2006-08-23 00:20:49 · 9 answers · asked by alba 1 in Business & Finance ➔ Investing
What are you investing in, the stock market?
2006-08-23 00:26:41 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you have some money in your pocket right now you can begin right now Edward Jones and share builder do not have a minimum investment to begin. If you shop around you may find others as well. I started my daughters investing with just pocket change at Edward Jones. I think it was $25 that I started them with. You can too. However the more you have the more sophisticated you can get with your investments.
I suppose the best advice is start now. Your not getting any younger. The earlier you begin the better. Time is a critical element of any investment program. So the best time to begin is right now.
2006-08-27 05:58:11 · answer #2 · answered by john d 3 · 0⤊ 0⤋
You don't determine that as there is no preparation needed to invest. You either have spare funds you can tie up for a bit or not. Most people in the market have no special knowledge of it. You buy your mutual fund, Reit, stock, etc & build slowly. If don't want to watch market an index fund based on S&P 500 or the like is best. IAU is an etf that hold actual gold. Schwab.com has all sorts of index funds with no upfront fees. Fell free to e-mail at vegas_iwish@yahoo.com
2006-08-23 10:10:35 · answer #3 · answered by vegas_iwish 5 · 0⤊ 0⤋
when you are earning money, your reserve fund has been built up and you think you can earn more money by investing it compared to where it is sitting right now
remember that it's a jungle out there, and you have to beat, hack and plough all the way; a lot of traps are set for the unwary, sharks and vultures abound waiting for you
if you can't do it yourself, invest in a well-managed mutual fund; the info's all out there, and the sky is the limit
good luck
2006-08-23 07:30:20 · answer #4 · answered by KingRichard 6 · 0⤊ 0⤋
Try contacting Primerica Financial Services, their services are free, and they will give you a complimentary Financial Needs Analysis. They will help you get out of debt and become financially independent. They have a variety of investments to choose from. You have to look at your personal situation, debt, children, mortgage, etc. They will help you, at least they did for me..Good Luck
2006-08-23 08:50:12 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Read some investing tips on this site
2006-08-23 07:22:35 · answer #6 · answered by Anonymous · 0⤊ 0⤋
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
2006-08-23 23:44:59 · answer #7 · answered by Hoa N 6 · 0⤊ 0⤋
When you can say that if you lose the investment money, it won't mess up your life.
2006-08-23 07:24:15 · answer #8 · answered by Anonymous · 0⤊ 0⤋
if you do not need to money to pay bills or care if you lose it in the markets.....
2006-08-23 07:31:04 · answer #9 · answered by Anonymous · 0⤊ 0⤋