Lux Investing
Investing for beginners--what is the best source of information?
Is there one good book, or website, to learn all about investing? I buy magazines, have a few books, but I think I'm suffering from information overload. How does one sort through all the info to find what will work for them? Where do I begin?
Public Comments
- Start by investing on paper, and go from there.
- Only pay attention to a single company. More, if you have the time. Really research that company. I mean, you really want to know EVERYTHING about that company. Then, after you feel good about the company, you can safely invest in it. All that other stuff is just Mumbo Jumbo. If you don't, then you might as well just go to Vegas. The odds would be better. Because that is basically what you would be doing.
- Morningstar.com has a nice free "classroom": http://www.morningstar.com/Cover/Classroom.html And Investopedia.com is a great site for learning.
- Check out a book called "Greed is Good," by Johnathan Honig. It's out of print, but a great guide to getting started in the stock market. I have a copy. It's entertaining and VERY informative.
- For overload sufferers, try Mutual Funds for Dummies by Eric Tyson or www.vanguard.com. click on "go to site" then click on the Planning and Education Tab. Peter Lynch is a very successful investor. He wrote "One Up on Wall Street." A very good one liner of advice from him = Invest in what you know.
- You can start with me I do a lot of investing and i can help you get started i know most things but no all so if you want some help or info hit me up. OK
- Vanguard has something called plain talk on investing. go to http://www.vanguard.com and click on personal investor then click on the planning and eduction tab (top right) then from there you can start with investment basics. it really is simplified and helpful and not all about their funds just info. Good Luck
- more info on my blog
- Start with "Securty Analysis" by Graham and Dodd. It's the bible!
- www.fool.com The Motley Fool offers a great website and books. Easy to understand explanations and info in everyday language. They hate how Wall Street tries to confuse the consumer into paying a ton for investment advice/stock trading, etc. It's lighthearted reading and often funny. Dive in.
