What are the best resource out there for a beginning, hobbyist investor?

Answer 1

Here are a few things that come to mind.

1- Read some of Warren Buffet's letters to Berkshire-Hathaway shareholders in the annual reports. These are easily accessed on the B-H web site. WB gives excellent insights into what makes good investments.

2- Read an annual report or two from the Baron Funds. Ron Baron also gives valuable insights in what he looks for in companies' stock he buys and sells.

3- Worthwhile publications: Barron's, S&P Outlook, Value Line, and consumer mags like Smartmoney and Money and even Forbes. The mags should be taken with a huge grain of salt, but between their hyping the latest investment stories, they do provide good basic information. I read Barron's and find it helps me. I get S&P Outlook through my broker. Outlook and Value Line are probably available at your local library.

4- Peter Lynch's books are well-regarded. Can't think of their names at the moment.

5- Consider joining the AAII (aaii.com). They are dedicated to the needs of individual investors.

That should get you started.

Answer 2

First check out the book Stock Traders Almanac by JEFF HIRSCH
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 74,000.00 and 30000.00 in taxble account. by follow simple rule

Answer 3

An investment club.