Even with a helpful stock broker it would be foolish to risk your hard earned cash by investing in something you don't fully understand. There are plenty of good stock market dictionaries that you can find either online or as a printed book. Once you've got an idea of the terminology you might want to consider paper trading even when you're getting a broker's advice. When you decide to begin investing it is necessary to examine your attitude to risk. You need to consider whereabouts on the risk versus reward scale you fit to make sure you feel comfortable with your choice of investment. You can view starting your investing life at such a young age in one of three ways. But at the same time, you have to realize that there might be disadvantages of these online accounts too. Here we make a list of the pros and cons of the online savings accounts. The Good Side of the Online Savings Accounts The best thing is the convenience that you get. You do not have to stand in serpentine queues anymore to find out what s going on with your account. Another basic is something you no doubt heard as a child - "never put all you eggs in one basket". It's as true today as it ever was and will be forever no doubt. Of course we all want to be in at the bottom of the latest, greatest stellar investment but to put all your cash into that one stock isn't investing its gambling. No, it is a service offered by some companies to reduce the amount of your overall credit bill. Consolidation service is the name used by many of these companies to describe a service where by they will negotiate with your creditors. It's an especially useful service if you're not a home owner but you have debts that you can no longer manage. By around the 16th and 17th centuries Amsterdam had begun to become the main stock market in Europe. It was there that the very first company to issue stocks and bonds was formed. This was the Dutch East India Company who issued the first share ever to be sold on the Amsterdam Stock Exchange. The Dutch as leaders in this new field soon began to develop some of the financial instruments that we are all still familiar with today.