So I want to start investing in the stock market but have no clue about it. I want to do some research. I am a freshmen in college so my vocabulary isn’t the best. People have suggested I read investing for dummies. Any thoughts?
Posted on 12 June 2013.
So I want to start investing in the stock market but have no clue about it. I want to do some research. I am a freshmen in college so my vocabulary isn’t the best. People have suggested I read investing for dummies. Any thoughts?
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Posted on 12 June 2013.
Before you spend $0.01 on any investment, you must know what you’re doing, why you’re doing it and how to do it. Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself.
Begin your education by learning why you should invest and the importance of being able to make your own decisions or how the pro’s make theirs. Start your education by reading “Investing or Dummies” by Eric Tyson.
To continue your education select some of the following
Beating the Street by Peter Lynch
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered, by Gallea
From Riches to Rags, by I.C. Freeley
Millionaire Traders, Lein & Schlosberg
How to Make Money in Stocks” by William O’Neil
24 Essential Lessons for Investment Success by William O’Neil
The Intelligent Investor, by Benjamin Graham
Common Stocks, Uncommon Profits, by Philip A. Fisher
One Up on Wall Street by Peter Lynch
Stocks for the Long Run, by Jeremy Siegel
The Interpretation of Financial Statements by Benjamin Graham
The Lazy Person’s Guide to Investing by Paul B. Farrell
The Warren Buffett Way by Robert Hagstrom
Trading for a Living, by Alexander Elder
Uncover the Secret Hiding Places of Stock Market Profits by Joel Greenblatt.
What Works on Wall Street by James O’Shaunessey
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.
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Posted on 26 May 2013.
I have no prior knowledge but it is something I want to get into.
What are some good books that are meant for beginners/people with no prior knowledge?
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Posted on 22 May 2013.
I need very informational books. Not like Rich Dad Poor Dad. I want a book that really explains how to be an investor and broker. Thanks
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Posted on 11 May 2013.
Im looking for a book that will teach me the basic principles and fundamentals and show me how to and whats best to invest in and just everything that needs to be known before jumping into the investing world?
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Posted on 01 May 2013.
What are some book recommendations for stock market investing. I’m currently interested in books that teach the basic principles in multiple areas such as day trading and long term trading, however if they cover more advanced topics that would also be fine.
Thanks.
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