New to the game

[cornbread07]

Hello,

I am thinking about getting into the market, once I get a little money on my hands. I really don't know a lot, but was hoping I could get some advice here. If someone is willing to help me a bit please respond. I just want to talk about what route to take (swing trading, day trading?) and some other questions. Thanks a bunch.

Ryan in Chicago

 

[worm44]

depending on what your plans are...ie-are you looking long term investments? Short term? etc...It also depends on what kind of money you want to start out with ....Answer these questions and I will go from there with you....gl....I will help any time i can


Worm44

 

[HoopsGuru]

i would read benjamin graham's the intelligent investor and reminiscienes of a stock operator. great reads and will help you analyze things.

 

[selkirk]

pay off all your debts, know many people that have debt of 8% or higher. lower your debt levels.

then like worm stated you have to know what you want. though would look to buy into profitable companies that have a habit of raising their dividends and buying back shares.

would also make sure the companies have performed well compared to the markets .

Hoops Guru has seliected two very good books, if you think they are out of date you should invest and in 5 years read them again. the rules do not change..................never.

thanks
selkirk