Posted by: kanchi_on_ws February 4, 2014
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Hi newbie,
Before you open a brokerage account. You should try out Investopedia Simulator which will help you alot. You will start out with 10000$ virtual money and market data is 20 minute delay. The brokerage fee on the game is on higher side, but hey it is not real money. You should stick to it for a month or two before you venture out in real world. Do read, "The Bogleheads' the guide to investing."
I am used to scottstrade and you can use scottrades knowledge center as good online resource center.
My personal opinion is no one can predict the market but the best we can do is make educated guess. There is no shortcut and leave no stone unturned on learning and research before you start to invest.
Before you open a brokerage account. You should try out Investopedia Simulator which will help you alot. You will start out with 10000$ virtual money and market data is 20 minute delay. The brokerage fee on the game is on higher side, but hey it is not real money. You should stick to it for a month or two before you venture out in real world. Do read, "The Bogleheads' the guide to investing."
I am used to scottstrade and you can use scottrades knowledge center as good online resource center.
My personal opinion is no one can predict the market but the best we can do is make educated guess. There is no shortcut and leave no stone unturned on learning and research before you start to invest.