How to Buy Stocks For Beginners in 5 Easy Steps

#1. How to Buy Stocks For Beginners in 5 Easy Steps

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How to Buy Stocks For Beginners in 5 Easy Steps

How to buy stocks for beginners is query I get asked a lot and one that I struggled with at the start of my interests in the stock market. There's so much facts out there it's so difficult to to narrow down and focus on one area. Then of policy there's so many technical terms that get thrown around. Bear and bull markets, P/E ratio what does it all mean and how can you get a handle on this? Well in short, I plan to give you a jump start in the stock shop in 5 easy steps. I can't promise to make you rich but I can promise to make you a petite wiser before jumping and buying those penny stocks.

How to Buy Stocks For Beginners in 5 Easy Steps

1) Buy The bright Investor by Ben Graham. It's one of the best stock shop books ever written (lauded by Warren Buffett no less) and laid the foundation for the idea of Value Investing. Once you've the read the book...read it again! Ensure you take in the concepts of Value Investing and it may help you in deciding which stocks to go for.

2) Sign up for a free catalogue with Yahoo Finance. I can't rave sufficient about how useful this tool is for researching companies. It also goes into great lengths about what each synonym means. The community within Yahoo is also spectacular, with numerous knowledgeable habitancy on hand to help you.

3) Sign up for free stock broker catalogue straight through which you'll be able to purchase shares. This will be region specific so I can't suggest any specific one but ensure to do you're research before handing over your bank catalogue details! The majority or brokerage associates furnish you with all kinds of stats and tools much like Yahoo Finance.

4) Start putting the lessons learned from the bright Investor into action. Recognize associates in areas that you know about. If you don't know whatever about facts technology, don't look at tech stocks. Stick to know what you know and you've got a better opening of identifying a good company. When you feel you've found a good company, get the every year reports for the past few years and start pouring over their figures. This can be requested straight through the associates own website and there's regularly a small fee incurred.

5) You've bought the book, got the Yahoo Finance Account, got your stock broker and identified some possible candidates to buy shares with. All that's left is to buy some stocks!

I hope this 5 step plan acts as a jump start to those of you seeing up how to buy stocks for beginners. I've at least pointed you in the right direction of worthwhile material to start with. Good luck in the market!

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