I want to start investing in the stock market, can anyone help?
（I am wanting to get into the stock market, and i am looking for some personal help? Anyone out there know of someone or something that can really help me, “one on one” with the in’s and out’s of the market. How to make it one my own, and at home, or home office type setting?）
Answer：
And don’t think the key to making money is by picking a stock that will triple in value overnight. The key is to buy in solid companies, and waiting over the course of time.
I recommend investing in mutual funds or in ETF’s (which are mutual funds you buy just like a stock). They are a basket of companies (such as 100 companies) that are put together in one fund, and you buy shares of that fund. All in all they’re pretty safe.
Some ticker symbols of ETF’s that are pretty well diversified are VO, VTI, NYC, and SPY.
And if you want to invest in overseas markets, consider EFA, DIM, and VWO.
Now is a decent time to buy. Things aren’t looking too good, but stocks are very low. As the old saying goes, “buy low, sell high.”
Set up an account at sharebuilder.com. It only costs you $10 to buy, $10 to sell. Plus, there are no monthly charges.
Below are links to sharebuilder and vanguard (which has a lot of ETF’s to choose from).
Good luck.
Posted: July 27th, 2010 under US Stock Market.
Tags: start investing in the stock market, Stock market