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Good start to learning about investing...WSJ?

Posted on 6/2/14 at 8:12 am
Posted by RickySauwce
BR
Member since Dec 2011
740 posts
Posted on 6/2/14 at 8:12 am
What would you recommend for a 21 year old to start learning more about markets and investment plans. My girlfriends dad said he has always read the WSJ and has a subscription to the value line. Is this pretty sound advice.
Posted by SG_Geaux
1 Post
Member since Aug 2004
77927 posts
Posted on 6/2/14 at 8:17 am to
Posted by reb13
Member since May 2010
10905 posts
Posted on 6/2/14 at 8:18 am to
If you are a student the wsj is really cheap, like 100 dollars a year. I learned about investing by investing.
Posted by Elvis Parsley
Red Stuck
Member since Jan 2004
615 posts
Posted on 6/2/14 at 8:19 am to
Not worth the money for learning about investing. Online resources and libraries are free, first rule of investing...don't waste money.
Posted by BigEdLSU
All around the south
Member since Sep 2010
20268 posts
Posted on 6/2/14 at 8:20 am to
Investors business daily
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
8961 posts
Posted on 6/2/14 at 8:28 am to


Start here...
Posted by Broke
AKA Buttercup
Member since Sep 2006
65042 posts
Posted on 6/2/14 at 8:29 am to
WSJ isn't a starter paper.
Posted by Shoat Nuff
Member since May 2012
181 posts
Posted on 6/2/14 at 8:39 am to
I like investopedia. Lots of good tools and tutorials about investing as well as other personal finance topics.
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
141632 posts
Posted on 6/2/14 at 8:43 am to
Go to the column on the left and click on the MB -- it will teach you all about money

invest in drake



Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6024 posts
Posted on 6/2/14 at 8:48 am to
Read zerohedge.com daily. You will learn a lot.
Posted by Bmath
LA
Member since Aug 2010
18664 posts
Posted on 6/2/14 at 8:57 am to
Watch this:



Profit
Posted by Droplinebacker
Member since Jan 2004
786 posts
Posted on 6/3/14 at 11:06 am to
quote:

Read zerohedge.com daily. You will learn a lot.


With all due respect, I was a loyal reader of zerohedge for several years. Thankfully, at the time (09-12), I didn't have any extra cash to invest, or else I would have lost an *ssload listening to them. Much to my dismay (and everyone else on there), the world did not end already.

The second poster actually had it correct - start with Stock Investing for Dummies. This will start you at the very beginning. After that, depending on how active you want to be in the market / what you want to invest in will dictate what/who you should follow. For me personally, William O'Neals books (and Investors Business Daily) were a gold-mine. But I was (am) a much more active investor.

Good luck.
Posted by Corkfather
Houston
Member since Sep 2007
19748 posts
Posted on 6/3/14 at 11:07 am to
I started investing when a friend of mine became a finacial planner. It costs me nearly nothing and I have a great life insurance policy, a 401k, a Roth IRA, and an "oh shite" fund.

Go to a place like Northwestern Mutual and do a little starter fund, playing the indexes and such. It's good that you're starting to think about these things at 21, good for you man.
Posted by BRgetthenet
Member since Oct 2011
117678 posts
Posted on 6/3/14 at 11:07 am to
Make him read "Liar's Poker" Kafka.

Assign it for homework.
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