Stockmarkets for beginners
Oct 18th 2004, 12:21 am
#1
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Stockmarkets for beginners
For a while now, i have had a mild interest in dabbling in the Australian stockmarket. Now, i have absolutely no experience in anyhting like this, and my ignorance really has put me right off doig anything. I did once visit a website in UK which is supposedly for beginners to learn all about it, but it was so complicated that i gave up.
Does anyone know of a website to help me understand it all a bit better, which uses plain old english and not full of terminology i dont know?
Does anyone know of a website to help me understand it all a bit better, which uses plain old english and not full of terminology i dont know?
Oct 18th 2004, 12:23 am
#2
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Re: Stockmarkets for beginners
Originally Posted by podgypossum
For a while now, i have had a mild interest in dabbling in the Australian stockmarket. Now, i have absolutely no experience in anyhting like this, and my ignorance really has put me right off doig anything. I did once visit a website in UK which is supposedly for beginners to learn all about it, but it was so complicated that i gave up.
Does anyone know of a website to help me understand it all a bit better, which uses plain old english and not full of terminology i dont know?
Does anyone know of a website to help me understand it all a bit better, which uses plain old english and not full of terminology i dont know?
http://www.fool.com/school.htm?ref=G02A06
Oct 18th 2004, 12:40 am
#3
da Bonehead
Joined: Jan 2004
Location: Lion in da jungle
Posts: 22,767
Re: Stockmarkets for beginners
And if that does not quite seem right try this one....
www.bixbenevolentbankers.com
I get high interest in this one.
www.bixbenevolentbankers.com
I get high interest in this one.
Oct 18th 2004, 12:45 am
#4
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Re: Stockmarkets for beginners
LOL.. everyone loves a tryer BIX and you sure do try!!
thanx for the link Deadmeat..having a flick through now
thanx for the link Deadmeat..having a flick through now
Oct 18th 2004, 2:27 am
#5
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Re: Stockmarkets for beginners
Dabbling in stocks is equivalent to a flutter on horses - use your entertainment budget?
Best advice I've ever heard put simply - don't invest money you will need in the next 10 years in stocks.
Since 1990, total average annual return has been: cash 7.4%, stocks 10.4%.
But total stocks returns are more volatile than cash so you may have a run of bad luck with stocks from when start investing:
Best advice I've ever heard put simply - don't invest money you will need in the next 10 years in stocks.
Since 1990, total average annual return has been: cash 7.4%, stocks 10.4%.
But total stocks returns are more volatile than cash so you may have a run of bad luck with stocks from when start investing:
Last edited by Quinkana; Oct 18th 2004 at 2:35 am.
Oct 18th 2004, 2:31 am
#6
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Re: Stockmarkets for beginners
Yes i quite agree its just like gambling, thats why i wouldnt be daft enough to get into it in a big way and havent jumped into it feet first. I certainly wont be risking what little wealth we have on it. Just wanted to drop a little bit of spare cash in to see what happens.
Oct 18th 2004, 3:19 am
#7
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Re: Stockmarkets for beginners
Originally Posted by podgypossum
For a while now, i have had a mild interest in dabbling in the Australian stockmarket. Now, i have absolutely no experience in anyhting like this, and my ignorance really has put me right off doig anything. I did once visit a website in UK which is supposedly for beginners to learn all about it, but it was so complicated that i gave up.
Does anyone know of a website to help me understand it all a bit better, which uses plain old english and not full of terminology i dont know?
Does anyone know of a website to help me understand it all a bit better, which uses plain old english and not full of terminology i dont know?
Not sure if these will help, but here are a few forums on stock trading:
http://www.incrediblecharts.com/foru...rd-topics.html
http://lightning.he.net/cgi-bin/suid...i?action=intro
http://www.paritech.com.au/forums/cg...ultimatebb.cgi
http://www.aussiestockforums.com/forums/
Oct 18th 2004, 7:09 am
#8
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Re: Stockmarkets for beginners
Originally Posted by podgypossum
For a while now, i have had a mild interest in dabbling in the Australian stockmarket. Now, i have absolutely no experience in anyhting like this, and my ignorance really has put me right off doig anything. I did once visit a website in UK which is supposedly for beginners to learn all about it, but it was so complicated that i gave up.
Does anyone know of a website to help me understand it all a bit better, which uses plain old english and not full of terminology i dont know?
Does anyone know of a website to help me understand it all a bit better, which uses plain old english and not full of terminology i dont know?
Also check out the umpteen books at Dymocks (eg those by Paul Clitheroe).
Good ol' sharemarket maxim: 'Don't invest more than you can afford to lose'!
