ANSWERS: 1
  • Investing in the stock market involves both risk and reward. Many novice investors lose money because they do not know how to invest or when to stop trading. The best investors understand that the stock market is not a get-rich-quick scheme. One needs to perform due diligence and have a plan of action.

    Library

    Research before you start investing. Go to your public library, and take out a few books on investing in the stock market. This will give you an excellent start.

    Online bookstores

    Visit online bookstores. Look up the most popular books on the stock market. Reading the editorial and customer reviews can also be very supportive. A couple of the most popular books are "Stock Investing For Dummies" by Paul Mladjenovic, and "The Neatest Little Guide to Stock Market Investing" by Jason Kelly.

    Free Resources

    Yahoo.com has a free resource for researching the stock market. Go to Yahoo.com, and click on finances. You will notice several tabs; for instance, investing, news and opinions, my portfolio, personal finance and tech ticker. The drop down menu of each of the tabs will give further detail on various topics such as market overview and investing ideas. 1source4stocks.com is also a free resource that includes the following: stock market basics, trading strategies, chart analysis, penny stocks and much, much more. Daytradernews.net is another free financial portal with, stock picks, quotes, charts and market commentaries.

    Financial Advisers

    Financial advisers can be very useful and will charge a fee for helping you arrange your investment needs.

    Online Trading Courses

    Online trading courses are another great resource. The most reliable ones will not promise that you will earn a profit when or if you purchase stocks.

    Source:

    Yahoo Finance

    More Information:

    Turtle Trader: Online Trading Course

    Trading Academy: Free Resource

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