Buy and sell stocks.

Vietnam
May 19, 2012 11:47pm CST
Have you ever bough and sold stocks? I want to be rich by buy and sell stock. I know when I join the stock market, it is very risk and I can lose all my money. But I think if I only earn money by my main salary, I won't earn enough money to my life.
2 people like this
6 responses
@bostonphil (4459)
• United States
20 May 12
I have bought stocks. I have not sold any yet. I have made some money on a few of my stocks but I have also lost some money. A couple of my stocks went bust when the economy got bad so I lost money. I am holding on to my other stocks. A couple are doing real well. The others are holding their own. One is doing very poorly. Do not invest any money unless you can afford to lose it. You can make some or a lot of money playing the stock market but you can also lose everything. It is a risk and a gamble but it is also fun.
• Vietnam
21 May 12
Thank my frined, yes, stock market is very risk! Many people earn much money from stock market and others lose all their money. The more understand about stock market, the more money you will earn, is it right?
1 person likes this
• United States
21 May 12
Not necessarily. Even the best lose money in the stock market. As I look back, I made a lot of mistakes when I first began to invest. I still do. It is best to do some research about the stock market before investing. Talk to friends and relatives. See what they advise. There are books out there. In the United States, there are TV programs. I follow some of those programs. I took some of the advice. Sometimes, it worked well but other times not so.
• United States
21 May 12
I have just checked your profile and see that you live in Vietnam. Do you have your own stock market or are you planning to buy stocks from another country? Do you need to get a stockbroker in Vietnam? How does it work?
@inertia4 (27960)
• United States
22 May 12
Well you think like most people do. But remember, playing the stock market is almost like gambling. You need to research a stock before you put any money into it. I have done this before and I was somewhat successful. I once owned Apple stock and I was making money when my ex got nervous and pulled all the money out of it. Then the stock went up and I never made what I could have. Anyway, there is a news paper that you should look into buying, called Investment Business Daily. IBD for short. There you will see all the markets and see what is trending. But you have to research a certain stock that you're interested in. Then when you invest do not get emotional about it. Also, before you take the plunge, play it virtual. Meaning, pick a stock on paper, make believe you invested money into it, and watch it for a few days. See how it reacts. Start small and go from there.
@inertia4 (27960)
• United States
24 May 12
You're welcome. It's good to know that you understand the market. No one wants to ever lose money.
• Vietnam
23 May 12
yes, you are right, stock market like a gambing! i think I much understand about company wich beside stock becaue when we buy stock that we buy company. Thank for your share, it is good.
1 person likes this
@tkonlinevn (6438)
• Vietnam
21 May 12
If you have enough money and knowledge about this market, you should try. If not, you shouldn't. Because stocks have much risks.
• Vietnam
21 May 12
Yes, thank my friend!
@Sanitary (3968)
• Singapore
24 May 12
Be contend in life and earn via honest ways. Quick way to riches will bring about quicker way to losing everything when we succumb to temptations and greed. Do not ask to be rich in life, just enough to live on a day to day basis, or a little savings for rainy days. Whatever you do, do not go into stock markets, forex or any forms of trading. They are mostly traps for investors to fall into, boosting company profits out there.
• Vietnam
24 May 12
Thank for your advice! I know stock market is very risk but I need more money to buy a house, so I want to make money by sell and buy stocks.
1 person likes this
@mohkanari (1957)
• India
20 May 12
I have lost a good amount of money by entering stock market. I wanted to make money so fast and got the bitter return. But stock market has given good return for investment type dealings. Systematic investment in stock market, especially in suitable dips, always bring huge profits. But my attitude without patience brought me loss. So be very careful in this matter, otherwise our hard earned money would go to the pockets of big guys in the field.
• Vietnam
21 May 12
Yes, stock maket contain many risk. I dicede make money by stock so I read some book about it. I think I must understand more and more about stock market. Thank for your commment.
@chicgale (2982)
• Philippines
22 May 12
I am planning of joining a stock market, but I am still learning how to do it before I spend my money. But my husband is helping me.
• Vietnam
22 May 12
Yes, It is good for you because your husband help you. I am learning about stock market too because I don't want lose money. LOL
@chicgale (2982)
• Philippines
22 May 12
Yup! :D