How can you make money now?
Well, that's the question we are all asking...The answer is to start where you are and right now! Start putting your money to work for you, that's what I'm going to help you discover in this blog. How can I do that if I only have a little to start with? That's fine, the key is starting now! Start by opening up a savings or brokerage account up of some shape and form. You could use sharebuilder.com or scottrade.com or simply open a savings account up with your local bank, preferably one with online access though. Start by putting in amounts in a systematic way. Reward yourself or make it a game by putting money in the account and try to put more away each month you do this. Once you've reached $500 you can start investing. Investing is really simple given you have guidelines to go by.
The first thing you want to start with is building a mock portfolio in either yahoo or google's finance section. This is how I started. Start by finding stocks, any stocks, and putting them in the portfolio at the time you find them at the current price you find them and start tracking them. Watch what they do from day to day.
Get these two things set up and we'll move on from there next time...
So, get your plan of stockpiling cash away set up and start your mock portfolio and you'll be ready for the next step to make money now!
Wednesday, September 10, 2008
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