I want to know the basic of stock market, i dont have any background on this area.
KURTIS
Comments
There are tons on places. But honest Yahoo Finance is a good place to start.
Also you might want to try some books like Reminiscenses of a Stock Operator, Market Wizards, How to make money is stocks.
Another great site and place to learn the basics is Investools they give seminars all over the country and their system is good
knowing a little bit about the stock market is like knowing how to put air in your tires (this does not make u a mechanic), you see investing in the stock market has a lot to do with anticipating trends in society. In order to anticipate trends, you must read numerous articles, journals and anticipate events to happen way before you read about them in the newspaper
leave the stock market for the experts, stay out. Instead invest in mutuals, your money is spread out over several companies./markets and you benefit from an experienced fund manager.
if you absolutely must throw your money away, why not pretend you bought some stocks, follow them for six months and see how much money you would have thrown away
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
… >… university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 73,000.00 and 30000.00 in taxble account. by follow simple rule
A knowledge of how it “REALLY” works is very important.
Formal courses are good. So is experience. My learning says experience is pretty expensive. If you are eager to learn, I wont say stay out of any area. HOWEVER, a beginner swimmer probably will not survive jumping in with rip-tides and sharks. Not even many experienced swimmers do either.
You may reference my previous answers here, and get a fair idea of what you can do, but by all means educate yourself.
If you want to share and learn you can join “Speculation_n_Investment”, a Yahoo Group, to see and share information in those areas.
Good Luck
