eHowToGuru

Posts Tagged ‘Invest Online’

I looked at these websites and there is way too much reading materials. One of my friend directed me to etrade but they charge about $8 to $10 per trade, that’s instane!!! I want something where I can my stocks when it goes up $2 and I want to sell it when it goes down $2, it is as simple as that. If I am going to pay brokers that much fees then I won’t create any profits. Any suggestions?

Don’t listen to these people. Some of the wealthiest people in the world made their starting fortunes with penny stocks. There are perfectly legitimate penny stocks out there, what makes them risky is that their prices are not determined using conventional methods. The other problem is that it’s hard to get information on penny stocks. The naysayers are right, however, in that you could much more easily lose everything you’ve invested. So, you have to really know how to analyze and forecast or there is a good chance you’ll get killed. Also, it’s not necessarily true that you have to buy them in blocks of 1000 or 5000 or whatever that other person said.
Avoid the BS and have an independent mind. The thing about penny stocks is that you have to look at the timeline for when you might actually realize some returns, and you have to consider how viable is their business. Learn how to analyze all of their financials, look beyond their biased website for outside information, and then wait. And if you still aren’t convinced, then don’t buy. And when you do buy, make sure you are analyzing all of their numbers, and buy in portions over time. Don’t dump all your savings at once.
Finally, hedge your investment with something less risky. Good luck, and don’t forget to think for yourself.

can you invest online if your under 15 and if so how or what site should i use. What other ways can you make money online

I would like to know how can I invest in stocks, or online trading. Are there any teaching tools? I know nothing about either one. I am looking to supplement my income.

I would like something simple and easy (and legal and legitimate, i.e. something like Etrade) to allow me to easily buy and sell from Canada. Thank you. And please, no spam.