stock market, how to earn from stock market, how to invest,
@mariagabriella (76)
Philippines
October 14, 2007 8:00am CST
hi everybody. am interested in learning about the stock market and how it works. can anyone share their knowledge please.
some say that investing in the stock market is a good way of earning extra but i don't know how it works...
2 responses
@optionsguru88 (310)
• Singapore
18 Oct 07
Hi :
For a beginner, you can pick up this book "How To Make Money In Stocks: A Winning System in Good Times or Bad" written by William J. O'Neil, at you local library.
It's the best stock trading book that I read on how to pick the best stock to invest based on the criteria of CANSLIM.
Do be cautious that stock trading is not a get-rich-quick scheme although the stock market is riding quite high now. Equipped yourself with all the necessary skills and gain your trading experiences preferably with virtual trading first before plunging your hard earned savings into the stock market.
Good Luck !!
Yours Truly,
Tony Chai
a disabled stock options trader
http://options4u.blogspot.com
@mariagabriella (76)
• Philippines
21 Oct 07
thanks will look for the book... really appreciate your response
@optionsguru88 (310)
• Singapore
22 Oct 07
Hi :
If you really want to invest in the long run, do consider putting some funds in index fund. It's safer and I've read from a few investment book that they perform better than actively managed mutual funds, especially after you've deducted the costs associated with the management of the funds.
Yours Truly,
Tony Chai
http://options4u.blogspot.com
@switze22 (61)
• United States
16 Nov 07
Investing really is how you want it to be.
It can be used to supplement your income, be your only income, or just to make sure the money you already have grows.
I recommend:
- Investopedia.com
- Watch "Mad Money", on CNBC at 6pm on Weekdays. You will learn alot!
@efreddy (250)
• Belgium
17 Oct 07
Stocks are a part of a company,you could buy it on the stock market.
It is a good way of earning when you do some study about the companies you want to invest in it.
Don't buy companies you don't know or you have no intrest in it,don't buy it because everyone are buying it.
(1 stock is too dangerous ,because they could go bankrupt and then you lose all your money what's in it).
With investing in stocks there is some risk involved but just because of that risk ,stocks gives a greather return on the long term.
The best thing to start as a beginner is start with a small amount in an ETF (for example an ETF in the Dow Jones),you bought with this small amount a lot of companies (30 in this example) so you have already diversifies your portfolio.
Then you can look on that and learn further.
(I started this way in 1982,but with a fund not an ETF because they didn't exist on that moment).
@mariagabriella (76)
• Philippines
21 Oct 07
how do i invest? how much do i need to invest? please enlighten me and thanks....