stock advisor group review
How do i begin Investing In Stock and Bonds?
Hello, i’m investigating and researching how to buy and sell stocks and bonds online. I’ve never done it before and have been very interested in the idea lately. I’ve been looking into certain websites such as E-trade and others. I wasn’t sure which were out to recruit gullible begginers to the stock and bonds market. I’ve put off a small amount of 1,000 dollars to begin with. I wasn’t sure if that would be enough but thats what i’m going to start with. If anyone reading this is educated and could give me some good advice pertaining to how i can begin and exactly where to go please inform me. Thank you and appreciate the help.
The first thing that you will want to do is learn the fundamentals of the market system. Start to read and learn more about how the market works in general. Reviewing the archived answers on this Yahoo group is a good place to start. Investopedia had a lot of good, basic materials and does a very good job of defining in plain English most financial terms. The SEC has quite a few publications explaining market segments. The SEC also publishes all pubic companies’ required disclosure filings on their website. This is a good place to do research into a specific company and to locate prospectuses.
Once you have a good understanding of how the market works, you will be ready to establish a brokerage account. With your brokerage account, you will generally gain access to additional educational materials and analyst reports. These will help guide you in how to value companies and stock. Also, do not be afraid of setting up a brokerage account. Brokers are not out there to take advantage of people, they are there just to execute the orders that you place with them. As long as you do not buy any securities, your cash is safe as it is insured by SIPC, and most brokers even pay you interest on the cash held in your account.
The people that you do have to watch out for are investment “help”, “advisors” and “stock pick” sites – especially ones touting penny stocks or offering to sell you a sure-fire “system” or “strategy”. These are scam artists. No one knows how any stock will perform in the future. Real investment analyst and advisors will not blindly give you a list of stock picks – they will give you reasons they believe that a stock is a prudent investment and will warn you of the risks of investing in that stock.
The best advice I can give you is to do your own research before investing and to only invest money that you can afford to loose.