stock market questions from a beginner?
Posted by admin
Jeremy S asked:
Im 21 yrs old and I have managed to save $20,000. I currently have $10,000 in a C.D. that will be mature in a few months. I do live at home and have very few expenses so I do not plan on needing my money in the near future but would still like it to be somewhat easily accessable.
Im 21 yrs old and I have managed to save $20,000. I currently have $10,000 in a C.D. that will be mature in a few months. I do live at home and have very few expenses so I do not plan on needing my money in the near future but would still like it to be somewhat easily accessable.
I have always been interested in the stock market and would like to get involved. I would like to invest between $1K-$3K to start.
How do I go about choosing the stock or stocks that are right for me? Should I spend it all on the same company?
When I do decide what stock(s) I want, how do I actually buy them? I am not a big fan of just paying a broker or some other person just to purchase them for me. I work hard for a living and im not paying somebody to sit at a desk.
Do you actually get money while you own the stock or do you just get the profit when you sell them for a gain?
I seen the stock market went up 419 “points” today. What is a point?
Any other advice is appriciated.
Question posted courtesy of: Anita
February 26th, 2008 at 4:10 pm
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February 27th, 2008 at 9:33 am
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February 27th, 2008 at 10:44 am
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February 29th, 2008 at 9:24 pm
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