you know that there are trading fees associated with the purchase and sale of those stocks right?

minimum amount to invest is typically $1,000....

The lowest trading costs are usually $7 per transaction, meaning $7 to buy and another $7 to sell. If you invested $100 you'd have to see that stock climb 15% just to make a dollar...

So it's impossible to do 1x $50 stock?

I never advised day trading, that's just silly. Especially with a low budget.

I've been working in law/finance for 5 years. Both of my parents worked their entire careers in finance, my mother was a financial planner at Merril Lynch for 30 years and my dad has been an incredibly successful investor.

Your opinions and attitudes are really quite childish. I don't base my investment decisions on internet, news, TV shows, or anything. I research every investment and have done pretty well.

My current holdings in one of my tiny accounts, all from the last 6 months:

i mean it's not impossible but you're pretty much assuring yourself to lose money

if you invested 50 bucks you'd have to see a 30% growth to essentially break even

oh. almost forgot. you also pay tax on all of this too



guns and trucks, might want to get out of those before they both tank lol

"Quantity" ?
Is that 100 stocks, or 100 shares? I get confused with the two.



I'm willing to lose $50 to see how things work.

But one thing I'm unsure of is:
Say:
I have $300 in my bank account.

I buy a $50 stock from a clothing store as an example.
If that busts, can I still lose any of my $250 that I still have in the bank, and eventually go in debt? Or all I can lose is $50?

In that account I own three stocks (Ford, National Retail Properties, and Smith & Wesson). I have 100 shares of F, 50 shares of NNN, and 100 of SWHC.

Oh ok, so what I would really be buying is shares and not stocks?

What site you are using is all up to you. Each have their own benefits. With such a small amount, the fees will generally overcome your profits.

Options are another idea if you don't have capital but know what you are doing - I'd advise you to not start with options though


As for jp2050s buy when people are selling and vice versa, it's one strategy out there that people use.

you only lose what you buy. you buy shares of a stock and those have a value tied to them at the time you purchase them

for example, if you go look right now you can see apple stock is trading at $429.76 right now. that means you'd have to spend $429.76 to buy 1 share of that stock (then you add in your $7 trader fee)

if apple goes under and that stock value goes to 0 then you've already spent your money and essentially own a share of a stock that is worthless so you've simply lost your money

it's really no different than any other day to day purchase. you buy a good for a set amount and its value will either go up or down over time