so here the deal ive always wanted to strt "playing" with stock learn the ropes and such what is a good book to read or a good way to start i want to learn not just go to a stock broker and letting it be i want to learn the goods and bad and such please stockowners help me
2007-01-25 06:50:10 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Probably the best book ever written about investing is "The Intelligent Investor" by Benjamin Graham, who is the dude who taught Warren Buffett everything he knows. Granted, it's a dry read, but the newest version has some great chapter notes written by Jason Zwieg, who's a writer for Money magazine.
2007-01-25 06:59:44 · answer #1 · answered by SuzeY 5 · 1⤊ 0⤋
You can check a few internet sites like yahoo/finance, or moneycentral at msn...they usually have some spot on the page about " beginning investing".....another one is : investopedia.
Jim Cramer has a couple of books...also catch his T.V. show to see how one guy thinks about " trading"
Another program on CNBC is " Fast Money" those guys are all pretty astute traders.
.......BUT, nothing is going to make you learn like " getting in"...
log on to E-trade... fill out an application, get an account....then start looking for investments.....(if you have your money on the line you'll pay a LOT more attention.
I think you'd start by researching stocks ( also on-line)... are you going to get into the big American companies that you know?...the Procter& gamble, At&T, Boeing...slow steady money types? Get a core of holdings like that.. then look to "up" your returns on trends with companies( here and foreign) that are growing (and profitting) faster...
You'll get the hang of it and develop a style faster than you can imagine!!
Also...read up on ETF's ... investing in sectors, indices, countries in a diversified fashion ( without buying 15 different stocks)... and unlike mutual funds, you can buy as little or as much as you want
2007-01-25 16:21:57 · answer #2 · answered by jebediabartlett 6 · 0⤊ 0⤋
-Reminiscences Of A Stock Operator....every trader I know has read this.
-The Warren Buffet Way......great book
-MorningStar
-The Motley Fool's Rule Breakers, Rule Makers: The Foolish Guide to Picking Stocks
-How the Stock Market Works, How the Markets Work
2007-01-25 16:04:35 · answer #3 · answered by Scott O 3 · 1⤊ 0⤋