Have proposal for a first time stock investor?
I am interested in purchasing stock for the first time. What are the newborn steps I need to transport?Answers: There are 2 options for you:
1) Simply invest within an index fund, like the Wilshire 5000 index. You'll never never do exceptionally all right, but you'll also never underperform the market.
2) Do tons and tons of research to determine what stocks to buy, and when to subsequently sell them. This take a lot of time, trial and error, and mountains of research. If this interests you, I'd recommend the following websites:
http://www.vickers-stock.com/reports/fre...
http://forbestadvice.com/FanClubs/BobBri...
http://www.top10traders.com/Top10Standin...
http://www.geocities.com/kenandkindi/
You might also want to try your paw at investing on a simulator to work out the kinks within your strategy, and so that you don't lose any real money from big mistakes made while you're erudition. The following site has a free simulator:
http://simulator.investopedia.com/home.a...
In my judgment, the best thing a up to date investor can do is open a retirement vindication or start a DRIP Plan.
Both of these are long-term investments that require patience, but can greatly enhance your affluence.
DRIP's are seldom talked around because brokers make markedly little money when they suggest them. Yet, they have proven to be one of the best, if the best, long-term strategy on Wall Street.
They are perfect for small investors, as ably as big investors. They are safe and allow you to not diligence about whether the souk is going up or down.
Invest in Silver. Back within 1980, gold sold for $850 and silver sold for $50. Then, one ounce of gold ingots would buy 17 ounces of silver. Today with gold ingots near $900, one ounce of gold ingots will buy a whopping 55 ounces of silver. It seems to me that silver, contained by terms of gold ingots, is "too cheap."
The bull run for Gold and Silver has be strong since 2002 making about 40+% annually. They should both verbs to be a great investment in this type of inflationary environment brought on by the frail US dollar, growing deficit, major growth overseas, etc. We hold yet to see the crucial parabolic phase that puts a final cap on this bull run.
Once you hold a trading account, you can glibly buy and sell silver next to ticker symbol "SLV". The great thing almost SLV is you don't need to store it physically and you can trade it now.
The gold goes up, does any one know stock related to gold, paying high dividends?
Answers: you might want to try looking into gold mining companies like Barrick.
I would stay out of Gold stocks personally. However, if you have your heart set on buying them, go to :
low-cost-stock-recommendations
.com
Click on the "Precious Metals" Button on the Navigation Bar
Good Luck
Your best bet is probably to look at the companies that sell gold backed ira's. These are a good mix of stock and physical gold. It is the best of both worlds.
When you short sell, how many days do you have before you have to buy to cover?
Answers: I agree with answers #1 & 2, but to clarify #2 you should read up on what constitutes a "naked short". I don't have time to go into it right now, but i will by this weekend, if you haven't gotten an answer.
There is no time limit. As long as you have enough margin available and your broker has shares available to borrow you can leave your short position in place.