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Learning to Invest / Investing Beginners


Subject:  Re: What to read next? Date:  12/24/2012  1:09 PM
Author:  globalist2013 Number:  26314 of 29135

So that even if one wants to be a value investor, one might do well to learn about reading charts like a trader, so that one can refine one's timing a bit.


If you're truly sincere about becoming a 'value investor', then Ben Graham's, The Intelligent Investor, is the place to start. Whether it is stocks, bonds, commodities, currencies, or whatever, value investing is value investing, meaning, buying assets --no matter their type or kind-- at a sufficient discount to intrinsic-value to create a margin of safety. Right now, the opportunities to do value investing in the bond market are still there, just as they are always there in any asset class. But they aren't easy, obvious, or abundant, and they are better left to the pros right now.

Secondly, if it's charting that you want to learn a bit about, then Mamis' book, The Nature of Risk, is one of the best places to start. But an equally good beginning is Stan Weinstein's intro.

Congrats to you for be willing to do what so few beginning investors do, namely, some basic prep before they jump into markets and end up the losers they are destined to be.

"The only place where 'success' comes before 'work' is in the dictionary."
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