Thursday, October 05, 2006

Getting Involved In The Stock Market

You don't have to be a financial wizard to know that your money isn't going to earn a very high rate of return while it's just sitting idly in your bank account. Sure, it's safe in there and you're not going to lose it. But you'll never get rich that way, either. In order to increase your net worth so that you'll be able to pay for things like a home, your children's college education, vacations, and retirement, you should consider learning about stock market trading.

According to most estimates, you can expect to earn an average of 10 to 12 percent annually from stock market trading -- even with a very conservative portfolio. When you compare those returns to the three or four percent interest that the typical savings account pays, you can easily see why stock market trading is the better option.

Getting involved in stock market trading is very straightforward and uncomplicated. All of the major brokerage firms maintain websites that make it easy to compare rates and fees. You can just sign up with one of these firms, talk to a broker to discuss your financial goals, and then let the firm do all the work. If you want to be more hands-on, there are even do-it-yourself stock market trading websites where you can make trades with just a few clicks of the mouse. Whichever route you choose, you should be able to start building your portfolio within a few days.

Read more about getting involved in the stock market.

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