I wish I majored in finance

Have you read the books of Robert Kiyosaki? If you have not read them yet, I suggest you start reading them now. It will make you more smarter with money, even if you are not a graduate of finance course. You can start with his book "Rich Dad, Poor Dad". Then continue your reading with "Cashflow Quadrant". Then eventually to "Rich Dad's Guide To Investing". They are not just ordinary books. They are "Streetsmart books" with no nonsense, proven, and practical lessons. A must-read for people like you.

It's good that you want to take control of your money and make it work for you. I would advise you to study up on finance and economics. Maybe it's a little bit tedious, but it's not as hard as you might think and it doesn't take much time at all to learn the basics. Investing shouldn't be like gambling -- you'll feel much more comfortable if you approach your investments from a position of knowledge!

I should have majored in law then :P law is important.

Haha,failing is the mother of success.In my opinion you can communicate with people who are proficient in investment and learn their experience.Then imate them to try to invest by yourself.You be more and more experienced.You'll be a master in investment in the future. Good luck..

...Hi magic9, Well I wrote you a lot of good information and I either hit a button and erased it or it was taken out by the powers that be. I have not seen anything against suggesting stock information, so I'll try it again. Check out the stocks that provide utilites for the public, gas companies, electric companies. Paper companies and cereal companies are good as well. They should be solid and also pay monthly or annual dividends. Take an investment class at might. Motley Fool.com provides pretty good information. Citibank is trading around $3.30 or so a share, it will either move or be possibly be merged. Research is the key. You have to invest for the long term, buy it and forget it, in and out of the market is a losing proposition. Take care.

Really,.Well I'm a financial management major. I would suggest you to stop investing first because you would loss a lot of money if you still continue. You should first know how investing really works. There are many books available that you can buy or you can just surf the net for it provides infomation on how to invest your omney the right way,.!

Well, dear you don't need to be majoring in finance to know some of that stuff. You just have to learn the basics and a lot are given by the environment you live in. but if you want a really technical and broad knowledge about it then go for a crash course. You can also read some books to supply you knowledge about money management as well as investing.

If you really want to learn, you can take some courses in finance but you can get advice from experts who know more. Even if you have a degree in finance, you still need advice from pros to make good decisions.

I am not good at months, so i do not know more finance. I am learning how to deal with foreign currency exchange. Maybe you should get more advice from your friends who major in finance. Theory is not enough at this time.

so do i. there's no easy way though you'll just have to learn the ropes through trial and error.

Finance is really important especially if we run our own firm. On the other hand, it teaches us to understand the other side of every transactions. And just like your experience, I guess you really did an over forward actions with your aim and that is to earn from the product you had bought from the bank without realizing on how to achieve it. I really know the feelings of losing such big amount and I think it is not yet too late to study Finance. If we have financial knowledge, we surely can prevent this problem.

it really isn't too late to learn about finance even if you majored in another course. my field is completely different but that didn't stop me from learning those. there are lots of books and free information on the internet about finance and investments, you can start from there. remember to know what you are doing first before you make any decisions or investments. there is no such thing as luck, however, LUCK can be interpreted as Laboring Under Correct Knowledge.