Google Finance tutorial for beginners:
How to make the right investment decisions
Are you new to the world of finance and looking for a reliable platform to make your investment decisions?
Then Google Finance might be just the thing for you!
In this tutorial, I’ll take you step-by-step through the key features of Google Finance and show you how to make the most of this platform to achieve your financial goals.
1. create a Google account:
To be able to use Google Finance, you need a Google account.
If you don’t have an account yet, you can create one for free at https://support.google.com/accounts/answer/27441?hl=de.
2. call up Google Finance:
Go to the website https://www.google.com/finance/?hl=en and log in with your Google account.
3. explore the home page:
The Google Finance homepage offers you an overview of the latest market information.
There you can see the most important indices, such as the DAX and the Dow Jones Industrial Average, as well as the latest news from the world of finance.
4. search for shares:
Enter the name or stock symbol of a stock in the search bar to get detailed information on this stock.
Here you can see the current share price, share price performance, important key figures such as the P/E ratio and market capitalization as well as news and analyses on the share.
5. analyze share prices:
Use the interactive charts to analyze the price development of a share over different time periods.
You can add various technical indicators to recognize trends and patterns.
6. create a portfolio:
Click on “Portfolio” and add the shares you have in your portfolio.
You can track your portfolio performance and see how your investments are developing.
7. use additional functions:
Google Finance offers many other functions that can help you make decisions.
For example, you can use stock screeners to search for stocks based on various criteria, or create news alerts to be informed about important events in the stocks you hold.
8. tips for beginners:
- Start with the basics: Before you start investing, you should understand key financial terms and concepts.
There are many free online resources that can help you with this. - Diversify your portfolio: Don’t just invest in one share or one sector.
Spread your money across different asset classes and sectors to minimize your risk. - Set yourself realistic goals: Determine how much money you want to achieve with your investments and over what period of time.
- Invest regularly: Even small amounts that you invest regularly can add up to a large sum over time.
- Be patient: Investing is a long-term game.
Don’t be discouraged by short-term price fluctuations.
With Google Finance and a little knowledge, you can conquer the world of finance and achieve your financial goals!
Further resources:
I hope this tutorial has helped you to understand the basics of Google Finance.
If you have any further questions, feel free to get in touch in the comments!