I have some money that I want invest but I have no idea how the investing market works
I have some money that I want invest but I have no idea how the investing market works
Here's a reference that nay help you get started in understanding the stock market: http://www.savvyladies.org/stock-mar...FUrgGQodbVUKLA
If interested in investing start with a broadly-based index mutual fund. You can learn about mutual funds here: https://www.fidelity.com/learning-ce...e-mutual-funds For an investor making a modest first investment mutual funds are a wise choice as it spreads your risk across many different companies.
It's like making a bet at a casino, you hope it wins for you, and not loses. If you don't know what you are doing, learning comes with a cost, or you pay someone who does know to bet for you.
There are many books read before you get in the game. The goal is make a good, or smart bet based on the facts. Here is a good easy tounderstand article for beginners.
How to Start Investing (with Pictures) - wikiHow
I'd like to suggest ETFs rather than mutual funds.
I spent less than a day studying funds back in the 90s, when I had some money, and did VERY well at Fidelity with mutual funds (no ETFs then).
Last year, I did OK at Vanguard. Both companies have lots of online advice that makes it easy to jump in without any books or help from elsewhere.
One quick tip: look to see where the money is. The biggest funds are the biggest for a reason.
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