Your Questions About Investing Tips

Maria asks…

What’s the best way to learn about investing in the stock market?

Where do I start? I don’t know anything yet…

any tips?

John answers: has GREAT tutorials and a trial/game stock trading feature that allows you to learn as you buy and sell with play money. Its helped me to understand tons from just 2 days of reading

George asks…

Can you provide tips to a newcomer investing in the stock market?

John answers:

Before you spend $0.01 on any investment, you must know what you’re doing, why you’re doing it and how to do it. Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself.

Start your education by learning why you should invest and the importance of being able to make your own decisions or how the pro’s make theirs.
Here is some reading material that can get you started in the right direction, you don’t have to read all of them but you should select at half of them after you have read “Investing for Dummies” by Eric Tyson
Beating the Street by Peter Lynch
From Riches to Rags, by I.C. Freeley
How to Make Money in Stocks” by William O’Neil
24 Essential Lessons for Investment Success by William O’Neil
The Intelligent Investor, by Benjamin Graham
Common Stocks, Uncommon Profits, by Philip A. Fisher
One Up on Wall Street by Peter Lynch
Stocks for the Long Run, by Jeremy Siegel
The Lazy Person’s Guide to Investing by Paul B. Farrell
Uncover the Secret Hiding Places of Stock Market Profits by Joel Greenblatt.
What Works on Wall Street by James O’Shaunessey
You Can Be a Stock Market Genius by Joel Greenblatt
Your Money and Your Brain by Jason Zweig

Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance. ( ,

Other website that can provide instructions and help with procedures and terminology are Investopedia –
Visit some of the more professional websites like Zacks Research – Smart Money – Schaeffer’s
Some of these web sites will have advertisers who are worth looking into also. And remember, if they offer free information, get it.

Attend all the free seminars you can, just be careful and don’t get pressured into anything you really don’t want or need. Most schools offer courses in finance and economics, but very few will have courses on the mechanics of the investment markets, if they do try taking the course. You may want to consider on-line courses, the New York Institute of Finance use to have such courses. Try to get some fee information from the stocks exchanges they all have (had) free booklets, SIAC and some of the regulators (FINRA SEC MSRB CBOE) may provide some free literature.

And when you think you want to invest/trade, try some paper trading to test your skills without spending you money

You at least have made the right decision to start investing, this is the first big step and it won’t be your last. Keep taking those steps forward and along the way never take the advice from people that are not in the market or try to tell you not to invest.

Good luck on your journey, study hard and you’ll invest well.

Mandy asks…

I want to learn the basics of investing – can you help?

I’m 18 and plan on saving money to invest once i get a job…. and simple investing tips for a beginner? (or definition of investing words?)

what does “cap” mean?

John answers:

Most important.
Most brokerages have minimums to open an account.
Some are $3,000 and some are $5,000 just to open an account.
So your first priority is to save, save, save.
Get a book (once you get a job and can afford one).
Called Investing for Begginers from your bookstore in the Finance section.

David asks…

For any seasoned poker players with good knowledge, what tips would you give to an 18 year old player?

Hi, Ive been playing practice hold em no limit poker for 3 months now on and Ive took to it pretty quick but I want to master all the percentage odds like you see on TV before I play for money.

Obviously there’s much more to learn like body language, strategy etc that’s why I should probably invest in a poker book so if you could reccommend any that would be great or just any tips in general.

Thanks in advance.

John answers:

If you want a good body language book about poker read Read ’em and Reap. It’s co-authored by Phil Hellmuth and a retired FBI agent. I kind of like it because you can also take the concepts discussed in this book and also apply them to every day situations away from the poker tables.

Other than that, my only other advice is to play lots of hands, pay attention to every player’s tendencies at your table, and learn from your mistakes.

Linda asks…

how would I go about investing in toilet paper?

I wanted to buy some stocks, but I don’t know where to begin. Any tips? What companies do you recommend?

John answers:

Do a google search for the brand you are wanting to invest in, and see who the company is that makes it.

After that you need a brokerage account to trade stocks. There are many out there, but unless you are going to invest $2000 at once to start your choices are small, sharebuilder,com and would be about your only choices.

Also, do a little research on the company first. Just because your butt feels good when you wipe with their paper doesnt mean that they have their financials together, or that their other product lines are good. For instance some of these companies also make building products, and with housing starts so far down, they may be hurting.

Also, if you have never invested before, one key is to diversify. Try to find stocks from multiple area of the market to put your money into, and spread it out. That way your money is safer.

You don’t have to have a lot of money to get started, in fact sharebuilder and their automatic investment plan can help you get started with little money, the key will be consistency.

Powered by Yahoo! Answers

This entry was posted in Uncategorized. Bookmark the permalink.