How do I into the stock market? I have $200 I can use now. Is that a complete fucking waste of time? If not, what should I invest in?
>>1038161
Buttcoin
>>1038161
Put it all on ASTI, bro. Thank me later
>>1038161
200$
You gotta think of your returns.
cmc no 11$ per trade, so now you're left with 189$
what increase do you need to break even?
and will you invest more before this increase? then might as well wait till you got more,
Get 1000
Save your money, the market is about to crash.
http://www.marketwatch.com/story/bearish-jp-morgan-says-sell-stocks-on-any-bounce-2016-01-11
>>1038161
1. Minimum trade necessary for brokers for you on ASX is $500
2. Cheapest is CMC, but if u want analyst shenanigans u will need to pay $15 so that is $30 buy and sell
3. Get $1000 for your first buy and have it in for a LONG time
4. Only ingest money that if it disappeared tomorrow it would no affect on your lifestyle
5. Wait for the downfall (historically we should collapse soon but the markets have been really stubborn in staying up"
>>1038361
Good advice
Also read the company prospectus that you're looking at investing in. No need to crunch the numbers like a nerd, (though some people like to) just see if you think the company is a good idea, see who is in charge and look at if they have got their shit together. You will either lose some money or gain some money due to a billion different variables, most importantly company announcements - just make sure you learn from the experience.
>>1038358
Pure speculation.
>>1038161
Commissions will kill any profit. With most brokers, you'll need at least 5% profit just to not fucking lose money.
Save a few grand, then consider trading, but even then, there's more efficient ways to make money.
