Beginning investment advice.
> I don't know the first thing about how to invest in a stock if I wanted
> to. Will someone take the time to tell me what I need to do?
>
> Where can I get information about which stocks I should buy? Are there
> places on the internet that would give me information and research on
> companies that I may be interested in? Is there a minimum investment I
> have to make, or regular payments I have to keep up with? Or, can I
> invest at my own pace into what ever companies I want to?
>
> As you can tell by the nature of my questions, I really don't know much
> about the stock market. I really want to learn and any information that
> could be given to me would be helpful.
>
> Thank you,
> Jack
Amol Khedkar wrote:
Hi! If I were you, I'd start by doing some reading. Here are some
recommendations (in order)
* Learn To Earn (Peter Lynch & John Rothchild)
* Beating The Street (Peter Lynch)
* One Up On Wall Street (Peter Lynch)
* No Load Stocks (Charles Carlson)
* Periodicals such as Money, Kiplinger's, etc.
Your best bet is to acquire some education from the sources listed above
and make sure that you understand whatever security you put your money
into. Also look into mutual fund rankings published by Money earlier this
year. Great sources of information online include http:\\networth.galt.com
and http:\\www.morningstar.net
If you're planning on investing in stocks/mutual funds, here are some
questions that you need to answer yourself :
* What is the goal of this investment(s) ?
* What is the time horizon ?
* What is your risk tolerance (i.e. if a great stock you're holding goes
through up and downs, will that give you sleepless nights and/or ulcers) ?
Hope this helps.
Cheers.
(
geocities.com/vyque)