May 26, 2008

Feeding my hunger

I am a Zero when it comes to investing.. Back in India, my mom being a banker was the one incharge of handling our investments and my dad always found it convenient that he doesn't have to bother about it!! I did not know about credit and debit for a very long time, never stood in line to deposit a check.. The only times I have gone to a bank was with my mother or to see my mother :) My first time banking experience was when I came to this country, I went to a local bank in Texas and stood in the hallway like a kid with excitement in her eyes on seeing an alien mother ship ;) I slowly learned personal banking and now that I am working for a finance organization I can say I know a lot more than what I knew 3 years back!

I felt it was high time I learn about managing my $$ in terms of investments. So I asked my friend at work to help me out.. He gave me 4 books on managing your finances. One book which I found very interesting is "Real Money" by Jim Cramer. It is about making educated investments in the stock market. I totally love this book. He talks about doing your 'homework' before buying any stocks. I am not done with this book yet.. Planning to finish it by this week.

So if you are like me, don't know why the numbers change on Yahoo finance every second, don't know what the hell is P/E ratio and want to learn about the stock market, I would definitely recommend this book for starters.

1 comment:

Mrinali said...

nice blog :)