How do you go about investing if you are just starting or are not a professional investor?
You can start doing what the most experienced never do, and avoid many of the pitfalls they may stumble into.
1) Do not trade securities for this basic reason: Research invariably shows that you cannot time the market. So avoid any web sites that entice you with stock trading tips.
2) Open an account with a very low cost mutual fund family of funds.
3) Do not make a habit of buying individual securities.The analysts who claim they know all about them know very little for two reasons. First: Analysts are not really versed in business. Secondly: They really cannot get close enough to understand a business that even the CEO often finds difficult to comprehend. (See the Earl J. Weinreb NewsHole® comments.)
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