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Im 18 years old and would like advice on how the stock market works and how i could get started? |
I would like to know is this a good investment and can i make lots of money off of it Learn the basics before you get rich. The stock market works by allowing companies that need to raise money to issue more shares ("secondary offerings"). you must go to bank and put in it a money which you will transfer it to any company you want in Before any one jumps in and tries to buy stock, they must first decide if they are going to be a trader or an investor. (A trader is very short term holder of a stock 鈥?1 minute to 3 months, an investor is a 6 months and beyond holder). Decide on how much capital you have available for investing/trading and how much of that are in going to spend. (You should never spend 100% of you investing/trading capital on a particular stock. Decide what industry in want. Look for good trades/investments in that industry and move with caution. |
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