i want to make money buying selling stocks?
hi i want to use $100. today and invest in the stock market and i want to cash out at the end of today i havent ever done this befor how do i get paid and what should i do to start making monry
It’s not worth it for only $100. Keep in mind that the commissions alone would be at least $4-5 per trade so the transaction costs alone would $8-10 when all is said and done (costs to buy and then sell the stock).
how do go about buying stocks and bonds. I need to start making money work for me?
First, I would make sure you have at least 3 months salary saved up in the bank or in a money market fund for an emergency fund. (Some people say 6 months.) Financial disasters like getting layed off or sick happen to all of us.
Second, I would pay off all high interest debt. Pay off everything you can except the house mortgage and student loans. Paying off debt is one of the best investments you can make. You will have more money in the future because you won’t have credit card bills to pay.
Third, if you have money left, start investing in stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks, as individual stocks are too risky. For most folks this means buying mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money conservatively, in money market funds and bond funds, and part aggressively in stock funds. Vanguard.com has an on-line questionnaire which will give you an idea how aggressive you want to be.
Investing in a mutual fund IRA for retirement may give you an income tax break. Talk to your tax adviser. You may also be able to invest in a stock mutual fund via a 401K plan at work. Buying a house instead of renting will make you a lot of money in the long run.
Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.
I have 30K to use to buy stocks. I need to make lots of money quick,what stocks do I buy?
We, those answering Qs, don’t know why you need it so quick. Frankly it doesn’t matter.
You MUST LEARN HOW TO PROPERLY trade to make your money grow.
When you don’t know what to do or how to do it, you can very easily turn that $30K into $20K and less – much less.
You might get answers like GOOG or “mutual funds” or “hedge funds”. DON’T believe any of that garbage.
If I could, I would ask each of those folks, “How do you know that’s the right stock or mutual fund or hedge fund to buy?” The answers will almost be as varied as the number of people you ask.
You ARE THE ONLY person who will and can PROPERLY manage your own money.
When you trade, the very first thing you do is to learn about those things NOT to do, so you won’t do them too.
1] NEVER become a trader THEN a
pray-er. Don’t buy stock, then hope and pray it goes up [or down]. You MUST plan your trade THEN trade your plan.
2] Never listen to the advice or recommendations from others. Whenever you get a “tip”, its important for you to do the research. When the stock meets ALL your trading rules, then you invest in that stock. When it doesn’t, don’t buy the stock.
3] Here are some of my trading rules:
A] I WILL NOT trade
Bulletin Board [.BB – dot BB]
Pink Sheet [.PK – dot PK
B] On a consistent basis, the stock MUST trade a minimum of 400,000 OR MORE shares each day.
C] I have a certain range I will not go below:
$26.51 and less to $44.99 not more; THEN its $55.51 to $64.99.
I WILL NOT trade any stock between $45 to $55. Stocks just seem to “get stuck” in this range.
D] I WILL NOT trade when there is any REAL news about the company. This is a gray area which many traders learn about.
E] I WILL NOT trade any stock which is going to have an Earnings Announcement. This is easily found on
Another great site is
Both of the above sites are recognized as “Knowledge Contributors” on Yahoo! Answers. Both are free.
There are other rules I follow.
Here are some true trading sayings:
S1] There aren’t any gifts on Wall Street!
S2] Trees don’t grow to Heaven. Neither do stocks!
S3] Bulls [Buyers] earn money!
Bears [Sellers] earn money!
Pigs get fat!
Hogs [Greedy traders] get slaughtered!
S4] Plan the trade AND trade the plan!
S5] When a trader breaks his/her trading rules, he/she runs the risk of breaking his her trading account!
There are others
Thanks for asking your Q! I enjoyed taking the time to answer it!
Yes, that is my real last name!
If I have $40,000 and I use the money to buy stocks….?
is there any telling how much money I can make in a year? If I play the stock market smart can I make $20,000 by years end??
Possible, but it is very unlikely to expect a 50% return in one year.
6-8% is more realistic.
I am 14 and I want to know how to research a company before I buy there stocks.?
I know of teens are involved in the stock market online and they are doing well I guess. The reason why I say that becuase I found articles online saying that they were making money, and reusing that money to buy more stocks. I know the market is down but I want to learn all about stocks and investing. So how do I research stocks and the Companies track records??
“I know of teens are involved in the stock market online and they are doing well”
Um, I guess not my friend. I don’t know what they were or are buying, but i can tell you with 20 years expertise in this business and as a former hedge fund manager and still professional trader, if they are not shorting or buying puts, they are not making money in this market.
Now that we have the facts corrected, here are more issues.
1. In order to open a brokerage account, one must be of legal age – that is 18 in the USA. That throws out the rest of the question.
2. If a parent has the gull to allow a teenager with no experience have POA (that’s Power of Attorney), or at least “trading authority” on a brokerage account, they are nuts.
3. The brokerage firm MUST allow this even if the parent says it’s ok.
4. Huge trading restrictions will be on the account. Such as, “No margin.”
Ok, let’s say you get though all the hoops, to learn about stocks is a good idea at your age.
What I would do:
1. Start reading my post history. Add me to view them. I have detailed info and explanations as to many of the events (if not most events) you have heard on the news in the last 2 years. The difference is, I have covered the angle from a tax payer and professional trader view, not from a general journalist’s view, or from a political view.
2. Some info and learning links below.
Not trying to be too hard on ya, just that I came from a licensed securities compliance background.
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