investing/trading/etc. help needed

brownlad

I am a student. started to read about investing. seems interesting. anyone want to help me. i want to try my hand in this . no idea what im doing willing to learn though. started a plus 500 account this week on the bonus 25 euro . finished this week with 75.69.

if any one can give me books, links that will help me would be fantastic. and bear in mind i dont know the investment lingo , so try use small words thanks. and from the research iv done.

can some PLEASE explain to me what a portfolio is and what it entails in simple English. and also what is a 401k?

coylemj

brownlad wrote: »

can some PLEASE explain to me what a portfolio is and what it entails in simple English. and also what is a 401k?

A portfolio is simply a mixed bag of investments. 401(k) is the US term for a personal pension fund, the equivalent of a PRSA here. It used to be called an individual retirement account (IRA) but confusion with the provos led the US media to stick with 401(k) instead.

brownlad

coylemj wrote: »

A portfolio is simply a mixed bag of investments. 401(k) is the US term for a personal pension fund, the equivalent of a PRSA here. It used to be called an individual retirement account (IRA) but confusion with the provos led the US media to stick with 401(k) instead.

ok now is this "portfolio" on paper or what.

and are you able to help me with the rest of my original post?

Wudyaquit

The portfolio is the name given to the collection of all your investments. It isn't anything that's tangible of itself.
Check out the stickies on this forum - there's a glossary of terms and a list of useful links

brownlad

I am a student. started to read about investing. seems interesting. anyone want to help me. i want to try my hand in this . no idea what im doing willing to learn though. started a plus 500 account this week on the bonus 25 euro . finished this week with 75.69.

if any one can give me books, links that will help me would be fantastic. and bear in mind i dont know the investment lingo , so try use small words thanks. and from the research iv done.

now can someone help me with this part

ixus

I don't understand why you have repeated your opening post.

What I would say is this. Spend some time trawling through investopedia.com

You will get an answer to pretty much every question you have there. If you don't, ask here.

bah1011

Be careful with spread betting if you are this inexperienced. That is leveraged investing you can loose more than you originally invest.

brownlad

ixus wrote: »

I don't understand why you have repeated your opening post.

What I would say is this. Spend some time trawling through investopedia.com

You will get an answer to pretty much every question you have there. If you don't, ask here.

wel its the first im hearing about this investopedia.com so calm down bro

freeze4real

brownlad wrote: »

wel its the first im hearing about this investopedia.com so calm down bro

In fairness ixus made a relevant point. Why post your opening post twice. If you need help ask for it in a more humble manner especially to someone like ixus who knows more about it than you.


Trading in any form is not a game. If you want returns in investments you need to participate in vigorous research and development about possible companies that you'd like to invest in.


Factoring cost incurred in buying and selling brokerage fees and tax €500 is not enough only if you want to buy penny stocks. If so diversify your portfolio as they're very risky.


You also need to know what sort of companies you want to invest in oil and gas energy or commodities.


In my opinion you've not yet reached the trading stage.


Have a good read on investopedia know the basics then learn the fundamentals.