Dennis-
I used parafin wax from the supermarket or WalMart in a melting pot for a long time, brushing it on the end grain. It worked, but it makes a HUGE mess on any piece that you can't just dip in the melting pot.
I strongly recommend AnchorSeal over a wax melting pot, if you're going to be storing/drying large blanks - it's more expensive but much easier to work with and no where near the mess.
--
I am a beginner, too, so welcome to the club!
In my limited experience, the best kind of wood to learn with is FREE wood.
Buy yourself a good chain saw, if you don't already have one, and learn how to use it
safely. Ask your friends to let you know if they see trees being downed or freshly cut on the side of the road. Also look for lots that are being cleared for construction. Ask the owners or the construction guys if you can look through the wood pile and take a few pieces -most people are happy to see the wood go to an artist instead of the dump.
Stay away from wood you don't know is freshly cut - you could be bringing in woodborers that can attack your wood pile, and then your shop/home. (If you find questionable wood that you really want and isn't rotten, submerge the log(s) or blank(s) in water completely for 24-48 hrs before bringing it inside. This should kill any bugs in the wood by way of suffocation - be sure the wood is COMPLETELY submerged, though.)
Learn to identify the local woods you DON'T want to turn (like scrub Oak and Pine, for me), and grab some of anything else you find, even if you don't know what it is. If you like how it turns/comes out, try to identify it. If not, pitch the rest of what you picked up and add it to the list of woods you don't want to get more of.
You can also watch Craigs list in your area - sometimes people post hardwoods they'll give you if you'll come get it. I got a huge load of some gorgeous hickory that way.
Turning Green Wood by Michael O'Donnell has some good information about harvesting your own wood.
One tip I learned the hard way - if you're cutting rough blanks to be turned in the vague future, make SURE you cut the pith out. I had several nice, LARGE blocks ruined because I hadn't known I needed to remove the pith.
MZR