who's does the stock market work? I want to start investing?

Question

I basically NEW. I want to invest some money on the stock market. Is there any books, websites, magazines, or whatever that can help a "new person"?

Answer 1

Well you could start off by opening up an encyclopedia and begin to learn the basics, but you'll need to know more general economic factors than the actual exchange system in order to be succesful.

Look up the stock exchange on Wikipedia.org and encarta. While doing so, have let's say NYSE.com up on another page to compare, or perhaps as you are learning the terms you could be reading the Wall St. Journal or watching CNBC. And Wall Street Journal is a must for anyone who wants to learn the market.

Once you understand the basics of the market, and have extensively studied it on certain media programs, you will still need to know a good bit of economics. Start off learning about big companies and why their shares fluctuate. Study the current markets and their futures. You definately need to learn supply and demand (it's not as hard as people make it to be).

For a quick preview: you want to buy a reasonalbe amount of shares at a very low price that you believe will increase in value due to demand of both those shares and the companie's products and/or services. You want to sell if you feel as if prices are going to fall. It's almost like gambling except for the ability to make an educated guess that you could make you sit on a computer chair for hours, leave you in the gutter, or have you laughing in your friend's faces.

Once you have an idea of what's "in" and what is going out and coming in, it's time to buy what's on the ticker.

Answer 2

The best way to learn about it is read some books and open an account and play around with it. There are a ton of books out there, I think there is even a Trading for Dummies. James Cramer's Real Money by Jim Cramer gives a good background and a lot of termanology, he also has a t.v show called Mad Money. Check out the Website's too. Type stocks in your search browser and do the research. Look up your favorite company such as American Eagle or Coke Cola and watch the prices of the stock. Buy low sell high, but you need to do your research first and watch your positions daily. Think of it as a casino, you're basically gambling your money, but this way you have a better chance of winning! http://www.tdameritrade.com have fun!

Answer 3

Go to the library and use the computer to search investing and check out the books. There are many of them out there, but the best explanation on how it works is this. When people are buying a stock the price will go up, but when people start selling off it will go down. And you will not know when this is happening until it is too late.

Answer 4

Get Jim Cramer's book, "Sane Investing In An Insane World". Also read Investors Business Daily newspaper. Very educational.

Answer 5

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_fla...
http://www.stockcharts.com
http://www.streettalklive.com>... 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

Answer 6

I suggest you to open a brokerage account at TD Ameritrade.