Good bye Rs hello Stock! Any good guides for stock newbies?

Hi, i just finished playing deh scape and become interested in the stock world. So does anyone have any good guides for a newbie to stocks like myself could read? Also how much money should you start with in buying/trading stocks? Thanks

 

How old are you and how much $ do you have?

 

Don't think you should get interested it stock tbh. Unless you have thousands to invest you are not going to make money 'quickly' as I assume you are trying to.

You need to get a good portfolio so that if one of your investments do not work then you will have others to fall back on.

I'm involved in stock but only on a very small scale. I do lots of research and mostly buy rather than sell. I only ever sell if the price has increased a lot otherwise you may as well keep the stock.

Make sure you do research before your investment. Do not investment in banks. The prices are low for a reason and they are not set to increase for a long time yet.

Metals are a good investment, oil is usually fairly good too (the price does fluctuate quite a bit sometimes) and of course you can go for blue chip company's.

Just do not go into this thinking you will make lots of money quickly because you just won't to be successful you need thousands to invest.

 

^all depends on your age/$$/plan.

first, read a few books about the market. Rich Dad, Poor Dad is a great first read (isn't very technical, good mindset)
It is important to set a plan as well, and determine how much risk you are willing to take - from there you can start to choose different investment vehicles.

 

You need atleast 20M and to be older than 18

 

would help to have over $1500 avaliable
as with stocks there are often minimum number of stocks you can purchase and minimum purchase is often $1000

 

I started with $3000, mainly using options.