.

FWIW, take anything you read with a grain of salt. Folks will try to sell their view on "the" way to approach it but they are full of it.

What you need to learn is the meaning and significance of stock related statistics such as P/E.

The rest is mostly just keeping your ear to the ground, paying attention to news, and the final call essentially being an amalgamation of gut instinct and intuition.

To really be consistently successful, you need to have a talent at pattern recognition and analysis.

There is a reason why buy and hold investing is so often recommended. Keep that in mind.

My brother sent his son over today to learn a little about investing. He has $10,000.

We looked at WSJ, Yahoo Finance, Cramer's site, NYTimes, Fox Business, Wash Post and MSNmoney for some recommendations.

Here is what he decided to do for July: $5000 split between 3 stocks, CLMS, OPK and UVE. He will go to Scottrade to open account tomorrow. Scott gives no advice whatsoever, and TalkToChuckSchwabby wants him in their funds.

I will see him at family reunion early next month and then Nashville for the Vandy game to review events, and then talk about the remaining $5000 going into mutual funds or ETF's.