Understanding stocks and how to invest - KCBD NewsChannel 11 Lubbock

Understanding stocks and how to invest

(KCBD) -

Understanding the stock market can seem confusing and nerve-racking, especially during times when there are drastic up and down fluctuations. 

Eric McDonald, the founder of McDonald Capital Management, says that doesn't need to be the case. Adding that, during times where investors are seeing a sharp up, they can expect a sharp decline as well. 

"The recent downside volatility that we've had really just took away the upside volatility that we've had really since Christmas," he says, "So... the only people who have lost any money, are people who have put in money here at the very end."

That is because, eventually, the market needs to stabilize, meaning it can't always stay on the rise. 

But for those who have never invested before, McDonald says it's really not that hard.

He says future stock market investors first need to decide how much they want to invest because this will help them decide which stock to invest in, and which paths to take.

Next, he recommends doing your research and using websites like morningstar.com.

Then investors need to look at all investment options which include brokers, investment advisers, or apps like Robbin Hood.

And the final step is to start investing, and always stay updated with your stocks, 

Copyright 2018 KCBD. All rights reserved.

  • Local News on KCBD.comNewsMore>>

  • Florida shooting survivors in capital, demand action on guns

    Florida shooting survivors in capital, demand action on guns

    Wednesday, February 21 2018 1:43 AM EST2018-02-21 06:43:29 GMT
    Wednesday, February 21 2018 8:45 AM EST2018-02-21 13:45:54 GMT
    Students who survived the Florida school shooting are preparing to flood the Capitol pushing to ban the assault-style rifle used to kill 17 people, vowing to make changes in the November election if they can't...
    Students who survived the Florida school shooting are preparing to flood the Capitol pushing to ban the assault-style rifle used to kill 17 people, vowing to make changes in the November election if they can't persuade lawmakers to change law now.
  • The Latest: Dutch claim Olympic bronze in men's team pursuit

    The Latest: Dutch claim Olympic bronze in men's team pursuit

    Tuesday, February 20 2018 8:12 PM EST2018-02-21 01:12:24 GMT
    Wednesday, February 21 2018 8:43 AM EST2018-02-21 13:43:44 GMT

    The Trump administration says Vice President Mike Pence was ready to meet with representatives from North Korea during his visit to the Olympic Games in South Korea but that North Korea canceled at the last minute.

    The Trump administration says Vice President Mike Pence was ready to meet with representatives from North Korea during his visit to the Olympic Games in South Korea but that North Korea canceled at the last minute.

  • 'America's Pastor' Billy Graham dies at 99

    'America's Pastor' Billy Graham dies at 99

    Billy Graham, America's most prominent Christian leader, was the pastor to both presidents and everyday Americans. Graham preached to nearly 215 million people around the world.

    Billy Graham, America's most prominent Christian leader, was the pastor to both presidents and everyday Americans. Graham preached to nearly 215 million people around the world.

Powered by Frankly