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Stockmarkets for beginners

Stockmarkets for beginners

Old Oct 18th 2004, 12:21 am
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Default 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?
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Old Oct 18th 2004, 12:23 am
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Default 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?
Motley Fool is pretty good ...
http://www.fool.com/school.htm?ref=G02A06
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Old Oct 18th 2004, 12:40 am
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Default 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.
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Old Oct 18th 2004, 12:45 am
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Default 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
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Old Oct 18th 2004, 2:27 am
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Default 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:
Attached Thumbnails Stockmarkets for beginners-stocks-vs-cash.gif  

Last edited by Quinkana; Oct 18th 2004 at 2:35 am.
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Old Oct 18th 2004, 2:31 am
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Default 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.
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Old Oct 18th 2004, 3:19 am
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Default 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?
PP
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/
 
Old Oct 18th 2004, 7:09 am
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Default 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?
Have a look at the Australian Stock Exchange's own site - they run some free on-line classes: http://www.asx.com.au/education/OnlineClasses.shtm

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'!
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