Your Questions About Investing For Beginners

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Richard asks…

What is the best way to get started investing in the stock market?

I am 18 and a senior in highschool. I have don’t have much capital but i want to start investing in the stock market. Should i read books, trial and error or a virtual stock exchange?

Justin answers:

Yup, you need to learn & continue learning. However, this might cut your learning curve:

Step-by-Step Stock Investing for Beginner
http://www.stock-investment-made-easy.com/

Robert asks…

What is the best book about investing for teens?

I want to start investing in the stock market now that I’m still young. What would you suggest that is easy for a teenager to understand.

Justin answers:

When you say “teens” do you mean 13 or 19. There is a huge difference!

13 year old:
Stock Matters – An Introduction to Stock and Ownership (For Kids).

19 year old:
Real Money-Sane Investing In An Insane World
Written by James J. Cramer

All About Exchange Traded Funds
Written by Archie Richards, Jr.

How To Buy Stocks
Written by Louis Engel and Henry R. Hecht

When The Market Moves Will You Be Ready
Written by Peter Navarro

Websites:

http://www.investopedia.com/university/buildingblocks.asp

http://education.wallstreetsurvivor.com/beginner

George asks…

What is the best book for understanding basics of investing?

I want to wet my hand in this investing business but don’t know where to start. I know very basics of investing..and wondering yahooers cha suggest me few books to learn investing.

Justin answers:

Best info for understanding basics of stock investing.

If you are new to the stock market, some research is necessary to be done on your part.

Try the below url:
http://www.sogotrade.com/help/faq.aspx…

For New visitors, it has extensive information available like:
How do I get started?
How do I fund my account to buy stock?

And Investing section gives information like:
How does the stock market work?
What are the risks and advantages of investing in the stock market?
How do I choose what to buy?
What are some tips for beginning investors?

The following tutorials might be helpful to you:

Stock-Investing-for-a-Beginner
http://ezinearticles.com/?Stock-Investing-for-a-Beginner&id=828865

How-To-Buy-Stocks-Online
http://ezinearticles.com/?How-To-Buy-Stocks-Online&id=734725

Chris asks…

Can anyone recommend a good website to teach me the basics of investing my 401K?

I have very basic knowledge of investing in stocks and have actually built a small portfolio over the past 13 years or so. However, I have no idea how to invest 401K money where I have to choose from limited funds and investment vehicles. I’ve read several books and they all seem to contradict each other in their advice. Can anyone recommend a good website or book that will help me understand the basics so I can make my own decisions? Thanks!

Justin answers:

I think mister galager ( answer above) provided the sites…down in the right hand corner of that moneycentral page is ” beginner’s investing”…but I think you may already be beyond that if you’ve been handling stocks for 13 years.
The ” limited funds” portion of your question makes it hard to help…no one but you knows how limited… Hopefully the plan administration has a web- site where you can compare performance of the offered funds….that’s your best bet. If you can look at ” holdings” and you know something about stocks, that’s another way to compare.
I think what you’re really looking for is some kind of ” allocation” guide. How risky or conservative you should be…and at what age. I have found that most advisers are a little on the conservative side… And they tend to ignore or under estimate the growing benefits of ” international” or ” global” funds….if there are one or two in your available funds, don’t be afraid to go in at 15 or 20 or even 25%…. Even the best performing American companies are the ones that do a good percentage of their business outside the U.S.( Why shouldn’t you get on the bandwagon)
Sorry I went way off-topic, good luck.
Sorry, again, but I just saw these couple of headings that MAY be what you’re looking for..at; http://finance.yahoo.com/education/begin_investing
In the middle of the page…a few headings about ” allocation” and ” portfolio theory”

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