Introduction to Investing?

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BH

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Hello, I'm very interested in learning to invest. More importantly, I would like to know how to participate in the investment circle. In other words, how do I get started? I'm sure I'll end up buying a book to get my hands dirty ,but while I'm here, I may as well ask =).
 
Well- you don't write or sound like a dummy, so you have a good head start!

Books- yes. Thousands of them around. Good ones will make sense, and when you are done you will understand what you read. Bad ones may impress you with techno-babble, but only confuse you.

Tutors- online sites that work like encyclopedias explain the terminology and processes of investing. There are many, such as Investopedia.com. Do a google for "investing tutors" and find more.

Simulators- let you set up an account, research, buy, sell, do everything live investing does except lose money. Excellent way to practice and learn. simulator.investopedia.com. Google for more here too. Many are free.

Mentor- Now we're talking gold. A mentor is an experienced and successful investor that will take you under his wing, teach you what he knows, be a sounding board, help prevent you from shooting yourself in the wallet and things like that. Can't be bought. Ideally it's someone you know well- family, neighbor that likes you, etc, someone who believes in you and will donate their time to help you learn. Finding a mentor is a huge score. Ask around, one may be closer than your think.
 
Well- you don't write or sound like a dummy, so you have a good head start!

Books- yes. Thousands of them around. Good ones will make sense, and when you are done you will understand what you read. Bad ones may impress you with techno-babble, but only confuse you.

Tutors- online sites that work like encyclopedias explain the terminology and processes of investing. There are many, such as Investopedia.com. Do a google for "investing tutors" and find more.

Simulators- let you set up an account, research, buy, sell, do everything live investing does except lose money. Excellent way to practice and learn. simulator.investopedia.com. Google for more here too. Many are free.

Mentor- Now we're talking gold. A mentor is an experienced and successful investor that will take you under his wing, teach you what he knows, be a sounding board, help prevent you from shooting yourself in the wallet and things like that. Can't be bought. Ideally it's someone you know well- family, neighbor that likes you, etc, someone who believes in you and will donate their time to help you learn. Finding a mentor is a huge score. Ask around, one may be closer than your think.
 
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