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One of the easiest ways to get started in the stock market is by investing in an index fund. You can learn about them at the Index Funds Online site.
Once you've decided to start investing on your own, you'll need a discount broker. There are lots of choices, but I chose Waterhouse. I also have an account for my kids at BuyAndHold.com.
Good books for learning about investing (you can buy them now from Amazon.com):
The
Intelligent Investor
This book is considered one of the "Bibles" for investing. It introduces the idea of "value investing". It's not very light-hearted or fun to read, but it's full of good info. |
Security
Analysis
I'm reading this one now. I'm hoping it contains as much good information as "The Intelligent Investor." I'll let you know! |
The
Motley Fool Investment Workbook
This book does a really good job of explaining, step-by-step, with lots of examples, how to get your finances in order, and then how to invest in the stock market. I think it's a great first book on investing. |
The
Motley Fool Investment Guide
I think this is an excellent book. I would recommend it to anyone who would like to be financially independent someday. It's the "parent" of the Workbook mentioned above. |
The following books are recommended by the folks at "The Motley Fool". I'm planning to read them soon. |
A
Random Walk Down Wall Street
This is another one that I haven't read yet. It's on my "to-be-read" list. |
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