I would to buy some stock I read and did some research on it but I'm still a little skeptical because, I don't want to lose more money. My cousin started some accounts on sharebuilders.com but I will like to have an person to deal with which one is better and how much such I start of with
202228
Some maybe many of the brokers that you talk with are in the business of selling stock. They have things they want to peddle. So it can be a disadvantage to your well being to follow their advice. Many of the on line brokers do have representatives that you can talk with. The two that I deal with do. TD Waterhouse and Fidelity. They will charge you a higher commission to talk to a broker (order taker in this case).  I am sure there are good, knowledgable brokers out there but your chances of finding one are not real good. The good brokers have a customer base that trades millions of dollars at a time. They are not particularly interested in nickle dime trade. \n\nPerhaps to start you might think about a no load mutul fund. Go to Yahoo Finance and use their tools to find funds that have a high Morningstar rating, at least a 4 star and expenses of not more than 1.5% That strategy will minimize your risks, but not eliminate them. Back in 2000-2, most funds lost money, some a lot of money. But they did not loose as much as those folks that invested in Enron or Delta or United. \n\nThe trick to minimizing risk is to diversify, not only among companies buy also across political boundaries. However, the more diversified one is the closer to the market norm will be ones returns. For that reason index funds have become the current rage. The theory being that it is too difficult to beat the market. 70% of mutual funds do not beat the market. \n\nThough I do have mutual funds, I prefer to take my chances on being able to pick the best companies to invest in myself. Sometimes I make good picks. Other times they are disasters. But I have only myself to blame. I like it like that. \n\nSorry about the misspelled words. Spell checker does not seem to be working at the moment.
358729
Whoah!  Hold the bus!  The advice that includes gregarious reactionaries and traders like Cramer or commodities needs to be held off with the proverbial "ten-foot pole."\n\nGo to CNN Money, Motley Fool, MSN Money, Netscape Investing etc. which will give you a clear, comparatively safe starter advice.  Ask your broker (I recommend Scottrade, sharebuilder, or schwab) about some Exchange Traded Funds (ETFs) like Diamonds or Spydrs or the like--these let you buy a cheap sampling of the Dow Jones Industrials or the Standard & Poors 500, comparatively safe but still very good, profitable companies.  They are about as sexy as steak and potatoes, but they are as substantial as steak and potatoes.  \n\nAs for individual companies, first--does it make a profit?  As for any other features, news, or events, first, does it make a profit?  Second, does it have a triple-digit price to earnings ratio?  Then there are too many people thinking it will be big and it won't likely be big enough to please them all.  If you divide the profit by number of shares (most stock sites will give this information for free, usually doing the arithmetic for you), and the result is higher than 30-something, stay away.  If the number is a negative number, go back to the other rule, first, does it make a profit.
142859
You probably shouldn't take advise on stocks and mutual funds from people on yahoo.answers. If you want help on what stocks to look at just look at the financial reports from companies you are interested in. And if you are young, which I have a feeling you are, you are better off in higher risk stocks since you don't have a lot of cash. The chance to get money is larger, and so is the chance to lose it. Check out Sharebuilder.com.
611007
I use http://www.sharebuilder.com\nThey are easy to use, offer investment facts and education, and are cheap.  I can check my stocks on line at any time for free.\nOne-time trades are only $4 each trade.  (No matter how many shares in the same company)\nUsually the fee is "per trade", not "per transaction".  Many sites do not have maintenance fees.  You would pay taxes only IF you made money off of the investments.  Unless you were HUGELY successful, this would not be much.  You DO have to report the money sitting there.\nThe other fees involve what you do with the money.  If you just keep re-investing the money you make in the same trade, no fees.  If you withdraw $$, there is a fee.
