2006-07-28 14:45:00 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_flash.htm.
http://www.stockcharts.com
http://www.streettalklive.com>>>streettalk university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 71,000.00 and 30000.00 in taxble account. by follow simple rule
2006-07-28 20:04:46 · answer #1 · answered by Hoa N 6 · 0⤊ 1⤋
There are a lot of books that have been published on the subject. One that is supposed to be a good beginning book is Investing for Dummies. Your local library is likely to have a good selection.
There are certain things that many beginning investors fall prey to. 1. buying speculative stocks 2. not buying for the long term 3. buying stocks based on hot tips without doing any research. 4. holding on to loosing positions too long.
I have done them all so I know what I am talking about.
Start doing your research.
2006-07-28 23:21:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If you do not have insider tips, you are likely to lose money in the stock market. I have lost money before in this market.
Only if you have a lot of time to spare, and you can monitor the stock market at least once every hour, then you may consider going into the stock market.
Why not invest in unit trusts/mutual funds ? You need not monitor it so frequently and you get professional fund managers to allocate your funds.
2006-07-28 21:51:48 · answer #3 · answered by Simple 7 · 0⤊ 0⤋
I think there is some guy on Msnbc, or one of the news channel's that discusses issues of that kind in the evenings. My step brother is a stock broker and watches him, but you should know the language to understand him. I don't so i cant help. I think it is called money talks. Sorry for a crap answer.
2006-07-30 13:40:43 · answer #4 · answered by mike c 1 · 0⤊ 0⤋
Watch jim cramers mad money on cnbc and buy his book real money sane investing in an insane world. It helped me a lot. Then go to sharebuilder.com for dollar cost averaging investments.
2006-07-28 23:46:32 · answer #5 · answered by ioseflemmor 1 · 0⤊ 0⤋
Well, people actually go to college and business school (some even into PhD programs) for that... An online course is unlikely to do you much good...
2006-07-28 22:01:33 · answer #6 · answered by NC 7 · 0⤊ 0⤋
The fool school can help you
2006-07-28 21:49:34 · answer #7 · answered by Cat 2 · 0⤊ 0⤋
I use www.sharebuilder.com look into.
2006-07-28 22:26:24 · answer #8 · answered by Anonymous · 0⤊ 0⤋