BUYING & TRADING STOCKS ONLINEEven regular people like you can buy and sell stocks online and earn extra income or just grow your savings a bit. You are probably earning no interest on money in your bank savings account. So why not try to grow your money rather than let it sit earning nothing for you.
There is some risk to invest money in the Stock Market, but you can easily get in on safer funds and blue chip stock companies. Funds like index funds and IRA funds let you invest a small amount of money in a basket of stocks picked by professional investors. They are ranked and you can see how they have performed over the years. These funds are safer for individual investors because you don’t have all your money invested in a single company, but invested in a bunch of companies. This means you would have a diversified portfolio that balances risk for you.
Research a bit before you make the leap to be the next Warren Buffet. Here are a few tips to get you started. Take a look at free websites that make it easy to buy and trade stocks online. There are many companies with good reputations, but always be careful before handing your hard earned money to anyone. You can research your different options and find a safe and responsible company to work for you. Companies like TD Ameritrade, Etrade, and Scottrade are low cost brokers for individual investors. Check out Financial Companies like them to learn more and start earning interest and become an investor on your path to financial independence.