Beginners Archives - PersonalFinanceLab Financial Literacy Gamified Wed, 21 Oct 2020 14:31:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://www.personalfinancelab.com/wp-content/uploads/favicon-50x50.png Beginners Archives - PersonalFinanceLab 32 32 How To Pick Stocks https://www.personalfinancelab.com/beginners/how-to-pick-stocks/ Tue, 11 Jul 2017 15:34:15 +0000 http://content.personalfinancelab.com/?p=16370 The most challenging aspect of starting to invest is picking the first few stocks to add to a portfolio. Every investor has their own techniques and strategies, but some fundamentals remain - buy what you know, do your homework, and don't overthink your first steps!

The post How To Pick Stocks appeared first on PersonalFinanceLab.

]]> Fractions, Ratios, Percentages, and the Stock Market https://www.personalfinancelab.com/beginners/fractions-ratios-percentages-and-the-stock-market/ Fri, 22 Jan 2016 19:34:53 +0000 http://learn.stocktrak.com/?p=12080 A "Fraction" means one piece of a whole, a "Percentage" a calculation that will tell you how big one thing is in relation to another thing, and a "Ratio" is similar to a fraction but used to compare different things. Read this article for more details about these three terms, and how they apply to a portfolio.

The post Fractions, Ratios, Percentages, and the Stock Market appeared first on PersonalFinanceLab.

]]> Using Excel To Track Your Stock Portfolio https://www.personalfinancelab.com/beginners/using-excel-to-track-your-stock-portfolio/ Tue, 19 Jan 2016 20:55:48 +0000 http://learn.stocktrak.com/?p=12075 In this article we will be looking at how you can use Excel to keep track of your account's performance. This is meant as a basic guide for people who have little or no experience with Excel.

The post Using Excel To Track Your Stock Portfolio appeared first on PersonalFinanceLab.

]]> Finding Stocks In Specific Sectors https://www.personalfinancelab.com/faq/finding-stocks-in-specific-sectors/ Tue, 22 Dec 2015 19:47:12 +0000 http://learn.stocktrak.com/?p=12021 If you've started buying a few stocks, you will probably be interested in diversifying your portfolio between various sectors. Click on this post to find out how our Quotes Tool can help you diversify your portfolio.

The post Finding Stocks In Specific Sectors appeared first on PersonalFinanceLab.

]]> Portfolio Diversification https://www.personalfinancelab.com/glossary/portfolio-diversification/ Tue, 17 Nov 2015 17:37:28 +0000 http://learn.stocktrak.com/?p=11475 Understanding what it means to build a diversified portfolio is one of the first concepts a new investor needs to understand. When talking about stocks, diversification means to make sure you don't "put all of your eggs in one basket."

The post Portfolio Diversification appeared first on PersonalFinanceLab.

]]> Reading Stock Quotes https://www.personalfinancelab.com/glossary/reading-stock-quotes/ Tue, 17 Nov 2015 17:33:34 +0000 http://learn.stocktrak.com/?p=11470 A stock quote represents the last price at which a seller and a buyer of a stock agreed on a price to make the trade. Stock quotes also contain information about the volume, high and low prices of the day and year, and more.

The post Reading Stock Quotes appeared first on PersonalFinanceLab.

]]> Why Invest In Stocks https://www.personalfinancelab.com/beginners/why-invest-in-stocks/ Tue, 17 Nov 2015 16:37:15 +0000 http://learn.stocktrak.com/?p=11462 This simple answer is when you have money to invest for an extended period of time, the stock market historically has provided the greatest return. Read this post to understand why.

The post Why Invest In Stocks appeared first on PersonalFinanceLab.

]]> What is the New York Stock Exchange? https://www.personalfinancelab.com/beginners/what-is-the-new-york-stock-exchange/ Tue, 17 Nov 2015 16:28:42 +0000 http://learn.stocktrak.com/?p=11450 The New York Stock Exchange (or NYSE) is the largest stock exchange in the world, where buyers and sellers come to trade U.S. stocks!

The post What is the New York Stock Exchange? appeared first on PersonalFinanceLab.

]]> Stocks https://www.personalfinancelab.com/beginners/stocks/ Tue, 17 Nov 2015 15:21:11 +0000 http://learn.stocktrak.com/?p=11448 Stocks are a share of ownership of a company. If you own a stock, you are involved in some of its management decisions, and you are entitled to some of the company's profits.

The post Stocks appeared first on PersonalFinanceLab.

]]> Getting Trading Ideas https://www.personalfinancelab.com/beginners/how-to-choose-stocks/ Tue, 17 Nov 2015 15:19:33 +0000 http://learn.stocktrak.com/?p=11446 The most challenging aspect of starting to invest is picking the first few stocks to add to a portfolio. Every investor has their own techniques and strategies, but we want to give you the tools you need to place your first trades, and get your portfolio off to a running start. Click here for those techniques and strategies.

The post Getting Trading Ideas appeared first on PersonalFinanceLab.

]]>