I’ve been chronicling my experiences using premium services offered by The Motley Fool, and approaching these services through the lens of someone who isn’t experienced with investing provides some valuable insight into what you need to know to get started. In my first post about this, I advised newcomers to set up their Motley Fool account and find an online trading platform or online trading simulator to begin. Once you have set those up and … [Read more...]
Oops.
Remember when I posted that I was going to start investing in stocks? Well I did it. I just didn't mean to. I did a bunch of research on stocks and picked out one to start with (I decided to do the investing in chunks - choose one stock, buy it, do more research, choose another stock, buy it, etc). I was pretty satisfied with this choice, so I logged into my Sharebuilder account, set up the buy, and transfered in funds. I set it up as a … [Read more...]
Playing the stock market
I have always thought the phrase "playing the stock market" was an interesting one. It makes it sound like someone is investing in the stock market just for fun. Admittedly, that's what many people do. They make an educated guess at what stocks will go up, and they buy shares. Sometimes the guess isn't even an educated one. But it's treated as a game, and if they lose, they lose. Unfortunately, I think that there are many people out there who … [Read more...]