Lux Investing

can someone please explain the basics on the stock.say i wanted to start investing.?

Public Comments

1. if you dont know,you never will, and if you never come to know, it was never ment to be.
2. My experience is: 1)purchase stocks 2)price drops 3)rush like heck to sell 4)Lose everything 5)Become homeless and gay male prostitute
3. For starters, the most basic rule of stock investing is to diversify. You can't do that by buying individual stocks. Your best bet is to start investing in ETF (Electronic Traded Funds). Start a position in a low minimum account (Scottrade has a $500 minimum). Then buy yourself an index ETF like Spiders(ticker is SPY) which represent the entire S&P 500. Much cheaper than mutual funds. Good luck!
4. Go to Barnes & Noble, Boarders etc. There's no explanation here that can take you into investing. On stocks (or ETF's or Mutual Funds): Only buy what you understand and have a plan (Asset Allocation/Diversification).
5. Just open a brokerage account with $500 at scottrade.com and drop me a line.