Monday, February 23, 2009

Investment Basics for everyone else....


Part of the reason many people entrust the investment of their hard earned dollars in the hands of big money investment firms is because much of the Financial world is seen as complicated and out of the league to the everyday person. However, recently the surge of the Internet has brought investment knowledge to the hands of anyone who has a modem. Also the ease of opening and managing ones own investment accounts has opened up the world of investing to the public.

The foreign exchange markets run 24 hours a day, 5 days a week; The Futures also are open almost 24 hours a day. So investing/trading has truly transformed from a forum for the few, to a career that anyone with some cash and the willing to learn and get taken out to the woodshed a couple of times.

But beware, the world of investing can be a fruitful profession, but it isn't for everyone and it isn't something that one can open an account, place trades and expect to get rich...Quite simply it takes proactive education, will power, and a lot of practice, both paper (virtual) & real $.

The reason Ive chosen to write this blog and my original day to day blog (the Marketbeat) is because I've been in the shoes of someone who was interested in beginning a career in investing but didn't know where to start. I hope this blog can be a jump start to any out there who were like me.

Here are some links to Investing sites:

- DOW JONES -

- S&P 500 -
- NASDAQ -
- TSX -
- FOREX -

I will follow this post up this week with Pick You Time Frame: Different types of investing.

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