What resources are available for beginner stock investors?


Quick Answer

Books, articles, virtual trading, online stockbroker sites and paid subscription sites are some of the many resources beginning stock investors can use, explains StockTrader.com. A beginning stock investor who wants to interact with other investors should consider finding a mentor, taking a class or trying a seminar geared toward beginners.

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Full Answer

Virtual trading allows new investors to experiment with different trading strategies without using real money, states Mashable. Many virtual trading games, such as "Wall Street Survivor," offer articles about beginner's investing and online forums to exchange information with other beginners. These games also help new investors learn about commissions, trading during market hours and basic investing rules.

Books, such as "The Only Investment Guide You'll Ever Need" and "All About Asset Allocation," are also great resources for investors, claims U.S. News & World Report. Other useful titles include "A Random Walk Down Wall Street," which explains efficient-market theory, and "The Bogleheads' Guide to Investing," which details the investing strategy used by Jack Bogle. Even free articles or article series by respected investment sites help beginners understand market basics, states StockTrader.com.

Online stockbroker sites and paid subscription sites cost money to use, but these sites offer valuable research that only clients can access, according to StockTrader.com. These sites may also offer analysis, which allows beginning investors to follow the thought process used by seasoned investors to buy stocks.

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