So far in my stock funding adventure, I have only done research on how to push money into the vast world of the stock market. Sadly, I have been caught on a hitch and it will be a longer waiting period before I can even attempt to fund my project… Of course, to do this I need money and a reliable way to get money is to get a job, that is one part of the hitch. I need a job and I need it ASAP, but in order to even do that, I require my birth certificate and SSN to get my California state ID. After that is when my plan can commence, for now, it is more research.
Example ID from, https://mliesl.edu/2016/03/19/how-to-get-your-california-id-card/
Research done
Stocks are a lot more complicated than most might think. One can’t just get a credit card or savings account and then invest in a couple of minutes. So far, what I’ve learned is that most people who are serious into stocks hire a “broker” this person helps by buying and selling stocks for the person. Basically, a person will give money to a broker and with that money, invest into what they think is the best. However, there is a way to do it by yourself and it will save you money, but you will lose out on expertise and it is much harder. A person also can’t invest however much money they want, depending on the company a person is trying to invest in it costs a different amount per stock. This makes things more difficult for people who try to invest with little money in the stock market because if a company is doing well then a lot of people will invest in it raising the stock price.
Credit for Photo: http://windgatewealthmanagement.com/the-up-side-of-down-stock-market-declines-annual-returns/