196897
I've been studing the market game for about a year now, i didn't knew anything a year ago, I havent invested anything yet, i've just been practicing in stock simulators like stocktrak.com for about 2 months now, im happy i've made almost a 7% in my simulations (im happy with that since i am a rookie), I think I need to do a lot more reading, studing and practicing before I invest a single dollar for real. I think now I understand the markets much better.\n\nSince I am in a similar position as you are, just 1 year ahead studing :) , I would strongly recommend you to start by studing Profr. Peter Navarro's material. First I studied his audio course "Big picture investing", and read his books "when is raining in Brazil buy Starbucks", "when the markets move will you be ready?" and now i'm reading his most recent book "the well timed strategy", for me it was great to start with the audio course, since he explains the basics to understand the market, and it comes with a very didactic printed course guide. Profr. Navarro has been a great teacher for me, I don't think there are other books as good as this for a beginer, and belive me, i've done my research and been reading a lot!! after the audio course i was able to understand and take more "juice" from his books and other books that I have read, I recommend you to do the same thing.\n\nRegarding the Can Slim system teached by IBD's Bill O'Neal, I think he is a real master, his investing approach is great and relatively easy to follow if you use the investing tools on investors bussiness daily and do your research homework every day, actually, I just took the Can Slim Level I Seminar some weeks ago, and I am already subscribed for the level II seminar to be held at the end of this month, BUT, if i hadn't studied Profr. Navarro's material before, I am shure I would understanded much less from the can slim seminar, so I recomend you to start with Profr. Peter Navarro's material, its great material and has been a lot of help for me.\n\nYou can find Profr. Navarro's audio courses and books at barnes and noble, either in the book store or online, is not an expensive material, i would have pay 10 times its price, its worth much more.\n\nAnd, once you start to study, the learning curve never ends!! start with Prof. Navarro, before you buy any material much more expensive and not worth its price, belive me i've done it :(..im shure you will thank me.\n\nGood luck!!!
330922
SGID.....ROTFLMAO!!!!\n\nStay away from penny stocks!  They're penny stocks for a reason!  At the very least, buy stock in a company that actually MAKES MONEY!
535026
I just wanted to share my experience using the FreedomRocks \nFOREX Trading System. I’ve been using the system for several months now and have averaged around 20-30% ROI on a monthly basis.\n\nI LOVE earning interest daily, especially when I can earn interest on 400 Times my money! Its great watching my balance grow each and every day\n\nBenefits of the FREEDOMROCKS SYSTEM:\n• Requires no prior trading experience \n• Requires no research \n• No charts or graphs to read \n• Analyzes your positions and provides you BUY & SELL points\n• Not having to really understand and just let the software do 95% of the work for you\n• Practice with live trades in the market, without risking a penny \n• No cost to utilize a trading platform for execution of trades.\n• Includes step-by-step instructions and screenshots showing exactly what your trades will look like \n• Takes just a few minutes per week to manage a portfolio of any size \n• Provides structure to your trading approach, helping you set up a balanced portfolio & suggesting BUY & SELL points for your positions. \n• The Simplicity of a "set it and forget it" type of approach to trading without having to watch multiple charts on my monitor on an ongoing basis\n• Alerts you by text message or email when your trades execute, so there is no need to monitor your progress throughout the day and there is no risk of you missing a trading opportunity. \n• Allows you to balance your portfolio to earn varying rates of interest on your account. \n• BEST OF ALL YOU CAN SIGN UP FOR A FREE DEMO ACCOUNT TO TEST THE SYSTEM OUT FOR YOURSELF!!\n\nCheck out www.simple4xinvesting.com\n\nTo Get Your Free Demo Account, CLICK ON: Get Started (Customer-Free Trial)\n\nTo Your Success!\n\n-Chris Thomas\nPh: (541)554-8140\nwww.simple4xinvesting.com
387286
I would suggest practicing your investing skills at http://www.top10traders.com  This is a totally FREE site. You can create your own portfolio of stocks with $100,000 in 'play' money, and then watch how your stocks compare against other traders. \n\n The site lists out which investors are doing the best and what stocks they have bought. Just click on the portfolio of the best investors and you can see the stocks they like.  \n\nGood luck !
596168
Scottrade.com $7 per trade dude..   Optionsexpress is good as well when you get a set of balls... ... You do know it is highly likely u will lose money right...  Some of us do this for a living and still get smoked - so dont give up right away .
560619
I'd say open a brokerage account at a discount broker and try to make careful decisions.
659755
If you know nothing about the stock market and have a lot of money to invest the $4200.00 price tag for wizetrade or any of the other such tools out there may be worth it.  But then again if you don't know anything about the market you should stick to mutual funds.
