2006-07-31 15:41:20 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
Send it to me. I will give it a whirl.
2006-07-31 15:45:24 · answer #1 · answered by joker45693 3 · 1⤊ 0⤋
Studies have shown that individuals who make their own decisions regarding which stocks to buy, have consistently outperformed the best fund managers by a rather large percentage.
What I'm saying is, the best person to invest your money is YOU. Only you can really know what you're after and what your goals are. Even if you tell an investment advisor, they still really don't know when it comes down to it.
Take the time to learn, research and how to invest your own money. The effort you put into it will pay off in the profits you make.
2006-08-01 09:46:46 · answer #2 · answered by 4XTrader 5 · 0⤊ 0⤋
I'm not sure of your age. But I have found that it is nearly impossible to trust someone with your money. It must be something you do yourself. You may want to subscribe to a investment newsletter. I subscribe to a few and just follow there advise. Dan Wiener has a newsletter that gives advise on Vanguard mutual funds. Your mondy is diversified and you have to do very little trading. Maybe 3 to 4 trades a year. I have been with Dan for several years and have been very satisfied.....There are also investment advisers for Fidelity. These 2 companies are the leading no load mutual fund companies. Good Luck target_011@yahoo.com send me an email for more info
2006-07-31 22:51:24 · answer #3 · answered by Jeffrey B 2 · 0⤊ 0⤋
If you dont have the time and ability to do it yourself, find a fee-only investment advisor. A fee-only advisor charges for their time, not by a commission on the investments they sell You can pay them by the hour for a set amount of advice and you can carry it out on your own or pay a percentage of the money you have invested for them to manage it for you. Request a copy of their ADV. This is a disclosure form that every advisor has to give their clients. You can also check them out with the SEC and your staet securities agency which may have a list of advisors in your state..
2006-07-31 23:43:56 · answer #4 · answered by jeff410 7 · 0⤊ 0⤋
Do it yourself! Get the education to make safe choices, and paying a broker typically does not yield a safe choice. They like the stock market and mutual funds so they can continue making money on your investments. Depending on your age, that may be too risky and not cost effective. I can get you the name of someone in your area that will visit with you and if you like and feel comfortable with them, can assist you with safe investments for no fees. Most importantly, follow your instincts, and make sure that if you are not comfortable with risk that no one talks you into it. Remember, their bottom line is making them money not you. Let me know if I can help with a contact
2006-08-02 01:50:05 · answer #5 · answered by Susan C 3 · 0⤊ 0⤋
well the truth is how much do you have to invest? then i could you from there and help
2006-07-31 23:59:23 · answer #6 · answered by darren 2 · 0⤊ 0⤋