So before you give me an answer I'll give you a little bit of background. I'm a 25 year old who has been investing through a broker for the past 4 years. I want to take more control and hopefully get better returns.
My annual salary is $90,000. I have approximately $12,000 in my previous employer's 401k program and $27,000 in a fidelity money market account and distributed among various mutual funds. Recently I just relocated and sold my home leaving me with about $20,000 to invest. I have quite managable debt, a student loan, a car payment and some old hospitable bills all with low interest.
I have started doing some research but it seems quite complicated. If someone could provide some guidance or even a good place to start I would be grateful. Thanks in advance!
2006-08-08
09:21:35
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21 answers
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asked by
Anonymous