Investing my money in the stock market ?

Investing my money in the stock market ? Topic: Investing my money in the stock market ?
July 16, 2019 / By Jelissa
Question: I have $10,000 saved up and want to invest in the stock market. I will contribute $3,000 a year because thats what I can afford right now. Eventually want to contribute $5,000 a year. Were do I start my grandpa stock broker I think there called stock brokers right ? My grandpas stock broker is Mike Oneil , my grandpa was lucky and got a 4o1K through his employer. If i give mike oneil 10 grand and $3,000 a year will my money grow and will I have a good retirement.
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Best Answers: Investing my money in the stock market ?

Felice Felice | 10 days ago
You don't need a stock broker. First, invest in yourself. Get some investment books. Start out with one called, "The Richest Man in Babylon," and then go on to... Value Investing (Whitman) Common Stocks and Uncommon Profits (Fisher) You Can Be a Stock Market Genius (Greenblatt) The Art of Short Selling (Staley) The Essays of Warren Buffet (Cunningham) You're going to want to be a conservative investor, as you can't promote all your time to the stock market, so look for long term stocks, and stocks with big to mega market caps. (You'll learn what I mean in these books.) So for now, put your money into a savings account and focus on educating yourself. Know that you can never buy and sell at a perfect point, and that the easiest person to fool is yourself. Don't buy into emotional stocks. Look at the facts and nothing else, stay on target, and good luck -- you'll need it.
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Felice Originally Answered: I'm 18 and want to get investing in the stock market?
Before you spend $0.01 on any investment, you must know what you’re doing, why you’re doing it and how to do it. Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself. Begin your education by learning why you should invest and the importance of being able to make your own decisions or how the pro’s make theirs. Start your education by reading “Investing or Dummies” by Eric Tyson. To continue your education select some of the following Beating the Street by Peter Lynch Bulls Make Money, Bears Make Money, Pigs Get Slaughtered, by Gallea From Riches to Rags, by I.C. Freeley How to Make Money in Stocks” by William O’Neil 24 Essential Lessons for Investment Success by William O’Neil The Intelligent Investor, by Benjamin Graham Common Stocks, Uncommon Profits, by Philip A. Fisher One Up on Wall Street by Peter Lynch Stocks for the Long Run, by Jeremy Siegel The Lazy Person's Guide to Investing by Paul B. Farrell Uncover the Secret Hiding Places of Stock Market Profits by Joel Greenblatt. What Works on Wall Street by James O'Shaunessey You Can Be a Stock Market Genius by Joel Greenblatt Your Money and Your Brain by Jason Zweig Websites that can provide instructions and help with procedures and terminology are Investopedia - http://www.investopedia.com/ http://www.investorshub.com/ and 1 Source for Stocks - http://www.1source4stocks.com/info/stock... or Smart Money http://www.smartmoney.com/ Visit some of the more professional websites like Zacks Research - http://www.zacks.com/ Schaeffer’s http://www.schaeffersresearch.com/ Investors Business Daily - http://www.investors.com/default.htm?fromad=1 Some of these web sites will have advertisers who are worth looking into also. And remember, if they offer free information, get it. And when you think you want to invest/trade, try some paper trading to test your skills without spending you money http://simulatorinvestopedia.com/ http://www.moneyworks4me.com/ and/or http://www.tradingsimulation.com/ You at least have made the right decision to start investing, this is the first big step and it won’t be your last. Keep taking those steps forward and along the way never take the advice from people that are not in the market or try to tell you not to invest. Good luck on your journey, study hard and you’ll invest well.
Felice Originally Answered: I'm 18 and want to get investing in the stock market?
First, know that trying to trade stocks on the market is gambling, not investing. An investor can expect about a 7% return on investment over the very long haul. So your mutual funds may go up 35% for several years and go down 28% for several years. Second, unless you are a stock broker, you should be buying good mutual funds because you don't have the time to keep your eye on individual stocks. There are smarter people than you running the best mutual funds.

Cortney Cortney
A professional broker could be useful depending on the fees. If you are just planning to get market gains every year, you could just invest in S&P or something similar. Use a broker if you plan to be a little more aggressive. Brokers can provide you with useful information quickly, although you can gather a lot of information by yourself online. They just save you time. Remember, no one can guarantee returns in the market. It is what it is. Arbitrage exists, but if your broker determine arbitrage opportunity, he wouldn't be your broker then.
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Bethel Bethel
Just my personal opinion, an amateur investor can do just fine on his own. I wouldn't pay a stock broker commissions. Plus, they'll probably buy the most boring general stocks out there. I wouldn't buy these major index's whatsoever right now. It's all a bubble and it will positively pop anytime soon in the next couple years, or this year. My advice, take your $10,000 and buy all physical gold while it is on this dip. Surely in the next five years it will be up 100% to $2,500 or more. The stock market in 5 years? Probably will have gone nowhere, or down.
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Bethel Originally Answered: How can I earn money from the stock market?
Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself. Start your education by learning why you should invest and the importance of being able to make your own decisions or how the pro’s make theirs. Here is some reading material that can get you started in the right direction, Beating the Street by Peter Lynch Bulls Make Money, Bears Make Money, Pigs Get Slaughtered, by Gallea From Riches to Rags, by I.C. Freeley Millionaire Traders, Lein & Schlosberg How to Make Money in Stocks” by William O’Neil 24 Essential Lessons for Investment Success by William O’Neil The Intelligent Investor, by Benjamin Graham Common Stocks, Uncommon Profits, by Philip A. Fisher One Up on Wall Street by Peter Lynch Stocks for the Long Run, by Jeremy Siegel The Interpretation of Financial Statements by Benjamin Graham The Warren Buffett Way by Robert Hagstrom Trading for a Living, by Alexander Elder What Works on Wall Street by James O'Shaunessey You Can Be a Stock Market Genius by Joel Greenblatt Your Money and Your Brain by Jason Zweig Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance. (http://moneycentral.msn.com/home.asp , http://finance.yahoo.com/ Other website that can provide instructions and help with procedures and terminology are Investopedia - http://www.investopedia.com/ http://www.investorshub.com/ Visit some of the more professional websites like Zacks Research - http://www.zacks.com/ Smart Money - http://www.smartmoney.com/ Schaeffer’s http://www.schaeffersresearch.com/ Some of these web sites will have advertisers who are worth looking into also. And remember, if they offer free information, get it. Or you can meet others who are trading at http://www.moneyshow.com/main.asp Attend all the free seminars you can, just be careful and don’t get pressured into anything you really don’t want or need. Most schools offer courses in finance and economics, but very few will have courses on the mechanics of the investment markets, if they do try taking the course. You may want to consider on-line courses, the New York Institute of Finance use to have such courses. Try to get some fee information from the stocks exchanges they all have (had) free booklets, SIAC and some of the regulators (FINRA SEC MSRB CBOE) may provide some free literature. And when you think you want to invest/trade, try some paper trading to test your skills without spending you money http://simulator.investopedia.com/ http://www.tradingsimulation.com/ You at least have made the right decision to start investing, this is the first big step and it won’t be your last. Keep taking those steps forward and along the way never take the advice from people that are not in the market or try to tell you not to invest
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