Stock Market

[Rabmuncher]

can anyone tell me how the stock market works like word for word but in simple 17 year old kid talk :shrugg , or any good sites that explains it

[skibum_1260]

buy low, sell high!

[Rabmuncher]

buy low, sell high!

hahaha but like how do you buy a share, i mean is it like paypal or credit card what is it that you use

[LongShot]

Years back I think I used Choicetrade.com. Had to use some kind of bank draft to fund the account to start. It was a good online service too.

[Sean24]

you can check out www.tdwaterhouse.com and i believe there is a share site based for beginners which explains everything real cleary, id just google it if i was you.

Best way to describe it is this, find out what is going on the in economy and see what different things will be affected i.e. gas prices, oil, textiles things like that. if you see a new company opening, and they look like they have a lot of promise and a strong plan for their future, buy when the stock is cheap, then when it goes up....sell it before it starts going down again. Its really pretty simple, you just gotta know which companies to invest in.

[Lethal Rider]

watch a show called Mad Money...I forgot what chanel it comes on though.

[Rabmuncher]

watch a show called Mad Money...I forgot what chanel it comes on though.

wow wierd that you said that, cause this sub teacher i had, he told me to read this book called think and grow rich then watch that show you just said :hitler:

[The Head]

stock shares are purchased through a broker your bank should have at least one person with a series 7 trading licence if not they have a person they can call to place the order just go in and talk with your banker they will be able to give you the number of the brokerage they use you will also have to fill out a few forms so they can draw off of your accounts to make the purchases you request...never buy a stock with money you don't have especially as a beginner, as you get more comfortable you can do margin purchases but that is another lesson for another time.

The cost of the shares of stock plus the brokerage fee (ususally a percentage of the total purchase price) will be deducted from your checking/savings account. There are also many online brokers but I haven't found one that I like as much as just calling up my broker and talking to him. Another advantage is many brokers can give you some information regarding the stocks you want to purchase that is not readily available all in all I find it to be an advantage.

[Darwick]

John Crammer or some shit like that my gf's dad watches him religously and has made some cash off watchign him only prob with the stock market bro is you need money to make money. You can make alot of money really quick but most likly your not you will make money over time, sometimes it only takes 6 months sometimes it takes years.

[scott3824]

yeah the think and grow rich book is really good ....

stocks are a good thing to learn about and get into - i paid my way through college from making good investments

[dHERZ]

i tried googling it, and i found some online trading sites, and come confusing ass sites to

[Darwick]

seriously buy the book and read it its worth the money, his show is kinda amusing once you have some money into some stocks or have some money you want to invest.