Archived Is there a subverse to learn about how stocks work and how to start using them? (whatever)
submitted ago by Peynus
Posted by: Peynus
Posting time: 4.9 years ago on
Last edit time: never edited.
Archived on: 2/12/2017 1:51:00 AM
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30 upvotes, 0 downvotes (100% upvoted it)
Archived Is there a subverse to learn about how stocks work and how to start using them? (whatever)
submitted ago by Peynus
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[–] PraiseIPU 0 points 7 points 7 points (+7|-0) ago (edited ago)
You are going to get fees no matter what.
The smaller the transaction the bigger the bite out of your assets they will be taking percentage wise.
a $100 trade is worth less than pennies to any broker. Really need $1,000 to make anything significant.
http://www.fool.com/ has more info than you can read in a lifetime.
/v/investing
[–] Peynus [S] ago
So I should read up on, and practice simulations before ever spending anything, then take the plunge for £100s?
[–] billdred 0 points 1 point 1 point (+1|-0) ago
Stay out of stocks. Way to volatile. Go with something that has guaranteed return, like a MYGA. Some of them have 3% guaranteed returns. Liquidity is a little lower, but you can't lose any money.