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I want to start playing in the market

P

Pandamonium

Golden Member
What's a good book I should look into that'll explain terminology and give examples of when, say, shorting is appropriate?
 
if you dont know the terms you shouldnt even be close to considering putting money in yet. go get some books like "The intelligent Investor"
 
www.fool.com

search archived threads with keywords "invest books" to find an old thread listing a number of recommended books.

But "playing the market" is at least as risky as going to Vegas, much more risky if you don't know what you're doing. At least there you might know something about blackjack, or can put it all on red and take your less-than-50% chance of doubling it.

If you want to make money fast, 100% guaranteed: cut your living expenses, work more hours (or get a job if not working), and put all the money into an INGDirect.com savings account.
 
Well, I should clarify by saying that I've rather forgotten the terminology since I never entered the market. I'm 20, and a lot of my summer jobs have been at financial firms/financial departments, so I picked up on a lot of the jargon. But having never put it to use, I have since forgotten almost everything. I just want to try my hand at investing.

Basically, I don't have a problem losing some of my earnings for the active learning experience. Reading and research is only half the game, after all.
 
Originally posted by: Pandamonium
Well, I should clarify by saying that I've rather forgotten the terminology since I never entered the market. I'm 20, and a lot of my summer jobs have been at financial firms/financial departments, so I picked up on a lot of the jargon. But having never put it to use, I have since forgotten almost everything. I just want to try my hand at investing.

Basically, I don't have a problem losing some of my earnings for the active learning experience. Reading and research is only half the game, after all.
Click to expand...


Send me that portion of your earnings you have no problem losing and save yourself a lot of work. Take the rest and put it in a broad index fund.
 
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