How to invest in the stock market

billco

This is going to sound quite lame but i have to use an internet cafe to surf the web as my current computer is out of action for the time being. To save me time can someone point me in the right direction on how to get started in investing in the stock money.

Tips and advice are more than welcome too thanks guys.

bigfreddiel

start with amazon and buy a few books on investing, stocks, asset allocation and so on, check out the usual finance sites, morningstar, trustnet, monevator.

do not purchase any stock until you get a feelfor what equities are and how they work.

find out about etfs, its, reits, as well as uts.

sign up to trustnet and trial your portfolios to see how they go

remember investing is long term 5+ years so know what your goals are

then and only then start your portfolio for real

hope that helps

cheers

fj

Totton

Start with a dummy portfolio or two by getting a free account at http://www.morningstar.co.uk/ or similar such as Trustnet

Allocate yourself a set lump sum and / or monthly amount

Buy some of your selected shares by entering them into the mock portfolio AND include approximate costs by adding whatever your chosen stockbroker would charge plus the stamp duty.

Monitor / use your mock portfolio for at least 6 months

Now to select shares start researching some of the big companies, perhaps read the Business pages of the Daily Telegraph, FT etc and/or a magazine such as Investors Chronicle.

Consider buying Investment Trusts rather than shares as (i) you won't need so many to get a decent portfolio, and (ii) they can be less volatile.

Keep learning from your experiences, take cautious note of forum advice or comments, read The Motley Fool forums etc.

Whatever else you do, use common sense, be prepared to sell losers and have fun but most importantly do not invest what you can't afford to take a big loss on.

Regards,
Mickey

BLB53

start with amazon and buy a few books on investing, stocks, asset allocation and so on, check out the usual finance sites, morningstar, trustnet, monevator.

I agree - this book would be well worth a read if you can access ebooks - http://www.amazon.co.uk/Slow-Steady-Steps-Wealth-ebook/dp/B007EBLN3G/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1342637684&sr=1-1

Glen_Clark

If I had to do financial transactions on somebody else's PC I would rather trust the local library than an internet cafe

gkerr4

agree with above - read - A LOT

i recommend 'naked trader' by robbie burns (no, really) as a starting point - he covers the basics in an easy-to-read fashion.

coastline

this might help..

http://www.investopedia.com/#axzz210afFHhp