Are you interested in investing and wealth management? Sorry to break it to you, but the world of investing is a lot harder today than it was 30 years ago. With a whole lot of quants math geniuses doing computer trading and a much more complex world, investing just keeps getting harder and harder. Now for the good news.

For those of you who can wade through all the muck, the profits to be made have never been greater. As volatility increases, more skillful investors have more chances to make ever greater returns. So if your new to investing and one day want to be a kick-ass investor, this is the post for you.

In the past, I worked for one of those small-time retail customer banks.

Essentially, we peddled mutual funds to all our clients without actually believing in any of the BS we sold. Mutual funds have two problems:.

Think of it this way. In addition, mutual funds lock you in for years and years. If you think that the market is going to fall, then too bad. The fund is gonna hit you with fees which are pretty hefty. These fees are known as DSC, which can range from hundreds of dollars to thousands.

Stay clear of mutual funds and stay clear of former guys like me who peddle mutual funds. BUT, keep in mind that these are the pros. These are the veterans who have been doing this for decades. Way out of my league, and if this is your second month investing, not happening.

Stick with simpler markets such as stocks, and stick with industries that you know. What is your unfair advantage? Forget the financial statements — half of them are lies. His defacto job description? To create false financial statements. Nowadays, that is what all financial statements are about. The company will show you what they want to show you. Understand the company from the ground up.

How innovative is the company — does it set the industry standards, or does it have to always play catch-up? Now this is the most important part for new investors, because investment losses are emotionally and financially devastating. Too many investors come into this industry expecting to make money right off the bat.

Like a newborn baby, your first loss will forever impact your investment psychology and how you invest in the future.

I hope you enjoyed reading this post, and all the best in your future investment endeavors! Still, I always encourage everyone to personally find someone you trust, a professional, to give you the answers you need, straight up.

Stock Trend Investing Guide for Trend Following, Index Trading, Market Timing

Just because someone says not to do something, know the facts. By reading you build up knowledge so you have your own investment guide that you build your experience and education from. We all have to start somewhere and learn from the bottom up.

Investing as a newbie beginner investing stock market investing for dummies be scary so getting educated is something that I plan to do to ease my uncertainties. Really wanting to look at being more involved in investing our hard earned money, so thanks for the great tips to help us get the ball rolling: I definitely know what you mean about find the jewel after a mistake.

I learned how to canadian federal budget 2016 employee stock options and not just buy at a decent price and cling to things.

One thing I would like to add though is that not ALL mutual funds are bad. The key is to find what fits your needs and assuming you can find a fund that is low in fees or even an index fund then it might be a good option.

Thank you Troy for this article. I look forward to more articles from you to help on my education.

Any books I can read that you could suggest along the lines of investing for dummies that can explain in clear English some of the thing s I need to know???

Put together an investment guide for newbies, like us. As for books, it depends on how much you know. Are you stuck at the basic terminology point? In that case, I suggest not books but Investopedia. Good advice about taking a loss. I know many people who sold at the bottom of the market in and locked in the loss forever.

I happens, learn from it and keep your money diverse and make sure you know your risk tolerance. I wish I would had known this years ago. Luckily, there is so much information out there that you can easily learn how to invest properly.

Playing the options game is not for me. Also, good advice on handling losses. CBB Thanks for the article, it was a hire professional forex trader read.

The more I read, the more I realize how little I know about investing! All these terms fly around like stocks which I understandmutual funds samedividends, dividend reinvestment plans, and options and I have to say I only understand half of them. I would love to read more about what these things are and how they all fit together. Like what exactly does day trading mean? Thanks for the advice1. Leave this field empty. Notify me of follow-up comments by email. Notify me of new posts by email.

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Investing in Stocks for Beginners

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