Need information about general investing?
thetyrannyofmen
I need to learn about investing but am starting from 0 knowledge. I am aware of many things but don’t really know alot about them. I would like to know about the different types of bonds, markets, funds… general 101 info. Are there some programs I could watch that would get me up to speed or any books that would get me started, not looking for strategy just info.
I need to learn about investing but am starting from 0 knowledge. I am aware of many things but don’t really know alot about them. I would like to know about the different types of bonds, markets, funds… general 101 info. Are there some programs I could watch that would get me up to speed or any books that would get me started, not looking for strategy just info.
here is some good beginning info….
also recommend smartmoney.com
and investors business daily newspaper.
Read the book “Understanding Wall Street”, then I suggest you take some stock investing classes at your local community schools, which are very inexpensive. This will give you some basic knowledge. Read about technical and fundamental analysis at. Understand technical analysis very well before investing. Also, pick up the paper Investors Business Daily everyday and read it. Excellent paper.
Once you start investing take some classes with a professional trader, more expensive but I recommend it. With time, knowledge, experience and a good strategy, you can become an excellent investor/trader if you have the motivation for it.
Good luck.
The first step is to open a brokerage account at TD Ameritrade.
It takes 15 minutes or less.
The first step is NOT to open a brokerage account, its to learn. On the web: click on Planning and Education and read. Another site:. Or buy the book “Investing for Dummies” by Eric Tyson.
I would recommend a couple of things. You might want to read “The Little Book that Beats the Market” – this is a great short book that clearly explains the principles of value investing. You might also want to see what the best investors are buying and selling. You can find this information at – this is a free site that lets you create a portfolio of stocks with $100,000 in “play” money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.
Here are this month’s best traders:
Good luck.
Go to your local discount broker like TD Ameritrade. Sit down with a consultant and ask questions. Do it before lunchtime when they aren’t busy and you will get more info than watching a TV show and faster than reading a book.
That said I did read a book that was relatively short and written for the non-investor that covered not only investing but insurance and other personal finance topics. Fun to read too – The Wealthy Barber by David Chilton
I would recommend you to check the website below to learn more on shares and stock investing and how to select the best shares.
Hope it helps.