| Making money by investing in the stock market | | | | market investment based on stock quotes for a |
| requires great discipline, patience, and a cold reasoning | | | | company in that industry. For instance, if oil and gas |
| power. When you are investing money in the stock | | | | companies are doing well, why not choose an oil |
| market, your personal feelings (other than the desire to | | | | company to invest in? |
| make more money) don't matter. You cannot be | | | | However, you also need to keep in mind that if you're |
| skittish, nor can you hold on to something with any | | | | beginning with just $100 to invest, you won't be able to |
| personal attachment when you sense that you need | | | | buy that many shares of a lot of established |
| to sell. | | | | companies-their share prices can be very high (higher |
| You should also concentrate your energies on just one | | | | than $100 for just one share). |
| stock sector (such as metals or energy) to help give | | | | One way around this obstacle is to invest in "penny |
| you mental clarity. | | | | stocks". These are stocks of companies whose |
| Some people don't have $1000 to open a usual stock | | | | shares are only selling for a couple of bucks (so it's |
| brokerage account, and they wonder how they can | | | | actually more than just a penny but the principle's the |
| make money in the stock market beginning with just | | | | same). Penny stocks can have great upward potential |
| $100. | | | | and make you a lot of money when they start to rise. |
| There are not very many stock market investment | | | | If you buy penny stocks for, say, $3 a share, when |
| accounts that can be opened for just $100. However, | | | | their share price gets up to about $15 it's a good time |
| there is at least one very good investment account | | | | to sell and take profits. |
| offered by the highly respected financial institution ING. | | | | But don't just pick any penny stock because it's cheap. |
| With ING Direct's Share Builder account, you can open | | | | Again, pick a penny stock to buy and trade in from an |
| a stock market investing account with as little as, yes, | | | | industry, such as oil, that is going great guns (read the |
| $100, and begin trading immediately. You can buy | | | | financial news). And watch it carefully. If you buy |
| stocks for as little as $4 and set up your Share Builder | | | | penny stocks at $3 a share and they go down to a |
| account to automatically buy and sell or a regularly | | | | buck a share, sell them and cut your losses. You |
| scheduled basis. | | | | haven't lost that much money because you did not |
| If you open up an account like Share Builder, you want | | | | invest that much-another great penny stock |
| to have a plan in place for how you are going to invest | | | | investment advantage. |
| the money. If you are a beginner, you should probably | | | | When you become more experienced as an investor |
| invest in a company that's listed on the Dow Jones | | | | you can buy options contracts often for $100 or less. |
| Industrial Average, the NASDAQ, or the S&P 500. | | | | Each options contract lets you have temporary control |
| These companies are considered to be pretty stable, | | | | of 100 shares of a given stock. This has the potential |
| established, and doing well. The three different indices | | | | to make you a ton of money in a very short time with |
| represent three different groups in which stocks are | | | | only a very small investment. But you need to know |
| listed according to different criteria. | | | | what you're doing first because you can lose lots of |
| Another thing to keep abreast of is which industries on | | | | money fast here if you don't. |
| the whole are doing well. You can then pick a stock | | | | |