Studying The Stock Market
 

Does anybody have any books, newspapers, magazines, etc. to help me understand the stock market more?

Right now I'm reading a book called "Guide To The Markets," then after that I will be reading "Investing Smart," and that after that I will read one more book written by William O'Neil.. and finally, after I read those, or sometime in the middle I will be subscribing to the "Investor's Business Daily" newspaper, to try learn all that I can about the stock market (how it works, how to make money doing it, etc.)

Because, if you live in a country with a capitalist economy, then you can make pretty large sums of money using the stock market. I need to learn about, and understand the stock market, like, before summer so I can start investing.

Do any of you have any more books or ideas on how to further expand my knowledge and understanding of the stock market?

:bored:...............................

Man, you could make massive amounts of money doing this shit if you are able to understand what the fuck is going on.

Wish I could help you but I know nothing about the subject and have no intentions of learning.

But GL and strike it rich yo. :thumbup:

Ps. Get some shares in the gas/fuel industry...maybe.

my uncle makes $10, 000 a month from the stock market, so im gonna ask him how he does it and get my info like that, fuck reading books, so yeah im just gonna invest in the stocks he invest in , word $10,000 a month

dope

You can't just start investing stocks if you have no idea how the stock market is ran, how interest rates affect prices, how the prices for stocks even come about. You will not make hardly any money at all if you just hop in. I can guarantee if your uncle really makes $10,000 a month, he either watches the t.v. a lot or he studies the stocks on the computer, and he already knows what everything is about.

If he doesn't do those, then I supremely doubt he makes that kind of money.

If you don't know anything about the stock market, you shouldn't invest. This isn't a fucking game. The smartest people in the world are all up in this. You can't just walk in and expect to be rich the following month.

I doubt I'll be investing in the gas industry.. at least until some of the speculation around it decreases.

word he is or was always on comuters becuase hes a computer tech, but yeah he is pretty smart, and all that shit, he studies the stocks i think becuase he always takes hella time into doing research on anything he does, so yup, not sure how long he studied and all that just know that he told me how much he makes and my brother started getting int he stocks becuase of him so word

i would say just talk to someone who has been doing the stock gig for a while , the easyest way for me to learn somehting is for someone to tell me how to do it you get to know the truth about the stocks, they can tell you shit that books cant

word

If he is a tech 'specialist' I would not be surprised at all if those figures were accurate. You could make huge amounts of bank with computers. Like, in the mid 90s.. imagine if you had bought 10,000 shares of Microsoft for $85 each. Now, today you sell them at $330 each, and being that you would have had the shares in so long, taxes wouldn't eat away at it either. Knowledge in techincal shit could easily make money.

But, I don't think the stock market is that simple to where you can sit down over dinner with your uncle and have it figured out. My dad is an attorney, and has been interested in the stock market, and has invested in the stock market, for over 20 years. I'm starting to talk to him about questions I have in the books he gave me, but shit is complex. It's hard to grasp right now, but he seems to think after I can understand the basics it should get easier, so whatever.. I'll keep reading, but shit isn't easy to comprehend at the beginning because there is so much shit about stocks that you need to understand to be successful.

And then, after that, you need to either watch the stock channels on the tv, read the business section of the newspapers, or look on the computer every day to figure out what's happening with stocks so you don't too much money.

its good to see that some people on rv know where their heads at

good luck with this though

take a class at a community college or somethin

I don't study the market, but I do invest in it...particularly for my retirement fund...which to me always sounded like bullshit...BUt...it is fun watching your money escalate month by month...


Go to a financial institution and ask them to send you a brochure


1

I started investing for fun back in 2001 and that was a lousy time to get in. A lot of stocks I brought back then is now worthless. I also don't really have the patience or time to do a lot of research, which may be why I'm not doing that well. It's probably easier when you have a good chunk of money to start with. With a few thousand, even if a stock goes up like 25-50%, its only a few hundred dollars profit. My mom does pretty well with the stock market.. my dad on the other hand, like to hold onto a stock forever and ends up losing all the gains when the stocks fall. Lately I've been just following a few stocks and when it falls down to a certain point, I buy and sell when I make around 20% back. Only play with a few thousand, so I end up having money locked into a stock for a long time if it falls into the red and not having any money to buy more.

For the lazy investor, investing in mutual funds may be better. You might not get as big returns, but it's less risk since the funds are diversified already and the fund managers do all the research for you.

Overall, investing is a good idea. You are only making so much money working at a job, and if you can get your money to make more with you doing nothing or barely anything, it's worth it. Passive income kicks ass.

*bows down to strobe for his infinite knowledge*

lol

Yeah, I have $2,000 in the bank that I'll end up investing first.. see how I do after I understand what's going on. I'm probably going to end up selling my shares if it drops past 8%, therefore cutting my losses.

And yeah, when I get older I'll probably get into mutual funds, but considering I'm 16 years old right now, I think I can afford to take more risks.. as I have my whole life to earn any losses back.