Ever wanted to invest in stocks but didn’t know how to go about doing so? Wall Street is a very risky business! You can lose all your investments all in a matter of seconds. Not to mention you don’t know which stocks to choose or how well they need to perform before u pull out and sell. Reading and watching YouTube videos about what strategies to use won’t help you for long. Trust me. Most stock analysts will tell you to diversify you’re invents for example: gold, oil, grains (food), technology etc. This all sounds perfectly logical in theory but in reality you won’t be able to keep up with all the news and current events that might have an effect on the prices of your stocks. Stock analysts and experts all agree that a total of 15-30 stocks from different companies and sectors will balance you stock portfolio. If one stock is performing while others are losing value you will have less risk and loose less money. This approach will take a long time to truly nourish and turn into true income. If you invest $20,000 in 15 companies each share of stock per company will be small depending on the price, per share per company invested. If a stock goes up by 10cents you will gain at most $50 on that stock. Now let’s say you buy $20,000 worth of stocks from 1 company and that said company’s stock value rises by that same amount 10cents then you are looking at a maximum of $2000 gain. Of course the price per stock from the company also plays a part in the overall gain because the more expensive the stock is per share is the less stock you can afford to buy so go after cheap companies with strong track records.
Before you go out and use "real" cash to buy stocks and become a trader/investor i will advise you to go to www.vse.marketwatch.com this is a virtual stock exchange website in which you can join games that last up to 20 years. The rules are simple; each game gives you a specific amount of money to start investing in stocks. In order to win you will need to have the highest amount of money or equity by the end of the game. This is exactly like doing things with real cash the only difference is; it’s not real cash, its virtual money. The stocks you choose to invest in are real. Their values and prices are real and up to date. How they perform throughout the day will be reflected on your stocks value in real time. They provide you with a very detailed background for each stock and the company, its past performance and even a bar which tells you if it will do good in the future these tools will help you gather research. I hope this information will help you on your way to becoming wealthy. Please comment if you have any questions.
Links: http://vse.marketwatch.com
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