How do start investing in shares?
Posted by admin in Finance Sunday, 30 October 2011 22:14 5 Comments
I am 18 years old and a first time investor. Can anyone enlighten me on how i can start investing in shares and how much money i would need to start off?
I recommend you reading Stock Investing for Dummies, it gives you a pretty good idea about how the system works and how to invest.
You can start investing with very little money, but I would recommend starting with at least a couple of thousands.
I suggest you start with a mutual fund. You will need 500.00 to 2500.00 to start.
Time Shares
The worst investment a peson can make
Recession or no recession.`
yes anyone can start investing at anytime. All you need to do is open an etrade account and deposit $1000-$2000 dollars, after that you can make trades daily and start earning a profit.. be advised, you can lose money if u don’t do research on the company you plan on investing. i recommend using investopedia first, its a stimulator.
Mr. Sonny (I believe it was) is correct on mutual fund investing for beginners. All I would add is that look over the funds carefully and find one you can open with a tiny deposit like 50 dollars as long as you add to it on a consistent basis. Yes, they are out there for beginners like yourself.
Not going to start mentioning funds here because that is totally reckless on our parts to recommend for anyone else.
Good luck and remember you are in investing for the long haul and should not react to daily ups and downs. You never lose a dime unless you start selling off in a panic over something that happened that day.