Monday, August 23, 2010

Advice for beginner learning the stock market?

I am a recent college graduate, trying to learn a little bit about investing and the stock market.





Any advice on books/articles to or forums for beginners about the stock market?Advice for beginner learning the stock market?
That depends on whether you want to be a trader (short-term positions, watching the market a lot) or an investor. The books liste on the websitr are all about trading. Trading can be profitable, but takes a lot of discipline.





If you want to be an investor, start with economics. Economics foresaw this bust while the DOW was still on the way to 14,000. Economics moves the market, and the market moves the stocks. When the market crashes, good stocks get taken down with the bad.Advice for beginner learning the stock market?
Good to know that you are looking at investing at a early age!





Start by reading this a book called ';The Intelligent Investor';. Next open a eTrade or any only trading account to get some hand-ons experience.





For a start, look at those penny stocks, you can definitely start investing now. No money, go get a job. The key is to pump the money into your stocks.





Once you get more experience, you will leverage and balance your entire investment and saving portfolio.





Period!
Investopedia's a good learning tool. It's free and you don't have to sign up. It also includes a simulator. These are just some of the tutorials it offers:





Tutorials:


Stock Basics: http://www.investopedia.com/university/s鈥?/a>


Mutual Funds: http://www.investopedia.com/university/m鈥?/a>


Stock Picking strategies: http://www.investopedia.com/university/s鈥?/a>
Here are a list of great books about the stock market.





http://www.stocks-simplified.com/stock_m鈥?/a>





They are pretty helpful I have read them all.

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