1. Your Questions About How To Make Money In The Stock
Market With Little Money
Sharon asks…
What should I do as soon as I put $500 in a Scottrade account?
Hi, I'm looking to start investing in the Stock Market, to make a little money. I'm going to be
starting an account with Scottrade, and I was wandering what I should do once I have the
account made. My friend tells me I need to research stocks and he uses Investorshub.com, I
don't really understand what he means by research. I will be in Penny Stocks only, nothing big
as I first start out. I know a lot about the Stock Market through research and books. Basically I
need to know how to start buying and knowing what to buy.
Steve Winston answers:
Before you do anything buy a book called How to Make Money in Stocks(William J Oneil) learn
all you can, and follow the rules that you learn ! Lots of people are out there trying to give advise
on what and how to invest --99.9% of it will be bull*%$ and will benefit only them...and your
$500 will no longer belong to you, if you aren't care full. Look up the book I mentioned, you can
find it on Amazon. Good luck.
Randy
1/9

2. Linda asks…
can someone actually be cursed?what happens when things never
change and you have had enough?
hi guys~do you ever feel like the world is out to get you?im convinced it is for me,can someone
actually be cursed?like always have bad luck?i am a good person with a good heart,but its like
groundhog day for me every day the same day for years something is always going wrong for
me ,i know people say to be posative and read stuff like the secret but it dosent work work me
even when i am posative things are always a disater,i cant seem to get out of this rut so ive
given up really i cant seem to live the life i want,i dont really have friends even when i try other
girls dont want me around ,maybe because i like to dress up alot,cant seem to get the attention
of the guy i like so i have really isolated myself,drounding in debt i recently put the little saving i
had into the stock market stupidly thinking i could make a little money and it crashed on me
,the house i live in is old and needs repairs that i cant afford,everything has taken its toll on me
my parents are ill also i feel like i cant handle the pressure anymore ,my birthday is tomorrow
and i will be spending it alone sad i know,do you think when enough is enough to just give up or
even at thins stage im 30 now ,is it to late for everything to change for me,no matter how hard i
try i feel like im just meant to suffer i get no where all the time,any advice thoughts i would
greatly appreciate thank you so much x
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3. Steve Winston answers:
I think I have fu^k me written on my head !!! But I realize most of my problem is that I do not put
up with sh^t from anyone.Not employers,family,friends.Therefore I have made things tough on
myself through the decisions I have made.I am a very good person and easy to get along with
but I have these views on life that are far different than most other people.
So you have to look at your own book and find the things that may cause your dilemma and
change them or not.I've looked at mine several times and have realized what areas need to be
addressed.
Donna asks…
How would you invest...?
Hi. I just want some advice on investment options. I'm a college student with about 2,000
dollars to put into investments. I currently have two savings accounts and am looking for ways
to diversify and make a little more money (college is expensive!) from investing. If anybody
could give me tips on how to start investing in the stock market or elsewhere, that would be
greatly appreciated.
3/9

4. Steve Winston answers:
There is not a "best" form of investing. You have to determine a few things.
1- your level of risk tolerance
2- your investment goals
once you know these things you can decide between individual equities(stocks) or bonds(fixed
income) or mutual funds. Be careful with options though. They are more risky. If you have a high
tolerance for risk, than small and mid cap stocks would be the way to go. They have the best
potential for high returns in shorter amounts of time. But the caveat to that is they are more
risky. Make sure you learn how to read the balance sheets, and cash flow statements. You
need to learn about the companies. Listen to the conferance call. Look at their histories,
management, and what they are planning to do in the future. There is a lot of research and
homework that you have to do to really be sucessful with individual stocks.
If all that is not your cup of tea, than mutual funds are a better way to go as you dont really need
to do much research at all.
Lisa asks…
I'm 15 years old. I have $1000 that i want to invest in stocks. What
should I do?
I'm tired of spending my money on useless things. I'm tired of watching my friends blow their
money. I want to be financially secure one day.
I know $1000 isn't much, especially to have a strong portfolio, but if i learn how to work the
market and at least make a little return i'll be happy.
4/9

