Im new shares and bonds. What should I do?
I have taken many classes in economics and marketing classes, but I'm not sure exactly how enter the equity trading business. Does anyone have any first hand advice? As scottrade against other companies, etc. Thanks! Any help on what I do to get in would be greatly appreciated!
You can open an account with any discount broker like Fidelity, Schwab, Janus. In general, lest need $ 1000 to $ 2500. They also have tutorials on their websites. They may try to get you to buy and sell stocks, does not listen. Buy Funds investment "is like hiring a professional fund manager to make trades for you. You can buy funds that combine stocks, bonds, real estate, any other investment vehicles. You can make money for the strategy: 1. Average cost in dollars. 2. Diversification. A good mutual fund will allow you to do two things. The website of the runners will explain the concepts, and must be understood. If they buy and sell stocks lose money. Guaranteed. It's the game. Many people will tell you who made money buying and selling shares, much of people will tell you who made money betting on the casino.
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