The Stock Market
Most of you know that my brother is a big part of my life. We are both divorced and about five years ago we decided to buy a place together and rebuild our lives. We bought three acres and a used trailer and started work on the place. Shortly into our quest, I was laid off from my job and he was left with the burden. He stepped up to the plate though and kept paying on the property and kept making improvements. He’s a good man. Today, the property is paid for and the trailer has gone from being a piece of junk we paid $2000 for, to a nice place that’s paid for. I can’t tell you what a good feeling it is to know that your home is paid for and that you don’t have to worry about loosing it no matter how bad things get.
I work and pay my own bills here which isn’t much since it’s just the utilities and I am good about controlling them. He stays out on the road working so I basically live alone. We were talking yesterday and he has built up a nice chunk of savings and wants to continue to invest his money. He’s got a lady friend now and is contemplating buying a house with her, something out of the foreclosure market and get it paid for quick like we did with this place and that will give him two homes that are paid for. That’s great. That move will be on him and her.
However, he wants me to start studying because he wants to invest in the stock market and he wants me to do it for him. Now I’m excited. There’s a lot to know about the stock market though. It’s not something you can just jump in to and get anywhere. I do know people that have done really well with it though that I would never have thought were capable of figuring it all out. My ex being one of those. So, if he can do it and a couple of other people that I’ve known can do it, I know I can.
I started last night just going through a couple of the online trading sites like Scott Trade and TD Ameritrade. So far of those two I like TD Ameritrade better. The site tools and education seem much better and the education is what I’m really after right now. I won’t have a ton of money to work with but I will have enough to make it worth my time to start learning what I’m doing.
So, if anyone already trades online and has any pointers or suggestions, I would love to hear from you! It would be nice to have someone to ask my questions to.