Your Questions About Investing For Beginners

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Charles asks…

Investing in Stock for Beginners?

Hi There,
Does anyone have any general advice on how to begin investing in the stock market. I would be more comfortable doing business in person. What brokerage firm has a great reputation? What would I expect to pay for their services? Thanks in advance for any feedback and may you have a great New Year ahead! 🙂

Justin answers:

To begin investing, I often recommend avoiding a broker, unless you are comfortable paying broker fees. If you are investing anything under 10,000 dollars, I would suggest broad-indexed mutual funds, like the S&P 500 or similar. If you are looking to start with small amounts, maybe consider broad ETFs. You just want to make sure to diversify and not put it all in one place. US Large Caps, maybe some small caps, Europe and a hint of something else. I wrote a couple of articles covering some basics, http://hubpages.com/hub/Investing-For-The-Little-Guys and http://hubpages.com/hub/Ideas-For-A-Beginner-Investor. Hope this helps!

William asks…

What are the best key statistics for Stocks to select the best one? I am a beginner at investing.?

For example: So far I am thinking that the best key statistics are i.) current debt and ii.) dividend yeild (%). But I’m not totally sure if I should be looking at anything else. I look at the many Yahoo’s Key Statistics for stocks and get overwhelmed. Can someone give me some advice?

Thx

Justin answers:

Right now, all that stuff is not relevant. The market is acting irrational. Everything is based on news, and emotion…why not open an online account and try it out yourself Personally, I think Sogotrade is best among all online brokerages. You can get a lot of free trades: about 100 free trades with 500 minimum deposits. It has very good customer services, it also has live help, and you can chat with representatives about any question. After that, only 3 dollar for each trade, pretty sweet when compared with other online brokerages.
Referral code: 453934

Michael asks…

Investing In Stock Market?

Looking to start investing in the stock market. First I want to find more information about how it works. Does anyone have any good recommendations for a book on the stock market? Or a book on investing for beginners? Thank you

Justin answers:

Investment in stock market is a good and wise decision. Trend of investment in stock market has increased as people are now much hesitant to make investment in property and any other type of investment. You can search different stock markets and then with the help of broker you can earn from stock market.

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