I want to learn the basics of how to invest in the stock market (wut books can i read?)?

or sites can i go to? my roomate has an index. i was thinkingabout a mutual fund but theres something called the high 50 dividend strategy portfolio (50 huge corporations) that elimate the percentage the guys managing a mutual fund takes out… i dont have a lot of money.. should i just start out with a cd till i have like 5k?

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June 8th, 2010 at 9:04 am
Here is some reading material that can get you started in the right direction
The first book you should read is Rich Dad Poor Dad by Robert Kiyosaki
Then try some of these
What Works on Wall Street by James O’Shaunessey
Beating the Street by Peter Lynch
One Up on Wall Street by Peter Lynch
The Warren Buffett Way by Robert Hagstrom
How to Make Money in Stocks” and 24 Essential Lessons for Investment Success both by William O’Neil
The Disciplined Trader by Mark Douglas
Here’s some websites for you
http://moneycentral.msn.com/home.asp
http://finance.yahoo.com/
http://www.investors.com/?tn=top
http://investorshub.advfn.com/default.aspx
http://www.thestreet.com
http://www.brokerage101.com/
http://www.1source4stocks.com/
http://www.decisionpoint.com/TAcourse/TACourseMenu.html
http://stockcharts.com/
http://www.grahaminvestor.com/
http://www.thestreet.com/
http://www.morningstar.com/
There are many people just like you that are, or were looking to invest and those that did bought Mutual Funds and/or Exchange Traded Funds (ETFs). One purpose of mutual funds is to help investors like you, who are either just entering the investment world or who have no investing experience. Once you feel you at least have an understanding of investments you should look into ETFs which are similar to mutual funds but are traded on the exchanges.
Mutual Fund companies as well as ETFs have an entire array of products many will fit your needs. You can go to the MSN.Money website
http://moneycentral.msn.com/home.asp it has an entire section on mutual funds and Exchange Traded Funds. Read about the various products and in doing so you will be getting investment ideas and at the same time educating yourself about investing.
You could also contact the funds companies for more information. I have found that Vanguard & Fidelity can meet your needs for mutual funds. The service and information they provide is all free and you will find it helpful
At least you smart enough to try a study what to do and not just jumping into things
With your mature approach and some studying, you’ll do well
June 8th, 2010 at 9:04 am
You may want to read this about wealth creation before investing. It will give you the big picture you should look at first. Don’t put in CD, too low interest. if you are young buy good strong companies that you expect to grow. Apple, Cisco, etc.