How do I become an expert on the stock market?
Hello, I would like to go into the finance field. Do you have any ideas and suggestions for me? Also what is the best way to utilize cash. Some people are complaining about the low yield on savings now. I am curious myself about that question. For example, would it be wise to put it in bonds, stocks, education, or a business? Like investing in oneself? Thank You Know how to short stocks? Do you recommend doing that?
Asked By: cool - 1/25/2010
Best Answer - Chosen by Asker
Read everything written by Warren Buffet and Benjamin Graham. That's the answer to your main question... More
Answered By: SilverTonguedDevil - 1/25/2010
Additional Answers (7)
Education is the best investment. In general any investment will have the risk associated and there is no reward without risk. If you have interest in stock market (you would better be good in finance side, learning about investing, what moves the price, how to evaluate and anticipate etc.) If you're just thinking to... More
Answered By: CONNECTICUT FINANCE AND TAX - 1/25/2010
If you would like to become an expert in the stock market I would follow this outline, in order... More
Answered By: sdnneal - 1/25/2010
I recommend opening a thinkorswim account and heading over to investools to get some education. They have a number of great seminars on stocks, options, futures and forex that will teach you everything you need to know as well as provide coaching and support to insure your financial success. Investools is owned and... More
Answered By: Eric - 1/25/2010
why dun u try invest in forex.. easy. u can buy and sell, also monitor ur account. easy to withdraw also. anytime as ur wish.. contact my email if u wanna know details..
Answered By: ~ DiANa ~ - 1/25/2010
before you invest money in the stock market, practice, practice, practice... More
Answered By: superdadbrad - 1/26/2010
If you're looking to learn about stock and the stock maret, I recommend doing a stock market game online. The game follows the real stock market and you get $1 million to invest. If you beat the s&p 500 they give you real money as well. I've been learning alot about good investing that way... More
Answered By: MP3 Monkey - 1/29/2010
Yes, you may try. You may not know your ability until you try. All successful investors took their chances someday. Learn some basics first. If you have time, read good books about investing (for example, “Stock Investing For Dummies” by Paul Mladjenovic). Observe some basic principles, for example, look at http://www.... More
Answered By: James - 1/30/2010
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