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re: New to stock market, advice on my purchases, advice in general
Posted on 6/22/17 at 8:04 am to MaHittaMaHitta
Posted on 6/22/17 at 8:04 am to MaHittaMaHitta
To be honest, I think it's pointless to even invest with that amount of money. Let's say this stock you're in "soars" and goes up 40% (this is a pretty big increase) from .25 to .35 per share.
So now you have made .10/per share and at 200 shares that's $20.
Not really worth it since stock prices don't usually increase by that amount unless something big happens.
So if I were you I would take the $51.25 you invested, go buy a book and read up on stocks and learn how to analyze charts before you really start investing.
So now you have made .10/per share and at 200 shares that's $20.
Not really worth it since stock prices don't usually increase by that amount unless something big happens.
So if I were you I would take the $51.25 you invested, go buy a book and read up on stocks and learn how to analyze charts before you really start investing.
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