At present I am sitting on a hunk of change earning pennies in a “high” yield savings account. I want to move this money into something more profitable. Up until now my two ex-lovers managed my money very successfully earning 110% profits during the internet boom and 40% profits in retail over the past four years. However, in between I poorly invested in Fidelity mutual funds. I’ve since sold my S&P fund, but I still have about $5,000 in Computers (Select).
Question #1: Keep the Fidelity Computers or sell and cut losses?
Question #2: What is the best way to invest in the energy sector avoiding penny stocks, junk bonds, shorting and high risk? Please advise for both long and short term investments.
Question #3: Where should I start my research? I am not looking for stock tips—instead give me tools to educate myself to bring in greater profits than my ex-lovers did.
PLEASE
Thank you!
2006-09-26
14:52:09
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4 answers
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asked by
LUCKY3
6
in
Investing