What guy or gal will you be when gas spikes and most can`t afford to get around?
I think I will be the guy with toilet paper. I will start stocking up now. I bet I can trade for some chicken with a farmer if I can get out to the farmer.
This may seem like high-humor to you right now, but the possibility of such immense economic collapse is much more real and current than most people realize. I am honestly stocking up on canned food and Raman noodles. .. … . Times are about to get very tough.
PS. . I hope I am wrong.
Business/Investing opportunity for high school student for college app?
I’m currently a Junior in high school, and I’m very interest in the stock market. I’ve read several books and have done many paper trading simulations. I’m currently trying to start an investment club at my school. I want something to stand out on my college application, like a research trip to wall street or an internship at a mutual fund. However, I live in Arizona, not exactly the center of trade. Are there any programs that I could attend to travel to a trade center? Internship opportunities (I’ll work for free)? Pricing? Thanks in advance!
I found this online…just a Google search so check it to see if it works for you.
I would recommend the following book:
This is a classic if you want to take a technical analysis approach. The other main methodology is fundamental analysis.
You may want to set up a trading club. Each person can become an expert on a stock or group of stocks and report what they see in the offerings to the larger group.
There are traders everywhere.
Look at your local meetup.com for investing meetings.
Place an ad in Craigslist.org for a mentor.
Look into taking some investment classes or seminars. Many are bunk so look for people you respect to give good reviews.
Scour the Internet. There is so much information out there if you just chase it down.
Best wishes and good trading.
Where To Invest???
Today I will be signing papers for my settlement and I have decided to go w/a structured settlement but am pulling $75,000 off the top and want to invest about 25,000 of it but I have NO knowledge of where to invest it,the difference between investing and trading,if I should just buy a house,cd’s,ira’s or put it all in a savings acct.????I’ve been an average “working Joe” all my life pretty much living from paycheck to paycheck-never thought I would have enough $ to invest with,(life is full of suprises)so I never took time to educate myself in the world of investing,stocks,trading.etc…I hope to hear from those with knowledge=perhaps those who have experienced a similar situation.FYI>I am going with a structured settlement because I am afraid to test my own discipline with so much money and I KNOW that this is my once in a lifetime opportunity to leave behind something for my 3 grown children and 3(so far) grandkids.Thanks to all who offer advice and/or direction.
Get a financial advisor, (financial Planner)
Start by asking your bank where you should go to get one (maybe the bank has this service)
What masters degree would help with becoming a stock trader for a company?
i have math and physics majors and am applying to grad school for Financial Engineering. Is this a good way to start if im looking to become a trader? I trade and play poker on my own. Poker makes money and I only paper trade now. I am fairly well networked with the financial community in LA and am hoping to get a position as a traders assistant even if i need to work unpaid for a time. I am willing to commit whatever time and energy is required to work as or with a trader(s)..Anyone have any comments on whether getting an MFE like i plan to is a good direction or not…
To become a stock trader you do not need an undergraduate degree let alone a masters. There are no academic classes that prepare any one for becoming a trader.
Most of the major wire houses often hire college graduates but it is not required. The biggest barrier you have is “getting in the door”
No firm hires “stock traders. They do hire people who want to become traders by having them start at the bottom, either as a clerk in the trading room or “running” tickets on the floor. Traders have to work their way up to trading, it’s something that is not taught from books but rather learning by doing, which includes being cursed at by the Pro’s, put down constantly and doing all the junk jobs that are related to trading.
Most success people in the securities business (other than sales) all have the same make up – they are above average intelligence, good at math and most
importantly not wrapped too tight.
Good luck on your journey, and just be prepared to work your _ _ _ off, put in long hours and take abuse.
But when you make, you have something to proud of which no one can ever take away from you.
I’m not sure how the stock market works…?
I’m doing a research paper for my Economics class and to be honest I have no idea what I’m doing, no matter how much research I put into it. I can do the easy stuff, like what is the market, what is a stock, etc., but I’m not sure how to answer a few other questions, and I really need help. For example, I need to identify the various exchanges where stocks can be traded and discuss their similarities and differences. The examples I was given was to research NYSE & NASDAQ. But it really did not help at all. I’m only 17 and I’m not really one that planned to be involved with Stock Market, because none of it comes easy to me. I really need help!
The stock market is split into two sections: primary and secondary. The primary market is were issues are given. These stock issues are the authorization and delivery of shares of stock for sale to the public or the shares thus offered at a particular time. The Market share is the percentage of an industry or market’s total sales that is earned by a particular company over a specified time period. Market share is calculated by taking the company& sales over the period and dividing it by the total sales of the industry over the same period. This metric is used to give a general idea of the size of a company to its market and its competitors. The secondary market is the actual trading.
Now, when you go to stock market, you can actually buy what are “parts” of a company. Its like owning a certain percentage of a company. So lets say Apple has 200 shares (humor me) and you own 100 shares. You basically own 50% of the company. If you have 102 shares, you own 51% of the company and therefore have majority power of it.
Now that we have some background, let me give you a list of the various exchanges where stock can be traded.
All of these are based in particular cities around the world. Each of these have a set of rules, guidelines, and certain ways they trade.
For example, The New York Stock Exchange (sometimes referred to as “the Big Board”) provides a means for buyers and sellers to trade shares of stock in companies registered for public trading. The NYSE is open for trading Monday through Friday from 9:30 am – 4:00 pm ET, with the exception of holidays declared by the Exchange in advance. ( Go to Wiki for more info)
When the NASDAQ stock exchange began trading on February 8, 1971, it was the world’s first electronic stock market. At first, it was merely a computer bulletin board system and did not actually connect buyers and sellers. The NASDAQ helped lower the spread (the difference between the bid price and the ask price of the stock) but somewhat paradoxically was unpopular among brokerages because they made much of their money on the spread.
I hope this helps! Good luck on your project:)
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