Do you buy stocks?

[MrGovernator]

Where do buy stocks?

what do you think about sharebuilder.com?

I have no idea how stocks work, but it looks like it is kinda interesting....

 

[Cedar]

I use a stock broker. I would only try online with small amounts.

 

[ksocia]

I have no idea how stocks work, but it looks like it is kinda interesting....

If you have no idea how stocks work, then don't even try it. If you absolutely want to trade stocks, spend a few hours browsing the motley fool website (www.fool.com) and get some basics down. Research whatever company you're interested in, and look at their annual report. You should know what a P/E ratio, debt-to-equity ratio, EPS, and a whole host of other vocabulary words are before you invest any money into a company's stock. If you don't want to have to follow your investments and do a lot of research, then shoot for a 'blue chip' company that is stable and has no chance of going under anytime soon (Proctor and Gamble, IBM (maybe), Utility companies, etc.)

 

[Jimmy Higgins]

Where do buy stocks?

what do you think about sharebuilder.com?

I have no idea how stocks work, but it looks like it is kinda interesting....

GW Bush, why are you asking for stock advice here? Does Karl Rove know you're doing this?

 

[Colony]

Just go with your gut.

 

[Kage_]

Where do buy stocks?

what do you think about sharebuilder.com?

I have no idea how stocks work, but it looks like it is kinda interesting....

If you are new to investing in the stock market you need to know a few ground rules. Only invest money that you can loose. There's a lot of money that can be made in the stock market, but you are not guaranteed to earn money. Second, do some research on a stock before you buy it. Don't get lured into buying a stock just because a friend says it is cool. When you own stock any gains or losses are just on paper till you actually sell the stock, so don't freak out if your stock drops $2 or $3 one day. The chances are that it will make up the difference in the coming days (well most of the time).

If you are wanting to play with virtural money and get the idea of how the stock market works then you can try Stock Quest. It's a virtural online site to buy and sell real stocks w/o using real money. This will give you a basic idea on how the stock market works. Start on this site by buying a company you like. In high school we had to do a stock tracking project for 6 weeks. I picked 3 companies and one happened to be Intel. During those 6 weeks Intel came out w/ the Pentium 1 processor and there stock sky rocked.

As for sharebuilder.com I think you can do better at a standard stock broker site. Most standard stock broker sites like Ameritrade or Etrade allow you to do similar things, but at a better price per trade.

Added @ 10:55p: I also forgot to mention that I subscribe to The Money Show Digest. This is a bi-monthly newsletter that goes out recomending stocks and such. Several of my stocks that I currently own I got from here. My best stock I got is up over 50% from when I originally invested in it four months ago.


Kage_

 

[dehawk]

Just go with your gut.

Yes and after that you can sell you "gut" or maybe even a kidney to pay for you bankrupcy charges.

 

[Kage_]

Yes and after that you can sell you "gut" or maybe even a kidney to pay for you bankrupcy charges.

Well put dehawk.

Kage_

 

[morriefisher]

Stocks are like houses, people buy because they think that the price is going to rise & people sell because they think the price is going to drop.

So, the big question always is, who is right?

 

[ksocia]

As a comment on Sharebuilder.com (mentioned by OP), they have a 'deal' out now where you get $25 posted to your account when you open a new account and do your first transaction. Of course they charge to transfer out your shares with them to another broker, and there are other fees involved, but free money is free money.
Link (ad posted on Monster.com I think?)
http://www.sharebuilder.com/about_us/affiliate/jump/sharebuild.htm

 

[Spoofee]

If you are just getting started with stocks, yahoo finance (finance.yahoo.com) let's you play with fake money. You can see how well or bad you do.

I use Scottrade.com to trade stocks and have been pretty pleased, but I heard good things about sharebuilder.com from a friend that works at Wells Fargo. From what he saids, a nice feature on it is that you can buy half of a share. :computer:

Don't take my word for this, but I think right now might be a good time to invest since things are on the lower side. Good luck and have fun! :spoofee: