So who can tell me about buying and selling shares?
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Basically i noticed the shares app on my phone, and it started to raise some questions in my head. Because every time i look at the app there are a few companies who's stocks are ALWAYS going up. So i was wondering. how easy is it to buy and sell shares? can you simply buy some shares one day and then sell them the next at a small profit assuming the value of the company shares goes up? Then i thought 'if it was that easy wouldnt everyone just do it?'
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Answer:
You can, But if your going to sell them the next day you need to buy LOTS, and LOTS of shares so you can literally make a big profit, When its going a couple of cents up. But eventually greed will take you over, Money is Evil' You will want to have more and more and eventually will trade and invest with large sum of money by time.
Milk Crate Man at Yahoo! Answers Visit the source
Other answers
Just read the last sentence to yourself!
Raysor
yup, just read your last sentence. I thinking of buying BAC (Bank of America). They are at $6ish /share and i was thinking of buying around $3000 worth. So essentially, if they go up around 50cents... you have made a decent amount in just a day.
cooolioooo
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