Wednesday, July 13, 2011
Stock Trading Questions?
You have to think about what your goals are. Are you trying to make a quick buck or are you in it for the long term. There is a difference between being a trader and an investor. To be an investor you don't need a lot of money at all to start. If you plan on making money day or swing trading then you will need a lot more money up front. I currently use Share builder from ING. I am a long term investor and I chose stocks that pay high dividends. Keep in mind that there are commissions that must be paid, and any earnings you make dividends or capital gains need to be reported for tax purposes. Not sure on the age question.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment