basic info. about how to get started and where to invest
2007-11-04 11:11:00 · 7 answers · asked by edgardbonilla 1 in Business & Finance ➔ Investing
Books: "Investing For Dummies"
"Stock Investing For Dummies"
Tutorials: www.investopedia.com
www.morningstar.com
2007-11-04 11:19:42 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Read some books by some of the most successful investors in recent history: Warren Buffet(Berkshire Hathaway), Peter Lynch(fidelity Magellan Fund), William O'Neil(Investors Business Daily), Jim Cramer(Mad Money). Each has different perspectives. Buffet looks for undervalued stocks. Lynch says the key is stay invested. O'Neil uses "canslim" method, etc... Cramer uses fundamentals and ratchets into and out of stocks. Only until you've read and understand these would I then open an online account with OptionsXpress and put $10K in a fake money account and start fake trading and once you consistently get to the point to making that $10K grow, then start trading for real.
2007-11-04 12:25:25 · answer #2 · answered by Supra1Q 4 · 0⤊ 0⤋
"everything there is to know" would fill more books than you have in your entire house.
Further, 20% of them would contradict at least 20% of the others.
In the world of trading, advice is worth what you pay for it.
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Free -- start with a simple market index following mutual fund. One of the Vanguard offerings (lowest costs in the industry) will do fine.
Then start learning in earnest. Read on their website. read financial newspapers at the library. then start reading books on investing, also from the library.
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Your goal is to get started. Worry later about picking stocks or funds well. Worry later about exits.
When you think you know a bit, build a comprehensive financial plan -- that's the one that goes from now through the rest of your life and includes everything.
GL
2007-11-04 11:24:26 · answer #3 · answered by Spock (rhp) 7 · 1⤊ 1⤋
Open a brokerage account at Zecco and I will help you for FREE. (I am a Portfolio Manager with over a decade of experience in the Stock Markets)
2007-11-05 06:25:15 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Tons of free information all over the internet just start reading and learning. Below are a few sites to start with:
2007-11-04 12:07:13 · answer #5 · answered by Anonymous · 0⤊ 0⤋
If you want to put in little effort, then do what the other users have suggested. You'll most likely make small returns.
If you want to make a full time job out of it, read Benjamin Graham's "the Intelligent Investor". You'll most likely make substantial gains.
2007-11-04 12:05:44 · answer #6 · answered by tronic687 1 · 0⤊ 0⤋
Buy low.
Sell high
2007-11-04 11:45:44 · answer #7 · answered by Ranto 7 · 0⤊ 0⤋