> What else do I need to know about investing in the stock market?

What else do I need to know about investing in the stock market?

Posted at: 2014-12-05 
develop a"simulated" portfolio of stocks which you have selected, see how they do over a period of time, test your strategy. remember that a basket (diversify) may do better collectively than one single stock

Start buying low and holding onto to it for a while and sell it high.

There's no "penalty" for selling stock "too soon," except that your gains might be taxed at a higher rate.

The most important rule for making money in the stock market is to not act on emotional impulses.

Buy something boring. Index funds and stocks of well-established companies are relatively safe; you will earn money when the market goes up, without much risk of losing everything.

An index fund is a collection of shares of all the companies in an index such as the S&P500. There is a low fee for a manager to maintain the fund, but that's usually cheaper than the commissions you'd pay to buy hundreds of individual stocks.

Invest a fixed amount of money in the same fund every month (or every paycheck). By keeping your total cost fixed, you buy more shares when they're cheap and fewer when they're expensive.

So you're "buying low" and buying things you never need to sell.

So this is all I know about the stock market.

-You invest by spending a certain amount of a company and you're technically an owner. You have a share of the company

-If the company becomes rich, you become rich

-If they sink, you sink

-If you forfeit too soon you have to pay a penalty

That's pretty much it, can you guys fill me in what else I need to know, also where do I start?