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Wanting to get into the Stock Market for the first time!

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Old 01-08-2007, 03:54 PM
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Question Wanting to get into the Stock Market for the first time!

Hey every one,

For the past year I've been really wanting to get into the stock market. About a year ago some told me that they knew some one that lives off of stocks!!!!

Man, I think that is cool. But the person is 80 and has a ton of experience.

Now for a person like me that has zero experience and has never done any thing regarding stocks, what can I do? What are the step to getting involved? I've done a little bit of research but its tad bit over whelming. It seems pretty complicated.

Thank you for your time and have a good day,

Bigk
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Old 01-08-2007, 05:03 PM
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Default Re: Wanting to get into the Stock Market for the first time!

I would recommend first to read and research as much as possible, then I would recommend using one of the free stock market simulators on the web to play around with some fake money.

You cannot research enough, read as many articles as you can. Learn investment terminology, learn to diversify, and learn to be patient.
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Old 01-08-2007, 11:26 PM
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Default Re: Wanting to get into the Stock Market for the first time!

buy the best stocks, don't go for penny stocks
always look to grab opportunities, do not buy on peak levels, buy when everyone sells
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Old 01-08-2007, 11:31 PM
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Default Re: Wanting to get into the Stock Market for the first time!

try ipo's or initially buy for short term say 2-3 months. Never try day trading thats risky.
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Old 01-10-2007, 02:30 AM
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Default Re: Wanting to get into the Stock Market for the first time!

invest when you get opportunities, track the markets regularly.
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