I would suggest reading "The Little Book that Beats the Market" - this is a short book that clearly explains the fundamentals of value investing. You might also want to see what the best investors are buying and selling at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Once you are confident about your knowledge of the market you can open an account at Scottrade.com and start investing real money.
Good luck.
2007-01-14 09:03:28
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answer #1
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answered by Anonymous
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This website is the best guide for getting to know the basics of stock investing. I've referred it to hundreds of clients. I am a financial advisor who provides educational guidance, not stock tips, to clients for a small fee. This one is for free as I hope my only payment will be the ten points for best answer.
2007-01-14 14:47:52
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answer #2
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answered by kosmoistheman 4
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Start by getting educated.
Read the book "Common Stocks and Uncommon Profits", by Philip Fisher. Warren Buffett ascribes to his methods.
2007-01-14 19:34:08
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answer #3
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answered by andrew f 3
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Good question. Have you read "Rich Dad, Poor Dad" or studied what other investors do? Oh, and if you're looking for stocks to invest in, check RELV on nasdaq. :)
2007-01-14 14:44:04
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answer #4
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answered by pbchristiana 1
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Open up a brokerage account and buy some stocks.
2007-01-14 17:52:51
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answer #5
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answered by Always Right 7
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Increase your financial knowledge. Fundamental and technical analysis.
2007-01-14 15:01:51
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answer #6
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answered by Dang 3
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for yourself or other people?
if for yourself, get some money, go to a discount online broker, and start investing
for other people, get a Master's in Finance
2007-01-14 14:43:45
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answer #7
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answered by Anonymous
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