I’m Thinking of Investing In Stock?

John asked:


Im 19 years old and i work and go to a community college, i would like to buy a couple stocks in a few different company’s. I hope to do it just to have some money invested somewhere and to make a little money. also i think it will be nice to learn how it works. is there any tips i should know or any web sites that really explain how it works?
yeah i understand the part of losing money i work alot and understand it all a chance.

Pierre gagnon

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6 Comments so far

1. Gen Beaudoin  March 2, 2010 2:07 am

   when you play stock market also be prepared to loose money otherwise dont enter it.

2. Eric LeRiche March 4, 2010 3:16 pm

   Uh oh… your note going at it with the right attitude Pierre and that my friend is going to cost you dearly!

   Yes there is an element of chance when you invest in stocks but it’s NOT gambling! Do you think Warren Buffet is a gambler?

   Good investors have one thing in common: They are patient and do proper research before making any investment; big or small.

   It kills me to hear about people who shop for a plasma TV for weeks but invest their livelihood on a stock pick they got from a stranger in a forum!

   What you need to do before you even think about investing is learn the basics of investing. This will allow you to understand how to recognize if a stock is a good investment or not. Yes you can still ask around for tips but at least you’ll be able to confirm if they’re good or not…

   I’ll give you, and others who read this of course, a link to access investorRules.com membership site for free (usually $97/month)

   http://www.investorrules.com/Beginners-Investing-Guide.html

   Enjoy

   Eric LeRiche

3. Investing calls March 4, 2010 8:54 pm

   For investment there is very personal and no web site to invest jim cramer mad money and no none should tell you to invest your money and watch his book mad money and sell high speculation stocks and watch.

4. Dave Stewart  March 5, 2010 7:58 am

   Buy a mutual fund. Why try to pick one or two companies.

5. peter  March 8, 2010 4:00 pm

   An investing works before jumping into it as investors business daily and more importantly money you could stand to lose there are ton of great sights out there is also an investing works before jumping into it as well as make money any money you wont need access to lose there for investing start with yahoo finance and more.
   For to years and zackscom.

6. Lucy mansfield  March 8, 2010 11:57 pm

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