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jcagerjr
265 days ago

How Can I Get Started In The Stock Market?

I make less than 20,000.00 a year. How can I get started in the stock market How much would I need?
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Anonymous
43 days ago
You have to raise about $500,000 USD then invest in whataburger
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Anonymous
189 days ago
First, start saving even if you must skip paying your bills, then buy as much as you can of RET, FTCS, PFG, and HJK. If a few weeks you will be smiling big.
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Anonymous
199 days ago
Dependant upon how much you are able/want to risk try going for CFD's rather than ordinary stocks. Yes the potential risks are much greater, but you can increase your effective capital by as much as x20!!! I started with $15,000 and in the first week of trading recouped my investment and some!!!
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Anonymous
236 days ago
Hi jcagerjr, With that little income, it can be difficult to get a start, but it can be done. I know, because I did it. First you really must save some money that you are willing and can afford to put at risk. While you are amassing your initial investment funds, study the market--read books, watch CNBC, get used to how stocks change prices. Practice trading just to get used to the ups and downs of being an active investor. Contact a brokerage firm or possibly your bank when you aready to start your first portfolio. My first account was with Bank of America. Like me you will have to think big but start small. Buy a small position in a stock you have decided you like. My first purchase was 10 shares of ATT (T). By the time I sold out of ATT i had close to a 1000 shares. Add to your portfolio as you can. Generally it is a good idea to have 5 or 6 stocks in your portfolio that come from different sectors (e.g., a telcom, infrastructure, tech company, pharma, retailer, utility). Your worst enemy in investing is fear. Regardless of what happens never panic. This is really hard to do when you have a small income and you see your portfolio value shrinking by the second, but I can tell you from experience that if you make trades out of panic you'll lose money. Good luck and good fortune! Julian PoorBoyOnWallstreet.com
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Anonymous
237 days ago
First try to save some money to raise your account. then check if the market is worth entering, maybe tou want to check if there is inflation. Then the value of your money is not really paying off. Maybe you want to find a fine bond or a substantial stock that has best interest.
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Animalxpert
244 days ago
first you have to raise about $100,000. then you just invest it in wal mart or mcdonalds or somehting big
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