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How To

How to Make Money On Stocks

Member
By Islando
User-Submitted Article
(5 Ratings)
Make Money On Stocks
Make Money On Stocks
Stockxchange

Buying stocks requires a little study patience, and nerves of steel, but if you have ever been a babysitter you already have the nerves of steel so the rest is easy. There is really nothing to it.

Difficulty: Moderately Challenging
Instructions

Things You'll Need:

  • Be observant,and read.
  1. Step 1

    Pick several companies that you like. Study their progress, good and bad but don't be swayed if the company does well and do not let good reports sway you either, just watch.

  2. Step 2

    Do not listen to the talk. There are those who will scare the pants off of the weaker investors and buy up their stock, and there goes your money. Watch the low price for the year. Wait until it goes as close to this price as possible, then buy, and ride it back up as far as your nerves can stand.

  3. Step 3

    This may take a few years so don't use money you will need. Use money you may spend on sodas or candy bars you are vowing to give up. You get my meaning.

Tips & Warnings
  • With any form of risk, never use the rent money.

Comments  

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on 5/13/2009 Thanks for the tips on making money on stocks. Every tip counts when trying to survive this economy. 5*

kskaggs said

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on 2/3/2009 Thanks!

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on 1/27/2009 Solid advice. Five stars.

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on 1/7/2009 Great article. I have been considering sinking some money from taxes into investments and stock. 5*s

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