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Topic: Stocks  (Read 1476 times)

PGS28

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Re: Stocks
« Reply #15 on: August 19, 2013, 08:36:07 am »
I've been researching stock for over a year now and I came to the same (gambling) theory that you did that's why I decided to wait until I can afford to lose the money before I invest.  I plan on buying directly from the company but first I'll meet up with a financial advisor to compare the investing option of buying stocks to others such as mutual funds, CDs, real estate, and so on. 

Dabbling in the stock market is a lot like going to a casino and gambling.  This is because you want to buy your stocks low and sell them high.  Lot of risk involved so if this is what your doing do not invest more than your willing to lose.  Another strategy is investing for the long haul.  If this is what your doing than you want to look for good stable companies that pay a pretty steady dividend.  You also want to check and see if the company your investing in has a DRIP (Dividend Reinvestment Program) that will let you buy their stocks at a substantialy discounted rate from the dividends they pay.  This is a good cheap way to buy company stocks without having to pay brokerage fees.  The trick of course is you buy one stock through your brokerage firm and the rest through the drip program.  Naturaly your broker is not gonna like that idea since they lose all their comissions.

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