What would be a good investment for a beginer?

Answer 1

Look, the best investment you can make right now is to get yourself an education in investing. You're going to have no idea if the advice people give you is any good unless you understand how money works. Personally, I recommend "The Only Investment Guide You'll Ever Need" by Andrew Tobias. It's an easy read and it will give you a firm foundation so that whenever you're presented with a financial choice or recommendation, you'll make an informed decision. No one's ever going to care as much about your money as you are, so you'd better learn how to handle it and make it grow. Good luck.

Mutual fund companies that have a large selection and low expenses: Vanguard, T Rowe Price, and Fidelity. American Funds is the biggest there is, but they carry a load. You can find funds that perform just as well without a load, so you might as well put every last dollar to work for yourself instead of paying a commission to a broker.

Answer 2

First, I would make sure you have at least 3 months salary saved up in the bank or in a money market fund for an emergency fund. (Some people say 6 months.) Financial disasters like getting layed off or sick happen to all of us.

Second, I would pay off all high interest debt. Pay off everything you can except the house mortgage and student loans. Paying off debt is one of the best investments you can make. You will have more money in the future because you won't have credit card bills to pay.

Third, if you have money left, start investing in stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks, as individual stocks are too risky. For most folks this means buying mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money conservatively, in money market funds and bond funds, and part aggressively in stock funds. Vanguard.com has an on-line questionnaire which will give you an idea how aggressive you want to be.

Investing in a mutual fund IRA for retirement may give you an income tax break. Talk to your tax adviser. You may also be able to invest in a stock mutual fund via a 401K plan at work. Buying a house instead of renting will make you a lot of money in the long run.

Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.

Answer 3

That depends. If you are a short term investor who hasn't just won the lottery or something I would not reccomend the stock market right now. It has been very volatile the last month. I'd recomend a CD. Pick your term and lock in your intrest (ING has some pretty good rates)... But if you are looking at long term, do research. Because the stock market hasn't been doing so good, you can really get a bargain on lots of great stocks. (Such as 3M, Coca Cola, McDonalds, DuPont. to name a few) Also check out some good NO LOAD mutual funds as others have allready stated.

Answer 4

Invest in a mutual fund

Answer 5

Pick a good, well diversified no load mutual fund. Look at Vanguard STAR fund or any of the lifecycle funds that are targeted to your retirement age. Vanguard, Fidelity & TRowe Price all have them.

Answer 6

Spiders and Diamonds.

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Answer 7

Exchange Traded Fund (ETF), like SPY, etc.

Answer 8

try a CD (certificate of deposit) or a stable stock, like an oil company

Answer 9

i dont know