Hi there,
I'm new to investing. I have been reading the FT every day, Reuters website and some others to get a broad idea of things and I was wondering if anyone might have some other recommendations?
For example, I've been wondering basic things, like what time do all of the stock markets actually begin trading? Is there an online account you can use in Ireland, or could you use something like zecco.com? Also, how do you know what the 'seller-dominated' markets are?
I'd appreciate any advice guys, thanks.
Marf
I'm in a similar situation to yourself, i.e. planning on moving into stockmarket investing in the near term. I'm planning on doing lots of reading before I do anything, like at least for the next year. It's clear that there are numerous competing investment methodologies (buy and hold, value investing, day trading etc.) and you should research to pick the one best suited to your circumstances. This is the hard part and deserves a lot of research. I'm leaning towards the "Random Walk" investment methodology as I think it suits my circumstances, i.e. I have limited time and bandwidth to do technical analysis etc. You owe it to yourself and your future to do your research. I would suggest reading the following:
http://www.amazon.com/Neatest-Little-Guide-Market-Investing/dp/0452289211/ref=sr_1_1?ie=UTF8&s=books&qid=1224760756&sr=1-1
http://www.amazon.com/Random-Walk-Guide-Investing/dp/039332639X/ref=pd_bbs_sr_3?ie=UTF8&s=books&qid=1224760693&sr=8-3
http://www.amazon.com/Random-Walk-Down-Wall-Street/dp/0393330338/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1224760693&sr=8-1
I am more or less convinced by the "Random Walk" approach given my personal circumstances (age, risk tolerance etc.). I am currently researching it to the next level and looking at "Asset Allocation" strategies.
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