WHERE TO INVEST TO GAIN SOME PROFIT?
I SAVE A GOOD AMOPUNT OF MONEY OVER THE YEARS .AM A MECHANIC .TO OPEN A MECHANIC SHOP WHO I NEED TO SEE ?OR HOW DO I START MY OWN BUSSINES?OR WHERE TO INVEST TO GAIN SOME PROFIT WITH A ECONOMY LIKE THIS?
I SAVE A GOOD AMOPUNT OF MONEY OVER THE YEARS .AM A MECHANIC .TO OPEN A MECHANIC SHOP WHO I NEED TO SEE ?OR HOW DO I START MY OWN BUSSINES?OR WHERE TO INVEST TO GAIN SOME PROFIT WITH A ECONOMY LIKE THIS?
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So you say you want to learn how to invest in the stock market.
Education is the key ingredient. Read all you can get your hands on about investing and the stock market. Knowledge is power, so become an educated invest before making your first buy.
You could start here: www.investopedia.com
I recommend a starter book called “The only investment guide you’ll ever need” by Andrew Tobias http://en.wikipedia.org/wiki/The_Only_Investment_Guide_You%27ll_Ever_Need
If you want to become a member, this is another good Organization to learn from: www.betterinvesting.org
Your next task is to figure out 4 things.
The amount of risk you’re willing to take?
No risk, Low risk, Medium risk
You get the picture.
What kind of investor do you want to be?
Saver, Speculator or Specialist
How long to want to invest?
Day trader, Short term, Long term or Life long
What do you want to invest in?
Stocks, Bonds, Coins, Precious metals, Money Market, Real Estate,Etc.
There are different styles of investing so learn them all and then pick the one that suits your risk tolerance and tastes.
I chose to be a Dividend Investor. I do reinvest my dividends and that buys me more stock. Since I’m in it for a life time I do not let the roller coaster ride of the stock market influence my decision to sell. I have set up an excel spread sheet of stocks that I have considered to buy and loaded them on to a portfolio on yahoo finance. When I copy and paste the current prices into spread sheet my excel spread sheet tell me when to buy, hold, or sell. It does this by the criteria that I set up in the formulas I created in my spread sheet. I research all the companies before they go my spread sheet.
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I know the answer to your question.
Make real profit.
http://e-toro-trade.com
It contains every thing what you are looking for.
Free practice account for you.
Up to $10,000 on your first deposit.