Investing my money in stocks?
Question:
Answer:
Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.
http://www.tutorialforyou.net/investing/...
wish it will help you.
Stock is a long term investment. Some stocks do not even pay a dividend. The value will constantly go up and down but in the long run you are usually ahead. It is not for the faint hearted. If a stock pays dividends you can receive cash or more stock. In either case it will be income for the current year and taxable. You have to constantly monitor stock prices and see if overall it is increasing in value at an acceptable rate. Don't forget that there is a charge for both buying and selling.
I would have recommended that you had invested in a mutual fund initially where the experts choose the portfolio for you.
If you pick companies that pay a dividend, then you will see the dividend in your account. However, the primary way you make money in stocks is by the stock increasing in value over time. If you buy a stock for $20, and in a year it goes to $30, then you've made $10 on that stock when you sell it.
what investing site are you using.
use charts 2 sell
try aptistock
more on my blog
If you want some good long term Dividend stocks go with AT&T, Altria, and Bank of America. Go get some ETFs as well. Try EWZ, EEM, and ICF. Enjoy stock investing is so much fun!!
Traditionally you make money from stocks either through dividends and/or by selling the stock at a higher price. Not all stocks will pay dividends while you are holding them. I am not sure what service your investing site is providing - are they acting simply as broker, or are they telling you which stocks to buy based on some graphs/charts? No matter what, you should be the only one with full control over your money, to make sure you are not being scammed. I would take my money out until I understand it fully. Talk to others who are using the same service (or ask for referrals), look up the company to see what others are saying.
If you don't want to take the time to learn how to invest into individual stocks (which may be why you chose that investing site), you should try an index fund (a mutual fund where you basically invest in an entire index like the S&P500). These are as diversified as you can get, and have very low fees. This is great if you are investing longer term. If you want to invest in a shorter time-frame, you can try investing in forex (foreign exchange), which is buying/selling countries' currency. There are only 7 major currency pairs to learn about, as opposed to the thousands of stocks you are selecting from.
More Questions & Answers...