2006-08-18 04:50:08 · 4 answers · asked by dee4real2001 2 in Business & Finance ➔ Personal Finance
You are financial advisor for yourself because It is your money. you should know how to do with it. You make decision for your money. You could pick up some books and and study . For awhile you could see what going on. If I can do it, you could too
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com>... university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 71,000.00 and 30000.00 in taxble account. by follow simple rule
2006-08-18 15:24:20 · answer #1 · answered by Hoa N 6 · 0⤊ 0⤋
Not Morrigan Keegan! Make sure that your advisor is looking to invest for your future gain instead of risky investments. After all they only can advise you what to do. Research the type of investment that you are planning to make and observe the market. When hiring a advisior make sure his rate is not too high and he is willing to outline your furture outcomes. Most of all use your personal judgement because your assets are in his hands. Trust is the key
2006-08-18 21:34:21 · answer #2 · answered by Bobbie M 3 · 0⤊ 0⤋
Probably by asking a person you know who has used a financial advisor for themself. Your insurance company might be able to recommend you to someone. A banking institue may also be able to advise you.
2006-08-18 05:03:25 · answer #3 · answered by oldone 4 · 0⤊ 0⤋
search in yahoo for financial advisor and you will get lot of financial advisors address, phone number, email address and you can contact them.
2006-08-18 21:49:08 · answer #4 · answered by Anonymous · 0⤊ 0⤋