How do I pick up 101 of finance, stocks and investments.

Visa 🧐🤫q
Oct 12, 2018 10 Comments

I’m in IT, SWE - and I’m good at that. I feel finance is a whole new world and should be left to experts. If I want to get in to finance I will go all the way down, but I really don’t have time and passion for it, at least for now. And financial services aren’t cheap either. So I’m left out with default 401k, rsu and stocks. I barely do any other investments in stocks, bonds and commodities because I’m scared due to lack of knowledge and most importantly lack of information or trust worthy resource.

When I see people around me with same backgrounds talk about stocks and market make me wonder, from where they are getting all this - which one to buy and sell, market will go up and down, Invest in technology vs pharmaceutical vs airlines.

Do anyone feel this way, or am I the only one? What do I need to do to catch up so I can also make some extra bucks and invest with some logic behind it.

Thank you!!

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TOP 10 Comments
  • Microsoft Exponent
    Read A Random Walk Down Wall Street
    Oct 12, 2018 1
    • Nvidia / Eng Mhfdf584
      Tack on Rich dad poor dad, Richest man in Babylon, intelligent investor, and more
      Oct 20, 2018
  • Amazon mahasan
    Check out Bogleheads. Ignore other advice in this thread.
    Oct 12, 2018 1
    • Mist Systems tXTR22
      This. Stay far away from options trading like others are suggesting
      Oct 12, 2018
  • Uber konatbone
    “If I want to get in to finance I will go all the way down, but I really don’t have time and passion for it, at least for now.” that doesn’t help.

    next time you hear people talk, ask where they got that from. it might not always be as logical as you suspect
    Oct 12, 2018 0
  • New / Eng Aeon
    Put in 5k into Robinhood and play with it. Nothing teaches better than practical.
    Oct 12, 2018 2
    • Oracle of · Nada
      Paper trade before even that, or might as well just give the $5k to everyone on this thread directly
      Oct 12, 2018
    • New / Eng Aeon
      I find there’s still a big difference between paper trade and real money. You learn a lot more of how to deal with things psychologically when you practice with real money.
      Oct 12, 2018
  • Google oh hello
    Little book on common sense investing. That's all you need to be filthy rich one day
    Oct 13, 2018 0
  • Oracle of · Nada
    Investopedia and paper trading. Experiment with fake money first, treat it as a game
    Oct 12, 2018 0

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