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Stock Market Help

Old 05-16-2007, 07:34 AM
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Default Stock Market Help

Hey guys I just graduated college on May 5th and would like to invest some of my graduation money in the stock market. I really do not know much about Wall Street other than what I learned in basic finance classes at ECU. Are there any good books out there that you guys could reccomend? Like a "Stock Market for Dummies"? I know you learn by observing but I was wondering if there were any books that could help jump start my learning curve? Thanks.

Rob
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Old 05-16-2007, 08:02 AM
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mutual funds
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Old 05-16-2007, 08:38 AM
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Jim Cramer's


http://en.wikipedia.org/wiki/James_Cramer
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Old 05-16-2007, 09:08 AM
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One up on Wall Street, Peter Lynch. Very smart move to start investing at an early age but be careful what you invest in.
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Old 05-16-2007, 09:45 AM
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For some good, basic information I usually recommend reading some of the information on the Vanguard.com website. They have some very good articles on asset allocation, risk and diversification. Their products are very inexpensive if you choose to use them.

You don't have to go for the "big kill". Time is on your side.
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Old 05-16-2007, 12:05 PM
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Read both of Jim Cramer's books and watch his show weeknights on CNBC. Cramer makes it easy to understand and very interesting and entertaining. During the evenings and days on CNBC there are also good shows that talk about stock market too. I don't get to catch it in the morning, but Squawk Box is on of my dads best investing advice tools.

I have done VERY well over the last 2 years with my International Mutual Funds. As long as the Euro is strong those will continue to do 20% range.
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Old 05-16-2007, 12:52 PM
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There's another forum you want to look into. Google Superior Investor. Not anywhere near as big as this one, but investing is 90% of the conversation.
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Old 05-16-2007, 12:59 PM
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Get an online subscription to www.investors.com. I've also received lots of good advice from The Cabot Market Letter and The Cabot China Report. If I were you the next time we have a major correction I'd put about $5K in a Vanguard Index Fund in a Roth IRA and leave it till you're ready to retire.

Hal
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Old 05-16-2007, 01:00 PM
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REMEMBER, AT YOUR AGE THE TORTOISE WILL ALWAYS WIN THE RACE! Having said that, take a look at EMGAX, which is far from a tortoise fund......
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Old 05-16-2007, 02:08 PM
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Congratulations on being a smart cookie. Just remember to always buy low and sell high, and you'll never go wrong.
Now if someone could only find a way to force congress to allow the taxpayers to invest a portion of the SS deduction, that congress steals from their paycheck each and every payday, into the stock market things would really be looking up for everyone.
Except for members of congress, that is.
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Old 05-16-2007, 03:25 PM
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Kilo Papa - 5/16/2007 2:08 PM

Congratulations on being a smart cookie. Just remember to always buy low and sell high, and you'll never go wrong.
Now if someone could only find a way to force congress to allow the taxpayers to invest a portion of the SS deduction, that congress steals from their paycheck each and every payday, into the stock market things would really be looking up for everyone.
Except for members of congress, that is.
Yep, I too thought that was a good idea.
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Old 05-16-2007, 04:27 PM
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Thanks for all the information guys! I am definately going to be looking into all of your suggestions and doing my homework.
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Old 05-16-2007, 04:35 PM
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buy good companies and stick with them. Do dividend reinvestment and run with it.
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Old 05-17-2007, 09:11 PM
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Also, learn about "dollar cost averaging" It's a good long term strategy no matter which way you go
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