I am in high school and I am interested in the idea of investing in the stock market as a career well….?
I dont want to be a stockbroker but just an investor in the stock market as a career and I know I have to go to college but the thing is Im not great at math (geometry) and I want to know if i will have to know advanced math or not. And what will I have to major in college in order to get a degree in investing?
There are many areas in the securities industry other than a stockbroker.
There are security analysts, accountants, lawyers, IT people, and traders that work for banks, brokerage firms, mutual fund companies; and private advisory firms
Almost any type of professional person works in the industry,
You don’t have to be good in higher math, just have an idea of the basics. You should have courses in finance, econmics, accounting, statistics, and you can major in any one of these to do well in the industry.
So don’t worry lthere is no such thing as a degree in investing. investing is something that you learn using some of the other acquired skills.
Here are some books you can start reading now,
What Works on Wall Street by James O’Shaunessey, Beating the Street and One Up on Wall Street both by Peter Lynch
The Warren Buffett Way by Robert Hagstrom
Trading For A Living by Alexander Elder
Mastering the Trade” by John Caster; “How to Make Money in Stocks” by William O’Neil
The Disciplined Trader by Mark Douglas
Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance. While at MSN read the Commentaries by Jim Jubak, Jon Markman, Harry Domash, and Liz Pullman Weston. Following the strategy lab analysts to get a feel for what the pro’s are doing and why. This site has some basic information for beginners. If any site offers free information, take it.
Other website that can provide instructions and help with procedures and terminology are Investopedia.com, Stock Charts.com, investorshub.com; and 1source4stocks.com
Visit some of the more professional websites like Zacks.com, Smart Money, Schaeffers.com, Trading Trend, Trading Markets, these website will have advertisers who are worth looking into also.
There no reason for you to wait until you finish college, or high school, to start learning about investing.
Once you learn the rules of investing, it will be something that you will be able to use for the rest of your life.
Do not ever let any one tell you not to invest or your too young, and never take advise from someone who is not investing.
Good luck on your journey, I hope I was able to give you some direction in getting into what could be a very promising career.
that’s a risky area. Investment, However I can tell you that the best way to reach your goal is to go talk to your guidance councilor and ask him/her to help you find an answer. As for math, I do believe you need math. If you are doing investment, that will fall in the category of business. You will need to take calculus courses in Business and Data Management, so you do need math in high school. When you look through the university’s program booklet then you will see the prerequisite for that university.
Advice: Only investing in Stocks in not enough for a career cause you can loose a lot, the best thing to do is invest in a lot of other area as well as stock. So for example Real estate and so on.This will bring you a lot of money!
GOOD LUCK!
There are many careers in the broad area known as finance beside being a stockbroker. While you do not have to major in math, it will help you in your finance career if you are proficient in math skills and comfortable with numbers in general. Nowadays, many of the computer programs run the financial formulas that are used to assist with analyzing companies and their financial statements, but it still would help to know how the formulas work.
Some of the best investors in the world have degrees in other disciplines and they say that their education in these other areas help them see opportunities that other people (with finance backgrounds) miss or don’t appreciate.
It’s not a career