5. I was considering starting an account with etrade, but i know they charge about $12-14 a trade,
so after i buy and sell a stock thats about $24-28 of my money gone, plus capital gains tax.
If i sell a stock, and then buy another, do I have to pay capital gains on the return of the stock
I sold?
What industry/how would you invest $1000?
Any advice would be great.
IM OPENING A CUSTODIAL ACCOUNT
Steve Winston answers:
You are not too young to invest, but you will have to have one of your parents open an account
for you under the uniform gift to minors act. Once it is open you can do what you wish. If you
sell a security and make a profit, yes, you have to pay capital gains tax. The trick is to buy good
investments and not sell them. Then there is very little tax burden.
I would invest in China. CHL is 5 points off its high. Largest cell phone company in the world. No
self respecting Chinese will be without a cell phone. There are also closed end funds investing
in China. CHL and TDF are two. Both have just gone ex dividend so they are good buys just
now.
Then there is India. A little more pricy than China, but growing very fast. IIF is a closed end fund
investing in India.
Note: mutual funds have to distribute realised captial gains each year, so there is a tax burden
associated with them.
If you invest in an open ended mutual fund, there is not transaction cost at all provided it is a no
load fund. There is however, an annual expense charged, about 1.5% more or less.
5/9

6. Carol asks…
How can I become a multimillionaire Internet entrepreneur if I
never find a good enough idea and execute it?
I am 18 years old and I feel quite passionate about the idea of becoming an Internet
entrepreneur and becoming a multimillionaire. But the truth is that I have no ideas that I think
would be nearly good enough to even make a little bit of money off of them. What else could I
do about this if I still want to become an Internet millionaire entrepreneur with never having a
single good idea no matter how hard I look or analyse, in which when I think I've found
something big, somebody else has done it better than I could have thought up? Could I invest
into the stock market, make a few bob and buy out an existing Internet company and take full
ownership of the company and develop some of my own existing ideas to get it to the top of an
industry? What could I do about this? What would you recommend? Good, reasonable advice
would be much appreciated. Thanks!
Steve Winston answers:
If you don't have any good ideas and then when you think you do, you are too late or have no
idea how to execute them, you will not be an internet millionaire.
Dreaming about becoming wealthy is nice, but it rarely pays the bills or makes it so.
6/9

7. Ruth asks…
what is the term to describe how : having money makes money?
for instance, when people are really wealthy, the fact that they have money means they have a
higher ability to make more money more easily than those without money. Like, though
investments and stuff like that (a person with $1,000,000 can easily make $2,000 in one day at
the stock market, whereas a person with $1,000 could only easiy make $2...). And other
examples are banks that use things like fractional reserve banking to use the fact that they
have money to make more money. Is there a term for this characteristic of money (the
charactersitic of how having money makes money)? Or is it something that does not have a
name. I know it's a wierd question and a little vague, but I think you get what I am asking.
Steve Winston answers:
IT CALLED GOP--GREEDY GET RICHER................
7/9

8. Jenny asks…
Stock Market Put options?
I have heared about somthing called "put options" that some stock traders use in the stock
market. They profit when the stock tanks. I never knew that such a thing existed.
I can see how this kind of thing can be used by insider traders or people who control the media,
and susequently has the ability to manipulate stocks. Basically, big investors make money on
the expense of the little guys, and they get away with it. In my opinion this makes the stock
market very hard to read, and totally unpredictable?
How popular is this method of "trading". How can someone detect insider trading before stock
carshes?
Steve Winston answers:
If you own an option to buy or sell a stock, you can exercise that option any time on or before
the expiration date.
This allows you to take possession or to sell the stock at the fixed price of the option regardless
of the current market price of the stock.
For example, if you believe a stock is going to rise but don’t want to take a chance that it won’t,
you could buy a call option near the current market price. If the stock climbed significantly
before the expiration of the option, you could exercise the option to buy the stock at the lower
8/9

9. price.
You then can hold on to the stock with a built in gain or sell it and pocket the profit, less the cost
of the option, commissions and taxes.
The same technique would work with a put option or the right to sell at a fixed price for a stock
you though was going to fall in price.
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