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#2
08-01-2005, 12:40 PM
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Re: Scottrade
[ QUOTE ]
What are some good texts on "small investment"? [/ QUOTE ] The Intelligent Investor: The Definitive Book On Value Investing, Revised Edition by Benjamin Graham, Jason Zweig and The Warren Buffett Way, : Investment Strategies of the World's Greatest Investor by Robert G. Hagstrom are the two I read. 
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#3
08-01-2005, 01:38 PM
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Re: Scottrade
cool thanks, those will be some of the first I read then, I didn't want to get into books that were designed for people with large amounts of capital, I'm just 18 and looking to get familiar with the market.
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#4
08-03-2005, 07:58 AM
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Re: Scottrade
Both of those books are designed for people with large amounts of capital. I have read both of them.
If you are 18 and have a small amount of capital you should look exclusively at mutual funds. Why ? Because buying individual stocks with just a couple thousand bankroll is the same as playing too high a limit in poker. The best you could hope for is winning big on your first investment which is about a 50/50.
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#5
08-03-2005, 11:17 AM
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Re: Scottrade
Yea makes sence, I ended up buying A walk on Wall street, and The intelligent Investor (seems interesting and does have a lot of beginning stuff in the first 10 chapers). Also baught Freakanomics as well, should be some good reads, when they come in.
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