Anyone invest in the stock market?

[Domingo Halliburton]

for guys asking about getting started, if you have a job look into their 401k options. the company usually matches, its the easiest way to get into investing.

 

[Domingo Halliburton]

What is an index fund?

its a fund that follows certain indexes (like the dow, s&p 500, nasdaq, international ones, etc.) companies like Vanguard and T Row Price offer them. It just a way to invest in the whole market. I put money in and just let it sit.

 

[MewTwo]

for guys asking about getting started, if you have a job look into their 401k options. the company usually matches, its the easiest way to get into investing.

What if you're self-employed?

 

[Domingo Halliburton]

How did you get started? Im seriously considering investing but I dont know how or where to start.

Well I majored in finance in college. Me and 2 friends each threw $500 and we invested that money.

If you got a job look into their 401k options.

 

[MewTwo]

Damn I feel invisible on here. People rarely respond to me.

 

[TheBigBopper]

Don't buy stock in individual companies until you can read financial statements and have access to equity research reports.

Stick with index funds and mutual funds in bonds and other alternative assets.

 

[Domingo Halliburton]

What if you're self-employed?

hey sorry I didn't get back to you. I've been busy with memorial day weekend. I'm not entirely sure about what self employed workers do. Maybe you can try googling "self employed retirement plans" or you could look into Roth IRAs. If none of that suits you, I'd look into mutual funds or index funds.

 

[Olivia Pope]

its a fund that follows certain indexes (like the dow, s&p 500, nasdaq, international ones, etc.) companies like Vanguard and T Row Price offer them. It just a way to invest in the whole market. I put money in and just let it sit.

Hmmm ok. I'm going to look into this.

 

[Hiphoplives4eva]

for serious investors, i highly recommend subscribing to a stock picking service like TheStreet.com, Motleyfool.com, or morningstar.com. Great research on companies and stocks, with great daily news updates as well.

I personally use the motleyfool and I do fairly well in the market. Im a long term investor btw.

 

[Creeper]

for serious investors, i highly recommend subscribing to a stock picking service like TheStreet.com, Motleyfool.com, or morningstar.com. Great research on companies and stocks, with great daily news updates as well.

I personally use the motleyfool and I do fairly well in the market. Im a long term investor btw.

I use thestreet.com and marketwatch.com, but i'm gonna check out the the other too. thanks

 

[theworldismine13]

Buy Stocks Online and invest your money at ShareBuilder is a good place to start

 

[kash10003]

since I'm guessing most people here are just starting out, the biggest tip I can give you is that

1. save a 1/3rd of your paycheck
2. and use a portion of that (or other sources) to invest and commit to it. when you are beginning out, each transaction might cost you x $ in commission, which means you have to invest a decent multiple of x$ to yield you a net profit

- don't worry about making a profit. if you are just starting out and are not meddling with options/futures/forex/blahblahblah just the straight basics. it will be hard for you to make a profit without investing a decent amount to start with. your goal is to make smart decisions and learn the basics. this is basically investing in knowledge and confidence so your fresh out of college ass can continue to learn and develop as you progress in your career and make more. give it some time and you should be able to make money in the long run

i personally only try to meddle if i have a lot of free time or when i know the market is pessimistic.

books
http://www.amazon.com/The-Intellige...5661/ref=sr_1_1?ie=UTF8&qid=1338285146&sr=8-1

Amazon.com: Security Analysis: Principles and Techniques (9780071412285): Benjamin Graham, David Dodd: Books

i started by using morningstar.com but just get used to being intuitive with #s

 

[Economics]

...

 

[Domingo Halliburton]

another book to check out is "random walk down wall street" by burton malkiel
Amazon.com: A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Tenth Edition) (9780393340747): Burton G. Malkiel: Books

 

[MewTwo]

Is anyone making a fulltime income in investing only (as in you've made so much from investing that you've quit your day job)?