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First Time Investment in Shares ? |
Well Im planning to invest in Shares and im not too sure about it. I'd like to know how can i start with it and not spend a lot on it in the start untill i learn it more ? how complicated & risky is it ? You should understand the main reason why you want to spend money buying a particular stock. This step should preclude investing in stock. It allows you to move swiftly as soon as the price of the stock goes down a lot. If you know the main motivation about purchasing a specific stock, you will not hesitate to buy it once the price falls. If you are talking about the stock market you can use E-Trade or Sharebuilder both are cheap and reputable. Sharebuilder has a very small minimum trade of like $25 or $50. Talk to someone at a bank you trust. MUTUALS are the best for long term if you are thinking for retirement. ROTH IRA is good too because its tax deferred. Mutuals you can withdrawal even though it benefits you not too. IRA's you have to wait until 65 years old to withdrawl. Open a brokerage account at Zecco and invest in the ETF DIA. |
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