Basics of Investing

Archive for April, 2009

Question: I want to Start Investing in stocks but don’t know where to start.?

I wanted to Start Investing in stocks while they are low but I don’t have much money to start. I don’t know where I should start. Should I try some place like eTrade? I have $100 in starter money.

Answer: I’d suggest you park your money in a money market account while you build your resources.
You’ll need more than that to launch a brokerage account and that’s the only way to become involved in stock trading. This is the perfect time to earn and save. Meanwhile:

You can visit some ppopular websites catering to an investment oriented audience…

1. investorvillage.com
2. investorshub.com
3. marketwatch.com

All offer different approaches and highlight different stocks. You’ll learn a lot by seeing what people have to say. And you’ll learn the lingo, too.

Do be careful, though—there will be many pumpers and dumpers at certain sites. These are people who promote their particular stock choices shamelessly. Some of them probably work as pushers.

Len

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