how do i go about buying stocks right now!!
- Thread starter a2smooth
- Start date
Good idea undertow, but he may not be ready for them yet. I had a post on one of the other threads that says to start w/ ShareBuilder. You can get a $25 bonus w/ them, and your first month of trading for free. Anyone want to know how, just PM me for more details.
Good advice. I would also wait for the market to tank more.
Dude you ain't neva lied, cause I'm steady losing right now. Now big, serious bucks, but a loss nonetheless.
That's one thing I like about ShareBuilder. Even on the automatic investment plan, at the maximum you can only do weekly, so you can take a wait-and-see approach and make changes at the last minute to capitalize on a uptick or scale back on a downturn.
Sharebuilder is ok. But not for everyone. OptionsXpress gives $100 for opening an account with $500. Zecco gives $50 for opening an account and free trades for the month of October.
Since you are buying for the long term then starting your sharebuilder now is not a bad idea. The idea behind the whole thing is dollar cost averaging and you are starting from the bottom or near the bottom. The idea being that over the long term you are buying more shares when the market is down and in fact you should be praying for the market to tank more even though you are watching the value of what you own now go down but as it tanks you are able to buy more shares and at the end of the game 5, 10, 20 years or however long your horizon is. You want at the end of the day to own lots and lots of shares.
Part of the problem with waiting for the market to bottom is that you never know when the bottom is.
Right now the most important thing is to open the account and fund it. After that you can decide if you want to buy anything. The account will grow interest.
If I was buying stuff long term I'd be buying solid companies with dividend
I have always like Kinder Morgan (KMP), BP Prudhoe Bay Royalty Trust (BPT), PVX has fallen significantly but they pay a >10% div. Those are all oil related but I like them.
Since you are buying for the long term then starting your sharebuilder now is not a bad idea. The idea behind the whole thing is dollar cost averaging and you are starting from the bottom or near the bottom. The idea being that over the long term you are buying more shares when the market is down and in fact you should be praying for the market to tank more even though you are watching the value of what you own now go down but as it tanks you are able to buy more shares and at the end of the game 5, 10, 20 years or however long your horizon is. You want at the end of the day to own lots and lots of shares.
Part of the problem with waiting for the market to bottom is that you never know when the bottom is.
Right now the most important thing is to open the account and fund it. After that you can decide if you want to buy anything. The account will grow interest.
If I was buying stuff long term I'd be buying solid companies with dividend
I have always like Kinder Morgan (KMP), BP Prudhoe Bay Royalty Trust (BPT), PVX has fallen significantly but they pay a >10% div. Those are all oil related but I like them.
Great post!
By taking the money you were going to use to buy stocks and start a business on the internet. It sounds like a broken record but if you do it right, you will make passive cash flow quicker than anything else out there.
How do i go about buying stocks who do i contact in order to do this freddie mac an fannie mae is at 2dollors a share
I hope you didn't buy either of those stocks.
You should start off on Investopedia.com, you can create an acct and trade stock on their simulated system...Once you get comfortable, then I would actually get into buying
Yeah, and Fannie/Freddie are doing about the same as they were back then.
bump, Someone would have had some nice 10% dividend
Tell us how to invest if we only have a small amount of money left every month to invest. By small amount I mean a couple hundred. How do I make that work? Thanx.
If anyone needs an online brokerage, I would suggest optionsxpress. They have been good to me.
Fuck stocks, they will become irrelevant by the end of next year as the U.S. will be completely dissolved financially.
Focus on commodities, everyone needs energy and food..I wouldn't really mess with precious metals at this time.
Focus on commodities, everyone needs energy and food..I wouldn't really mess with precious metals at this time.
here is how to make your 1st guaranteed $100 if you have $500. Open up optionsxpress account with $520 buy 1 share of any stock under $4. Let the money sit for 6 months. Idea behind this is to let optionsxpress be your bank. So your $520 makes way more interest than sitting in the bank.
$100 in your account and $100 in your friend's account
Offer limited to one $100 bonus per referrer and referred friend, for each unique referral resulting in a newly activated, funded optionsXpress account meeting the terms and conditions of the refer a friend program. To qualify for the $100 bonus, the referred account must maintain a per account average balance of $500 for 6 months, and the account must trade at least once. The $100 bonus will be deposited into the referrer and referred accounts within 45 days after the referred friend meets the terms and conditions of the offer. To qualify, the referrer must enter the referred friend's email address through this page, and the referred friend must enter the promo code "FRIEND" through the new account application form when opening the new account. A referred customer can only qualify for the $100 bonus a total of one time. A customer can only qualify for a total of $500 from any combination of optionsXpress cash promotions per calendar year.
If you need referral link hit me up with your email address that you will use to sign up.
Since you say you want to invest couple hundred monthly. I'd buy dividend paying stocks. here is a post where we talked a little about some dividend stuff http://www.bgol.us/board/showthread.php?t=471859
Last edited:
