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Wikipedia:Reference desk/Archives/Humanities/2023 December 9

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December 9[edit]

Online guides about share market and mutual funds[edit]

If I search online, then many websites open which are from USA, UK. I know that banking rules are same in most countries. However, if I read any online guide regarding investing in shares, stocks, should I read about my country or all countries have same rules? Papuanewtons (talk) 04:24, 9 December 2023 (UTC)[reply]

The banking rules may be similar in many countries, but they are not the same. The answer to your question depends on what these guides are about and what your goals are when reading such guides. For online guides about selecting which stocks to buy, the rules are not particularly relevant. (But beware; much of the advice found on the Internet is untrustworthy.) For "how to" guides, telling you how to go about buying the shares you have selected, it is best to consult guides that take account of the rules in your country of residence.  --Lambiam 11:44, 9 December 2023 (UTC)[reply]
General principles of investing, such as the importance of diversification, are the same from country to country, but the investment specifics vary enormously. John M Baker (talk) 02:28, 10 December 2023 (UTC)[reply]