How can I start to invest in stocks, mutual funds, bonds or gold?
Question:
Answer:
You don't want to jump blindly into investing. Some important things to consider are the reason you're investing (for short term enjoyment or long range goals such as college, a new home, or retirement), the risk associated with the various investments, and then choosing the investment, or mix of investments, that are right for you.
Once you feel comfortable and knowledgeable about investing your money on your own, you could consider a discount brokerage firm. The trades are less expensive, and their tools are geared towards the experienced trader that's capable of making their own trading decisions. Since I am a little bias, I would recommend Scottrade (only $500 deposit required). Although, there are several discount brokers out there to choose from.
You can compare the commissions/fees of several brokerage firms at: http://www.scottrade.com/online_broker_c... .
Good luck investing!
Scottrade
www.Scottrade.com
1-800-619-7283
morningstar.com has a free online course on stocks, etc.
also read anything by Jim Cramer. Do your homework on stocks!
make sure you have a solid emergency fund set up for yourself before you start and dont invest more than you can afford to lose!
all you have to do is sign make an account at any stock brokerage firm like TDAmeritrade. They also have a lot of information on their site to help you out.
Try fidelity.com. They have research and helpful topics.
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