Like all other investments one can make, investing in stock provides no assurance that you will make money.
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.
Unless you are going to invest through the services of a professional adviser or broker, it wuold be in your best interest to know what you’re doing.
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
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
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.
Well, …, let me first tell you to exercise caution! There’s an old adage in the stock industry and it goes like this. “How do you end up with a guaranteed $1,000,000 in the stock market? … Start off with $2,000,000 in the stock market!”. Behind that little joke is a serious warning: The only thing guaranteed in the stock market is that you can loose and loose big!
So in vest wisely, don’t put your money ll in one place. Choose fast as well as slow growth stocks and with a mix between domestic and foreign markets thrown in. You might consider markets where demand is high and consistently high like Hospitals, Utility Companies, Grocery Stores, Fast Food, Realty and Funeral Services because people have to eat, sleep, and die every thing else is secondary. But don’t take my advice, after all, I may not even exist.
Like all other investments one can make, investing in stock provides no assurance that you will make money.
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.
Unless you are going to invest through the services of a professional adviser or broker, it wuold be in your best interest to know what you’re doing.
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
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
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.
Well, …, let me first tell you to exercise caution! There’s an old adage in the stock industry and it goes like this. “How do you end up with a guaranteed $1,000,000 in the stock market? … Start off with $2,000,000 in the stock market!”. Behind that little joke is a serious warning: The only thing guaranteed in the stock market is that you can loose and loose big!
So in vest wisely, don’t put your money ll in one place. Choose fast as well as slow growth stocks and with a mix between domestic and foreign markets thrown in. You might consider markets where demand is high and consistently high like Hospitals, Utility Companies, Grocery Stores, Fast Food, Realty and Funeral Services because people have to eat, sleep, and die every thing else is secondary. But don’t take my advice, after all, I may not even exist.
Open an account at Schwab. Their fees are low and they do a good job of guiding you if you need help.
You have to be 18 or older to open an account.
Ask your dad for help on this.
Not a bunch of strangers in yahoo.