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Thread: stock market anyone?
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07-11-2007, 07:03 PM #1Registered User
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stock market anyone?
I am so confused. Can you dumb it down for me to the most basic terms and phrasing?
Here's what i am thinking...
I want to invest in a company and buy stock. I want it to be a reletively established company. I want to buy say 100 worth of stock. (is that even possible??) or are there minimum amounts you HAVE to buy??)
How do you do it? I don't understand from point A to point B~~ Missy ~~
Planting and raising an urban homestead in the middle of Downtown big city right at the foot of the Rocky Mountains!
Zone 5 Colorado Springs, CO USA
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07-11-2007, 08:24 PM #2Registered User
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Not sure about stocks but we do have a fidelity IRA's and they seem to be making money right now. I would start looking at the stock pages and try to figure it out. Maybe start tracking several companies and see if you can see any that are consistently doing well. http://www.ehow.com/how_14752_starte...ing-stock.html I saw this and maybe it will be helpful. Good luck. Let me know when you make your first million!
Nancy
Mom to
Hailee 20
Jaimee 20
Kristie 18
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Hubby Tom
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07-11-2007, 09:02 PM #3Registered User
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The Motley Fool has free education on investing basics.
http://www.fool.com/school.htm?ref=G02A06“When you get to the end of all the light you know
and it's time to step into the darkness of the unknown,
faith is knowing that one of two things will happen:
you will be given something solid to stand on,
or you will be taught how to fly.” - Edward Teller
“Our Earth is degenerate in these later days;
there are signs that the world is speedily
coming to an end;
bribery and corruption are common; children no
longer obey their parents;
every man wants to write a book and the
end of the world is evidently approaching.”
— From a translation of an inscription on
an Assyrian clay tablet, circa 2800 B.C.E.
God, grant me the serenity to accept the things I cannot change,
courage to change the things I can,
and the wisdom to know the difference.
aho mitakuye oyasin
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07-11-2007, 09:11 PM #4Registered User
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best idea is to check some books at your local library...
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07-12-2007, 11:16 AM #5Registered User
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07-12-2007, 01:23 PM #6Registered User
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MSN has some good info on each company. They even have a tool that helps you pick out your stock based on certain criteria. I recently read that investing in a company with dividends is good. I am planning on investing in one this month. I go thru sharebuilder for my Roth IRA. THey're simplest plan is $12, but if you don't plan on investing that month you can go back to the free plan. I've invested in some good comps and some bad ones. One of the good ones was Corning Inc, a local comp (bought at 10.69 and now at about 25)and I also invested in my husband's company because I know they have more work than they can handle ( that has also went up).. on sharebuilder there is no minimum... i just type in that I want $50 of this one and $75 of this one.. and they give me as many as they can.. I believe that they've even given me percents of a stock.. like 5.76 stocks.
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07-13-2007, 12:36 PM #7Registered User
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I also second the idea about going to the library. Investing For Dummies by Eric Tyson is a good book.
Understanding what you're investing in is critical.“When you get to the end of all the light you know
and it's time to step into the darkness of the unknown,
faith is knowing that one of two things will happen:
you will be given something solid to stand on,
or you will be taught how to fly.” - Edward Teller
“Our Earth is degenerate in these later days;
there are signs that the world is speedily
coming to an end;
bribery and corruption are common; children no
longer obey their parents;
every man wants to write a book and the
end of the world is evidently approaching.”
— From a translation of an inscription on
an Assyrian clay tablet, circa 2800 B.C.E.
God, grant me the serenity to accept the things I cannot change,
courage to change the things I can,
and the wisdom to know the difference.
aho mitakuye oyasin
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07-13-2007, 08:57 PM #8Registered User
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I would also suggest The Motley Fool and Sharebuilder. While you're on The Motley Fool site, make sure to check out their articles on DRIP's - we currently have one with ExxonMobile - the paperwork was pretty painless and it's very easy to track and manage online.
I have also heard nothing but good things about Sharebuilder, although I don't have an account there.Loving wife to DH (8/31/03) and Mommy to Owen Alexander (9/20/06)
Baby #2 due 5/30/2012
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