock trades, no minumums..all the others will charge you fees for trading, but compare and see for yourself. Good luck and happy investing!

http://friends.zecco.com/r/a7a2877caab81...