Investing Online For Dummies
Chapter One
Getting Yourself Ready
for Online Investing
In This Chapter
* Analyzing your budget and determining how much you can invest
* Taking the basic steps to get started
* Understanding what returns and risks you can expect from investing
* Getting to know your personal taste for risk
* Understanding your approach to investing: Passive versus active
* Finding resources online that will help you stick with a strategy
If you've ever watched a baby learn to walk, you've seen how cautious
humans are by nature. Babies will hold themselves against a wall and
scoot along before actually going toe-to-toe with gravity and trying to walk.
That skepticism stays with most people as they get older. Before doing something
risky, you probably think good and hard about what you stand to gain
and what you might lose. Surprisingly, many online investors, especially
those just starting out, lose that innate sense of risk and reward. They chase
after the biggest possible returns without considering the ... read full excerpt from Investing Online For Dummies ebook
