Your Questions About Investing For Beginners

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Thomas asks…

Looking for Online trading/investing sites for beginners?

Any info or guidance would help. I have no experience in any investing, i would like to get started online, but i dont really know where to start. Thanks for your help!

financi4 answers:

Simple: read EVERYTHING.
Know yourself and learn as much as you can about many investing subjects. It will take a lifetime of learning before you even realise that you know nothing.

Http://www.marketwatch.com
http://www.bigcharts.com
http://www.stockcharts.com
http://www.morningstar.com

Just for starters…

Paul asks…

What’s a good site to learn about investing/finance for beginners?

I’m especially interested in learning about earnings and EBITDA multiples.

financi4 answers:

Http://www.investopedia.com/ is one of the best sites out there for learning about the markets.

Robert asks…

Some good beginners books for investing?

I’m 2 months into a bachelor of business financial planning but its moving slowly I want to learn more!!
Really interested in Investing and just wanted to know a few books that can teach me the basics/intermediate stuff.
Not get rich quick books.

Thanks in advance!
Haha yeah already have one of those :P.
Hoping more along the lines to building a portfolio etc. That can pay out nicely once I retire..

financi4 answers:

I love the motivation and that’s what it will take to succeed. You will be told “NO” when pitching ideas, but remember that for every 100 “No”s you receive you only need 1 “yes”. These are the business books that have helped me over the years:

1. Rich dad, Poor dad (must read for every business major)
2. Business stripped bare
3. How to become rich (by felix dennis)
4. Delivering Happiness
5. Start something that matters
6. Predictably irrational
7. Own your own corporation
8. Outliers
9. 4-hour work week
10. Think and grow rich.

None of these books are “get rich quick” all of them provide useful knowledge that will help you along your way. From dealing with failure, starting a corporation, motivating you to keep going, dealing with employees, marketing, treating customers with respect. Its all in there.

David asks…

What stock should beginners invest in and how?

basically ive got a few more questions and itll be helpful if you can answer ten :):

1) What stocks should beginners invest in and how?
2) Why do some companies dontshow their p/e ratio and dividen yields?
3) What are the other methods in determining whether a stock will be successful or not?
4) How much money should i invest with. I’ve got £500 – £1000 to spare
5) How do you diversify your portfolio

10 points for the answer. Thanks

financi4 answers:

(1) Its better if you don’t know much about investing to go with a mutual fund. They have professional managers to run them.
(2) Stocks won’t have a PE ratio if they aren’t making a profit. EPS or earnings per share, need to be positive. Also there won’t be a dividend yield if they don’t pay one. That is very typical of speculative or growth stocks.
(3) You can never fully know if something will be successful.
(4) You need to start with enough and give enough time for growth to offset any transactions fees.
(5) You need to own at least 7 different stocks in different industries to be diversified, or get one mutual fund. A mutual fund can be broke up of different stocks, domestic and international, bonds, currency, and commodities.

Steven asks…

Book on investing for beginners?

I want to learn more about investing. I don’t know a whole lot so I’m just looking to learn some of the very basics for now. I don’t know much about the differences between stocks, hedge funds, mutual funds, securities, etc. and I want to learn about how they are different, their timelines and maturation periods, what to expect, etc. Is there a good book I can buy that teaches the basics of investing or a good website about it? any recommendations about how to educate myself more on investing are appreciated

financi4 answers:

Start with some basic books to teach you the fundamentals. Two excellent reads are The Complete Idiot’s Guide to Investing, and Investing for Dummies. You can probably find them in your local library. Before doing anything, make sure you have enough in savings in case things go south for at least 6 months if you’re on your own. Also make sure you have
bad debt like credit cards paid off first.
You need to learn also some important concepts in investing, such as dollar-cost averaging and compound interest – two of your best friends to make money for the future.
Also you need to think of what you are investing for exactly.

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