Hi All,
I am interested in learning stock market investments .I have zero knowledge about stocks and trading .Any suggestions on books and online resources to start with the basics ?
Thanks in Advance.
From India, Chennai
I am interested in learning stock market investments .I have zero knowledge about stocks and trading .Any suggestions on books and online resources to start with the basics ?
Thanks in Advance.
From India, Chennai
Hi,
At the outset let me caution you that you have to understand the fundamentals of investing, appreciate that one has to be prudent in investing. You must also be aware of the trade of between risk & reward with various types of investments and the importance of allocation of your portfolio between different classes of assets, based on your financial goals, risk appetite, savings potential and age profile.
Even before going in for investing I suggest you clearly write down your financial goals. Let this set the broad parameters for how much and in what financial instruments or assets you invest.
You can try to get useful inputs from the following sites
Safal Niveshak | Value Investing in India | Value Investing Course
Fundoo Professor | Thoughts of a teacher & practitioner of value investing and behavioral economics
Investopedia - Educating the world about finance
Also read up on books like : (this is only illustrative and many of them can be sourced free online in ebook format)
Rich Dad Poor Dad,
The Intelligent Investor - Benjamin Graham,
The Making of an American Capitalist,
The Little Book that Builds Wealth - Pat Dorsay
The Richest Man of Babylon -George Samuel Clason
Poor Charlie's Almanack
In addition make it a point to read at least 1 Financial Daily and 1 Financial Magazine.
You can also take a free course on finance at Khan Academy
Investment is a proactive business and you must periodically evaluate your performance.You must therefore also create a portfolio in Stock/Share Market Investing - Live BSE/NSE, India Stock Market Recommendations and Tips, Live Stock Markets, Sensex/Nifty, Commodity Market, Investment Portfolio, Financial News, Mutual Funds or some similar portal and evaluate your performance over a period of time.
Finally do remember that greed and fear are the 2 most compelling reasons that drive the stock markets in particular. Don't be a victim of these.
Best Wishes
From India, Mumbai
490At the outset let me caution you that you have to understand the fundamentals of investing, appreciate that one has to be prudent in investing. You must also be aware of the trade of between risk & reward with various types of investments and the importance of allocation of your portfolio between different classes of assets, based on your financial goals, risk appetite, savings potential and age profile.
Even before going in for investing I suggest you clearly write down your financial goals. Let this set the broad parameters for how much and in what financial instruments or assets you invest.
You can try to get useful inputs from the following sites
Safal Niveshak | Value Investing in India | Value Investing Course
Fundoo Professor | Thoughts of a teacher & practitioner of value investing and behavioral economics
Investopedia - Educating the world about finance
Also read up on books like : (this is only illustrative and many of them can be sourced free online in ebook format)
Rich Dad Poor Dad,
The Intelligent Investor - Benjamin Graham,
The Making of an American Capitalist,
The Little Book that Builds Wealth - Pat Dorsay
The Richest Man of Babylon -George Samuel Clason
Poor Charlie's Almanack
In addition make it a point to read at least 1 Financial Daily and 1 Financial Magazine.
You can also take a free course on finance at Khan Academy
Investment is a proactive business and you must periodically evaluate your performance.You must therefore also create a portfolio in Stock/Share Market Investing - Live BSE/NSE, India Stock Market Recommendations and Tips, Live Stock Markets, Sensex/Nifty, Commodity Market, Investment Portfolio, Financial News, Mutual Funds or some similar portal and evaluate your performance over a period of time.
Finally do remember that greed and fear are the 2 most compelling reasons that drive the stock markets in particular. Don't be a victim of these.
Best Wishes
From India, Mumbai
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Big great good books to read skanil.xls
PF Online Transfer.pdf