| Getting Rich on the Internet | | | | Not so long ago the stock market seemed as if it was |
| Is it possible to make a fortune on the internet? Think | | | | in a never-ending upward spiral. Stories were |
| about the founders of Amazon, eBay, and Yahoo. | | | | everywhere about people who took advantage of |
| They are among those who have made a fortune on | | | | stock opportunities. Many of them saved money by |
| the internet. | | | | foregoing the traditional stockbroker and doing it |
| Many websites sell systems for making a fortune on | | | | themselves. They learned about making money |
| the internet. Buying these is more likely to make money | | | | investing online. |
| for the seller than for you. A better way to get ideas | | | | If you are interested in making money investing online, |
| is to go to your local library and check out books | | | | you first need to know something about stocks. You |
| discussing how to make a fortune on the internet. Do it | | | | can make money investing online by investing in online |
| for ideas, but remember that these books were | | | | stocks and by using an online broker. Remember that |
| written to make money for the author. It doesn't mean | | | | you will be responsible for your choices. Stocks go up |
| that what they say actually works. | | | | and down, and sometimes even the pros make |
| People who make a fortune on the internet have a | | | | mistakes. If you are comfortable with your stock |
| dream and are willing to go for it. Often they invest | | | | picking skills you are probably best using an online |
| money. To make a fortune on the internet, it helps to | | | | broker instead of a real world broker. This will save |
| be among the first to identify a need, like eBay did with | | | | you countless dollars in commission. If you are good at |
| internet auctions. If your product is among the first, you | | | | picking stocks, you might find yourself making a lot |
| have little competition. | | | | more money doing it by yourself. |
| To make a fortune on the internet you have to | | | | Choosing an online broker also requires research. You |
| promote well. Yahoo and eBay are both an enormous | | | | want a broker that offers good price and fast |
| success, but they had to let people know they existed | | | | execution of your stock order. Beyond that, look at |
| to get started. If you have no traffic, you have no | | | | what the various online brokers offer and pick the one |
| customers. | | | | to best suit your needs. |
| You can make a million in the internet. Just remember | | | | Online tools that can help you with stock research |
| that it will take a lot of hard work. To make a million on | | | | include Wall Street Research, Morningstar, access to |
| the internet is not much different from making a million | | | | SEC filings, real time stock quotes, various newsletters, |
| in the real world. Identify a unique market, learn all you | | | | and sites with company research. Using these tools |
| can about it, and promote it well. From there, don't just | | | | takes time, so it helps to initially follow the old advice of |
| sit back and watch it grow. Learn from it and keep | | | | investing in businesses you know. If you enjoy this kind |
| improving to grow your client base. This is the best | | | | of research and like picking your own stocks, making |
| way to make a fortune on the internet. | | | | money investing online is a good option for you. |
| Investing Online | | | | |