If so how did you educate yourself when it came to stock markets?
2006-12-29 20:30:34 · 5 answers · asked by Ridin' Dirty 2 in Social Science ➔ Economics
Reading the Financial Review each day and following the stock market
then if you invest in any stock/shares, its more of a good reason to keep your eye on it, as you want to see how you are tracking..
its really great to get into :D
2006-12-29 20:34:24 · answer #1 · answered by DeeDee 5 · 0⤊ 0⤋
You need to research online. Learn how to read Balance Sheets, Income Sheets,ect. Yahoo Finance
Do not start with penny stocks. Find a broker and at least get a blue chip stock that will be safe until you get the hang of it and learn. Good Luck
2007-01-01 01:08:12 · answer #2 · answered by Kevin H 3 · 0⤊ 0⤋
If you are serious, there are tons of things you can read. Don't necessarily take their advice -- most sources of information are tied to people giving advice. Take the information, not the advice, learn enough to think for yourself.
But read Money Magazine and Kiplingers; read through an occasional Investor's Business Daily; go to the Motley Fool website, www.fool.com. Go to Amazon.com and look up a few books from Peter Lynch -- informative good reads about stock investing. That will keep you busy for awhile.
2006-12-30 15:41:06 · answer #3 · answered by KevinStud99 6 · 0⤊ 0⤋
Read books on it, requested prospectus' from companies and got into some "direct stock purchase plans" and followed them to get a better feel.
Opened an account with a broker and jumped into penny stocks.
Opened an online discount broker account to start trading all by myself.
Easy easy !! : )
2006-12-30 16:28:35 · answer #4 · answered by Kitty 6 · 0⤊ 0⤋
You need good book first but nothing can replace your trading experience. Go to trader`s places like elitetrader.com and ask experienced investors.
2006-12-30 12:12:38 · answer #5 · answered by efpol2000 2 · 0⤊ 0⤋