Your goal is to eliminate all debt in your life. Do not buy stocks on margin. While it may look like you are enhancing your purchasing ability, the possibility of greater loss is disproportionately enhanced as many investors discovered in the bear market of 2000. Keep the long-term in mind . The stock market has been described as a staircase.
Individual steps go up and down, but over time the staircase invariably goes up.
Choose wisely among America's leading companies which have positive cash flows, and you will reap an incredibly beneficial long-term reward. There are various methods to accumulating stocks. One of the methods most often touted as effective over the long-term is the method of obtaining stocks from the same company month after month after month. Over time, your equity in a particular company really builds up. Bear in mind that these are only my suggestions.