GirlStocks ~ EasyStep # 2
Open an account
with one of the many internet
trading companies available; E-Trade, Ameritrade, Scottrade,
ING, etc. I prefer E-Trade because their customer service is
simply outstanding. Their financial screens are easy to use and
navigate, and I can buy or sell a stock in 15 seconds. All of my
stock symbols are listed on one screen in
‘Portfolios’
making it easy to spot a stock I want to
buy more of… or sell.
Note: There is usually no minimum to open an account. $200 -
$500 is a good place to start,
or more if you can
afford it.
Trading Fees range between $4 and $12. The fee is
the same if you buy 10 shares
or 10,000 shares. This fee is added to each trade, whether
you buy or sell.
‘Log On’
to your account and become familiar
with the screens.
‘Snapshot’ tells you what the company
does, who runs it, where it’s located, and gives current
company news.
‘Earnings’
shows if the Company is/was making
money, using graphs.
‘Fundamentals’
shows growth rate, # employees,
contacts, website address etc.
‘Analyst Research’
provides Analyst’s useful insight
to most stocks.
GirlStocks ~ EasyStep # 3
Find the Stock Symbol
for those companies you noted during your Life
Research. You can do this using your trading account, ‘Stocks &
Quotes Tab’, or any of the search engines (Yahoo etc). I prefer
to use Google, as other relevant info about the company will show up
also.
In the Google ‘Search Box’ type in (sample)
Beacon Power Corp, Stock
Symbol’.
Various links to Beacon will come up with the stock symbol
BCON. Beacon is a U.S. Company that designs and develops
products and services to support ‘Smart Grid’ operations for
the worldwide electricity grid.
(Smart Grid = more electrical power during peak time, and
less in low-use periods).
Check this easy math:
March 30, 2009, BCON shares
were at 50 cents. The stock went up to 87 cents in just a
few days,
a profit of 74%. I didn’t sell my shares, I like
the company and continue to buy more BCON stock whenever I can.
Note:
On my “Risk Scale” of 1 – 10 (RS/1 being the least risk) I
consider BCON an RS/6, as it is in the Design and Development Stage
(D&D), with its first megawatt Smart Energy Matrix connected to the
electric grid in Tynesboro, MA on November 18, 2008. The company may
or may not be well funded, or may need to raise more $$ in the
future. It is a good idea to research this point when considering
any stock purchase.
When the big boys jump onboard BCON it will soar,
so I’m buying now, and balance the risk with a Bank stock like
‘BBX’, (Bank
Atlantic).
Bank Atlantic is the Florida bank that was the forerunner in
staying open late and on weekends. BBX stock has taken a beating
along with the other banks, however its stock was over $15 per
share in 2008. Its management is steady, and importantly, BBX
was not mentioned in May 2009 as one of the 9 banks that need to
increase capitol to satisfy new government requirements.
More easy math:
March 31st, 2009
BBX shares were at $2.11. BBX
took a dive to 90 cents and gave me a heart attack (just
kidding)! I held tight, and on May 8th, 2009 it was at $3.84 for
a solid profit
of 81.9%. Deciding to take the profits would seem
an easy choice, however I continue to buy BBX when it dips, as
it will no doubt reach those $15 highs again, and I intend to
‘go along for the ride’.
I consider BBX a long term RS/3.
Please remember, these stocks are my personal preferences only
and are just as capable of
going
down as up. My portfolio has several U.S. stocks in wind, geothermal, clean coal, and recycling companies that are slow out of the gate.
Clean &
Green Energy is an 'emerging industry' that is just getting on its feet in the U.S., so be patient. If only I had known earlier about 'Vestas' (VWSYF), a Danish wind company now at $75.55 per share! (November 2009)
I will continue to buy these new
Clean &
Green Energy stocks for
long term, and pray for them to grow and find funding as money
becomes available again. Clean Air, Energy and Fuel benefit
all
of us worldwide. You, Me, our Families and Friends ~ Everyone!
If we can also help save the animals before it’s too late, I can
die happy.
So choose stocks you enjoy looking at and thinking about. Even
though there are great amounts of $$ to be made in the medical
industry, it’s not for me… I’m an ostrich with my head in the
sand about surgical instruments and blood cells. I like
vegetable seed companies…yes seeds!
Food is never going out of style. I like Hybrid cars, Clean coal, Wind and Solar Energy,
Water purification, Desalinization, Clean water
for Africa…and
everyone else.
Every girl likes something, and researching stocks in an
area you like is just fun!
I digress…if you do not find the stock
symbol you are looking for, it is probably a private
company and not traded on NASDAQ or NYSE. Keep a list of
the companies that you
like, as they may become public at a later date.
GirlStocks ~ EasyStep # 4
Onscreen Research:
Click on
‘Quotes & Research’
tab on
your trade account.
Type in the ‘Stock Symbol’
of the Company you want to
buy… YES, you are buying part of that Company…so choose
companies you really like.
Click on ‘Snapshot’
screen to see an Overview of the
company…
Real-time Trading Price; daily
Gain/Loss; year High/Low;
Change (Amount in $
and percent the stock is going up or
down that day); Volume; (How many shares are
being traded
that day).
Before learning more about the individual financial
screens, you will want to
decide that you do like the idea of
buying and selling stocks.
Your
Onscreen Research,
together with your
Life
Research… when you are seeing and hearing everything
around you, evaluating new trends and products that fill
a need, a niche or an itch…
these are the KEYS to finding
potential winning companies.
GirlStocks ~ EasyStep # 5
Buying and Selling Stocks:
Now for the fun part!
When you have reviewed all of the info and
decide which stock/stocks you want to
BUY...,
Log On
to
your
Trade Account home page.
Type
the
Stock Symbol in the
‘Quotes’ search box.
Click 'GO'.
You will be on the company 'Snapshot'
screen with 'Buy/Sell'
option on the right side of the screen.
Note: Whenever your stock is
on the screen there will be a 'Buy/Sell'
tab available.
1.
Click on
BUY:
A small
screen will appear with the stock
Name, + current
Market Price.
2.
Order Type:
Box should
say
‘Buy’… (If it says
“Sell”,
change it)!
3.
Shares:
Type
in number of Shares
you want to buy, e.g. 200.
4.
Price Type:
In
the dropdown, select
‘Market’. (‘Term’ is OK at
‘good
for the day’ ).
5.
Click on
PREVIEW
ORDER:
Review
Info!
Number of
Shares,
Price + Fee = Cost.
(See left bottom corner of
screen for Change/Cancel options).
Click
on
PLACE ORDER.
CONGRATULATIONS!
YOU HAVE BOUGHT YOUR STOCK!
NOW
YOU CAN DREAM…