Question : What is the best way to learn about personal finance and investing? I know nothing and want to learn.?
I know nothing about personal finance. My parents never taught me and I need a complete introuduction to budgeting, saving, and investing. Step by step guidande kind of stuff. Does any have advice?
- asked by bsamuelstrauss
All Answers:
Answer #1
check out daveramsey.com he is great withfinances and funny too
- answered by one hot mamma
Answer #2
Try motleyfool.comalso Susie Orman or JohnathanPondon tv sometimesread books, good luckI foundout that when I had money in stocks, I wanted tolearn about it more
- answered by kurticus1024
Answer #3
Yes! Order the set of books by Suze Orman. Sheis great and will take you through the steps fromA-Z. I also bought my daughter the book onpersonal finance for "dummies" - she needed itBAdddd. It talks about ways to save, setting up abudget etc.
- answered by nquizzitiv
Answer #4
Go to the site
http://www.hot8sites.com/finance/Ithas great articles on finance including yourquries.
- answered by Prakash
Answer #5
Go to your library and ask the librarian torecommend a couple of books on the subject. Investing for Dummies is a decent beginning book.
- answered by muncie birder
Answer #6
www.investopedia.comfinance.yahoo.com >>>> lotsof really good articles onfinancewww.morningstar.comwww.bankrate.comAlso,most computer come equipped with Microsoft Money. It is a really good tool to keep track of yourspending and keep a budget.Good luck.
- answered by amanda
Answer #7
Good for you for asking this question!I am goingto suggest you start with just one book (and analternate). Buy (or borrow from the library) TheWall Street Journal Guide to UnderstandingPersonal Finance (4th edition). This is about thebest book of its type that I have found.As analternate, consider Personal Finance for Dummies(4th ed). While I dislike the "Dummies" name,their books are usually pretty good, and not forDummies at all.Personally, I don't think SuzieOrman is all that great.
- answered by Richard
Answer #8
Yes you could learn invest by yourself. it is yourmoney, you should know how to do with it. forstarter check this siteout.
http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com section university. a lot amount ofinformation. It will serve you wellI accumulate ingood amount in 401k at the young age.I could sharewith you. when consider invest in stock market.you should consider basic 3 things:fundamentalanalysis==(economic data,finincial health,management, business model, competetion)>>what tobuytechnical analysis==(chart+indicator)>> when tobuySentiment/schycho analysis==>>mood of investor,Contrarian point of view.Market cycle===>> checkout book Trader Almanac by jeff hirsch will giveyou inside stuffWhen you combine 3 thing, It isone of the powerful knowledge goinh with you forthe rest of your liveAt the age of 32. my 401k isamassed 74,000.00 and 30000.00 in taxble account.by follow simple rule
- answered by Hoa N
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measure and fulfill your financial needs
