Ah, the stock market, that roller coaster ride of financial investment. Lately, the ride has been more like a free-fall, but things are bound to improve. The market is like one big casino, with everyone playing to win. Money takes on a different meaning when it is won or lost in a single stock trade. Playing this game successfully requires a solid education regarding stocks.
MarketWatch from The Wall Street Journal offers a great online tutorial about investing in the market. In addition to stocks, consumers can learn about bonds, mutual funds, options, and more. There is even a financial section for children. A glossary of financial terms serves as a reference for both novice and experienced investors. The MarketWatch Adviser section features articles and general investing tips.
The MarketWatch tutorial recommends further education through the site run by the Securities and Exchange Commission (SEC). The SEC Investor Education Program helps retail consumers invest wisely and protect themselves from fraud. An introduction to the markets, the role of the SEC, investing basics, research, management of investments, and calculators and other tools are included.
Stock exchanges are the site of the action and also a great place for consumers to find information about stock trading. Some of them also offer free investing seminars. A visit to the Web sites of the American Stock Exchange, NASDAQ, and the New York Stock Exchange is recommended.
Books and articles are great sources of information whether you want to buy gold coins or invest in stocks. Stock broker accounts sometimes feature free simulators that allow consumers to trade using fake money. A friend or family member with market experience can become a stock investing mentor. By listening to and asking questions of a pro, anyone can go from newbie to veteran in no time.