Things You'll Need:
- Palm Handheld Organizers
- Calculators
- Modems
- Internet Service Providers
- Notebooks
- Writing Pens
- Computers
- Online Trading Sites
- Personal Financial Software
- Spreadsheet Softwares
- Calculators
- Notebooks
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Step 1
Monitor your stocks' prices on a daily basis, noting whether prices are heading up, down or fluctuating. Find your stocks in the newspaper or on the Internet.
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Step 2
Track performance by reading monthly statements from your broker. Use the Internet for up-to-the-minute tracking when needed. (You can create a portfolio of stocks on your personalized home page.)
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Step 3
Closely monitor each stock you are interested in (not just those you own, but those you might buy). Monitoring can help you make an immediate decision on whether to buy, sell or hold.
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Step 4
Add to stocks you like or those that are growing nicely when you have additional income to invest. Remember to diversify your investments.
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Step 5
Contact your broker by phone or the Internet to buy or sell a stock.
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Step 6
Specify the action you want to take and at what price you want to take it. Your broker will do the rest and provide you with a confirmation of your transaction when your order is executed.









Comments
jtreptiles said
on 7/4/2009 Great Advice!
sunlight69 said
on 3/11/2009 Thank you !!!!