For those into the stock market, i need some help

Originally Posted by Waizzz

I watch both Fast Money on CNBC & Nightly Business Report on PBS everyday it it keeps me updated on happenings in the business world and the market

I then got into a stock of a company that I know really well which back in 2006 was Apple Computer aka Apple INC

Since that time I have made a boatload of cash from Apple and also spent time on other stocks and listened to conference calls, read analyst reports, and studied companies to udernstand their strengths weaknesses and opportunities

What I always tell everyone who wants to get into investing is to start slow or even use a tool like Google finance that allows you to enter trades into a watch list and you can start to see a trend with a certain stock. Then once you feel comfortable you can make an account with Etrade and start to trade shares of a company that you know well

At the end of the day there really is no bulletproof strategy but there are things you can do to reduce your risk

Originally Posted by Z370Z011

There are so many old companies that have made a lot of people great amounts of cash. Hopefully ill find me the next apple INC
Ive been investing with share builder, and for the most part they don't charge me much of anything. Not sure what the differences between etrade and share builder are though.

thanks for the tip and to the rest of you as well
i appreciate all the responses. like i said, i try not to trade in large amounts since i really dont know much about the market. so far the only ones that I've been able to make some money with is KOF and BAC.

Originally Posted by Waizzz

I was in BAC for awhile, switched over to Citi in 2010 and it just finally started rallying to where I need it to be.

Smart of you not trying to invest too much, great way to dip your toe in the water and not get wet (or eated by a shark )

I will also say that you should follow your instinct whenever possible. I got caught up in the Facebook hype even though they didn't pass my gut test and I got burned, I learned my lesson though