I just joined on Wallstreet Survivor thinking it would provide great tools, and provide tutorials that would help me get my first stock traded (they lied btw, if you can’t tell). I have no idea how to use it, and what anything means in it. Can you explain or show me from the very beginning where to get started? Very simple, just explain how to find a good company, what the symbols on the ticker mean, how to buy a stock, etc.

 

  • Max M 11:59 am on December 31, 2009

    If you’re a rookie in investing or stocks, go to

    http://www.finance.yahoo.com.

    Open up a portfolio without using real money. You can give yourself as much or as little money to try out the market. The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody’s got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression.

    That’s the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won’t lose money. It’s just that these stocks are the best. They pay good dividends too.

    Then once you’re comfortable and test the waters of the market, you can finally put some real money in. Go to Scottrade.com. They’re excellent for beginners.

  • dis_orient_ed 11:59 am on December 31, 2009

    The only investment guide you will every need by Andrew Tobias.

  • b2fnow 11:59 am on December 31, 2009

    Investing for Dummies

  • Sinan 11:59 am on December 31, 2009

    I hope you will like this http://updown.eg1.us/

  • Sweetjono 11:59 am on December 31, 2009

    If you want to be a pro, you have to learn from the pros. I have learned a lot at http://www.learn-to-trade-for-free.com/ . They offer great advices vie emails and videos.