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Monday October 5, 1998 Previous | Next
Dear Yahoo!:
What's a good resource for beginners to get a basic understanding of the stock market?
Kevin
Pasadena, California
Dear Kevin:
While the Net has plenty of resources for sophisticated investors, from real-time price quotes to daily market roundups and commentary, it's often difficult to find a simple description of how the stock market works. Perhaps that's because the complex, interconnected nature of stocks, bonds, options, commodities, currencies, interest rates, corporate earnings, etc., etc. defies the entire concept of "simple explanation."

That said, the best way to get a handle on buying and selling equities is probably by talking it over with an experienced investor. However, until you find that stock market mentor, here are some sites to tide your over:

The Investment FAQ offers short, annotated articles on everything from annual reports to zero-coupon bonds. You can browse the index alphabetically or visit the links that are specially recommended for beginners.

A visit to the CBS Marketwatch Investor's Primer will uncover a wealth of articles, tips and tools, many of which are useful to beginning investors. Click on "Paul Farrell's Self-Study Course" (near the bottom of the page) for a nice list of book recommendations for wannabe stock traders.

The Online Investor publishes a weekly column aimed specifically at the novice investor. Recent topics include "Bond Basics," "Dividends," and "Online Trading Tips."

 
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