Ok, I am 15 and I want to make something of myself when I get older. I work 3 jobs and when I Was on break I heard my co workers talking about investing in stocks. So here are a few questions about investing in stocks.
1. Where do you go online to do stock trades?
2. Can you actually lose real money in the stock market? Like if a company you invested in goes under, will you go under too and go into debt?
3. Hypothetically let’s say that you become a millionaire from doing stocks. Can you just sell all your stock after and call it quits?
Party 4:01 pm on August 26, 2010
hey there !!
just check out gnutrade online trading platform to trades stocks and you can trade the markets with play money first and there you can invest your real money to bet and if you do the bets with analysis.you may not go into debt.
Steve D 4:01 pm on August 26, 2010
1) You open an account with a broker such as Etrade or Charles Schwab and place your orders through them.
2) Yes, buying a stock is like buying anything else, you use real money to buy the stock and you get real money back when you sell the stock. While you can borrow money to buy stock (called buying on margin), most people use cash so they can only lose what they invest (those who buy on margin can actually go into debt).
3) Sure can – like anything else, you can always sell what you own.
jlf 4:01 pm on August 26, 2010
1. You must open a brokerage account to buy and sell stock. There are many brokerages.
2. You bet you can lose money – up to whatever amount you have invested.
3. Yes.
Good beginners book: "Investing For Dummies"