Lux Investing

What is the best book to read about investing in stocks for beginners like me?

i'm currently reading the one by William O'neill but i found myself lost once in a while... i just can't understand a lot of terms! is there a dictionary for stocks or something? or is there a book that's more intended for beginner investors who're not very familiar with most stock market terms? Thanks!

Public Comments

1. "Investing For Dummies" is a good starter, to be followed by "Stock Investing For Dummies", which goes a bit deeper into stocks.
2. To learn terms, click link below. A decent book for beginners is "The Five Rules For Successful Investing" by Pat Dorsey. http://finance.yahoo.com/education
3. Beanieville teaches people how to fish.
4. Jim Cramer has about 5 books out on investing. They aren't as dry as financial text books.
5. I believe Rich dad, poor dad has some investing info in it. Its by Robert T Kiyosaki. This website gives some general info on money and retirement. www.residualincomeispowerful.com cheers
6. DON'T DO IT!!! Get out. And stay out. Complete Report: Office of the Comptroller of Currency: 3Q 2007: http://www.occ.treas.gov/ftp/release/2007-137a.pdf Democracy requires an informed electorate. If you agree, please copy and paste this to whomever you wish. And by all means warn your friends and family. What's really going on: http://bp2.blogger.com/_H2DePAZe2gA/R9sT8yG-HKI/AAAAAAAAA7k/A-lM2Kotng/s1600-h/OCCpg1.png or http://tinyurl.com/2p5qyk That's right: $91 Trillion in derivatives, financed by 1 1/4 trillion dollars of investor assets. That's almost double the total global GDP (approx. $48 Trillion) for JP Morgan alone. Funny money. IOU's. Another $34 Trillion for CitiBank and $32 Trillion for Bank of America, each with $1 1/4 Trillion backing their bets. Original Source: http://www.occ.treas.gov/ftp/release/2007-137a.pdf And how they got away with it: http://biz.yahoo.com/ap/080328/derivatives_association_lobbying.html?.v=1 or http://tinyurl.com/3b8vjn As Paul Harvery would say, "And now for the rest of the story." These are very interesting looking numbers. And very revealing. While it's true that existing single family home sales were up 2.8% month to month-- they were down 22.9% year to year. How does that old saw go? Figures don't lie; but liars figure? Existing Home Sales: Feb 08 (preliminary): Single Family Only for Printing (click on the PDF Adobe icon): http://www.realtor.org/Research.nsf/files/singlefamilyreport.pdf/ Things are going to get worse, too: U.S. Economic Outlook 2008: http://tinyurl.com/pehzp or http://www.realtor.org/Research.nsf/files/CurrentForecast.pdf/FILE/CurrentForecast.pdf And commercial real estate looks like it's starting to go downhill too: Commercial Real Estate: http://tinyurl.com/yw9hf5 or http://www.globalindices.standardandpoors.com/data/pdf/spgra_values_031237.xls Warehouse and Desert Mountain West have already headed south.