Investment Questions.

Started by TiAvenger, November 25, 2008, 11:44:30 AM

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TiAvenger

Where is the best place to research how to read Financial statements and general trading basics?

Is the Motley Fool any good?


Jaman

#1
I haven't used either site in a really long time, but from what I remember, Motley Fool is pretty good, check out thestreet.com as well (BoooYa!  [puke] not a big fan of Cramer...)

For charting/technical analysis help, check out - www.clearstation.com

TiAvenger

Quote from: Jaman on November 25, 2008, 12:03:42 PM
I haven't used either site in a really long time, but from what I remember, Motley Fool is pretty good, check out thestreet.com as well (BoooYa!  [puke] not a big fan of Cramer...)

For charting/technical analysis help, check out - www.clearstation.com



LOL, Cramer 

I wonder how he feels about his EA, take two rant.  [laugh]

cyrus buelton

buy a college text book on Corporate Finance
No Longer the most hated DMF Member.

By joining others Hate Clubs, it boosts my self-esteem.

1999 M750 (joint ownership)
2004 S4r (mineeee)
2008 KLR650 (wifey's bike, but I steal it)

Mad Duc

Get a book on investing BEFORE you do anything else. Investing in singular stocks is extremely risky. Mutual funds can be a better choice. Be prepared to lose money no matter what. It happens.  The Motley Fool is very good for a beginner.

The Motley Fool's beginner's guide:
http://www.fool.com/investing/basics/index.aspx

Books:
http://www.amazon.com/Investing-Dummies-Second-Eric-Tyson/dp/0764551620/ref=cm_lmf_tit_1
http://www.amazon.com/Investing-Dummies-Business-Personal-Finance/dp/0764599038/ref=pd_sim_b_njs_3

Links on financial statements:
http://www.sec.gov/investor/pubs/begfinstmtguide.htm
http://www.google.com/search?q=how+to+read+Financial+statements&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

And a good bit of advice - at first invest in companies that you understand. If you buy stock in a company you want to understand what inputs they have (raw materials, labor, etc), what they do (process raw materials, consult clients etc) and the market they sell into (competitors, substitutions, market threats, etc).  If you understand a company it's easier to understand where they are heading.  The more you get into it better you be able to analyze the inputs, process and outputs of a company you can venture out into other industries.
PA's official Ducati Owner's Club: PennDesmo.org

TiAvenger

Quote from: Mad Duc on November 25, 2008, 03:34:14 PM
Get a book on investing BEFORE you do anything else. Investing in singular stocks is extremely risky. Mutual funds can be a better choice. Be prepared to lose money no matter what. It happens.  The Motley Fool is very good for a beginner.

The Motley Fool's beginner's guide:
http://www.fool.com/investing/basics/index.aspx

Books:
http://www.amazon.com/Investing-Dummies-Second-Eric-Tyson/dp/0764551620/ref=cm_lmf_tit_1
http://www.amazon.com/Investing-Dummies-Business-Personal-Finance/dp/0764599038/ref=pd_sim_b_njs_3

Links on financial statements:
http://www.sec.gov/investor/pubs/begfinstmtguide.htm
http://www.google.com/search?q=how+to+read+Financial+statements&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

And a good bit of advice - at first invest in companies that you understand. If you buy stock in a company you want to understand what inputs they have (raw materials, labor, etc), what they do (process raw materials, consult clients etc) and the market they sell into (competitors, substitutions, market threats, etc).  If you understand a company it's easier to understand where they are heading.  The more you get into it better you be able to analyze the inputs, process and outputs of a company you can venture out into other industries.


Oops.... * eyes previous investments *

[laugh]

thanks  [thumbsup]