Cas Thompson My Thoughts

Make More Money Investing Your Online Income

Ok, so it's not $1,000,000 but it's a start. On Tuesday I started my Sharebuilder account free trial with $500 and today I'm up to $502.43. I settled down and watched as many MadMoney episodes as possible and finally did it. I went with Sharebuilder after I did my homework. They had the lowest start up cost per dollar of any other firm and their $20 Invester Starter Kit speaks for itself.

Why stocks? Well, I needed something that I could manage online and other than real estate, it's been helping the rich get richer for years. If you make money online, why not invest it? I have committed to investing my azoogle earnings right back into sharebuilder.

If you decide to go with stocks, here are eight tips from Investing Blog that are a sure hit:

1. Buy cheap stocks that you can sell later on for a profit.
2. The more you are able to stay in tune with the stock market, the more money you will make.
3. All stocks will go up and down but you will want to make sure that this pivot is not extreme though.
4. You will never be able to figure out what makes the stock market tick so do not waste time your time or money trying to figure this out.
5. You cannot depend upon the news to tell you what is going to happen in the stock market because the market is usually several months ahead of the news.
6. The trend is what will make you your profit so you need to figure out when to go with a trend and stick it out so that you can make big money.
7. Make sure that you cut your losses quickly so that you can be successful.
8. Combine the information that you know with the risk of allowing the market to do as it will in order to make yourself a good profit.

How have you been investing your earnings?

[tags]sharebuilders, stocks[/tags]