Investment

[arishize]

Hello everyone

I was wondering are the any resources out there to teach me on the basics of investing?

I have no experience in investing, and not familiar with the various markets eg stocks, forex, unit trusts, bonds.

 

[limster]

Hello everyone

I was wondering are the any resources out there to teach me on the basics of investing?

I have no experience in investing, and not familiar with the various markets eg stocks, forex, unit trusts, bonds.

Free of charge: National Library
Asset Allocation for Dummies
ETFs for Dummies
Swing Trading for Dummies
Day Trading for Dummies

 

[Bedokian]

First things first, there is a difference between investing and trading, the former is more for long term while the latter is short (sometimes as short as a few seconds).

Next up, read up online (Investopedia is one good place to start, here also) and offline (books with "asset allocation" subjects). My style is I would try to understand from a broad perspective first, before going down into the nitty gritty.

Then read up on the various portfolios (The Permanent Portfolio, The Gone Fishin' Portfolio, The Bogleheads Guide to Investing, Millionaire Teacher, Rich By Retirement: Invest Smart, Retire Wealthy, etc.). Study their investment strategies and methodologies, and the rationale behind it. You need not follow theirs (mine is a hotchpotch of different portfolio strategies). Find one that is suitable for you.

Then you could go on and read the more academic-practical aspects of the markets (The Intelligent Investor, Random Walk Down Wall Street, etc.).

Do note after reading them, you will find out that everyone's ideas clash with everybody else's and there is no single perfect way. Find one that is suitable for you and implement it.

Cheers.

Repeating my post.

 

[arishize]

Thanks for the reply!! Really appreciate it

 

[Darkzi0n]

investopedia to pick up the basics. then go to library to get a few books that looks interesting to u.

meanwhile, read the newspapers everyday to get a sense of the economy and investment climate.

 

[wahkao3]

you can also sign up for a stock market seminar to power charge your investment knowledge in 5 days.

but must choose a good teacher

 

[newjersey]

Hello everyone

I was wondering are the any resources out there to teach me on the basics of investing?

I have no experience in investing, and not familiar with the various markets eg stocks, forex, unit trusts, bonds.

hi there,

join the Shiny Things thread...

he is a pro in investment. worked as an foreign exchange options trade in SG previously. moved to states after that.

he wrote a book and it's something I wished I read @ 16?

google indiegogo rich by retirement.

the ebook at us$8, is going to be the cheapest ebook u ever paid for.

it has to date... bought me my grail watch and I am aiming for something more now.