I'm in debt, but how do I invest in the stock market?

NNN0LHI

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Wed Sep-17-08 01:02 PM
Original message

I'm in debt, but how do I invest in the stock market?

http://www.suntimes.com/business/savage/qa/900772,savageqanda042408.article

April 24, 2008

BY TERRY SAVAGE

Q: I am drowning in debt. I would like to invest in the stock market. However, I do not know how to go about doing it. I would like to start investing with $100. I have never done it before. How do I start? Also what are "shares?"

A: You can't get ahead, until you get even. That is, you can't start investing until you stop paying credit card interest at 18 percent or more. You're just digging a deep hole. So please call Consumer Credit Counseling Services at 800-388-2227 -- and make an appointment, even on the phone, to talk with them first about a plan to get out of debt.

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Robbien

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Wed Sep-17-08 01:05 PM
Response to Original message

1. And people wonder why the polls are close

Edited on Wed Sep-17-08 01:06 PM by Robbien

Idjits. We are a nation of complete idjits.

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BattyDem

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Wed Sep-17-08 01:06 PM
Response to Original message

2. They want to invest in the stock market ... NOW?!?!?

Good luck with that, pal. :eyes:

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NNN0LHI

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Wed Sep-17-08 01:13 PM
Response to Reply #2

3. Its from a few months ago but still people like this make you wonder

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RaleighNCDUer

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Wed Sep-17-08 01:52 PM
Response to Reply #2

4. Hey, buy low, sell high.

Or, buy low and watch it ALL disappear.

You know that somebody is going to make a fortune out of this - but only if they know what they are doing.

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Thu May 02nd 2024, 07:28 AM
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