I’m completely new to investing but I’m really interested in becoming skilled at it. Do you recommend any really good books for beginners, that personally helped you a lot?
What would you say is a good approach to learning about investing? (ie. which books should I read first, and then which ones. etc.)
Thanks (and please only give advice based on personal experience.)
TO BE READ FIRST – Investing for Dummies by Eric Tyson
24 Essential Lessons for Investment Success by William O’Neil
How to Make Money in Stocks” by William O’Neil
The Intelligent Investor, by Benjamin Graham
The Intelligent Investor, by Benjamin Graham
Beating the Street by Peter Lynch
One Up on Wall Street by Peter Lynch
What Works on Wall Street by James O’Shaunessey
Other reading can be
Common Stocks, Uncommon Profits, by Philip A. Fisher
From Riches to Rags, by I.C. Freeley
Stocks for the Long Run, by Jeremy Siegel
The Battle for Investment Survival, Gerald Loeb
Uncover the Secret Hiding Places of Stock Market Profits by Joel Greenblatt.
You Can Be a Stock Market Genius by Joel Greenblatt
Your Money and Your Brain by Jason Zweig
Websites that can provide instructions and help with procedures and terminology are Investopedia – http://www.investopedia.com/ http://www.investorshub.com/ and 1 Source for Stocks – http://www.1source4stocks.com/info/stock… or Smart Money http://www.smartmoney.com/
Visit some of the more professional websites like Zacks Research – http://www.zacks.com/ Schaeffer’s http://www.schaeffersresearch.com/ Investors Business Daily – http://www.investors.com/default.htm?fro…
Some of these web sites will have advertisers who are worth looking into also. And remember, if they offer free information, get it.
And when you think you want to invest/trade, try some paper trading to test your skills without spending you money http://simulatorinvestopedia.com/ http://www.moneyworks4me.com/
and/or http://www.tradingsimulation.com/
You at least have made the right decision to start investing, this is the first big step and it won’t be your last. Keep taking those steps forward and along the way never take the advice from people that are not in the market or try to tell you not to invest.
Good luck on journey, study hard and you’ll invest well.
Asked several times a day here. Just type “how to invest” or “books investing” in the Search Y! Answers box above and you’ll get lots of answers.
Investopedia is a good place to define financial terms and learn and you can use their simulator while learning.
Stocks Basics: Introductionhttp://www.investopedia.com/university/s…
Be sure to scroll down and look at these other topics:
Stocks Basics: Introduction
Stocks Basics: What Are Stocks?
Stocks Basics: Different Types Of Stocks
Stocks Basics: How Stocks Trade
Stocks Basics: What Causes Stock Prices To Change?
Stocks Basics: Buying Stocks
Stocks Basics: How to Read A Stock Table/Quote
Stocks Basics: The Bulls, The Bears And The Farm
Investing for Dummies is an excellent starter book, available at your local library.
O’Neil, William J.- How to Make Money in Stocks
Oz, Tony – How to Make Money From Wall Street
Rotella, Robert P. – Elements of Successful Trading, The
Schwager, Jack – Stock Market Wizards
One Up on Wall Street, by Peter Lynch
Common Stocks, Uncommon Profits, by Philip A. Fisher
Stocks for the Long Run, by Jeremy Siegel
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered, by Gallea
From Riches to Rags, by I.C. Freeley
“Which Is Better, Buy-and-Hold or Market Timing?”
“Do You Have What It Takes to Be a Market Timer
Stocks for the Long Run, by Jeremy Siegel
Lefevre, Edwin – Reminiscences of a Stock Operator
about Jesse Livermore