Can someone walk me through investing on the stock market for the first time please ?

Question

I would prefer a real individual path from scratch , the road you walked , the shares of xyz you bought , the difficulties you faced tec . A true step by step life time experience will do .

Answer 1

Been there, done that, made a good bit of money.

Don't mess with individual stocks or bonds until you are well experienced and well diversified, and even then not with more than 1/3 of your money. There are GOOD funds and GOOD active fund managers who don't charge that much (about 1/2 to 3/4 of one percent of your fund assets annually. They'll make more for you in good times and lose less in bad times than you will on your own. Look up Fidelity for managed funds, or Vanguard for unmanaged ones. I think a good active fund manager can be well worth the slightly higher fee.

Fidelity Investments' Will Danoff and Joel Tillinghast, and before them Peter Lynch, have all been outstanding, but some of their funds are closed to new investers. Phone and ask for a Fidelity advisor, tell him your situation and ask for his suggestions.

Answer 2

First do research like Valueline, Wall Street Jounal, Moody's books. Go to a library and get deep into stocks and bonds. Then read Peter Lynch;s book "one up on wall street", and "the wall street journal guide to personal investing."

Secondly, I learned this hard way, don't get excited or greedy, both will hurt you in the market. remain calm.

research different methods in investing. then do some make beleive investing with a company you like. just follow the company's news.

Soon you'll be an investment pro.