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Aug. 31st, 2007 | 11:02 am
mood: confusedconfused
posted by: angelrose0127 in smartinvesting

ok so i am interested in investing but I don't know anything about it or even where to start looking. I'm only looking to invest a little bit at a time. I don't have a lot of $$ thanks to my college degrees. Is there a specific amount that people start with? Where would I even start? What am I supposed to look for?
Any help would be greatly appreciated
Thanks!

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from: staticx1011
date: Aug. 31st, 2007 09:23 pm (UTC)
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I first invested money when I was 19. I looked for a company that I believed in, that sold a product or service that I believed in, and I did a lot of research. Investing in all honesty takes time more so than money.

I started to invest with only $500. As I became more confident in my ability to find solid companies to invest in, I upped my stake.. but invest only what you can afford to lose.

Read the books by Jim Cramer. He can explain what to look for in companies better than anyone I've come across. It also wouldn't be a bad idea to watch his show on CNBC.

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Presenting Le Midget in Color

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from: angelrose0127
date: Sep. 1st, 2007 02:55 am (UTC)
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Thanks. I'm not sure I can afford to start with 500 but I'll definitely get those books. How would i do the research? What am I looking for?

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from: staticx1011
date: Sep. 2nd, 2007 11:44 pm (UTC)
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Sign up with an online broker... I would suggest TD Ameritrade. It doesn't cost anything to sign up or have an account, just to make trades. It should be the same for Etrade and Scottrade.

From there, you can do basic research on any stock, mutual fund, or exchange traded fund, and look at published research reports.

When you do the research... to boil it down, look for growth, look for increasing profit margins and market share, and take a look to see how much debt they are in if at all.

The usual recipe for a good stock is Growth and more growth year over year. Expanding profit margins, increasing market share, and low levels of debt.
The recipe for a terrible stock is zero growth or negative growth, less profits, and declining market share with lots of debt. In a nutshell.

The more you know before investing your money, the better your chances to come out ahead.

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