Skip to main content

Buying / selling Shares info 1010 Responses

Last post: 1 year ago | Thread started: May 18, 12, 5:29 a.m.

RespondNew TopicDisable Images

  • Hombre_Lobo

    Hi guys,

    Im interested in learning a bit of stock market info to start buying and selling shares. I have no idea about it, I've never bought a share in my life, so im curious what resources you might recommend for a beginner.

    I mean what sites, what software, tools and blogs etc.

    Any help would be much appreciated.

    p.s. this isn't just because Facebook went public, been planning it for a while! :P

    May 18, 12, 5:29 a.m. – Permalink
  • monospaced

    I use Charles Schwab to facilitate my investments. They have great research on their website (once you're subscribed) and will talk to you whenever you want. Otherwise, invest in what you feel you really know about (to start). Invest in what you believe in. Then, from there, start talking to people and poking around. Don't go overboard, test the waters.

    Another thing to consider is to set up a Roth IRA and make some long-term low-risk investments (mutual funds). It's a way to save money and make it at the same time, and in the end the earnings are almost completely tax-free.

    + add note

    You must be logged in to add a note. Login now or register for an account.

    Cancel
    Dog-earMay 18, 12, 5:31 a.m. – Permalink
  • uan

    better to keep earning money in a decent way imo.

    • ehm...
      – maikel1/3
      ...I know right, money has no smell.– uan2/3
      it's not like you are killing puppies or enslaving people.– maikel3/3
    next note >+ add note

    You must be logged in to add a note. Login now or register for an account.

    Cancel
    Dog-earMay 18, 12, 5:32 a.m. – Permalink
  • clearThoughts

    Fancy buying some Facebook shares?

    + add note

    You must be logged in to add a note. Login now or register for an account.

    Cancel
    Dog-earMay 18, 12, 5:39 a.m. – Permalink
  • maikel

    You can always ask Hedge, but if he's not around you can should do a little research into WHAT you want to buy/sell there are many financial products that you can profit from, depending on your risk appetite.

    My suggestion is to talk to your bank to see if they have any products or platforms. They will have a limited range of products but it will be simpler.

    To give a go as to how good or bad you are, you can try using a simulator. Most on-line trading platforms will allow you to use a simulation account to test strategies before using real money. You should use a simulator for at least 6 month before even trying to use the real deal. Otherwise you will have the same chances of winning that playing poker on any casino.

    I currently use several platforms and various products. The one I like best is provided by saxo bank. MCM isn't that good and Barclays have very little products in offer.

    One of the simplest products to trade or to understand are FXs - contracts for buying/selling currency highly leveraged. You can also make a lot of money with very little capital (or lose all in a couple of minutes).

    The best recommendation I can give you is to avoid fantasising about become millionaire overnight. It does happen, but kind of rarely. You can expect to make A LOT more money that keeping your money in the bank, tho.

    - If you want specific info, drop me a line.

    • +1 on last paragraph.– monospaced1/2
      Learning that costed me a few thousands in losses : (– maikel2/2
    next note >+ add note

    You must be logged in to add a note. Login now or register for an account.

    Cancel
    Dog-earMay 18, 12, 5:44 a.m. – Permalink
  • maikel

    Also,
    Forexfactory: good agenda of financial events
    forex pro: good for trend and technical analysis
    bloomberg: good research, mostly fundamentals. the iphone app is good
    financial times: all sort of general info

    If you are going to focus in a specific industry (bank, energies, raw material, hight tech, etc) READ what is going on daily.

    Bear in mind most internet forums will be full of tips, of which 80% are rubbish.

    next note >add note

    You must be logged in to add a note. Login now or register for an account.

    Cancel
    Dog-earMay 18, 12, 5:49 a.m. – Permalink
  • goldieboy

    Start reading the FT

    next note >add note

    You must be logged in to add a note. Login now or register for an account.

    Cancel
    Dog-earMay 18, 12, 5:58 a.m. – Permalink
  • utopian

    TD Ameritrade's new website and trading tools are actually pretty dope and easy to use, I signed up a couple of months ago.

    https://www.tdameritrade.com/tra…

    BTW - whatever you do, do not get roped into the Facebook IPO hype and boondoggle!

    • Facebook looks like a terrible idea atm, i suspect the price is gonna rocket beyond their actual worth.– Hombre_Lobo1/2
      and then the price will drop v quickly. (my complete amateur assumption! :P)– Hombre_Lobo2/2
    next note >+ add note

    You must be logged in to add a note. Login now or register for an account.

    Cancel
    Dog-earMay 18, 12, 6:13 a.m. – Permalink
  • BH26

    Do a search on "Forever Stocks" very Stable Low risk companies- that pay dividends.
    I use TD ameritrade- very good.
    Investopedia is good to check out also.

    next note >add note

    You must be logged in to add a note. Login now or register for an account.

    Cancel
    Dog-earMay 18, 12, 6:42 a.m. – Permalink
  • robotron3k

    I use Fidelity, a bit more than the others but you have bigger range of stocks to invest in. I do my own trades, cost about 8 bucks a trade. I made a bit of money in rare earth, most of the other trades are up and down, I focused on penny stocks mostly. That way your day isn't ruined if you lose $60 bucks or so...

    • What rare earth stock/ETM? Only one I know of is REMX.– monospaced1/8
      GMWGF, LYSCF, and more but all the bottom fell out last year. physical metal was my best investment.– robotron3k2/8
      I think LQMT is a risky buy but since they make Apple stuff, could be sleeper penny stock. still it's volitile BUT cheap– robotron3k3/8
      if Apple's new iphone is made of Liquid Metal as rumoured it could be payday for me!! ;)– robotron3k4/8
      all those penny stocks are there to make their insiders money. You're lucky if you can ride along, but don't expect much.– monNom5/8
      ESPECIALLY anything the ends with .OB, or .OB.PK
      There could be 3billion shares sitting in the caymans, you don't know.      – monNom6/8
      just can't know as they don't report like a proper exchange traded co.– monNom7/8
      ...to OP. I'm sure robo knows all this.– monNom8/8
    next note >+ add note

    You must be logged in to add a note. Login now or register for an account.

    Cancel
    Dog-earMay 18, 12, 7:35 a.m. – Permalink
  • Fuzziest

    I use Vanguard, but any of the major financial institutions are fine.

    I recommend the book, All About Assets Allocation.
    http://www.amazon.com/About-Asse…

    next note >add note

    You must be logged in to add a note. Login now or register for an account.

    Cancel
    Dog-earMay 18, 12, 8:07 a.m. – Permalink

Login or Register to respond to this

Skip to main content