i want to invest in the New york but i dont know how. what do i have to do to in it ?

 

  • Chau 9:33 am on August 17, 2010

    The best way to do it is to open up an account with an online broker such as ETrade or TDAmeritrade.

    Once you have this opened, you can deposit money into your account. From there, you can select stocks to buy (both on the NYSE and elsewhere).

    This is still a good time to get in although much has been made in profits in the last few months by people who were already in :)

    Be careful with your investing. Many brokers will offer you commission-free trades for a limited period of time. Pay attention to your commission fees after that time has expired. When I first started, I had 500 free trades in the first month. After that ended, I did not notice until I had paid over $500 in commissions.

    Learn about markets before investing. Maybe learn about technical analysis, as this is probably an easier way for beginners to profit than pretending to do fundamental analysis. Understand that nobody can predict which way a particular will go in a day, week, month, etc. Ignore the idiots on Google and Yahoo Finance who seem to think they can do so.

  • MiltonT 9:33 am on August 17, 2010

    I assume you are talking about the New York Stock Exchange. It is the biggest stock exchange in the world. Don’t get confused if you see the name NYSE Euronext. That’s its’ new name for the last 2 years.

    You don’t invest in the NYSE, you buy and sell stocks that are traded there. You can do this through a broker or a mutual fund that invests in NYSE stocks.

    You can read all about it on the link below.

  • Matt® 9:33 am on August 17, 2010

    You will be investing in stocks that are listed on the NYSE. You can do this a number of ways.

    You can open a brokerage account to buy and sell shares. You can also buy shares directly from some companies. You can go to their website and look under "investor relations". You can also buy shares of a mutual or index fund.

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