I Have Been To Two Websites
sharebuilder.com and sogoinvest.com but i do not know which website would be better to join. i would like some tips or websites that i could look at and learn more about investing.
2006-08-19 04:50:10 · 10 answers · asked by STATIX 1 in Business & Finance ➔ Investing
Start slow. Ready "how to make money in stocks in good times and bad" by the founder of investors business daily William O'Niell (can pick up 2nd hand cheap)
Watch Cramer (Mad Money) on CNBC to get a sense of the market and what's fundamentally sound (I said watch it, not invest in those stocks), but they give you a starting point.
Read your busines section to get a feel for what's going on in business.
Get some education, maybe investools.com or something like that who can teach you to invest properly so you don't have to rely on mutual funds and the sort which is for average folks who don't want to take their future into their own hands. Once you do this, you'll be able to analyze charts in seconds.
But it's up to you. Decide how involved you want to be in your future and that'll help dictate your path!
If you have any q's, just let me know.
2006-08-22 20:41:38 · answer #1 · answered by Yada Yada Yada 7 · 1⤊ 0⤋
Invest in an Index Mutual Fund. If you really feel the need to be in the game...find a full service broker. Just remember...they only make money when you make a trade.
Start reading...Jim Cramer's book is actually very good. It gives some basics but you'll still need a lot more than that. Check out The Motley Fool web site and books too.
2006-08-19 12:12:49 · answer #2 · answered by vickit447 2 · 0⤊ 0⤋
This website has basic information and member discussions.
You'll get a tremendous amount of free information and peers willing & able to answer questions on the general stock market as well as specific stock offerings.
2006-08-19 05:27:21 · answer #3 · answered by chancethepug 4 · 0⤊ 0⤋
Try investing in mutual funds before you burn your fingers. They will teach you a lot about stock trading. A fund advisor will help you.
Too many people are lured by the high returns in stock markets but most end up in losing everything. Go slow and gradual.
investopedia.com should help you
2006-08-19 05:24:00 · answer #4 · answered by king_con 3 · 0⤊ 0⤋
The place to start is the American Association of Individual Investors. Good, unbiased information.
And while you're looking for it, look at magicformula.com for a simple but reasonable idea.
Whatever you do, remember that stock brokers are first salesmen, and only a distant second advisors.
2006-08-19 08:59:50 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Beginners should always start with mutual funds. An index tracker.
If you read the reports they will be sending you, you will see the way they are thinking and you will learn. Also buy a good daily newspaper and read the financial pages.It is a pleasant way of learning.
2006-08-19 13:49:15 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Check out the book Trader Almanac by JEFF HIRSCH
yes, you should learn 3 things:
fundamental analysis( economic report,management,competition,... tell you what to buy
TECHNICAL ANALYSIS( CHARTS+ technical indicator) tell you what to buy
sentiment analysis (bull/bear ratio, put/call ratio) tell you how moody investor can affect your investment too
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
2006-08-19 18:17:13 · answer #7 · answered by Hoa N 6 · 0⤊ 0⤋
Investopedia.com
2006-08-19 20:40:26 · answer #8 · answered by ulchka 3 · 0⤊ 0⤋
You need to hit the library first. But some good web sites are
www.morningstar.net
www.schwab.com
yahoo finance
2006-08-19 04:55:37 · answer #9 · answered by snvffy 7 · 1⤊ 0⤋
I found lots of good information here.
2006-08-19 04:56:56 · answer #10 · answered by Anonymous · 0⤊ 0⤋