592718
First of all, $3 is a complete and utter waste of your money and any brokerage firm's time (there is a cost to the firm to process your transaction.\n\nIt doesn't work as an investment because, you can't buy anything but a single share of a penny stock that way, and penny stocks are well..virtually worthless and usually trade infrequently and with a wide margin between the buy and sell price (if you don't know what that means, you are not ready to buy stocks).\n\nIn other words, you won't make a dime.  I do know of a firm that will let small investors buy fractional shares of stocks, but not at the level you are talking about so I'll spare THEM the hassle.\n\nSmall investors should start with mutual funds.  Mutual funds come with instant diversification (which is important for both risk sake AND potential returns sake) and professional management.  There are a few fund companies that will let you start as small as a few hundred dollars and with regular monthly investments of $25-50.\n\nBut if you are just trying to learn the market and don't have money to invest, do two things:\n\n1. Buy a beginner's book on investing - Investing for dummies is a good one, or..more specifically Stock Market for Dummies.\n\n2. Go to Yahoo.com or one of the other websites that has virtual trading games and join one.   That's where you play with "virtual" money (ie..no real cash).  It lets you get the feel for how to invest, before you risk any real cash.\n\nREAL traders, both professional and good amateurs, always start out paper trading (virtual trading) to learn how to read the charts and understand technical analysis BEFORE they ever touch real cash.
505652
The first answer the guy has it right. 4xmadeeasy. forexreckoning. etc etc. all of those cost a lot of money and for what. If you could find a company that could return you 12% a month each month for 100.00 a month would it be worth it? I thought I would try this company after looking at all the rest and realizing that this was less expensive and if after 90 days I didn't like it I would be out 300.00. Guess what after 30 days I am up 800 dollars real money on 3000 invested at a very conservative level. I am figuring that 100 is worth it so far. My money is hedged in the trade so if one goes up the other goes down. My 3000 gave me 100.00 plus in interest and over 750.00 in trades. As it stand right now I will make 140.00 in interest in November alone not including my trades. I think I like this program and I more than got 12% on my money. You can find it at www.freedominforex.com. The company is called FreedomRocks. By the way I didn't have to stay up and watch for trades. I would follow the program and then wait for my broker to send me an email and then adjust my account according to the program.
155826
He told you that most people don't have the time or brains?  OMG, that would make me wonder right there.  Load funds give your broker a commission up front plus the 12bII's.  No load come in many different forms, check the fine print for the fees.  If you are new and want to learn more about stocks, then may I suggest looking into ETFs?  They are like mutual funds except the fees are lower and they are more transparent and trade all day long, and after hours.  You can find out a lot about stocks, investing on the Internet.  I like to use msn's money site, it taught me a lot.  Good luck and always ask for a prospective before you buy a mutual fund from anyone.\n\nOh, and since this is a Yahoo site, I thought that I would mention that Yahoo has a finance site.  I bounce back and forth between the two because they both have features that the other one doesn't.  Like I can keep track of my investments on Yahoo messenger with Yahoo.
642521
u flat out cant buy shares from them because of the size of the company. they will let u see them..,but as u know it says "so and so is not available on sharebuilder". ur 100% right though..,penny stocks can have very high returns more than companies such as Microsoft or apple. u need to find the right ones. i have a few..,if your interested let me know i can share them with u. but remember, sharebuilder wont buy them for you.\n dereksamm@yahoo.com
15718
Scottrade is the way to go. Their commissions are flat rate and cheaper than everyone else's. I've researched this extensively. They charge 7 bucks for live trades and give you free streaming quotes. Most other places have delayed quotes and charge upwards of 10 dollars for live trades. Sharebuilder claims 4 dollar trades but those you have to schedule a week in advance!!! Their live trades are 14.95!!! Scottrade only requires $500 initial deposit and as you put more money in, they give you A TON of benefits. They have been rated as the best online trading company like 6 years in a row!!!!\n\nHope this helps
99413
I know that you'd prefer not to go with a broker, as you intend to let ti sit for a few years, but it really is your best bet to go with a discount broker.  Scottrade will let you purchase unlimited shares of the stock for $7 and charges no monthly fees, even if you never make another trade again.  With no monthly fees, there really is no reason not to use a broker.  ShareBuilder offers the same thing for $4, but only if you sign up for their automatic Tuesday investments.\n\nBoth of these options are acutally cheaper than buying the stock directly from the company's share transfer agent.