I have $ 100 to my name, and I feel lucky. I have been training and learning strategies of trading for the past 5 weeks on commercial virtual websites where people can trade and the only false thing about it is the money. I do not know how to start trading to invest and make a profit from this at only $ 100 I have. I have to go to a bank? Any particular website? Is there a fee? What does it cost? Minimum number of trades? Say something. When and how do I get out once they are satisfied with my earnings. Well, I have your answer right here. I'm sorry, but if you're asking these questions please do not yourselfa favor and invest in the stock market. The market is for people with money. Most online brokers (online and otherwise) require a minimum of $ 1000 to open a brokerage account (which must be open to buy and sell, even stock). And yes there are fees for making trades. Vai in
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I would not recomend any one or two stocks to invest due to risk if that particular company to have a problem not directly related to the market such as a lawsuit (e. i. Microsoft or Philip Morris) or a company going bankrupt (hmmm. . . anyone heard of Enron?)
When you invest in mutual funds, you have a professional money management team that picks which stocks and bonds to invest in depending on the objective strategy of the fund. If you only had $25/month to invest, you would be limited to buying one fund. Since you have more, your strategy would be to diversify among several kinds of funds (e. i. Growth, Value, Foriegn Stocks and Bonds).
Real estate, science, technology, health, foreign stocks,. . . you name it and there are mutual funds to help you in the direction you desire.
Are you ready to start? Would you like more information? Let me know. -Marcus marcuskthomson@yahoo. com
I wouldn't recommend doing any trading.
Most fees for buying and selling a stock at a discount brokerage are $7 (Scottrade for instance). That $7 is already 7% of your initial investment, and that's just too high.
I would recommend focusing on your career and continue to read about investing. Visit the website
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