Investment?
Ok, i know nothing about finance( i am actually a physiotherapy student) , but i know that the only way to be rich is investingbuying assets.
I want to start some investment and buy some stock online, so where can you start from? where can you get the information froms? Do i need to hire a stockbroker? How much starting money do you need to start? ( i am not very rich or i wouldnt be here
)
some expereinced stockbroker ’s answer would be great to give me some hint and ideas how to start
THANKS ~~ Much appreciated your help
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Since you’re new you could either try mutual funds rather than buying individual stocks yourself or open an account with a brokerage that offers advice, the commissions are higher of course. But they offer advice.
Since you are new to this – I would advise you invest in growth mutual funds and not try and buy individual stocks. Check out sites, like Ameritrade or E-Trade where you can have funds invested into any number of good funds. Check ot the Morningstar rating for funds and stick with the 4 or 5 start ratings.
I’d say you need to get educated first, then try out your hand playing some imaginary stocks, then the real thing. Technical and fundamental analysis will all be part of what you must learn, I guess.
You can learn about stocks and investment from this site, and this is the section in particular: http://ideasonhowtobecomerich.blogspot.com/2008_04_01_archive.html
You can buy stocks online, or you can buy stocks through a broker.
You will need just some starting capital to invest with.
You can check up the various markets and then try investment yourself, or you can try mutual funds or index funds. Look at these resources to get some ideas:
http://ideasonhowtobecomerich.blogspot.com/search/label/mutual%20funds
Good luck and all the best!