Tuesday, September 6, 2011

Should i start stock investing? | Daily Rosetta - Personal Finance ...

 Should i start stock investing?

Hi, i am 18 yrs old. I want to get into a field which has ample benefits in terms of cash later down the road. Should i start stock investing? or can i look at other stuff like currency trading? like i am really serious in starting my career in these fields. What should i do? I am really confused. I would want to be like warren buffett one day.

Forex is not the type of trading to "start in". Learn about long term investing stocks, swing & day trading stocks. Day trading?. should of this group.. be last.

There's one easy way to start?? read as much as you can. start with the basics;
Stock Investing for Dummies
Mutual Fund Investing for Dummies

Move on to;
How To Buy Stocks, William O'Neil
Wallstrip Edge, Howard Lindzon
Trading in the Zone, mark Douglas
Mastering the Trade, John Carter
Trading for a Living, Alexander Elder
Market Wizards, Jack Schwager

After these? keep on reading more??

To invest successfully takes two things: (1) cash, and (2) knowledge. Do you have both? if not, start by reading "Investing for Dummies."

You should. you must have 3 things to hit it out rich. They are all assets.

A Business/es
Stock/Bond/Mutual Funds Portfolio
Real Estate

If you have 2 of those 3 you are set.

Source: http://www.dailyrosetta.com/should-i-start-stock-investing/33688.html

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