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| *The Commerce Journal>>>Investing |
Wanting to learn how to buy stocks.? |
Im 21, A perfect age to start learning the market. Is there any web site or help i can get to better my knowledge about the market? Any help would be appreciated. If you want to start investing right now, buy a stock index mutual fund like Vanguard's S&P 500 Index fund. While you are investing in that, take the time to read some basic investing books. You can find books at your local library or you can purchase them from any book store. Watch CNBC. Take a look at web sites: Read these books: open your account first and start investing. simple enough http://investment-blog.net/where-and-how... Start off by getting yourself a nest egg, save up 6 months worth of bills. Pay off all of your debts (credit cards, student loans, auto loans etc.) This will be your base that you can fall back on. While you are doing this, research stocks, msn money, yahoo finance and investopedia are all great resources to learn what the different investment types are and how to use them. I would advise that you start a financial diary. Write down what your goals are, be as specific as possible (are you looking to save for retirement, retire early, build supplemental income?) also write down what kind of risks you are willing to take, since you are so young I would recommend taking a higher risk approach, since you have time to ride the ups and downs of the market. Remember the following things. http://www.goldenbullstocks.com they come highly recommended and they are great! This is probably one of the best sites you can go to. I've only been interested in investing for 4 years now, and I'm only 23! One thing is for sure, I won't be working until I'm 50 and 60 like all my friends. Good move on your part. |
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