How do I start on the Stock/Share market?
(I have been interested in the Stock market. Reading Business newspaper. I can understand the jargon butI dont understand How to start. I would like to start soon and need to know a detailed and straight forward answer.)
Answer :
One, you learn whatever you can about fundamental analysis and technical analysis and maybe read up on either warren buffett or benjamin graham.You also need to know how to read annual reports and all the terminology.
Two, you get either a broker or buy into a mutual fund. you will need a trading account. Better to do it alone and get a broker, but you take all the risks. On the other hand, a mutual fund is slightly safer but you make less in bullish markets.
Three, good luck and all the best. Sell high and try to buy low (that’s the hardest bit). You will need discipline. Cheers!
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