facebookAdvice to beginners on investing. Any recommended books or articles to read? Any suggestion for brokerage a/c that is accessible to more markets with lower fees that is suitable for starters as well? - Seedly

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Anonymous

10 Mar 2021

General Investing

Advice to beginners on investing. Any recommended books or articles to read? Any suggestion for brokerage a/c that is accessible to more markets with lower fees that is suitable for starters as well?

I have been reading up on some articles on this platform as well as other platform. But the number of instruments, markets, sectors are pretty overwhelming to me and I have no idea where to start. Definitely ETF is something I look at. Any other advice on how I can further deepen my knowledge and understand more about investments? I understand that using ratios to calculate’s valuation of company stocks are something to look up as well i.e. P/B ratio.

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JeffreyLeeZQ

10 Mar 2021

Writer at Jeffreyleezq.com

Try Millionaire Teacher by Andrew Hallam, or you could go for the classic A Random Walk Down Wall Street by Burton G. Malkiel! :)

Cheers.

- Jeffrey (jeffreyleezq.com)

Zac

09 Mar 2021

Noob at Idiots Invest

For starters, you can check out an IG page I designed for beginners like myself to understand personal finance and investment better. The aim of this page is to explain common concepts or misconceptions in personal finance in simple English.

It shouldn't take you more than 15 minutes to skim through all the posts. After that you should hopefully have a skeletal framework to understand everything else.

As for where to actually put your money, I think robo-advisors are a good place to start, while you go about reading up more. If you want to invest with a particular instrument, there's not really a recommended book or article you should read.

Instead, read widely to understand the instrument and its associated pros and cons before you dive into the instrument itself. That way, you make sure you really understand the product you're buying.

My biggest advice for you will be to understand that ALL investments should be made for LONG TERM AC...

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