Is there a website/company that will teach you how to start investing with stocks?
Tuesday, June 2nd, 2009 at
6:51 am
Manny asked:
I am 19 years old and want to start investing with stocks, is there a company or website that will help me without having to worry about getting screwed over by a stockbroker?
I am 19 years old and want to start investing with stocks, is there a company or website that will help me without having to worry about getting screwed over by a stockbroker?
Tagged with: Investing Company • Stocks • Website Company
Filed under: Investing
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- Yes. so many.
- They will teach you and take you from the scratch.
- Try with GOOGLE search
- Happpy investing….!
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Try the website of:
But you need take special cares for how to earn money from stock markets.It is a professional task.
I’m such an old **** I’ll recommend you go to the library and get a (gasp) book that looks kind of dry and objective to get the basics of how the stock market works. Most Web sites have at least one agenda. Most of them want to sell something, and most have an agenda to persuade you to their point of view. Motley Fool preaches value investing and ridicules speculative plays, for example. A point of view is fine, but it can be confusing reading contradictory claims in different places when you’re starting out. A lot of books have agendas, too, but the ones that don’t make promises on the cover will probably have objective info to get you started. With that groundwork you’ll be better prepared to evaluate competing claims and decide which approach(es) you’re comfortable with.
Good luck,
Houyhnhnm
Try fools.com, sharebuilder.com.
YOu will have to pay someone something to be able to buy stocks, shop around to find out what and who will work best for your situation and their prices.
I suggest and then click on Investing Basics
I always found Vanguard.com and Morningstar.com to be good sites. There is also The Motley fool and Indexfunds.com
Years ago I read an article by Andrew Tobias where he suggested index funds for their low fees and good performace. You could have a look for articles and books by him.
Realize that investing has it’s risks. You need to familiarize yourself with what you are doing. A lot of people don’t think about what buying stocks means. You are giving money to a company and asking them to use it wisely to make more money. Some companies do that well, others do not. The idea of an index fund averages all the companies in the index, so you have a better chance of getting a good return.
Of course this means that some hot new company making tons of money will be averaged into the ones that lose money. In general, though, prices go up.
Do the math, if a fund charges high fees, it’s less of a good deal. For example, if one guy charged you $1 plus the cost of the cupcakes, and another charged you $5 plus the cost of the cupcakes, wouldn’t you want to buy the cupcakes from the lower source? I would.
Examine asset allocation too. There are lots of different kinds of investing: Stocks, bonds, real estate, owning your own business, savings and CDs. You could also invest in yourself by going to college or a trade school.
Tons of info, but it’s fun to find this stuff out.