Your Questions About Make Money In The Stock Market

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Your Questions About Make Money In The Stock Market

  1. 1. Your Questions About Make Money In The Stock MarketCharles asks…How a young teen can make money in the stock market?Can I get a few tips for buying and selling stocks? I dont want to make a big mistake and messeverything up. Also, is the market currently up or down and what are some great stocks to buy?The ones that will make the most money? I use e*trade btw. Thanks(:Steve Winston answers:Legally, you need to be 18 years of age to trade in the stock market. Unless your father/mothertrust you enough to let you choose which stocks they purchase through their accounts, you arebetter of doing some small ventures and working your creativity at this age. Think of anything,and establish it. 1/6
  2. 2. Joseph asks…Can schools make money with the Stock Market?Instead of fundraisers, which are only moderately effective, why dont I ever see or hear about(high) schools making money on the stock market? The economy/business teachers in theschool can supervise the stocks, since they know the most about this stuff.Steve Winston answers:The stock market is risky. Public funds rarely are placed in risky investments, even if theinvestment vehicle is one of the best options out there if properly diversified.Who would run it? Economics teachers in high school do not all understand the market. Somemight, but every school does not have investment savvy teachers. A teacher needs a bachelorsdegree to teach and it does not even have to be in business (or specifically finance). Someteachers might be qualified, but how would you determine if your school had the right staff?Plus how would the school regulate it? How would they ensure that the money is not placed inrisky investments? How could they justify loses in investment value to the government? I havelost money in some years and well I had to only justify it to myself.Lastly, schools do not tend to have tons of spare cash. They have a budget they need to stickwithin. They cannot just borrow from the budget to invest. Even if they wanted to, the majority ofthe schools money is not available to them till they justify its need. 2/6
  3. 3. Universities on the other hand do invest small portions of their capital (some private onesanyways).John asks…I want to make money in Stock Market.?I m interested in making money in stock market.I want to know the most reliable broker+reffecient software which can give intraday+EOD charts.+sites which can hv interactive chatfacility.ThanksSteve Winston answers:Stock Options are a great place to make money in the stock market. There are a lot of freecourses on the internet. SmarTrade has a free basic options trading course and a paidadvanced course. 3/6
  4. 4. Paul asks…How Hard Is It To Make Money In The Stock Market?Hi im new to the stock market and I dont know much about it other than the basics. Ive donea lot of research and im ready to begin investing.I want to start out slow by only using around $80-$120. Is it reasonable to think I can double ortriple my money in a month if I invest smartly? Are there any sites that give tips on certainstocks that may rise because of new products they are putting out? Thank you very much forany help you can give me.Steve Winston answers:$120 isnt enough to start trading stocks. You want to put in at LEAST $1,000 or else thecommissions will be too high. Usually you pay a $25 commission to buy and again to sell. Soyou buy a $100 worth of stock with $50 of commission, you have to make a 50% gain just toBREAK EVEN. Not worth it, thats a great formula to lose money.Save up money, research stocks as much as you can. Read articles and tutorials on sites likeinvestopedia.com. 4/6
  5. 5. If you are truely investing "smartly", you wont be doubling or tripling your money, because to doso you need to take ridiculous risks. In that case you arent investing you are GAMBLING. Byinvesting properly you can make a steady 10% or more each year. You might get lucky anddouble or triple your stock once, but I guarantee the next time you try it will drop by twice asmuch.David asks…IS IT POSSIBLE TO MAKE MONEY IN THE STOCK MARKET?If yes ....how much?lets say I have a 1000 dollars..how much can i make in a month?where do i learn to make money in the stock market?Steve Winston answers:Yes you can make money in the stock market. However, unless you are a day trader with a vastknowledge of how things operate, one month will not be sufficient for you to make good money.Right now it is harder to make money, because there is too much volatility, and many 5/6
  6. 6. companies are going bankrupt. The honest best way to learn the market is to play it, invest in some safe stocks like google or GE. Next, get a few books, or look up online what means what. In a good month you will sound like an expert. But back to how much you will make, give it a year, most people make on average just over 10% on their money in a year. Powered by Yahoo! Answers Read More… Your Questions About Make Money In The Stock Market 6/6Powered by TCPDF (www.tcpdf.org)

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