hey,
I just want to ask if someone knows (webpage, book) where I could start learning how to invest at the stock market, I want to start but I don't want to end up in a big failure.
thank you
2006-09-25 07:38:56 · 5 answers · asked by atlas_sigrid 1 in Business & Finance ➔ Investing
How to invest depends on what you already know. We'll assume that you're beginning.
A good primer is How to Make Money in Stocks by William O'Neil. You can get it cheap just about anywhere. It’s widely available new or used.
Another good one is one of Jim Cramer's books.
But books will only get you so far. At some point, you'll also want to get at least a little training. There are some great education companies if you want to make the investment. Investools.com or optionetics.com are both very good companies as is tmitchell.com
For free, you can start by visiting thestreet.com. That'll get you a pretty good primer so at least you'll understand what the markets are and what a stock is, etc. If you get a chance, watch Mad Money on CNBC. Don't trade any of his picks. Just use the show to get you to understand some basics and get a feel for the market itself.
Next, subscribe to something like investorsbusiness daily or something like that that can help you identify good stocks.
Do a quick search (at the top of the page) on ROTH IRAs. You’ll want to put some money in there.
Once you understand stocks, go to 888options.com. It's a website that'll help you understand options (what they do, how they work, etc). You don't need to trade them, but the more you know, the more you'll see how options can really be the safest way to invest (once you're educated).
As you get more advanced, you might want a technical analysis book like Murphy's Visual Investor or A Technical Analysis Course by Meyer.
If it's discipline (which is crucial to successful trading), probably Trading in the Zone by Mark Douglas or Mastering the Trade by John Carter
I know that’s a LOT to absorb. Just take it one step at a time for now. Start slow, then as you figure things out, move out of mutual funds into ETFs and/or stocks.
Congrats on getting started. If you have any questions, please let me know.
Hope this helps!
2006-09-27 04:36:57 · answer #1 · answered by Yada Yada Yada 7 · 2⤊ 0⤋
schwab.com Just start. No book or big thinking. Can buy an index fund or etf without that.
2006-09-25 07:43:25 · answer #2 · answered by vegas_iwish 5 · 0⤊ 0⤋
Here is a blog you might want to check out!
http://stockmarketstrategy.blogspot.com
2006-09-27 08:02:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋
http://www.invest-stock.uk.com/
2006-09-26 00:41:29 · answer #4 · answered by renireyo 2 · 0⤊ 0⤋
check this out
http://www.invest-stock.uk.com/...
2006-09-28 23:20:22 · answer #5 · answered by Anonymous · 0⤊ 0⤋