Help me get started in stock market investing please?
Saturday, July 4th, 2009 at
5:52 pm
sosagely asked:
Could you please offer some resources and personal tips on getting started with the stock market?
Could you please offer some resources and personal tips on getting started with the stock market?
Tagged with: Market Investing • Stock Investing • Stock Market
Filed under: Investing
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READ READ READ. Watch CNBC. Don’t get scared when you hear big headlines. That’s just to get viewers… TV is the advertising business. Use it for personal knowledge… and not always personal entertainment. Use investopedia.com for terms you may not understand. Open up a brokerage account, such as one with optionsxpress that offer flexibility in the types of investments you can make to diversify your tools to make money in any market.
They don’t have a minimum to start. You can start with a little and play around with it while you get your feet wet, or you can use their virtual money market which deals with live prices. Use it as if it were your real money and you’ll learn quick. Experience is the best teacher.
I had to buy penny stocks and get slammed with losses before I started realizing that stocks were pieces of businesses… and not just a stock ticker with a little number attached to it. This realization has made me so much money. Especially in this turmoil market of opportunity.
Read up on famous investors such as warren buffet, george soros, seth klarman. They are intelligent investors. There are others, but these were my 3 idols. It’s not the stocks that they buy that influence my decisions, it’s their way of thinking. ***** their minds, and open up the cave that leads to the gold mine.
This is some good information about different investments.
Read cnbc and bloomberg. There are also a lot of good stock market blogs out there. Yahoo Finance is the best source for researching stocks, mutual funds and etfs. good luck
York
talk to an advisor! you could try mine, check him out.
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