1. Your Questions About Make Money In The Stock Market
Charles asks…
How a young teen can make money in the stock market?
Can I get a few tips for buying and selling stocks? I don't want to make a big mistake and mess
everything up. Also, is the market currently up or down and what are some great stocks to buy?
The ones that will make the most money? I use e*trade btw. Thanks(:
Steve Winston answers:
Legally, you need to be 18 years of age to trade in the stock market. Unless your father/mother
trust you enough to let you choose which stocks they purchase through their accounts, you are
better of doing some small ventures and working your creativity at this age. Think of anything,
and establish it.
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2. Joseph asks…
Can schools make money with the Stock Market?
Instead of fundraisers, which are only moderately effective, why don't I ever see or hear about
(high) schools making money on the stock market? The economy/business teachers in the
school can supervise the stocks, since they know the most about this stuff.
Steve Winston answers:
The stock market is risky. Public funds rarely are placed in risky investments, even if the
investment vehicle is one of the best options out there if properly diversified.
Who would run it? Economics teachers in high school do not all understand the market. Some
might, but every school does not have investment savvy teachers. A teacher needs a bachelors
degree to teach and it does not even have to be in business (or specifically finance). Some
teachers might be qualified, but how would you determine if your school had the right staff?
Plus how would the school regulate it? How would they ensure that the money is not placed in
risky investments? How could they justify loses in investment value to the government? I have
lost money in some years and well I had to only justify it to myself.
Lastly, schools do not tend to have tons of spare cash. They have a budget they need to stick
within. They cannot just borrow from the budget to invest. Even if they wanted to, the majority of
the school's money is not available to them till they justify its need.
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3. Universities on the other hand do invest small portions of their capital (some private ones
anyways).
John asks…
I want to make money in Stock Market.?
I m interested in making money in stock market.I want to know the most reliable broker
+reffecient software which can give intraday+EOD charts.+sites which can hv interactive chat
facility.Thanks
Steve Winston answers:
Stock Options are a great place to make money in the stock market. There are a lot of free
courses on the internet. SmarTrade has a free basic options trading course and a paid
advanced course.
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4. Paul asks…
How Hard Is It To Make Money In The Stock Market?
Hi i'm new to the stock market and I don't know much about it other than the basics. I've done
a lot of research and i'm ready to begin investing.
I want to start out slow by only using around $80-$120. Is it reasonable to think I can double or
triple my money in a month if I invest smartly? Are there any sites that give tips on certain
stocks that may rise because of new products they are putting out? Thank you very much for
any help you can give me.
Steve Winston answers:
$120 isn't enough to start trading stocks. You want to put in at LEAST $1,000 or else the
commissions will be too high. Usually you pay a $25 commission to buy and again to sell. So
you buy a $100 worth of stock with $50 of commission, you have to make a 50% gain just to
BREAK EVEN. Not worth it, that's a great formula to lose money.
Save up money, research stocks as much as you can. Read articles and tutorials on sites like
investopedia.com.
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5. If you are truely investing "smartly", you won't be doubling or tripling your money, because to do
so you need to take ridiculous risks. In that case you aren't investing you are GAMBLING. By
investing properly you can make a steady 10% or more each year. You might get lucky and
double or triple your stock once, but I guarantee the next time you try it will drop by twice as
much.
David asks…
IS IT POSSIBLE TO MAKE MONEY IN THE STOCK MARKET?
If yes ....how much?
lets say I have a 1000 dollars..how much can i make in a month?
where do i learn to make money in the stock market?
Steve Winston answers:
Yes you can make money in the stock market. However, unless you are a day trader with a vast
knowledge of how things operate, one month will not be sufficient for you to make good money.
Right now it is harder to make money, because there is too much volatility, and many
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6. companies are going bankrupt. The honest best way to learn the market is to play it, invest in
some safe stocks like google or GE. Next, get a few books, or look up online what means what.
In a good month you will sound like an expert. But back to how much you will make, give it a
year, most people make on average just over 10% on their money in a year.
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