Best way to research/get tips

[Dilan]

Hi,

I want to start learning about the stock market and in a few months invest $1k in the stock market. I was wondering what would be the best way to learn/research which stocks are decent, I mean would I have to go through the newspaper everyday? Is there a site where I can see past figures etc. is it possible on the asx website? Any books?

 

[bvbfan]

I personally like shares mag and their website www.sharesmag.com.au
You should find old copies in the library as well.

If you sign up to one of the internet brokers you should get free access to research which will have the data you want

ASX site would have them but only for individual companies so lots of reading may be involved

 

[It's Snake Pliskin]

Hi,

I want to start learning about the stock market and in a few months invest $1k in the stock market. I was wondering what would be the best way to learn/research which stocks are decent, I mean would I have to go through the newspaper everyday? Is there a site where I can see past figures etc. is it possible on the asx website? Any books?

Go to Nine Msn's Investor website.

Educate yourself first though.

 

[TjamesX]

I think personally 1k is too little to invest in the stock market, its really an all or nothing bet. Better off saving really hard for a while, and trying to make that 1k larger....

If you have a small amount to invest and can only afford to buy into one company - have a look at LIC's (Listed Investment Companies), they are lower risk and give you an exposure to a wider segment of the market (its more like following the overall market)...You wont double your money, but you wont lose it all either.

In the meantime, you need to get up to speed on information about sharemarket news, here's my list of resources that I usually check through the day.....

http://www.egoli.com.au/egoli/egolihome.asp

Good site with pleanty of new and info updated throughout the day, also has price charts for ASX listed companies.

http://www.aireview.com/welcome.php

Great independant analysis of the financial markets. Weekly newsletter is a must read.

http://www.smh.com.au/business/index.html

Online newspaper business section, generally reasonable business journalism. Of particular interest, read Alan Kohler's commentary articles...... I think he is one of the best (he's the finance guy for the ABC news) - he can be found at;

http://www.smh.com.au/business/businesscommentanalysis/alankohler/

Done
TJ



Oooops forgot to add, for company specific research..... obviously

www.asx.com.au

 

[Jesse Livermore]

I want to start learning about the stock market and in a few months invest $1k in the stock market. Any books?

Hi Dilan,

Below is a list of some outstanding practical texts that will help you expand your knowledge of trading and investment, happy reading!

Beginner Trading
The Art of Trading, Tate

Intermediate - Advanced Trading
The Disciplined Trader, Douglas
Trading for a Living, Elder
Trade Your Way to Financial Freedom, Tharp

Beginner Investment
One Up on Wall Street, Lynch
Beating the Street, Lynch

Intermediate - Advanced Investment
The Intelligent Investor, Graham
Security Analysis, Graham and Dodd
The Warren Buffett Collection

Trading Biographies
Market Wizards, Schwager
The New Market Wizards, Schwager
Reminiscences of a Stock Operator, Lefevre

The Investment Biography
Buffett: The Making of an American Capitalist

Newspapers and Magazines
The Financial Review
Shares Magazine

Jesse Livermore

 

[Caliente]

dont forget to read some of the articles by tech/a

I've found my investing to be a lot tighter with a sound knowledge of charting.

My solution is AmiBroker tied with Amiquote (yahoo feed) - cheap and cheerful

 

[RichKid]

Don't forget to read Mastering Risk by Lally.