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.

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

4 Responses to “stock market questions from a beginner?”

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2. girly_heather23 on February 27th, 2008 9:33 am

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   For begining investors this is much safer because you would mitigate the sp 500 etfs they are like mutual funds which.

3. Shaun R on February 27th, 2008 10:44 am

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4. trader on February 29th, 2008 9:24 pm

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