Basics of Investing

Archive for September, 2006

Question: Best way to learn about investment management and practice it?

I’ve become very interested in finance/international finance and all related topics (Investment, private equity, mutual funds, hedge funds, stock market, portfolio, securities, trading ect), this has come to me since starting to work at a bank. I do more traditional banking now which is relatively easy, I currently work as a teller.

I want to go back to school and I’ve been eying a Global Business and Public Policy degree as well as a Finance Degree. Someone taught me that I can self teach myself all the skills I need for the topics listed above and has given me a list of books I should buy, implying that paying for college might be unnecessary. Can that be true? All those analysts, brokers, hedge fund managers, don’t they go to school first and then get some hands-on experience with firms and banks? Any help is appreciated.

Answer: There is tremendous information on the net about investing. Investopedia.com also listed below is a good place to start. The series 65 test/exam allows you to become an investment adviser. However just reading the info regarding this and many other test like the series 7 or series 63 will really give you an understanding about how little we know about money and investing. This should be a great place to start.
http://finance.yahoo.com/ is another helpful tool if you are looking at following different markets. Good Luck.

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