2007-08-24 07:54:31 · 7 answers · asked by raheel s 1 in Business & Finance ➔ Investing
Hello,
Go to Wall Street to start with and join a visitor tour of the New York Stock Exchange (starting every Tuesday at main entrance at 7:30 morning, cost US-$ 5,-)...or open an online account with Charles Schwab.
Read all magazines about stocks that You can buy from first to last page.
Open virtual stock depot and train for at least 6 months.
Read the book by Warren Buffet about long-term investing.
If You win there, then start with real stocks. If not, better keep Your fingers away from it. You could loose all the money...but if You can win then give it a try!
Kind regards...
2007-08-24 08:06:27 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Read and study everything you can that's related to it. Study economics, finance, business, and accounting. College level courses are ideal to start with, if you can do that. Read the finance or business section in your paper. Read through the finance section of Yahoo, too.
When you think you have a basic idea of what's going on, create a pretend account with $10,000 in it. Pick a couple of stocks you like, and "buy" them with your pretend money, and track their performance. Use your knowledge to decide when to sell them, and what to buy next. Be sure to find out when your stocks pay dividends, and factor that in, too. If you can make money this way, maybe it's time to put real money into the market.
Or...
Pick a low-cost index fund and start putting money into that every pay day. Use dollar cost averaging to buy stock every month, or every pay day.
2007-08-24 08:09:12 · answer #2 · answered by Ralfcoder 7 · 0⤊ 0⤋
http://www.investopedia.com
read the greatest book on value investing, "The Intelligent Investor' by Benjamin Graham.
2007-08-24 11:13:32 · answer #3 · answered by TC 3 · 0⤊ 0⤋
read books on stock trading. the "new market wizards" is very good
2007-08-24 08:03:20 · answer #4 · answered by m deal 3 · 1⤊ 0⤋
Columbia.
2007-08-24 09:35:36 · answer #5 · answered by Anonymous · 0⤊ 1⤋
"getting started in stocks" by alvin hall
2007-08-24 07:58:26 · answer #6 · answered by cashmaker81 6 · 1⤊ 0⤋
www.HotRateTravel.biz
Click on Investor.
2007-08-24 08:01:59 · answer #7 · answered by hotratetravel 1 · 0⤊ 0⤋