Oh.
I like the low cost internet trading companies.
Pile up some cash, and send a check – to the house of your choice: scottrade, others. (make an account first of course)
You will need to know the future. I prefer direct witchcraft, while others work hard and study the market.
you might want to explore www.clearstation.com. I learned a butt-load about markets and reading charts there.
Remember, beginning traders generally suck and make big mi$take$. Don’t use margin.
Don’t use a single stock.
Diversification means NOT putting your eggs in one basket.
Don’t follow fads. You will generally be the hindmost as hinted at above.
Trading can be addictive fun, and you can even lose your shirt as a bonus. Do not do options, or anything other than stocks initially. Do not attempt to use the market as anything other than a gambling house, until you sharpen your teeth.
Keep a job, save wisely. This is play money.
If you have big money, you can afford an adviser and need one.
If you are poor like me, then make plan$.
Remember, the world economy will collapse and we will all be dead shortly, so this is all just for fun, make millions. It doesn’t matter.
How do you buy a particular stock? –
– say you have 5000 in td ameritrade. You wake up one morning and decide you will get rich buying tulip stock . com. (tulip is a joke comparing a certain stock to the Amsterdam tulip bubble several hundred years ago).
In the web page you open the “buy” window – buy – 100 shares tulip.com – then voila.
It says to you – “you just got pwned with 100 shares of tulip at more than you wanted to spend. hahah sucka”
Just kidding. It will confirm.
Then the next day if the price goes up 100% you sell your shares the same way and you have more money to use in the gambling hall.
so much fun, and it’s even legal.
A lot of accounts need a minimum of 500$ to 1000$. trades cost 7–14 per transaction. Many of the houses will give you advice etc, but you will need to learn.
A mutual fund is a good start. You could pick a fund with a “green” philosophy – but I surely would diversify.
You should learn about dollar cost averaging. If you put the same number of dollars in every month come hell or high water, you will buy more shares when the price is lower (same dollars buys more shares) – actually this beats the stats of most other methods for beginners, and a lot of “experts” too (like myself).
Market timing and mania prediction is such destructive fun. You have to like storms and bad weather, blood and shrapnell to be into it. It’s not for the faint of heart.