Stocks To Pick Admist This Financial Mess

Knowing what stocks to pick during this financial mess we are in can be really difficult. There is a lot of uncertainty on Wall Street right now and even the professional stock traders are having trouble with picking the right stocks at the right time. If even the 'professionals' are having trouble right now, how is a beginner to make sense of the stock market.

For a long time now I have been wanting to get into the stock market and invest, but to be honest I am worse than a beginner when it comes to trading stocks. As an example of just how hopeless I am, lets look at some of what I would have considered my top prospects 12 months ago on the stock market - WM and TRAMX.

If you have been following the news at all you know that WaMu was seized by the FDIC and then sold off to JP Morgan Chase. The stock price is now at $0.0720. When I wanted to buy the prices were around $12. My entire investment, around $2500 would have been completely whipped out and I would have nothing left - suffer a total loss. Let's just say that when you think about stock market for beginners, you have to realize that it can be a very dangerous place to put your money if you don't know what you are doing.

The other investment that I was looking at was TRAMX, a Middle East focused fund that I was hoping would capitalize on rising oil prices. The fund opened at $10 a share and rose as high as $13. Now it is below $8. This would have been another major loss for me on the stock market.

What I am really trying to say here is that the stock market is no place for beginners who have no knowledge about what is going on and how to read financial statements. If you really want to invest money in the market then you need to spend a lot of time getting educated about it first. There is simply nothing that can compare to quality education.

The object of this education will be to understanding the stock market. With this type of education, making money on the stock market is going to be an elusive dream for you and your family. You will spend your days earning your wages to come home to your family spent. Day after day, year after year you will perform this 8-10 hour ritual with no hope of getting past it. This is where understanding the stock market comes into play. You see, getting the right information about how to analyze stocks, or knowing when prices are too high or too low, or feeling market sentiment so you can capitalize on it is one very important step to becoming financially independent and free. Don't you want to know how to pick good stocks and get a better understanding of the market?