How to start investing?

Blythe Noreiga: Learning about the stock market takes a bit of time, but it’s well worth it, and books are a great way to start. I recommend Stock Investing for Dummies (no offense). It’s good book for understanding the basics. I would also recommend How to Make Money in Stocks by William J. O’Neil. It’s also a good one because it tells you what kind of fundamentals to look for in a stock, a bit about how to look for patterns in stock charts and how to protect your capital. It’s the first book I read when I started my stock trading and a very good start for stock investing or trading. Any questions about terms or anything go to Investopedia online.The great thing is that while you're learning, you can “paper trade” as you begin to learn strategies. That’s basically where you keep a fake portfolio of your trades. This will give you time to really think about how your want to invest/trade stocks, control risk, position sizing, set goals, monitoring your prog! ress, etc.There are some websites that compare brokers side-by-side so you can decide which fits your needs best (search for compare online brokers). I definitely recommend going ahead and opening an investing account to gain access to stock market information, watch lists (fake portfolios) and tools you can use as you begin the stock investing process. You can also familiarize yourself with the broker’s trading platform so when you begin to trade you’ll have familiarity with how a trade is placed and have access to any resources related to the beginner investor.That is so great you are interested in investing because when you learn how to invest you do it for yourself, your family and you act as an example to those who know you. Learning how to trade or invest will serve you your whole life!...Show more

Lue Podewils: Look up Forex if you already don't know and start trading. Open a free demo account and learn. Forex is the worldwide foreign exchange of currencies! . You don't need to be rich to make money too.