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Title: I need advice Post by: Zasypkina on May 10, 2012, 01:13:25 PM Good evening!
Any suggestions on how much money I have to have just to start stock market trading? What is the fewest amount? Title: Re: I need advice Post by: DCA on May 12, 2012, 10:54:53 AM That depends on the brokerage used. Most in Canada require a minimum balance of $1000. In a single stock I would say that the smallest amount for trading is around $500. If you are planning a buy and hold strategy it could be dropped to $100 per stock.
Although I would say that the minimum investment in a stock should grow as your portfolio grows. I think it is difficult to truly follow more than 30 stocks so I try to make my minimum investment in a stock 1/30th of my portfolio size. D Title: Re: I need advice Post by: Zasypkina on May 18, 2012, 02:18:08 PM Thank you for advice!)
And less than that? I found this: finance-forecast.c om. You can earn money on the stock market without fear of margin calls. Just predict, where you think the Dow Jones or S&P will close for a day, week or month. And what is great, that it's only 0,99$ to place your one bet. What do you think? |