A couple of questions regarding investing from a rookie.?

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  • A couple of questions regarding investing from a rookie.?


Answer #1 | 19/12 2013 15:22
before getting into stock trading get some education about it, I don't see many who play with stocks making much money at it and that could be their lack of knowledge or their inability to select good stocks at any rate if you invest in mutual funds it is not the same as trading stocks, you find a reliable fund manager and the basket he manages and he will do the work for you and possibly make good money--and he can also lose it I for one am not in favor of mutual funds but I also am not versant in the stock market either you might do like a lot of teachers used to have their students do and 'play' it on a daily basis reading the stock quotes and availability, try this for a while and see how you do before you put your $4000 into anything
Answer #2 | 19/12 2013 16:44
Many brokers let you trade in a demo account. You can practice until you are ready to go with real money. Schwab has a lot of free web courses for customers. Don't know E-Trade but they probably do also.

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