This is for Africans who are living in the Caribbean and want to begin to start investing into American companies that are publicly traded. Understand that investing in the stock market is risky and I can’t guarantee that you will not will lose money. This is simply to help you start investing and there will be a learning curve for you as you begin to take control over your financial future.
There is no cost to open a TD Ameritrade account but it will be fees and commissions for your online broker as you begin to trade. You will need a credit card or a prepaid credit if your credit is not in good standing to start so you can make your first purchase of stocks.
I define a MicroHedge as a small starting investment fund of 500 to 1000 dollars. And to gradually overtime add to your fund when you can.
If you choose to open up your own personal trading account/MicroHedge you will need to stay informed on what is going on in the markets. I recommend you signing up for a FREE account on Seeking Alpha where you can you look up stocks and see how they are performing and also create your own TEST RUN stock picks. There is no cost for a basic account and its not cost to see how well your stock picks are doing.
Above: This is how seeking Alphas Basic Screen Looks. On this screen to the left you can look up stocks, see how they are performing and also get instant market news at the same time.
Zero Hedge is another great resource to find out news on how the world is moving.
Depending on your own personal interest you will want to read and investigate journals, news and read publications about new IPOS, technology break throughs and also scheme through the Policies of the USA in order to try and see what would be smart to invest in now.
I hope this helps you get started. If not do some research online on investing.