Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Can you give me the link to a site that shows you all about stocks and investment?
I am a total newbie when it comes to stock, and I want to get in the game, but not make my brain explode, any help??
4 Answers
- Anonymous1 decade agoFavorite Answer
First I would recommend getting a copy of "Investing for Dummies" That will get you started. Yahoo Finance is a real good site. Moringstar also is a good site. Fools.com is a good site. Do not take seriously what one of your responders said about having to become interested in business or economics. Not necessary. I never was interested in business, but have been investing since I was 16 about 45 years ago.
- 1 decade ago
Unfortunately if you are going to make good investments your brain has to explode a little.
I'd use Motley Fool to start because it's fun and the info is pretty good for basics. Reading the Money and Investing Section of a Wall Street Journal from time to time is a good idea as well, as is picking up the Economist.
One site that isn't visited very often but should be is www.efficientfrontier.com William Bernstien gives a view I don't always agree with, but it's a good place to get to understand certain pervasive ideas.
Read the Berkshire Hathaway annual reports by Warren Buffett at www.Berkshirehathaway.com as you will not only learn from the most successful investor to ever live, but essentially get a course in investing history (it'll take you a year to read them all).
The best newsletter out there to understand the big economic picture is John Mauldin's at www.investorsinsight.com. He was nominated as investor of the year by Motley Fool for 2007 along with Buffett & Carl Icahn and a couple others. Mauldin called the credit crisis a solid year before it happened and helped a lot people be ready for it.
Finally, use www.gurufocus.com religiously.
My one unorthodox item I read is www.Wired.com from Wired magazine, which is a great resource for knowing what's about to be popular in tech and cutting edge business. Popular Science if you want to find stocks to hold for a long time that are in sciences, nano or biotech.
- 1 decade ago
Are you at all interested in finance or are you just looking to make money? If you have no real interest in business or economics it is going to be difficult to learn about investing. You can still invest and not "learn the business" by hiring someone to help you. Why don't you pick something you like and then learn as much as you can about that instead. I'd be more than happy to chat with you if you would send me an email.
- 1 decade ago
You can find all the basic info you need on websites for free.
This site should give you a good start.
http://finance.yahoo.com/education
Try what you learn on demo sites. If you pick 75% right with play money then you might be ready to start slowly investing.
http://simulator.investopedia.com/
http://www.fxcm.com/open-free-100k.jsp
http://www.alpari-idc.com/en/metatrader4...
Or just google for more.
I use Lightning Strikes Trading System for trading in any time frame and it works on forex, stocks, bonds, etf's, mutual funds, etc... They have 3 free training sessions a week and you don't have to buy the software to join in the live chat and text. You can even watch some recorded past live sessions. Here are some past charts that I used.
http://f1.grp.yahoofs.com/v1/MB16R0zjjaZ...
http://f1.grp.yahoofs.com/v1/MB16RxjOUQt...
There are 7 indicators (2 short, 2 medium, and 3 long term) and if volume is reported another one is added (on balance volume). Plus whatever time-frame is used the 2 green horizontal lines are the support and resistance for that time frame. So when indicators are all touching the bottom price is at or very, very near support. At top is at or very, very near resistance. Which helps my entry/exits and risk/reward ratio.
http://f1.grp.yahoofs.com/v1/MB16R9Wv-wt...
http://f1.grp.yahoofs.com/v1/MB16R9wSKdV...
http://f1.grp.yahoofs.com/v1/QCt6R2fYIj6...
http://f1.grp.yahoofs.com/v1/QCt6R3R0VQe...
If you can not view charts above I can email them.
Here are my favorite sites.
Has basically all you need from fundamental to technical terms. Plus stock screens, charts, public chart lists, and much more useful info.
Has good learning resources.
http://moneycentral.msn.com/home.asp
In addition to yahoo finance.
For news and more.
http://www.marketwatch.com/default.aspx
For news and more.
http://www.valueprime.com/index.php
For rating stock risk/reward ratio and reports.
For investing in more than stocks.
For more great learning tools.
For best software timing your entry/exits any time frame for day traders and long term investors.
Others worth exploring.
Best Wishes,
Burt Whitley
- How do you think about the answers? You can sign in to vote the answer.
- Anonymous1 decade ago
try valueline.com or investors.com they are very good!!