Where is the Stockmarket?
Go to the Gamesroom, scroll down and click on the greasy haired Chia that's holding a cellphone, with the title Stockmarket.
Or simply click here.
Before you start make sure you have at least 100.000 np that you don't need in a long period of time. If you don't have that amount of neopoints don't invest in the Stockmarket.
The Stockmarket ties up your cash and it takes a while to realise a decent profit. Build up your cash with games and restocks before you start investing.
The Neopets Stockmarket is the same as a real stockmarket. You can buy shares in different companies and if the companies do well your shares will be worth more.
But there is one big difference between the Neopets Stockmarket and the real stockmarket: the Neopets Stockmarket is "random". Volume doesn't affect stockprices,for example if you buy shares from the company AAVL it won't make the price rise, same is for selling it won't make the price drop. Also buying something that a particular company makes, for example BOOM produces Boomboxes, won't make the price the go up.
Investing in the Stockmarket is a long time investment. It takes a while to get a decent profit from your stocks. You should be very patient, stocks fluctuate alot. Don't freak out when your stocks drop alot, bankruptcy doesn't happen that much, so the chances are they will rise eventually.
A company can choose to offer a percentage of itself to the general public. This means everyone can invest in this company if they want to. When you want to buy a portion of a company you need to buy a share. A share is a a name given to that portion of the company. This doesn't mean you own the company, it just means you have invested in it.
Your shares won't go to Your Items, because it's not an item that you have. You can't sell it to anyone, except to Nigel the Stockbroker.
Unfortunately there are some rules for buying shares, you can only buy 1000 shares a day and you can only buy shares that sell for 15 NP or more.
You should always try to buy 1000 shares a day. You could either split it or buy from one company. My advise is to never buy less then 500 shares from one company.
You should always try to buy shares that are selling for 15 NP or 16 NP. That way the chances of losing neopoints is minimized and the chances of profit will be maximized.
When you want to buy shares click on Find Stocks and then click for the full list, or you can click here. You will find a list of all the companies you can buy shares from.
To make it easier here's a list that shows all companies that trade their shares for 20 NP and less.
When you buy shares they will go to your portfolio. A portfolio shows all the stocks that you bought. I'll explain to you how your portfolio works.
Icon: shows the picture of the company.
Ticker: is a quick way to look up a company, each company has their own unique ticker symbol.
Open: shows the opening price of that particular stock.
Current Price: shows the how much it is worth now.
Chg: Change: shows how much the price difference is between opening price and current price.
Qty: Quantity: Shows how many shares you bought.
Paid: shows how much you paid for it.
Mkt Value: shows the value of that particular stock.
% Change: shows the % change between the current price and what you paid for it.
Make sure your portfolio is diversified. It means that you hold as many different companies as possible. In my opinion a good portfolio holds at least 5000 shares of every stock. That way risking to loose all your neopoints when a stock goes bankrupt is minimized. Therefore is a diversified portfolio better then a portfolio that just holds one company.
Selling is a personal thing, I can't tell you when the perfect time is to sell. The easiest way to sell is to set a sellingpoint for yourself, for example my sellingpoint is at 60†. I only sell when the price reaches 60 or more.
Here are some strategies that can help you with selling:
* Early investors sell on a 5 point gain, a quick, small profit.
* More experienced investors sell at 30, a longer wait for a medium profit.
* The most experienced and patient investors sell at 50 or higher, a very long wait for a big profit.
You should never sell at a loss! Just be patient your stocks will rise eventually.
NOTE: Everytime you sell shares Nigel the Stockbroker asks for a 20np comission. A commission is a fee that someone charges you for using their service.
If you want to sell click on the grey arrow next to the picture of the stock, like it's showed on the image beneath.
Once you clicked the grey arrow this will appear:
All you have to do is type the amount of shares you want to sell in the box and scroll down to the bottom of your portfolio to click on "Sell Shares"
Daytraders buy a stock that's really high (30†) and try to sell it later that day for more NP. I know daytrading may look interesting, but it's full of risks. Yes, stocks above 30 tend to rise faster, BUT they also tend to drop faster!
Don't daytrade unless you have enough experience with the Stockmarket, it's too much of a risk and you could lose thousands of neopoints.
Yes, some stocks do go bankrupt. It's a rare thing, but it happens. When a company goes bankrupt you will lose all the NP you invested in that particular company.
Some people believe that bankrupt companies can go up again, but since I have never seen that happen, I just don't believe it.
Latest bankrupt company: JCK.
The Stock Tips Board
The Stock Tips Board is an excellent place where you can go to talk about stocks. Ask other people if they sold yet or which stock to buy. The people there are more then willing to help you. It's a fun place with nice people!!! Want to go and have a look click here.
Still have questions?
If you still have questions feel free to neomail me.
It might take a while before I answer because I'm usually only online on weekends, but I'll get back to you as soon as I read your neomail
Feel free to link back to this Stockmarket Guide.
NEOPETS, characters, logos, names and all related indicia
are trademarks of Neopets, Inc., © 1999-2013.
® denotes Reg. US Pat. & TM Office. All rights reserved.
Use of this site signifies your acceptance of the Terms and Conditions