I need the most elementary info. you can give me, as I know next to nothing about them.
thank you
2007-01-30 10:32:44 · 3 answers · asked by lefty 4 in Business & Finance ➔ Investing
After 50 years of investing, I will give you advice opposite of what Vegas said. Follow the advice of the world's 2 most successful investors, Peter Lynch and Warren Buffet -- Invest in what you know. Don't know anything about the subject, learn first, then invest. Go to www.vanguard.com, click on "go to site", click on "planning and education" tab and click on everything. Another site: www.investing.rutgers.edu/index.htm. A book "Mutual Funds for Dummies" by Eric Tyson. Peter Lynch's book, "One Up on Wall Street."
2 more sites: www.investorwords.com.
www.better-investing.org.
2007-01-30 11:46:02 · answer #1 · answered by gosh137 6 · 1⤊ 0⤋
None will. You need to choose based on your needs & goals. Open an acct @ schwab.com & see what is available. ADX & PEO 2 closed end funds that trade like stocks. Good start for anyone. Need to know nothing about how fund operates - need to just invest.
2007-01-30 18:39:27 · answer #2 · answered by vegas_iwish 5 · 0⤊ 1⤋
www.morningstar.com go to the bottom of the page where it says learn, it has a funds classroom thing to teach you about mutual funds,
2007-01-30 19:46:32 · answer #3 · answered by swenjj 4 · 0⤊ 0⤋