Watercooler: Draw up a plan before your invest
Developing an investment strategy does not come easy. So, understanding the basics can serve just about any investor well, whether a beginner or a long-term player.
To hone your understanding of the stock market and other investment basics, these Web locales might be worth a visit:
American Association of Individual Investors • Answers frequently asked questions on an array of topics, at http://bit.ly/1aQTj8P.
CFA Institute • Covers basics and insights, at http://cfa.is/f4jDrB.
Investopedia • Serves up Investing 101, broken into several categories, at http://bit.ly/6D9e19.
TheStreet.com • Features a primer to stocks, bonds, mutual funds, taxes and more, at http://bit.ly/nzLvVm.
U.S. Securities and Exchange Commission • Offers a guide on avoiding scams and how to seek assistance, at http://1.usa.gov/H4YVfy.