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I want to learn about the stock market??


I'm a 19 year old and I want to learn about investments and I was wondering what books I can read to learn about the stock market because I want to put some money for investments. Is there any books that I could learn from? Please I need your help

From what I understand, there is at least one book, "Trading for Dummies" OR "Stocks for Dummies" or one of those ". . . for Dummies" books.

These ARE THE books I was told to read by my mentors AND I read:
"Tools and Tactics of the Master Day Trader" by Velez and Capra [about $65] This is not a very easy book to read and follow. On a scale of 1-10 1 being easy; 10 being very difficult., I would rate the ease of reading at about 6 to 8.
You may have to special-order this book. This book is not available at any local library. It MAY BE available at a business school or university with a business school.

"Rich Dad, Poor Dad" by Kiyosakli [less than $10] paperback

"Think and Grow Rich" by Napoleon Hill [less than $10] paperback

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

Ok well the first thing you should do is not read any of that, but just use simple wikipedia and research what the stock market is and how it works.

Secondly, you should familiarize yourself with CNBC and finance.yahoo.com. Read articles, research companies, learn about EPS, PE, etc.. all before thinking about putting a dollar into the market.

Thirdly, the best advice I ever received was research companies that you know (Warren Buffet also says this.. and if you dont know who Warren Buffet is, you should look him up too). For me it was companies like Hienz, Under Armor, Disney, Ebay, Apple, etc... all very familiar stocks.

Fourth, after you feel comfortable with some stocks, start putting your money into a brokerage account. For newbies, I would start and stick with Scottrade. Cheap, fast, and good research. Accumulate some money into this account and start buying stocks.. but remember dont buy 2 shares of a 5 dollar stock that will cost you $7 for the purchase.

Fifth, the only way you can learn is really by actually doing. You can't read investing in a book.. you learn by trial and error..

Hope this helps

Better make overseas investments.

You will get a 13% rate of interest in Belarusian banks. NO RISK AT ALL because all deposits are state insured.
Or lend your money privately to Belarusian entrepreneurs who will pay you over 30% interest per year. Very low risk and high rate of return.

For more details please email me at bestinvest@land.ru (with your nickname at Yahoo Answers)
Good luck!

I like the fist answer, get in there and learn, but I wouldn't spend too much time on cnbc, maybe yahoo finance to do research but not there articles, mostly because they are about 4 months too late. I think you need to get in there and learn and read lots of books and then you can decide for yourself how to invest. I think learning about hedge funds and mutual funds is a good way to start, just to see who really makes money in the stock market. Don't read the books that tell you what to invest in, read books that tell you how the market works. I don't know if there is one good book, just start reading anything about wall street. I thought the Wolf of wall street was interesting. There are reviews of financial books on www.novelwagon.com. Thanks,

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